EANS-News: Century Casinos awarded license to operate off-track horse betting network throughout Southern Alberta, Canada

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Company Information

Colorado Springs, Colorado, December 2nd, 2014 - Century Casinos,
Inc. (NASDAQ Capital Market®: CNTY) announced today that a 75%-owned
subsidiary has been selected by Horse Racing Alberta ("HRA") to
operate the pari-mutuel off-track horse betting network in Southern
Alberta starting in 2015.

HRA invited applicants to submit their proposals to operate the
off-track betting network in Alberta. After a thorough selection
process, Century Casinos, together with its 25%-partner with
long-standing off-track betting network experience, was awarded the
license to operate the off-track betting network in Southern Alberta,
which includes Red Deer, Calgary, Lethbridge, Medicine Hat and the
rural OTBs in this area. HRA awarded a second license to Northlands
Park out of Edmonton, who will run the OTB network in Northern
Alberta.

"This license will enable us to professionally develop and operate
off-track betting offerings throughout Southern Alberta" Erwin
Haitzmann and Peter Hoetzinger, the company's Co CEOs said. "It is an
exciting time in the pari-mutuel industry with various new
technologies that will assist in growing and servicing the Alberta
off-track betting network", they continued.

HRA is a not-for-profit corporation, which reports to the Ministry of
Finance and Agriculture & Rural Development and is responsible for
regulating the horse racing industry in Alberta by authority of the
Horse Racing Alberta Act.

About Century Casinos, Inc.: Century Casinos, Inc. is an
international casino entertainment company that operates 30 casinos
worldwide. The Company 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 15 luxury cruise vessels
(Regatta, Nautica, Insignia, Marina, Riviera, Mein Schiff 1, Mein
Schiff 2, Mein Schiff 3, Wind Surf, Wind Star, Wind Spirit, Star
Pride, Seven Seas Voyager, Seven Seas Mariner and Seven Seas
Navigator) and the casino on the cruise ferry Nova Star. 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. Also through its Austrian subsidiary, the
Company purchased a 7.5% interest in Mendoza Central Entretenimientos
S.A. ("MCE"), which currently leases approx. 600 slot machines to
Casino de Mendoza, Argentina. The Company and MCE have entered into a
consulting service agreement, pursuant to which the Company will
provide advice to MCE on casino matters. 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® under the symbol CNTY.

This release may contain "forward-looking statements" within the
meaning of Section 27A of the Securities 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.

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: -
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language: English