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Century Casinos Announces The Riverview Opening in Cape Girardeau, MO and Updates on Construction Project in Caruthersville, MO
The Company is also constructing a new land-based casino with a 38 room hotel in Caruthersville, Missouri . The project continues to be on time and on budget with an estimated project cost of $51.9 million . Construction started in December 2022 with completion expected in the fourth quarter of 2024. The Company is funding this project through VICI Properties, Inc. ("VICI"). Following completion, VICI will own the real estate improvements associated with the Caruthersville project, which will become a part of the Company's triple net lease agreement with subsidiaries of VICI.
Peter Hoetzinger, President & Co CEO, will present on the Company and hold one-on-one meetings with selected institutional investors on Friday morning at the Company's Cape Girardeau location. The current presentation, which includes updated information and business forecasts for the Company and may be used in one or more meetings with current and potential investors from time to time, is available at the Company's website under https://www.cnty.com/investor/presentations/.
Century Casinos, Inc. is a casino entertainment company. In the United States the Company operates the following operating segments: (i) in the East, the Mountaineer Casino, Resort & Races in New Cumberland, West Virginia and Rocky Gap Casino, Resort & Golf in Flintstone, Maryland ; (ii) in the Midwest, the Century Casinos in Cape Girardeau and Caruthersville, Missouri , and Century Casino & Hotels in Cripple Creek and Central City, Colorado ; and (iii) in the West, the Nugget Casino Resort, in Reno / Sparks, Nevada . In Alberta, Canada the Company operates Century Casino & Hotel in Edmonton , the Century Casino in St. Albert , Century Mile Racetrack and Casino in Edmonton and Century Downs Racetrack and Casino in Calgary . In Poland , the Company operates seven casinos through its subsidiary Casinos Poland Ltd. The Company continues to pursue other projects in various stages of development.
Century Casinos' common stock trades on The Nasdaq Capital Market® under the symbol CNTY. For more information about Century Casinos, visit our website at www.cnty.com.
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