|
COLORADO SPRINGS, Colorado, September 6, 2007 - Century Casinos, Inc. (NASDAQ and Vienna Stock Exchange: CNTY) announced today that Century Casinos' resort hotel in Newcastle, South Africa, has been awarded a four star grading for hotels from the Tourism Grading Council of South Africa ("TGCSA"), the country's only rating agency.
The Century Casino resort in Newcastle, opened in December 2006, is an attractive Tuscan style building which blends into the beautiful landscape of Kwazulu-Natal province. The hotel features 24 standard rooms, 14 deluxe rooms and two suites. Despite the traditionally weaker winter season in South Africa, hotel occupancy was at 60% in August 2007.
Furthermore, the Newcastle casino resort offers its guests 250 slot machines, six gaming tables, a restaurant and a food court, a bar, conferencing facilities, as well as a modern spa center operated by Shen Spa.
About Century Casinos, Inc.:
Century Casinos, Inc. is an international casino entertainment company that owns and operates the Womacks Casino and Hotel in Cripple Creek, Colorado, the Century Casino & Hotel in Edmonton, Alberta, Canada; operates the casinos aboard the Silver Cloud, The World of ResidenSea, and the vessels of Oceania Cruises; owns a 65% interest in, and has a management contract for, Century Casino & Hotel in Central City, Colorado. Through its subsidiary Century Casinos Africa (Pty) Limited, it owns and operates The Caledon Hotel, Spa & Casino near Cape Town, South Africa, as well as 60% of, and provides technical casino services to, Century Casino Newcastle, in Newcastle, South Africa. Furthermore, the Company's Austrian subsidiary, Century Casinos Europe GmbH, owns and operates the Century Casino Millennium in the Marriott Hotel in Prague, Czech Republic, and holds a 33.3% ownership interest in Casinos Poland Ltd, the owner and operator of seven casinos and one slot arcade in Poland. The Company continues to pursue other international projects in various stages of development.
For more information about Century Casinos, visit our new 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 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 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 filed on March 16, 2007. 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.
<- Zurück zu: Start
|
