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Tag Archives: Century Casinos

Canada – Century Casinos enjoys best ever second quarter

Canadian operator Century Casinos enjoyed its best ever second quarter with revenues of $111.1m, an increase of 21 per cent from the three months ended June 30, 2021. Earnings from the group’s 17 casino operations were $20.8m, an increase of 15 per cent from the three months ended June 30, 2021. Peter Hoetzinger, Co-Chief Executive Officers of Century…

US – Century Casinos completes Nugget deal in Reno

Century Casinos has completed the acquisition of 50 per cent of the membership interests in Smooth Bourbon from Marnell Gaming for $95m. PropCo owns the land and building underlying the Nugget Casino Resort and has entered into a lease with Nugget Sparks, which operates the Nugget Casino Resort, for an annual rent of $15m. The Company will…

US – Century to relocate last remaining riverboat casino on open water in Missouri

Century Casinos has confirmed it plans to relocate its Century Casino Caruthersville casino, currently the last remaining riverboat on open water in Missouri, to a land-based casino with an attached hotel, estimated to open in early 2024, and to build a hotel that will attach onto Century Casino Cape Girardeau, estimated to open in late 2023….

Canada – Century Casinos Canadian horse racing content set for global distribution

Century Casinos’ Canadian subsidiaries operating horse racetracks, doing business as Century Downs Racetrack and Casino and Century Mile Racetrack and Casino, have partnered with Betmakers’ Global Racing Network for the distribution of CDR’s and CMR’s racing content as well as the facilitation of fixed odds wagering on the two racetracks’ thoroughbred and standardbred horse races….

US – Century Casinos to buy Nugget Casino Resort in Reno

Century Casinos is to buy 50 per cent of Smooth Bourbon and 100 per cent of Nugget Casino Resort from Marnell Gaming for $195m. The company will also have a five-year option to purchase the remaining 50 per cent of PropCo for $105m plus two per cent per annum. The company will purchase its 50 per cent interest…

Canada – Century generates highest ever quarterly EBITDA in its history

Century Casinos generated the highest quarterly EBITDA in the history of the company for the three and six months ended June 30, 2021 with net operating revenue of $92.2m, an increase of 155 per cent from the three months ended June 30, 2020. Earnings from operations was $18.1m, an increase of 957 per cent from…

Canada – Century Casinos re-opens all four of its casinos in Alberta

Century Casinos has announced that operations at Century Casino & Hotel Edmonton, Century Casino St. Albert, Century Mile Racetrack and Casino, Century Downs Racetrack and Casino and Century Sports Calgary reopened on June 10, 2021. Casinos throughout Alberta were closed on December 13, 2020 to comply with a quarantine imposed by the Alberta government to…

Poland – Century Casinos officially reopen casinos in Poland

Century Casinos’ subsidiary Casinos Poland, in which the company holds a 66.6 per cent ownership interest, reopened its eight casinos on May 28. Casinos throughout Poland were closed on 19 March 2021 to comply with a quarantine imposed by the Polish government to contain the spread of COVID-19. The regulation lifting the lockdown for casinos…

US – Century seeing revenue rebound in Missouri

Century Casinos has seen some of its US casinos surpass pre-pandemic operating levels with venues in Missouri operating at 27 per cent higher than 2019 levels, and the Cape Girardeau Casino generating its highest ever slot revenue. But with results driven almost exclusively by its casinos in the US, due to COVID-related closures in Canada…