Century Casinos Announces Expansion of Caledon Casino
SOUTH AFRICA, December 22, 2005. In time for the busy Christmas holiday season, Century Casinos has opened an expansion of its South African property, The Caledon Casino, Hotel & Spa.
The gaming floor of the casino has been expanded and 50 additional slot machines have been added, raising the total number by 17% to 350. The newly installed machines are amongst the most popular games in South Africa.
"We are looking forward to accelerate growth at The Caledon Casino, Hotel & Spa and are hopeful that the additional games will support a further increase of our Caledon EBITDA," said Erwin Haitzmann, Co CEO and Chairman.
This release may contain forward-looking statements that involve risks and uncertainties. Among the other important factors which could cause actual results to differ materially from those in the forward-looking statements are economic, competitive, and governmental factors affecting the company's operations, markets, services and prices, as well as other factors detailed in the Company's filings with the Securities and Exchange Commission, including its recent filings on Forms 10-K, 10-Q, and 8K. 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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