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Colorado Springs, Colorado, May 25, 2009 - Century Casinos, Inc. (NASDAQ Capital Market® and Vienna Stock Exchange: CNTY) announced today that the company has opened the casino aboard the first cruise ship of TUI Cruises on May 23, 2009. This was also the first day of the maiden voyage of the luxurious four-star plus ship with a total of 962 cabins for over 1,900 passengers and 780 crew members. Besides an exquisite lounge and bar area, casino guests can enjoy 31 slot machines and five gambling tables offering American roulette, blackjack and poker.
"Mein Schiff" ("my ship"), which is the name of the vessel, was christened on May 15, 2009 in Hamburg, Germany, by Ina Müller, north German multi-talent and recipient of the German television price 2008 award. Aino Laos, British singer, composer and producer, dedicated the hymn "Ocean of Love" in a world premiere to the vessel. Guests of the christening event included Anna Netrebko, Udo Lindenberg, TUI Cruises CEO Richard Vogel as well as Century Casinos' Co CEOs Erwin Haitzmann and Peter Hoetzinger.
On November 24, 2008, Century Casinos, Inc. entered into an exclusive, long-term agreement with TUI Cruises GmbH, a joint venture between German tour operator TUI AG and the US shipping company Royal Caribbean Cruise Ltd., under which Century Casinos will operate the casinos on all cruise ships that TUI Cruises places into service before December 31, 2012. Three ships are planned to go into service until 2012.
Century Casinos has significant experience in the operation of casinos in the luxury cruise ship segment and currently manages the casinos aboard the Silver Cloud, a six-star cruise ship of Silversea Cruises, as well as the casinos on all vessels of Oceania Cruises. For further information about Century Casinos' operations on cruise ships please visit the company's website under http://www.cnty.com/casinos/century-casinos-cruise-ship-operations/cruise-ships/.
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, and the Century Casino & Hotel in Edmonton, Alberta, Canada. The Company also operates casinos aboard the Silver Cloud and the vessels of Oceania Cruises and has an agreement to operate the casinos on all vessels (estimated to be three) put into service by TUI Cruises before December 31, 2012. 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 include, but are not limited to, statements regarding the proceeds from and the closing of our sale of Century Casinos Africa, progress at and plans for our casinos and the impact of economic downturn. 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 sections entitled "Risk Factors" under Item 1A in our Annual Report on Form 10-K filed on March 16, 2009. 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.
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