Century Casinos Enters into Definitive Agreement to Sell Land and Building in Calgary
Retrieved on:
Thursday, January 13, 2022
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On December 1, 2020, CRA sold the casino operations of Century Casino Calgary located on the property and leased the portion of the property containing the casino premises to the purchaser.
Key Points:
- On December 1, 2020, CRA sold the casino operations of Century Casino Calgary located on the property and leased the portion of the property containing the casino premises to the purchaser.
- CRA continues to operate Century Sports, a sports bar, bowling and entertainment facility located on a portion of the property.
- Upon closing, CRA will stop operating Century Sports and will transfer the lease agreement for the casino premises to the Buyer.
- These statements are based on the beliefs and assumptions of the management of Century Casinos based on information currently available to management.