Profile: Century Casinos Inc (CNTY.A)
17 Jul 2019
Century Casinos, Inc., incorporated on May 25, 1994, is an international casino entertainment company. The Company develops and operates gaming establishments, as well as related lodging, restaurant and entertainment facilities around the world. Its segments include Canada, the United States, Poland, and Corporate and Other. The Canada segment consists of Century Casino & Hotel-Edmonton; Century Casino Calgary; Century Downs Racetrack and Casino, and Century Bets! Inc. (Century Bets). The United States segment comprises Century Casino & Hotel-Central City, and Century Casino & Hotel-Cripple Creek. The Poland segment consists of Casinos Poland. The Corporate and Other segment comprises Cruise Ships and other. The Company owns casino operations in North America; holds interest in casinos throughout Poland; holds a racetrack and entertainment center (REC) in Canada and the pari-mutuel off-track betting network in southern Alberta, Canada; manages cruise ship-based casinos on international waters; manages a casino in Aruba, and provides gaming services in Argentina.
The Company's Century Casino & Hotel-Edmonton has approximately 780 ticket in/ticket out (TITO) slot machines, over 30 tables, including a round the clock poker room, and approximately 20 video lottery terminals. In addition, the property has approximately 30 hotel rooms; a 10,700-square foot showroom that can seat approximately 450 customers; a 3,000-square foot showroom that can seat approximately 200 customers, where it hosts Yuk Yuks Comedy Club comedic performances; approximately four food and beverage outlets; over 600 surface parking spaces, and an underground heated parking garage with approximately 300 additional spaces. The Company's Century Casino Calgary includes over 500 TITO slot machines, approximately 20 tables, over 25 video lottery terminals and an off-track betting parlor. In addition, the property has a restaurant; a lounge; a 1,000-square foot showroom that can seat approximately 100 customers; a 4,500-square foot showroom that can seat approximately 500 customers; an 18,000-square foot showroom that can seat approximately 1,000 customers; a 30-lane bowling alley; over 530 owned surface parking spaces, and over 260 leased surface parking spaces neighboring the casino.
The Company's subsidiary, Century Casinos Europe GmbH (CCE), owns United Horsemen of Alberta Inc., doing business as Century Downs Racetrack and Casino (CDR or Century Downs), which owns and operates a REC. The REC is located approximately 20 miles from Century Casino Calgary. The casino includes over 550 TITO slot machines and approximately seven video lottery terminals. In addition, the property has a 5.5-furlong racetrack; a bar; a lounge; a restaurant facility; an off-track betting area; an entertainment area, and approximately 700 surface parking spaces. The Company's subsidiary, Century Bets, operates the southern Alberta pari-mutuel network consisting of the sourcing of common pool pari-mutuel wagering content for racetracks throughout North America and across the world. CBS provides pari-mutuel wagering content and live video to over 20 off-track betting parlors throughout southern Alberta and has agreements with over 90 racetracks across the world to broadcast races through the off-track betting network.
The United States
The Company's Century Casino & Hotel-Central City includes over 500 TITO slot machines, approximately eight tables and over twenty six hotel rooms. It also comprises a bar, over two restaurants and approximately 500 space on-site covered parking garage. The Company's Century Casino & Hotel-Cripple Creek has over 450 TITO slot machines, approximately six tables, over 20 hotel rooms and approximately two bars. The segment also offers a restaurant and approximately 270 surface parking spaces neighboring the casino.
The Company's Casinos Poland is the owner and operator of over nine casinos throughout Poland with a total of approximately 480 slot machines and over 75 tables. The Company operates casinos in Marriott Hotel, LIM Center, Dwor Kosciuszko Hotel, Manufaktura Entertainment Complex, HP Park Plaza Hotel, Hotel Andersia, Altus Building, Sosnowiec City Center and Hotel Plock.
Corporate and Other
The Company's Corporate and Other segment operates cruise ships, which consists of approximately 10 ship-based casinos. The Company operates a total of approximately 160 slot machines and over 20 tables. It has agreements with TUI Cruises and Windstar Cruises to operate ship-based casinos.
The Company competes with Northlands Park.
Century Casinos Inc
455 E Pikes Peak Ave Ste 210
COLORADO SPRINGS CO 80903-3673