Century Casinos

Century Casinos Announces Dates of Fourth Quarter and Year-End 2023 Earnings Release and Conference Call

Retrieved on: 
Thursday, March 7, 2024

COLORADO SPRINGS, Colo., March 7, 2024 /PRNewswire/ -- Century Casinos, Inc. (Nasdaq Capital Market®: CNTY) announced today that the Company will release its earnings for the fourth quarter and year-end of 2023 on Thursday, March 14, 2024.

Key Points: 
  • COLORADO SPRINGS, Colo., March 7, 2024 /PRNewswire/ -- Century Casinos, Inc. (Nasdaq Capital Market®: CNTY) announced today that the Company will release its earnings for the fourth quarter and year-end of 2023 on Thursday, March 14, 2024.
  • On Thursday, March 14, 2024, Century Casinos will host its Q4 2023 Earnings Conference Call at 8:00 am MDT (10:00 am EDT).
  • US domestic and Canadian participants please dial 1-800-343-5172 all other international participants please use +1 203-518-9814 to dial in.
  • The conference ID is 'Casinos'.

Century Casinos Announces Dates of Fourth Quarter and Year-End 2023 Earnings Release and Conference Call

Retrieved on: 
Thursday, March 7, 2024

COLORADO SPRINGS, Colo., March 7, 2024 /PRNewswire/ -- Century Casinos, Inc. (Nasdaq Capital Market®: CNTY) announced today that the Company will release its earnings for the fourth quarter and year-end of 2023 on Thursday, March 14, 2024.

Key Points: 
  • COLORADO SPRINGS, Colo., March 7, 2024 /PRNewswire/ -- Century Casinos, Inc. (Nasdaq Capital Market®: CNTY) announced today that the Company will release its earnings for the fourth quarter and year-end of 2023 on Thursday, March 14, 2024.
  • On Thursday, March 14, 2024, Century Casinos will host its Q4 2023 Earnings Conference Call at 8:00 am MDT (10:00 am EDT).
  • US domestic and Canadian participants please dial 1-800-343-5172 all other international participants please use +1 203-518-9814 to dial in.
  • The conference ID is 'Casinos'.

Century Casinos, Inc. Announces Preliminary Fourth Quarter 2023 Financial Results and Operational Updates

Retrieved on: 
Thursday, February 8, 2024

COLORADO SPRINGS, Colo., Feb. 8, 2024 /PRNewswire/ -- Century Casinos, Inc. (the "Company", "we", "us", or "our") (Nasdaq Capital Market®: CNTY) provided preliminary financial results for its fiscal fourth quarter ended December 31, 2023 and an update on the Company's projects.

Key Points: 
  • COLORADO SPRINGS, Colo., Feb. 8, 2024 /PRNewswire/ -- Century Casinos, Inc. (the "Company", "we", "us", or "our") (Nasdaq Capital Market®: CNTY) provided preliminary financial results for its fiscal fourth quarter ended December 31, 2023 and an update on the Company's projects.
  • With respect to certain presented results, we have provided ranges, rather than specific amounts, because these results are preliminary estimates and subject to change.
  • Further, our preliminary estimated results are not necessarily indicative of the results to be expected for any future period.
  • A reconciliation of the estimated net loss attributable to Century Casinos, Inc. shareholders to estimated Adjusted EBITDAR is presented below.

Century Casinos, Inc. Announces Preliminary Fourth Quarter 2023 Financial Results and Operational Updates

Retrieved on: 
Thursday, February 8, 2024

COLORADO SPRINGS, Colo., Feb. 8, 2024 /PRNewswire/ -- Century Casinos, Inc. (the "Company", "we", "us", or "our") (Nasdaq Capital Market®: CNTY) provided preliminary financial results for its fiscal fourth quarter ended December 31, 2023 and an update on the Company's projects.

Key Points: 
  • COLORADO SPRINGS, Colo., Feb. 8, 2024 /PRNewswire/ -- Century Casinos, Inc. (the "Company", "we", "us", or "our") (Nasdaq Capital Market®: CNTY) provided preliminary financial results for its fiscal fourth quarter ended December 31, 2023 and an update on the Company's projects.
  • With respect to certain presented results, we have provided ranges, rather than specific amounts, because these results are preliminary estimates and subject to change.
  • Further, our preliminary estimated results are not necessarily indicative of the results to be expected for any future period.
  • A reconciliation of the estimated net loss attributable to Century Casinos, Inc. shareholders to estimated Adjusted EBITDAR is presented below.

Century Casinos Announces Dates of Third Quarter 2023 Earnings Release and Conference Call

Retrieved on: 
Thursday, November 2, 2023

COLORADO SPRINGS, Colo., Nov. 2, 2023 /PRNewswire/ -- Century Casinos, Inc. (Nasdaq Capital Market®: CNTY) announced today that the Company will release its earnings for the third quarter of 2023 on Thursday, November 9, 2023.

Key Points: 
  • COLORADO SPRINGS, Colo., Nov. 2, 2023 /PRNewswire/ -- Century Casinos, Inc. (Nasdaq Capital Market®: CNTY) announced today that the Company will release its earnings for the third quarter of 2023 on Thursday, November 9, 2023.
  • On Thursday, November 9, 2023, Century Casinos will host its Q3 2023 Earnings Conference Call at 8:00 am MST (10:00 am EST).
  • US domestic and Canadian participants please dial 800-343-5172 all other international participants please use +1 203-518-9843 to dial in.
  • The conference ID is 'Casinos'.

Century Casinos Announces Dates of Third Quarter 2023 Earnings Release and Conference Call

Retrieved on: 
Thursday, November 2, 2023

COLORADO SPRINGS, Colo., Nov. 2, 2023 /PRNewswire/ -- Century Casinos, Inc. (Nasdaq Capital Market®: CNTY) announced today that the Company will release its earnings for the third quarter of 2023 on Thursday, November 9, 2023.

Key Points: 
  • COLORADO SPRINGS, Colo., Nov. 2, 2023 /PRNewswire/ -- Century Casinos, Inc. (Nasdaq Capital Market®: CNTY) announced today that the Company will release its earnings for the third quarter of 2023 on Thursday, November 9, 2023.
  • On Thursday, November 9, 2023, Century Casinos will host its Q3 2023 Earnings Conference Call at 8:00 am MST (10:00 am EST).
  • US domestic and Canadian participants please dial 800-343-5172 all other international participants please use +1 203-518-9843 to dial in.
  • The conference ID is 'Casinos'.

VICI Properties Inc. Announces Third Quarter 2023 Results

Retrieved on: 
Wednesday, October 25, 2023

VICI Properties Inc. (NYSE: VICI) (“VICI Properties” or the “Company”), an experiential real estate investment trust, today reported results for the quarter ended September 30, 2023.

Key Points: 
  • VICI Properties Inc. (NYSE: VICI) (“VICI Properties” or the “Company”), an experiential real estate investment trust, today reported results for the quarter ended September 30, 2023.
  • Total revenues for the quarter included $131.3 million of non-cash leasing and financing adjustments and $18.2 million of other income.
  • AFFO attributable to common stockholders was $547.6 million for the quarter, an increase of 16.4% compared to $470.7 million for the quarter ended September 30, 2022.
  • AFFO per share was $0.54 for the quarter, an increase of 10.7% compared to $0.49 for the quarter ended September 30, 2022.

VICI Properties Inc. Completes Acquisition of Four Properties in Alberta, Canada in Sale-Leaseback Transaction With Century Casinos, Inc.

Retrieved on: 
Wednesday, September 6, 2023

VICI Properties Inc. (NYSE: VICI) (“VICI Properties” or the “Company”) an experiential real estate investment trust, today announced it has completed the previously announced transaction to acquire the real estate assets of Century Casino & Hotel Edmonton, Century Casino St. Albert and Century Mile Racetrack and Casino, each in Edmonton, Alberta and Century Downs Racetrack and Casino in Calgary, Alberta, (collectively the “Century Canadian Portfolio”) from Century Casinos, Inc. (NASDAQ: CNTY) (“Century”) for an aggregate purchase price of C$221.7 million (US$162.4 million).

Key Points: 
  • VICI Properties Inc. (NYSE: VICI) (“VICI Properties” or the “Company”) an experiential real estate investment trust, today announced it has completed the previously announced transaction to acquire the real estate assets of Century Casino & Hotel Edmonton, Century Casino St. Albert and Century Mile Racetrack and Casino, each in Edmonton, Alberta and Century Downs Racetrack and Casino in Calgary, Alberta, (collectively the “Century Canadian Portfolio”) from Century Casinos, Inc. (NASDAQ: CNTY) (“Century”) for an aggregate purchase price of C$221.7 million (US$162.4 million).
  • The transaction was funded through a combination of proceeds from the partial settlement of forward equity sale agreements and from drawing down funds under the Company’s existing revolving credit facility in Canadian dollars.
  • Simultaneous with the closing of the transaction, the Century Canadian Portfolio was added to the existing triple-net master lease agreement between VICI Properties and Century (the “Century Master Lease”) and annualized rent increased by C$17.3 million (US$12.7 million).
  • The obligations of the tenants under the Century Master Lease continue to be guaranteed by Century Casinos, Inc.

Century Casinos, Inc. Completes Sale-Leaseback of Four Properties in Alberta, Canada

Retrieved on: 
Wednesday, September 6, 2023

COLORADO SPRINGS, Colo., Sept. 6, 2023 /PRNewswire/ -- Century Casinos, Inc. (Nasdaq Capital Market®: CNTY) ("Century Casinos" or the "Company") announced that it completed the sale of the real estate assets of Century Casino & Hotel Edmonton, Century Casino St. Albert and Century Mile Racetrack and Casino in Edmonton, Alberta and Century Downs Racetrack and Casino ("Century Downs") in Calgary, Alberta (collectively, the "Century Canadian Portfolio") to subsidiaries of VICI Properties Inc. (NYSE: VICI) ("VICI") for an aggregate purchase price of CAD 221.7 million (USD $162.4 million*) in cash. The Company retained approximately CAD 154.5 million (USD $113.2 million*) of the purchase price after giving effect to the purchase of the Century Downs land, selling expenses, Canadian and US taxes and proceeds to be paid to the minority owners of Century Downs.

Key Points: 
  • The Company retained approximately CAD 154.5 million (USD $113.2 million*) of the purchase price after giving effect to the purchase of the Century Downs land, selling expenses, Canadian and US taxes and proceeds to be paid to the minority owners of Century Downs.
  • The annual rent escalator related to the Century Canadian Portfolio is capped at 2.5%.
  • "We are pleased to extend our good partnership with VICI to our Canada portfolio," Erwin Haitzmann and Peter Hoetzinger, Co-Chief Executive Officers of Century Casinos, remarked.
  • "This transaction provides us with the ability to pay down our debt and with greater financial flexibility as we continue to grow," Haitzmann and Hoetzinger concluded.

Century Casinos, Inc. Completes Sale-Leaseback of Four Properties in Alberta, Canada

Retrieved on: 
Wednesday, September 6, 2023

COLORADO SPRINGS, Colo., Sept. 6, 2023 /PRNewswire/ -- Century Casinos, Inc. (Nasdaq Capital Market®: CNTY) ("Century Casinos" or the "Company") announced that it completed the sale of the real estate assets of Century Casino & Hotel Edmonton, Century Casino St. Albert and Century Mile Racetrack and Casino in Edmonton, Alberta and Century Downs Racetrack and Casino ("Century Downs") in Calgary, Alberta (collectively, the "Century Canadian Portfolio") to subsidiaries of VICI Properties Inc. (NYSE: VICI) ("VICI") for an aggregate purchase price of CAD 221.7 million (USD $162.4 million*) in cash. The Company retained approximately CAD 154.5 million (USD $113.2 million*) of the purchase price after giving effect to the purchase of the Century Downs land, selling expenses, Canadian and US taxes and proceeds to be paid to the minority owners of Century Downs.

Key Points: 
  • The Company retained approximately CAD 154.5 million (USD $113.2 million*) of the purchase price after giving effect to the purchase of the Century Downs land, selling expenses, Canadian and US taxes and proceeds to be paid to the minority owners of Century Downs.
  • The annual rent escalator related to the Century Canadian Portfolio is capped at 2.5%.
  • "We are pleased to extend our good partnership with VICI to our Canada portfolio," Erwin Haitzmann and Peter Hoetzinger, Co-Chief Executive Officers of Century Casinos, remarked.
  • "This transaction provides us with the ability to pay down our debt and with greater financial flexibility as we continue to grow," Haitzmann and Hoetzinger concluded.