CNTY Century Casinos Inc

COLORADO SPRINGS, Colo., Jan. 16 /PRNewswire-FirstCall/ -- Century Casinos, Inc. (NASDAQ:CNTYNASDAQ:ViennaNASDAQ:StockNASDAQ:Exchange:NASDAQ:CNTY) announced today that the Company has extended the existing casino concession agreement for the operation of the casino onboard The World of ResidenSea for an unlimited period of time. Due to Century Casinos' experience in the luxury cruise ship segment and the Company's proven professional casino entertainment services to The World's discriminating guests since early 2002, The World of ResidenSea has agreed to prolong the successful cooperation with an open-end agreement. The World is a cruise ship that carries ultra luxury vacation residences to the four corners of the world, stopping for a night or two at ports around the globe. The strikingly beautiful ship -- elegant and intimate -- offers its residence owners and guests gracious and personal service in a warm, inviting ambiance much like that of a private yacht, seaside villa or exclusive country club. 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, and the Century Casino Millennium in the Marriott Hotel in Prague, Czech Republic; operates the casinos aboard the Silver Wind, 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, entered into an agreement to acquire a 33.3% ownership interest in Casinos Poland Ltd. The closing of this transaction is subject to due diligence. The Company continues to pursue other international projects in various stages of development. For more information about Century Casinos, visit our website at http://www.centurycasinos.com/. Century Casinos' common stock trades on The NASDAQ Capital Market(R) and the Vienna Stock Exchange under the symbol CNTY. This release may contain forward-looking statements that involve risks and uncertainties. Among the other important factors which could cause actual results to differ materially from those in the forward-looking statements are economic, competitive, and governmental factors affecting the Company's operations, markets, services and prices, as well as other factors detailed in the Company's filings with the Securities and Exchange Commission, including its recent filings on Forms 10-K, 10-Q, and 8-K. 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. DATASOURCE: Century Casinos, Inc. CONTACT: Peter Hoetzinger, Co CEO & President, +1-719-689-5813, +43-664-355-3935, , or Larry Hannappel, Senior Vice President, +1-719-229-6448, , both of Century Casinos, Inc. Web site: http://www.centurycasinos.com/

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