COLORADO SPRINGS, Colo.,
May 31, 2019 /CNW/ -- Century
Casinos, Inc. (Nasdaq Capital Market®: CNTY) announced today the
opening of an additional gaming floor at its casino at the Marriott
Hotel in Warsaw, Poland. The
casino is operated by the company`s majority owned subsidiary,
Casinos Poland Ltd.
At 08:00 p.m. CEST on May 30, 2019, approximately 800 guests were
welcomed by Casinos Poland`s staff and were invited to explore the
newly created 4,000 square feet gaming floor, featuring 15 gaming
tables and 20 slot machines, two VIP rooms as well as a bar and
lounge area. The casino is now offering a total of 35 gaming tables
and 70 slot machines on a total gaming floor of approximately
12,000 square feet.
"We are excited about the substantial increase in the gaming
offer of our Polish flagship casino and believe it will further
strengthen Casinos Poland's successful performance," Erwin
Haitzmann and Peter Hoetzinger, Co Chief Executive Officers of
Century Casinos, said.
About Century Casinos, Inc.:
Century Casinos, Inc. is
an international casino entertainment company that operates
worldwide. The Company owns and operates Century Casino &
Hotels in Cripple Creek and
Central City, Colorado, and in
Edmonton, Alberta, Canada; Century
Casino in Calgary and St. Albert, Alberta, Canada and in
Bath, England; and the Century
Mile Racetrack and Casino ("CMR") in Edmonton, Alberta, Canada. Through its
Austrian subsidiary, Century Resorts Management GmbH ("CRM"), the
Company holds a 66.6% ownership interest in Casinos Poland Ltd.,
the owner of seven casino licenses throughout Poland. The Company, through CRM, also holds
75% ownership interests in both CDR, which operates in the north
metropolitan area of Calgary, Alberta,
Canada; and Century Bets! Inc. ("CBS"); and a 51% ownership
interest in Golden Hospitality Ltd., a company that manages a hotel
and international entertainment and gaming club in Vietnam. The Company operates the northern and
southern Alberta pari-mutuel
off-track betting networks through CMR and CBS, respectively. The
Company operates nine ship-based casinos under agreements with
three cruise ship owners. The Company, through CRM, also owns a
7.5% interest in, and provides consulting services to, Mendoza
Central Entretenimientos S.A., a company that provides
gaming-related services to Casino de Mendoza in Mendoza,
Argentina. The Company continues
to pursue other international projects in various stages of
development.
Century Casinos' common stock trades on The Nasdaq Capital
Market® under the symbol CNTY. For more information about Century
Casinos, visit our website at www.cnty.com.
This release may contain "forward-looking statements" within
the meaning of Section 27A of the Securities Act of 1933, as
amended, Section 21E of the Securities Exchange Act of 1934, as
amended, and the Private Securities Litigation Reform Act of 1995.
These statements are based on the beliefs and assumptions of the
management of Century Casinos based on information currently
available to management. Such forward-looking statements include,
but are not limited to, statements regarding future results of
operations, operating efficiencies, synergies and operational
performance, the prospects for and timing and costs of new
projects, projects in development and other opportunities,
including the Bermuda project,
debt repayment, investments in joint ventures, outcomes of legal
proceedings, changes in our tax provisions or exposure to
additional income tax liabilities, and plans for our casinos and
our Company. Such forward-looking statements are subject to risks,
uncertainties and other factors that could cause actual results to
differ materially from future results expressed or implied by such
forward-looking statements. Important factors that could cause
actual results to differ materially from the forward-looking
statements include, among others, the risks described in the
section entitled "Risk Factors" under Item 1A in our Annual Report
on Form 10-K for the year ended December 31,
2018 and in subsequent periodic and current SEC filings we
may make. Century Casinos disclaims any obligation to revise or
update any forward-looking statement that may be made from time to
time by it or on its behalf.
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SOURCE Century Casinos, Inc.