Sector: Consumer Cyclicals | Industry: Casinos & Gaming |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 455 E. Pikes Peak Ave, Suite 210 COLORADO SPRINGS CO 80903 |
Tel: | 1-719-6895813 |
Website: | https://www.cnty.com |
IR: | See website |
Key People | ||
Erwin Haitzmann Chairman of the Board, Co-Chief Executive Officer | Peter Hoetzinger President, Co-Chief Executive Officer, Vice Chairman of the Board | Margaret Stapleton Chief Financial Officer, Corporate Secretary |
Nikolaus Strohriegel Executive Vice President, Managing Director of Century Resorts Management GmbH | Andreas Terler Executive Vice President, Managing Director of Century Resorts Management GmbH | Geoff Smith Senior Vice President, Operations - Alberta | Timothy Wright Chief Accounting Officer, Corporate Controller |
Business Overview |
Century Casinos, Inc. is a casino entertainment company. The Company operates gaming establishments, as well as related lodging, restaurants, horse racing, (including off-track betting) and entertainment facilities primarily in North America. The Company's operating segments in the United States, include East, the Mountaineer Casino, Resort & Races in New Cumberland, West Virginia and Rocky Gap Casino, Resort & Golf in Flintstone, Maryland; Midwest, the Century Casinos in Cape Girardeau and Caruthersville, Missouri, and Century Casino & Hotels in Cripple Creek and Central City, Colorado; and West, the Nugget Casino Resort, in Reno/Sparks, Nevada. In 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 approximately eight casinos through the Company's subsidiary Casinos Poland Ltd. |
Financial Overview |
For the fiscal year ended 31 December 2023, Century Casinos, Inc. revenues increased 28% to $550.2M. Net loss totaled $28.2M vs. income of $8M. Revenues reflect Gaming segment increase of 13% to $412.4M, Hotel Revenue segment increase from $9.6M to $42.3M, United States segment increase of 42% to $380.6M, Poland segment increase of 4% to $94.1M. Net loss reflects General and administrative increase of 33% to $140.5M (expense). |
Employees: | 3,243 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $908.33M as of Dec 31, 2023 |
Annual revenue (TTM): | $550.21M as of Dec 31, 2023 |
EBITDA (TTM): | $107.42M as of Dec 31, 2023 |
Net annual income (TTM): | -$28.20M as of Dec 31, 2023 |
Free cash flow (TTM): | -$35.57M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $819.99M as of Dec 31, 2023 |
Shares outstanding: | 30,359,931 as of Mar 8, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |