Century Opens Casino & Hotel in Central City, Colorado
CENTURY CITY, CO, July 12., 2006. Century Casinos, Inc. (Nasdaq: CNTY; Vienna Stock Exchange) announced today that the Company's new property, Century Casino & Hotel, in Central City, Colorado, has opened.
In the fourth quarter 2006, Century Casinos plans to open another new Century Casino & Hotel in Edmonton, Canada, and a new casino and hotel facility for the Monte Vista Casino & Conference Center in Newcastle, South Africa.
Additionally, the Company entered into an agreement to acquire a 33.3% controlling stake in Casinos Poland's eight casinos, which is still subject to due diligence and the approval of the Polish Anti Monopoly Authority. These new properties will increase the number of casinos owned and/or operated by Century Casinos from 11 to 20 and will more than double Century Casinos' casino and hotel capacity by the end of 2006.
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