COLORADO SPRINGS, Colorado,
Sept. 14, 2020 /PRNewswire/ --
Century Casinos, Inc. (Nasdaq Capital MarketĀ®: CNTY) ("Century
Casinos" or the "Company"), announced today that it successfully
reopened live table games at Century Casino and Hotel in
Edmonton, Canada; Century Casino
Calgary, Canada; Century Casino
St. Albert, Canada; and Century
Casino and Hotel Central City,
Colorado, between September 7,
2020 and September 11,
2020.
In Canada, Century Casinos
continues comprehensive sanitizing and social distancing protocols
based on Alberta Health Services guidelines and newly established
industry standards at each property. Details about these measures
are available in the COVID-19 Update section on each property's
website which can be accessed at www.cnty.com.
In Colorado, Gilpin County is one of three counties to
receive certification to move to Colorado's Protect Our Neighbors phase,
expanding business operations. Live table games will be open daily
with approved health and safety guidelines including limiting the
number of customers at each live table game.
The Company is also proud to announce that Century Casino and
Hotel Central City, Colorado was
voted Denver's Best Casino in 2020
on Denver's A List.
About Century Casinos, Inc.:
Century Casinos, Inc. is
a casino entertainment company. The Company owns and operates
Century Casino & Hotels in Cripple
Creek and Central City,
Colorado, and in Edmonton,
Alberta, Canada; the Century Casino in Cape Girardeau and Caruthersville, Missouri, in Calgary and St.
Albert, Alberta, Canada; Mountaineer Casino, Racetrack &
Resort in New Cumberland, West
Virginia; the Century Mile Racetrack and Casino ("CMR") in
Edmonton, Alberta, Canada; and
Century Bets! Inc. ("CBS"). CBS and CMR operate the pari-mutuel
off-track horse betting networks in southern and northern
Alberta, respectively. Through its
Austrian subsidiary, Century Resorts Management GmbH ("CRM"), the
Company holds a 66.6% ownership interest in Casinos Poland Ltd.,
the owner and operator of eight casinos throughout Poland; and a 75% ownership interest in
Century Downs Racetrack and Casino in Calgary, Alberta, Canada. The Company operates
four ship-based casinos. 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 projects in various stages of development.
Century Casinos' common stock trades on The Nasdaq Capital
MarketĀ® 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, including the impact of the acquisition of the Acquired
Casinos on the Company's results, the impact of the current
coronavirus (COVID-19) pandemic, the adequacy of cash flows from
operations and available cash to meet our future liquidity needs,
particularly if we cannot operate our casinos due to COVID-19 or
their operations are restricted, operating efficiencies, synergies
and operational performance, the integration of the Acquired
Casinos into our business, the prospects for and timing and costs
of new projects, projects in development and other opportunities,
our credit agreement with Macquarie and obligations under our
Master Lease and our ability to repay our debt and other
obligations, 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, 2019, in
Item 8.01 of our Form 8-K filed with the SEC on May 8, 2020, 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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