COLORADO SPRINGS, Colo., Jan. 15, 2021 /PRNewswire/ — Century Casinos, Inc. (Nasdaq Capital Market®: CNTY) (“Century Casinos” or the “Firm”) introduced at the moment that its Polish casinos would stay closed via January 31, 2021, topic to potential extensions, to adjust to prolonged quarantines issued by the Polish authorities to comprise the unfold of COVID-19.
The Poland working section contributed 4% of the Firm’s Adjusted EBITDA for the three months ended September 30, 2020.
The COVID-19 state of affairs continues to evolve quickly, and it presently seems that because of the pandemic’s present scope it is going to adversely influence the Firm at the very least via 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 & Lodges 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. Via 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, via CRM, additionally owns a 7.5% curiosity in, and gives consulting providers to, Mendoza Central Entretenimientos S.A., an organization that gives gaming-related providers to On line casino de Mendoza in Mendoza, Argentina. The Firm continues to pursue different tasks in varied levels of growth.