|
COLORADO SPRINGS, Colorado, April 4, 2008 – Century Casinos, Inc. (NASDAQ Capital Market® and Vienna Stock Exchange: CNTY) announced today that the company has appointed Paul Campbell as new Managing Director of its South African subsidiary Century Casinos Africa (Pty) Ltd. starting with April 1, 2008.
As Managing Director of Century Casinos Africa, Paul Campbell, who has been working as General Manager of The Caledon Hotel, Spa and Casino for two years, will be responsible for the management of Century Casinos’ South African operations comprising The Caledon Hotel, Spa and Casino, Century Casino Newcastle and the food & beverage company Celebrations.
Besides his role as General Manager of Century Casinos Caledon, Paul Campbell has more than 16 years experience in the gaming and entertainment industry, where he mainly held Management and Senior Management positions such as Director of Slots for Storm International in Moscow or Deputy Slots Manager for GrandWest Casino & Entertainment World, Sun International, in Cape Town. Rossouw Lubbe, who joined Century Casinos Africa as Managing Director in July last year, will shift his focus from operations to strategic compliance matters, corporate governance and Broad Based Black Economic Empowerment for the South African operations.
“This decision is a result of growing dynamic operations in South Africa and will ensure that our approach to strategic decision making and corporate governance as well as our commitment to Broad Based Black Economic Empowerment will be augmented to an even higher level”, said Erwin Haitzmann and Peter Hoetzinger, Co CEOs of Century Casinos, Inc.
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 Central City, Colorado, the Century Casino & Hotel in Edmonton, Alberta, Canada, and the Century Casino Millennium in the Marriott Hotel in Prague, Czech Republic. The Company also operates casinos aboard the Silver Cloud, The World of ResidenSea, and the vessels of Oceania Cruises. 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, holds a 33.3% ownership interest in Casinos Poland Ltd, the owner and operator of seven full casinos and one slot casino in Poland. The Company 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® 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.
<- Back to: Start
|
