Century Casinos Publicizes Prolonged Polish On line casino Closures in Response to COVID-19 Pandemic
COLORADO SPRINGS, Colo., Could 7, 2021 /PRNewswire/ — Century Casinos, Inc. (Nasdaq Capital Market®: CNTY) (“Century Casinos” or the “Firm”) introduced at this time that its Polish casinos would stay closed by June 6, 2021, topic to potential extensions, to adjust to prolonged quarantines issued by the Polish authorities to include the unfold of COVID-19. The Firm beforehand anticipated the Polish casinos would reopen on Could 8, 2021.
The COVID-19 state of affairs continues to evolve quickly, and it presently seems that because of the pandemic’s present scope it’ll adversely affect the Firm at the very least 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 & Accommodations 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 way of 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 one ship-based on line casino. The Firm, by 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 improvement.
Century Casinos’ frequent inventory trades on The Nasdaq Capital Market® below the image CNTY. For extra details about Century Casinos, go to our web site at www.cnty.com.
This launch could include “forward-looking statements” throughout the which means of Part 27A of the Securities Act of 1933, as amended, Part 21E of the Securities Trade Act of 1934, as amended, and the Personal Securities Litigation Reform Act of 1995. These statements are primarily based on the beliefs and assumptions of the administration of Century Casinos primarily based on data presently obtainable to administration. Such forward-looking statements embody, however will not be restricted to, statements relating to future outcomes of operations, together with the affect of the present coronavirus (COVID-19) pandemic on its reporting and working segments and the Firm total. Such forward-looking statements are topic to dangers, uncertainties and different components that would trigger precise outcomes to vary materially from future outcomes expressed or implied by such forward-looking statements. Vital components that would trigger precise outcomes to vary materially from the forward-looking statements embody, amongst others, the dangers described within the part entitled “Danger Components” below Merchandise 1A in our Annual Report on Kind 10-Okay for the yr ended December 31, 2020, and in subsequent periodic and present SEC filings we could make. Century Casinos disclaims any obligation to revise or replace any forward-looking assertion which may be made occasionally by it or on its behalf.