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Company Profile
Century Casinos Inc is a US-based international casino entertainment company. The company principally engages in the development and operations of gaming establishments as well as related lodging, restaurant, and entertainment facilities. Through its subsidiaries, it manages Century Casino & Hotel, Century Casino St. Albert, Century Casino Calgary, Century Downs Racetrack and Casino, Century Mile Racetrack and Casino in Canada: Century Casino & Hotel in United States and Casinos Poland in Poland. Along with its land-based casinos, it also operates ship-based casinos on international and Alaskan waters pursuant to casino concessionaire agreements with cruise lines which include, Oceania Cruises, TUI Cruises, Windstar Cruises and Regent Seven Seas Cruises.
Century Casinos, Inc. Announces Fourth Quarter and Full Year 2020 Results
Fourth Quarter 2020 Highlights
Net operating revenue was $84.8 million, an increase of 26% from the three months ended December 31, 2019.
Earnings from operations were $18.7 million, an increase of 227% from the three months ended December 31, 2019.
Net earnings attributable to Century Casinos, Inc. shareholders were $6.7 million, a change of 133% from the three months ended December 31, 2019.
Adjusted EBITDA was $18.3 million, an increase of 87% from the three months ended December 31, 2019.
Basic earnings per share were $0.23, an increase of 134% from the three months ended December 31, 2019.
Diluted earnings per share were $0.22, an increase of 132% from the three months ended December 31, 2019.
COLORADO SPRINGS, Colo., March 5, 2021 /PRNewswire/ Century Casinos, Inc. (Nasdaq Capital Market: CNTY) announced today that the company will release its earnings for the fourth quarter and
Century Casinos Launches Mobile App Powered by JOINGO prweb.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prweb.com Daily Mail and Mail on Sunday newspapers.
12 February 2021
Century Casinos, Inc. s subsidiary Casinos Poland Ltd., in which the Company holds a 66.6% ownership interest, reopened its eight casinos today.
The government mandate allowing casinos to reopen is limited until February 28, 2021 and expected to be reassessed by then.
Casinos throughout Poland were closed on December 28, 2020 to comply with a quarantine imposed by the Polish government to contain the spread of COVID-19. The regulation lifting the lockdown for casinos includes social distancing practices and enhanced health and safety protocols.
There is no assurance that the casinos will be allowed to remain open past February 28, 2021; if the casinos are required to close again at that time, the Company will report such closures in its Form 10-K for the year ended December 31, 2020.