EANS-News: Century Casinos Announces Start of Construction at the "Century Downs
Racetrack and Casino" Project in Calgary, Alberta, Canada
Geschrieben am 20-03-2014 |
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Corporate news transmitted by euro adhoc. The issuer/originator is solely
responsible for the content of this announcement.
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Company Information
Wien (euro adhoc) - COLORADO SPRINGS, Colorado, March 20, 2014 -
Century Casinos, Inc. (NASDAQ Capital Market® and Vienna Stock
Exchange: CNTY) announced today that construction at the Century
Downs Racetrack and Casino has started.
Following the release of the stripping and grading permit on March
12, 2014, heavy machinery arrived on site to begin the earthwork. The
company expects piling and foundation work for the casino to begin in
April 2014.
United Horsemen of Alberta and Century Casinos chose Chandos
Construction Ltd. as general contractor for the construction of the
casino. Chandos Construction had delivered the company's Century
Casino Edmonton in 2006 on time and on budget. For this project,
Chandos Construction will work with prefabricated concrete panels for
the walls of the casino building, which will facilitate a fast
completion time of the project.
For the detailed planning of the racetrack Charles E. Coon and Sons,
Inc. has been signed as track consultant. Charles E. Coon and Sons is
renowned in the horse industry as specialist in track design,
construction and maintenance.
Century Downs Racetrack and Casino is located less than one mile
north of the city limits of Calgary and 4.5 miles from the Calgary
International Airport. The location is ideally positioned exiting off
the Queen Elizabeth II Highway, which is the main corridor between
Calgary and Edmonton and one of the most heavily used highways in
Western Canada, next to the CrossIron Mills shopping mall, a major
regional attraction, and would capture both the north and the
northwest Calgary markets, which do not currently have a casino.
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, Nautica, Marina, Riviera, Mein Schiff
1, Mein Schiff 2, Wind Surf, Wind Star, Wind Spirit, Seven Seas
Voyager, Seven Seas Mariner and Seven Seas Navigator). Through its
Austrian subsidiary, Century Casinos Europe GmbH, the Company holds a
66.6% ownership interest in Casinos Poland Ltd, the owner and
operator of nine casinos in Poland. The Company also manages the
operations of the casino at the Radisson Aruba Resort, Casino & Spa
in Aruba, 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 Section 27A of the Security Act of 1933, as amended,
Section 21E of the Securities Exchange Act of 1934, as amended, and
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, statements regarding the REC project and financing,
timing and prospectus for the project, future results of operations,
operating efficiencies, synergies and operational performance, and
plans for our casinos and our Company. 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 section entitled "Risk Factors" under Item 1A in our Annual
Report on Form 10-K for the year ended December 31, 2012. 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
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weitere Artikel:
- EANS-News: Century Casinos meldet den Beginn von Bauarbeiten am "Century Downs
Racetrack und Casino" Projekt in Calgary, Alberta, Canada --------------------------------------------------------------------------------
Corporate News übermittelt durch euro adhoc. Für den Inhalt ist der
Emittent/Meldungsgeber verantwortlich.
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Unternehmen
Wien (euro adhoc) - COLORADO SPRINGS, Colorado, 20. März 2014 -
Century Casinos, Inc. (NASDAQ Capital Market® und Wiener Börse: CNTY)
gab heute bekannt, dass die Arbeiten am Bau des Century Downs
Racetrack und Casino aufgenommen wurden.
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ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide
distribution. The issuer is solely responsible for the content of this
announcement.
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