EANS-News: Century Casinos not awarded Swiss casino project

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Company Information

Wien (euro adhoc) - June 22, 2011

Century Casinos not awarded Swiss casino project

Colorado Springs, Colorado, June 22, 2011 - Century Casinos,
Inc. (NASDAQ Capital Market® and Vienna Stock Exchange: CNTY)
announced today that the Swiss authorities have decided to award the
casino license to a different project.

The decision of the Swiss Government will be final and is not
appealable.

About Century Casinos, Inc.: Century Casinos, Inc. is an
international casino entertainment company that owns and operates
Century Casino & Hotels in Cripple Creek and Central City,
Colorado, and in Edmonton, Alberta, Canada and the Century Casino
in Calgary, Alberta, Canada. The Company also operates casinos
aboard twelve luxury cruise vessels (Regatta, Insignia, Nautica,
Marina, Mein Schiff 1, Mein Schiff 2, Wind Surf, Wind Star, Wind
Spirit, Seven Seas Voyager, Seven Seas Mariner and Seven Seas
Navigator) and signed a contract for an additional casino on
board of Oceania Cruises´ Riviera that is expected to start
operations in the coming months. Through its Austrian
subsidiary, Century Casinos Europe GmbH, the Company holds a
33.3% ownership interest in Casinos Poland Ltd., the owner and
operator of seven full casinos in Poland. The Company also manages
the casino at the Radisson Aruba Resort, Casino & Spa in Aruba, in
the Caribbean. Century Casinos, Inc. continues to pursue other
international projects in various stages of development.

For more information about Century Casinos, visit our
website at www.centurycasinos.com. Century Casinos´ common stock
trades on The NASDAQ Capital Market® and the Vienna Stock Exchange
under the symbol CNTY.

This release may contain "forward-looking statements" within the
meaning of the Private Securities Litigation Reform Act of 1995.
These statements are based on the beliefs and assumptions of the
management of Century Casinos based on information currently
available to management. Such forward-looking statements include,
but are not limited to, future results of operations,
expected competition, the impact of new gaming laws, plans for
our casinos and the impact of the economic downturn. Such
forward-looking statements are subject to risks, uncertainties and
other factors that could cause actual results to differ
materially from future results expressed or implied by such
forward- looking statements. Important factors that could cause
actual results to differ materially from the forward-looking
statements include, among others, the risks described in the
sections entitled "Risk Factors" under Item 1A in our Annual
Report on Form 10-K for the year ended December 31, 2010.
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.

Further inquiry note:
Century Casinos Europe GmbH
Mag. Peter Hötzinger, CO-CEO
Tel.:0664/3553935
mailto:peter.hoetzinger@cnty.com
http://www.cnty.com

end of announcement euro adhoc
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company: Century Casinos,Inc.
c/o Century Casinos Europe GmbH, Untere Viaduktgasse 2
A-1030 Wien
phone: +43/664/3553935
FAX: +43/1/5336363
mail: peter.hoetzinger@cnty.com
WWW: www.cnty.com
sector: Casinos & Gambling
ISIN: AT0000499900
indexes: WBI, ATX Prime
stockmarkets: official market: Wien
language: English