EANS-Adhoc: Century Casinos, Inc. Announces Fourth Quarter and Year Ended 2013 Results (with document)

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annual result/Company Information
31.03.2014

Colorado Springs, Colorado - March 31, 2014 - Century Casinos, Inc.
(NASDAQ Capital Market® and Vienna Stock Exchange: CNTY) today
announced its financial results for the three months and year ended
December 31, 2013.

2013 Highlights* oNet operating revenue was $104.6 million, a 46%
increase from the year ended December 31, 2012. oAdjusted EBITDA**
was $12.6 million, a 20% increase from the year ended December 31,
2012. oNet earnings attributable to Century Casinos, Inc.
shareholders were $6.2 million, a 51% increase from the year ended
December 31, 2012. oEarnings per share were $0.26. oBook value per
share *** at December 31, 2013 was $5.00.

Fourth Quarter 2013 Highlights* oNet operating revenue was $29.4
million, a 66% increase from the three months ended December 31,
2012. oAdjusted EBITDA** was $2.2 million, a 3% increase from the
three months ended December 31, 2012. oNet losses attributable to
Century Casinos, Inc. shareholders were $0.2 million, a 134%
decrease from the three months ended December 31, 2012. oLosses per
share were $0.01.

The period over period increases in net operating revenue and
Adjusted EBITDA relate to the inclusion of operating results from
Casinos Poland Ltd. (CPL) beginning in the second quarter of 2013. In
April 2013, the Company completed the purchase of an additional 33.3%
ownership interest in CPL. The Company owns a 66.6% ownership
interest in CPL and consolidates CPL financial information as a
majority-owned subsidiary for which the Company has a controlling
financial interest. Prior to the acquisition of this additional
interest in CPL, the Company owned 33.3% of CPL and accounted for the
CPL ownership interest as an equity investment.

On November 29, 2013, our subsidiary Century Casinos Europe GmbH
finalized credit and management agreements with United Horsemen of
Alberta, Inc. (UHA) in connection with the development of a Racing
Entertainment Center (REC) project in the north metropolitan area of
Calgary, Alberta, Canada. The project will include a horse race track
and other gaming, restaurant and entertainment facilities. Under the
agreements, we acquired 15% of UHA, control the UHA board of
directors and will manage the development and operation of the REC
project. As of November 29, 2013, we began consolidating UHA as a
minority owned subsidiary for which we have a controlling financial
interest. While unaffiliated shareholders currently own the remaining
85% of UHA, we have the right to convert $11 million (that we will
provide out of a total of $24 million for the development of the REC
project) into a 60% ownership stake in UHA, bringing our total to
75%. We account for and report the current 85% UHA ownership interest
that we do not own as a non-controlling financial interest.

The period over period increases relate primarily to the inclusion of
operating results from Casinos Poland, Ltd. (CPL) in the second
quarter of 2013. In April 2013, the Company completed the purchase of
an additional 33.3% ownership interest in CPL. The Company now owns a
66.6% ownership interest in CPL and consolidates CPL financial
information as a majority-owned subsidiary for which the Company has
a controlling financial interest. Prior to the acquisition of this
additional interest in CPL, the Company owned 33.3% of CPL and
accounted for the CPL ownership interest as an equity investment.

| |For the Three Months |For the Year |
|Amounts in thousands, |Ended December 31 , |Ended December 31, |
|except per share data | | |
|Consolidated Results: |2013 |2012 |% |2013 |2012 |% |
| | | |Change| | |Change|
|Net operating revenue |$29,424|$17,745|66% |$104,588|$71,828|46% |
|Earnings from operations|(16) |894 |(102%)|5,483 |5,776 |(5%) |
|Net earnings |(211) |624 |(134%)|6,181 |4,091 |51% |
| | | | | | | |
|Adjusted EBITDA** |$2,189 |$2,123 |3% |$12,636 |$10,563|20% |
| | | | | | | |
|Earnings per share: | | | | | | |
|Basic |($0.01)|$0.03 |(133%)|$0.26 |$0.17 |53% |
|Diluted |($0.01)|$0.03 |(133%)|$0.26 |$0.17 |53% |
|Weighted average common | | | | | | |
|shares: | | | | | | |
|Basic |24,378 |24,127 | |24,052 |24,004 | |
|Diluted |24,365 |24,145 | |24,213 |24,105 | |

Three Months and Year Ended December 31, 2013 Results* Net operating
revenue increased by $11.7 million, or 66%, and increased by $32.8
million, or 46%, for the three months and year ended December 31,
2013 compared to the three months and year ended December 31, 2012.
Following is a summary of the changes in net operating revenue by
property or category for the three months and year ended December 31,
2013 compared to the three months and year ended December 31, 2012:

| | |
| |Net Operating Revenue |
| |For the Three Months |For the Year |
| |Ended December 31, |Ended December 31, |
| |2013/2012 |2013/2012 |
|Amounts in millions|Change |% Change |Change |% Change |
|Century Casino & |$0.0 |(1%) |$0.7 |3% |
|Hotel, Edmonton | | | | |
|Century Casino, |(0.4) |(19%) |(1.4) |(14%) |
|Calgary | | | | |
|Century Casino & |(0.4) |(9%) |(1.1) |(6%) |
|Hotel, Central City| | | | |
|Century Casino & |(0.1) |(3%) |(0.1) |(1%) |
|Hotel, Cripple | | | | |
|Creek | | | | |
|Casinos Poland |12.8 |100% |34.8 |100% |
|Cruise Ships & | | | | |
|Other |(0.2) |(10%) |0.1 |(1%) |
|United Horsemen of | | | | |
|Alberta |0.0 |100% |0.0 |100% |
|Total |$11.7 |66% |$32.8 |46% |

Earnings from operations decreased by ($0.9) million, or (102%), and decreased
by ($0.3) million, or (5%) for the three months and year ended December 31, 2013
compared to the three months and year ended December 31, 2012. Following is a
summary of the changes in earnings from operations by property or category for
the three months and year ended December 31, 2013 compared to the three months
and year ended December 31, 2012:

| | |
| |Earnings from Operations |
| |For the Three Months |For the Year |
| |Ended December 31, |Ended December 31, |
| |2013/2012 |2013/2012 |
|Amounts in |Change |% Change |Change |% Change |
|millions | | | | |
|Century Casino & |$0.0 |2% |$0.9 |14% |
|Hotel, Edmonton | | | | |
|Century Casino, |(0.1) |(77%) |0.4 |66% |
|Calgary | | | | |
|Century Casino & |(0.1) |(27%) |(0.5) |(22%) |
|Hotel, Central | | | | |
|City | | | | |
|Century Casino & |0.0 |(125%) |0.2 |18% |
|Hotel, Cripple | | | | |
|Creek | | | | |
|Casinos Poland |(0.2) |(100%) |0.3 |100% |
|Cruise Ships & |0.1 |109% |0.1 |14% |
|Other | | | | |
|United Horsemen of|0.1 |100% |0.1 |100% |
|Alberta | | | | |
|Corporate Other |(0.7) |(53%) |(1.8) |(37%) |
|Total |($0.9) |(102%) |($0.3) |(5%) |

Net earnings (loss) decreased by ($0.8) million, or (134%), and
increased by $2.1 million, or 51% for the three months and year ended
December 31, 2013 compared to the three months and year ended
December 31, 2012. Following is a summary of the changes in net
earnings (loss) by property or category for the three months and year
ended December 31, 2013 compared to the three months and year ended
December 31, 2012:

| | |
| |Net Earnings |
| |For the Three Months |For the Year |
| |Ended December 31, |Ended December 31, |
| |2013/2012 |2013/2012 |
|Amounts in millions|Change |% Change |Change |% Change |
|Century Casino & |$0.0 |(2%) |$1.0 |22% |
|Hotel, Edmonton | | | | |
|Century Casino, |0.0 |36% |$0.5 |94% |
|Calgary | | | | |
|Century Casino & |(0.1) |(27%) |(0.3) |(22%) |
|Hotel, Central City| | | | |
|Century Casino & |0.0 |(171%) |0.1 |18% |
|Hotel, Cripple | | | | |
|Creek | | | | |
|Casinos Poland |(0.4) |(100%) |0.0 |100% |
|Cruise Ships & |0.1 |137% |0.1 |12% |
|Other | | | | |
|United Horsemen of |0.0 |(100%) |0.0 |(100%) |
|Alberta | | | | |
|Corporate Other |(0.4) |(40%) |0.7 |24% |
|Total |($0.8) |(134%) |$2.1 |51% |

Items deducted from or added to earnings from operations to arrive at net
earnings include gain on business combination related to the acquisition of the
additional ownership interests in CPL and UHA, interest income, interest
expense, gains on foreign currency transactions, income tax expense and
non-controlling interest.

Property and Category Results (in thousands)

The following are property and category results for net operating revenue and
Adjusted EBITDA.

| |Net Operating |Adjusted |Net Operating |Adjusted
| |Revenue |EBITDA |Revenue |EBITDA
| |For the Three |For the Three |For the |For the
| |Months |Months |Year |Year
| |Ended December |Ended December |Ended December |Ended Dec
| |31, |31, |31, |31,
| |2013 |2012 |2013 |2012 |2013 |2012 |2013 |2012
|Century Casino&| | | | | | | |
|Hotel, Edmonton|$6,462 |$6,499 |$2,161 |$2,141 |$25,217|$24,536|$8,926|$7,959
|Century Casino,| | | | | | | |
|Calgary |2,115 |2,594 |96 |159 |8,507 |9,929 |706 |228
|Century Casino&| | | | | | | |
|Hotel, Central | | | | | | | |
|City |3,957 |4,354 |571 |714 |17,374 |18,501 |3,239 |3,875
|Century Casino&| | | | | | | |
|Hotel, Cripple | | | | | | | |
|Creek |2,446 |2,524 |260 |261 |11,819 |11,931 |2,604 |2,385
|Casinos Poland |12,831 |0 |872 |0 |34,817 |0 |2,749 |0
|Cruise Ships & | | | | | | | |
|Other |1,587 |1,766 |200 |157 |6,827 |6,923 |997 |929
|United Horsemen| | | | | | | |
|of Alberta |25 |0 |6 |0 |25 |0 |6 |0
|Corporate |1 |8 |(1,977)|(1,309)|2 |8 |(6,591)|(4,813
|Consolidated |$28,424|$17,745|$2,189 |$2,123 |$104,588|$54,082|$12,636|10,563

Balance Sheet and Liquidity
As of December 31, 2013, the Company had $27.4 million in cash and cash
equivalents and $34.1 million in outstanding debt on its balance sheet compared
to $24.8 million in cash and cash equivalents and $3.6 million in debt
obligations at December 31, 2012. The $34.1 million in outstanding debt includes
$6.5 million in outstanding debt related to CPL, $18.3 million in outstanding
debt related to a long-term land lease of UHA and $9.3 million in outstanding
debt related to our Bank of Montreal credit agreement as of December 31, 2013.
On February 21, 2013, the Company borrowed $7.2 million from its Bank of
Montreal credit agreement to pay for the additional 33.3% investment in CPL,
which closed on April 8, 2013. The Bank of Montreal credit agreement has a term
of five years and is guaranteed by the Company. Once repaid, amounts cannot be
reborrowed. As of December 31, 2013, the Company had approximately $16.0 million
available for borrowing under the Bank of Montreal credit agreement.

Conference Call Information

Today the Company will post a copy of the annual report on Form 10-K filed with
the SEC for the year ended December 31, 2013 on its website at
http://corporate.cnty.com/investor-relations/sec-filings.

Century Casinos will host its fourth quarter 2013 earnings conference call today
at 8:00 am MDT; 4:00 pm CET, respectively. U.S. domestic participants should
dial 1-888-299-7212. For all other international participants, please use
719-234-0008 to dial-in. Participants may also listen to the call live or obtain
a recording of the call on the Company's website until April 11, 2014 at
http://corporate.cnty.com/investor-relations/sec-filings.

(continued)
CENTURY CASINOS, INC. AND SUBSIDIARIES
FINANCIAL INFORMATION - US GAAP BASIS

| | | |
| | | |
| |For the Three |For the |
| |Months |Year |
| |Ended December |Ended December |
| |31, |31, |
|Amounts in thousands, except for |2013 |2012 |2013 |2012 |
|per share information | | | | |
|Operating revenue: | | | | |
|Net operating revenue |29,424 |17,745 |104,588 |71,828 |
|Operating costs and expenses: | | | | |
|Total operating costs and expenses |29,433 |16,896 |98,970 |66,478 |
|Earnings from equity investment |(7) |45 |(135) |426 |
|Earnings from operations |(16) |894 | 5,483 | 5,776 |
|Non-operating income (expense): | | | | |
|Gain on business combination |404 |0 | 2,478 |0 |
| Interest income |55 |1 |73 |37 |
| Interest expense | (433) | (70) | (983) | (670) |
| Gains on foreign currency | | | | |
|transactions and other | 84 | (5) | 318 |(24) |
|Non-operating income (expense), net| 110 | (74) | 1,886 | (657) |
|Earnings before income taxes and | 94 | 820 | 7,369 | 5,119 |
|non-controlling interest | | | | |
|Income tax provision | 609 | 196 | 1,294 |1,028 |
|Net (loss) earnings | (515) | 624 | 6,075 | 4,091 |
|Less: Net earnings attributable to | (304) |0 | 106 |0 |
|non-controlling interest | | | | |
|Net earnings attributable to |($211) |$624 |$6,181 |$4,091 |
|Century Casinos, Inc. shareholders | | | | |
| | | | | |
|Earnings per share attributable to | | | | |
|Century Casinos, Inc.: | | | | |
| Basic |($0.01) |$0.03 |$0.26 |$0.17 |
| Diluted |($0.01) |$0.03 |$0.26 |$0.17 |

CENTURY CASINOS, INC. AND SUBSIDIARIES

FINANCIAL INFORMATION - US GAAP BASIS

| | | |
|Century Casinos, Inc. | | |
|Condensed Consolidated Balance Sheets | | |
|(Amounts in thousands) | | |
| |December |December |
| |31, |31, |
| |2013 |2012 |
|Assets | | |
|Current assets |$32,360 |$26,535 |
|Property and equipment, net |132,639 |99,526 |
|Other assets |25,625 |11,275 |
|Total assets |$190,624 |$137,336 |
| | | |
|Liabilities and Shareholders' Equity | | |
|Current liabilities |$26,801 |$13,071 |
|Non-current liabilities |34,373 |6,109 |
|Shareholders' equity |129,450 |118,156 |
|Total liabilities and shareholders' equity |$190,642 |$137,336 |

CENTURY CASINOS, INC. AND SUBSIDIARIES

SUPPLEMENTAL INFORMATION

Century Casinos, Inc.
Adjusted EBITDA Margins * by Property or Category (Unaudited)

| | | | | |
| |For the Three Months|For the Year |
| |Ended December 31, |Ended December 31,|
| |2013 |2012 |2013 |2012 |
|Century Casino & Hotel, | | | | |
|Edmonton |33% |33% |35% |32% |
|Century Casino, Calgary |5% |6% |8% |2% |
|Century Casino & Hotel, | | | | |
|Central City |14% |16% |19% |21% |
|Century Casino & Hotel, | | | | |
|Cripple Creek |11% |10% |22% |20% |
|Casinos Poland |7% |0% |8% |0% |
|Cruise Ships & Other |13% |9% |15% |13% |
|United Horsemen of Alberta |24% |0% |24% |0% |
|Consolidated Adjusted EBITDA | | | | |
|Margin |7% |12% |12% |15% |

Reconciliation of Adjusted EBITDA * to Net Earnings (Loss) by
Property or Category For the three months ended December 31, 2013

Amounts in thousands

| |Three Months Ended December 31, 2013 |
| |Edmon-|Cal- |Cent-|Crip-|Casinos|Cruise|United|Corpor |Total |
| |ton |gary |ral |ple |Poland |Ships&|Horse-|ate | |
| | | |City |Creek| |Other |men of| | |
| | | | | | | |Albert| | |
|Net | | | | | | | | | |
|earnings | | | | | | | | | |
|(loss) |$1,385|($29) |$173 |($5) |($386) |$71 |($2) |($1,418)|($211)|
|Interest | | | | | | | | | |
|income |(16) |0 |0 |0 |(8) |0 |0 |(31) |(55) |
|Interest | | | | | | | | | |
|expense |104 |0 |0 |(1) |158 |0 |171 |1 |433 |
|Income | | | | | | | | | |
|taxes | | | | | | | | | |
|(benefit) |445 |(98) |106 |(3) |332 |23 |6 |(202) |609 |
|Depreciation| | | | | | | | | |
|and | | | | | | | | | |
|amortization|253 |229 |292 |240 |784 |100 |0 |30 |1,928 |
|Non- | | | | | | | | | |
|controlling | | | | | | | | | |
|interest |0 |0 |0 |0 |(192) |0 |(112) |0 |(304) |
|Non-cash | | | | | | | | | |
|stock based | | | | | | | | | |
|compensation|0 |0 |0 |0 |0 |0 |0 |22 |22 |
|Foreign | | | | | | | | | |
|currency | | | | | | | | | |
|losses | | | | | | | | | |
|(gains) |(13) |(6) |0 |0 |(66) |0 |0 |1 |(84) |
|(Gain) loss | | | | | | | | | |
|on | | | | | | | | | |
|disposition | | | | | | | | | |
|of fixed | | | | | | | | | |
|assets |3 |0 |0 |29 |242 |6 |0 |24 |304 |
|(Gain) on | | | | | | | | | |
|business | | | | | | | | | |
|combination |0 |0 |0 |0 |0 |0 |0 |(404) |(404) |
|Impairments | | | | | | | | | |
|and other | | | | | | | | | |
|write-offs |0 |0 |0 |0 |8 |0 |(57) |0 |(49) |
|Adjusted | | | | | | | | | |
|EBITDA* |$2,161|$96 |$571 |$260 |$872 |$200 |$6 |($1,977)|$2,189|

Century Casinos, Inc.
Reconciliation of Adjusted EBITDA * to Net Earnings (Loss) by Property or
Category
For the three months ended December 31, 2012

Amounts in thousands

Three Months Ended December , 2012
Cruise
Central Cripple Ships &
Edmonton Calgary City Creek Other Corporate Total
Net earnings
(loss) $1,407 ($45) $236 $7 $30 ($1,011) $624
Interest
income 0 0 0 0 0 (1) (1)
Interest
expense 57 0 0 0 11 2 70
Income taxes
(benefit) 417 (35) 145 5 5 (341) 196
Depreciation 264 230 329 247 113 38 1,221
Non-cash
stock based
compensation 0 0 0 0 0 (4) (4)
Foreign
currency
losses
(gains) (4) 5 0 0 (1) 5
(Gain) loss
on
disposition
of fixed
assets 0 4 4 2 (1) 1 10
Other write-
offs 0 0 0 0 0 2 2
Adjusted
EBITDA** $2,141 $159 $714 $261 $157 ($1,309) $2,123

Reconciliation of Adjusted EBITDA * to Net Earnings (Loss) by Property or
Category
For the year ended December 31, 2013

Amounts in thousands

| |Year Ended December 31, 2013 |
| |Edmon-|Cal- |Cent-|Crip-|Casinos|Cruise|United|Corpor |Total |
| |ton |gary |ral |ple |Poland |Ships&|Horse-|ate | |
| | | |City |Creek| |Other |men of| | |
| | | | | | | |Albert| | |
|Net | | | | | | | | | |
|earnings | | | | | | | | | |
|(loss) |$5,703|(31) |1,225|1,004|12 |504 |(2) |(2,234) |6,181 |
|Interest | | | | | | | | | |
|income |(16) |0 |0 |0 |(10) |0 |0 |(47) |(73) |
|Interest | | | | | | | | | |
|expense |429 |0 |0 |0 |384 |(3) |171 |2 |983 |
|Income | | | | | | | | | |
|taxes | | | | | | | | | |
|(benefit) |1,809 |(172) |750 |615 |145 |81 |6 |(1,940) |1,294 |
|Depreciation| | | | | | | | | |
|and | | | | | | | | | |
|amortization|1,028 |920 |1,269|956 |1,903 |402 |0 |121 |6,599 |
|Non- | | | | | | | | | |
|controlling | | | | | | | | | |
|interest |0 |0 |0 |0 |6 |0 |(112) |0 |(106) |
|Non-cash | | | | | | | | | |
|stock based | | | | | | | | | |
|compensation|0 |0 |0 |0 |0 |0 |0 |33 |33 |
|Foreign | | | | | | | | | |
|currency | | | | | | | | | |
|losses | | | | | | | | | |
|(gains) |(30) |(11) |0 |0 |(204) |(1) |0 |(72) |(318) |
|(Gain) loss | | | | | | | | | |
|on | | | | | | | | | |
|disposition | | | | | | | | | |
|of fixed | | | | | | | | | |
|assets |3 |0 |(5) |29 |505 |14 |0 |24 |570 |
|(Gain) on | | | | | | | | | |
|business | | | | | | | | | |
|combination |0 |0 |0 |0 |0 |0 |0 |(2,478) |(2,478)
|Impairments | | | | | | | | | |
|and other | | | | | | | | | |
|write-offs |0 |0 |0 |0 |8 |0 |(57) |0 |(49) |
|Adjusted | | | | | | | | | |
|EBITDA* |$8,926|706 |3,239|2,604|2,749 |997 |6 |(6,591) |12,636|

Century Casinos, Inc.
Reconciliation of Adjusted EBITDA * to Net Earnings (Loss) by Property or
Category
For the year ended December 31, 2012

Amounts in thousands

Year Ended December 31, 2012
Cruise
Central Cripple Ships &
Edmonton Calgary City Creek Other Corporate Total
Net earnings
(loss) $4,688 ($527) $1,561 $854 $450 ($2,935) $4,091
Interest
income (12) (1) 0 0 0 (24) (37)
Interest
expense 656 0 0 0 11 3 670
Income taxes
(benefit) 1,595 (117) 956 522 49 (1,977) 1,028
Depreciation 1,010 860 1,350 1,007 404 126 4,757
Non-cash
stock based

compensation 0 0 0 0 0
(4) (4) Foreign currency (gains)

losses 20 9 0 0 0 (5) 24
(Gain) loss
on
disposition
of fixed
assets 2 4 8 2 15 1 32
Other write-
offs 0 0 0 0 0 2 2
Adjusted

EBITDA** $7,959 $228 $3,875 $2,385 $929
($4,813) $10,563

* The Company defines Adjusted EBITDA as net earnings (loss) before
interest, income taxes (benefit), depreciation, amortization,
pre-opening expenses, non-cash stock based compensation charges,
asset impairment costs, (gains) losses on disposition of fixed
assets, discontinued operations, realized foreign currency (gains)
losses, gain on business combination and certain other one-time
items. Intercompany transactions consisting primarily of management
and royalty fees and interest, along with their related tax effects,
are excluded from the presentation of net earnings and Adjusted
EBITDA reported for each property. Not all of the aforementioned
items occur in each reporting period, but have been included in the
definition based on historical activity. These adjustments have no
effect on the consolidated results as reported under accounting
principles generally accepted in the United States of America ("US
GAAP"). Adjusted EBITDA is not considered a measure of performance
recognized under US GAAP. Management believes that Adjusted EBITDA is
a valuable measure of the relative performance of the Company and its
properties. The gaming industry commonly uses Adjusted EBITDA as a
method of arriving at the economic value of a casino operation.
Management uses Adjusted EBITDA to compare the relative operating
performance of separate operating units by eliminating the above
mentioned items associated with the varying levels of capital
expenditures for infrastructure required to generate revenue, and the
often high cost of acquiring existing operations. EBITDA (Earnings
before interest, taxes, depreciation and amortization) is used by the
Company's lending institution to gauge operating performance. The
Company's computation of Adjusted EBITDA may be different from, and
therefore may not be comparable to, similar measures used by other
companies within the gaming industry. Please see the reconciliation
of Adjusted EBITDA to net earnings (loss) above.

** The Company defines Adjusted EBITDA margin as Adjusted EBITDA
divided by net operating revenue. Management uses this margin as one
of several measures to evaluate the efficiency of the Company's
casino operations.

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. The Company is currently developing a project in
the north metropolitan area of Calgary, Alberta, Canada that will
include a horse race track and other gaming, restaurant and
entertainment facilities. 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 future results of operations
(including results for Casinos Poland, Ltd.), operating efficiencies,
synergies and operational performance, development of and the
prospects for the REC project, debt repayment 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, 2013. 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.

Attachments with Announcement:
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http://resources.euroadhoc.com/us/h326vHAz
http://resources.euroadhoc.com/us/WvPt39Ak

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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Attachments with Announcement:
----------------------------------------------
http://resources.euroadhoc.com/us/h326vHAz
http://resources.euroadhoc.com/us/WvPt39Ak

issuer: 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