COLORADO SPRINGS, Colo., Dec. 28, 2020 /PRNewswire/ — Century Casinos, Inc. (Nasdaq Capital Market®: CNTY) (“Century Casinos” or the “Firm”) introduced immediately that it’ll briefly shut its Polish casinos at 11:59 p.m. on Monday, December 28, 2020 by Monday, January 18, 2021 to adjust to quarantines issued by the Polish authorities to include the unfold of COVID-19.
The Poland working phase contributed 4% of the Firm’s Adjusted EBITDA for the three months ended September 30, 2020.
The COVID-19 scenario continues to evolve quickly, and it presently seems that as a result of pandemic’s present scope it should adversely influence the Firm not less than by the primary half of 2021.
About Century Casinos, Inc.:
Century Casinos, Inc. is a on line casino leisure firm. The Firm owns and operates Century On line casino & Resorts in Cripple Creek and Central Metropolis, Colorado, and in Edmonton, Alberta, Canada; the Century On line casino in Cape Girardeau and Caruthersville, Missouri, and in St. Albert, Alberta, Canada; Mountaineer On line casino, Racetrack & Resort in New Cumberland, West Virginia; the Century Mile Racetrack and On line casino (“CMR”) in Edmonton, Alberta, Canada; and Century Bets! Inc. (“CBS”). CBS and CMR function the pari-mutuel off-track horse betting networks in southern and northern Alberta, respectively. By its Austrian subsidiary, Century Resorts Administration GmbH (“CRM”), the Firm holds a 66.6% possession curiosity in Casinos Poland Ltd., the proprietor and operator of eight casinos all through Poland; and a 75% possession curiosity in Century Downs Racetrack and On line casino in Calgary, Alberta, Canada. The Firm operates 4 ship-based casinos. The Firm, by CRM, additionally owns a 7.5% curiosity in, and gives consulting companies to, Mendoza Central Entretenimientos S.A., an organization that gives gaming-related companies to On line casino de Mendoza in Mendoza, Argentina. The Firm continues to pursue different tasks in varied phases of improvement.