COLORADO SPRINGS, Colo.,
June 29 /PRNewswire-FirstCall/ --
Century Casinos, Inc. (Nasdaq and Vienna Stock Exchange: CNTY)
announced today that the company extended its exclusive and
long-term agreement with Oceania Cruises.
Oceania Cruises is the world's largest upper premium cruise line
with currently three intimate and luxurious 684-guest ships
(Regatta, Nautica and Insignia) in service to explore the world in
unequalled style and comfort. Two new 1,258-guest ships (Marina and
Riviera) are currently being built and are also part of the new
agreement.
Under the extended agreement, Century Casinos will operate the
casinos on all Oceania Cruises vessels until at least December 2016.
"We are delighted about the extension of our cooperation with
Oceania Cruises, one of the most prestigious and successful cruise
lines in the world. The growing number of our cruise ship casino
operations has developed into a strong and profitable business
segment for Century Casinos," said Erwin Haitzmann and Peter
Hoetzinger, Co CEOs of Century Casinos.
About Century Casinos, Inc.:
Century Casinos, Inc. is an international casino entertainment
company that owns and operates the Womacks Casino & Hotel in
Cripple Creek, Colorado, the
Century Casino & Hotel in Central
City, Colorado, the Century Casino & Hotel in
Edmonton, Canada and the Silver
Dollar Casino in Calgary, Canada.
The Company also operates casinos aboard eight luxury cruise
vessels (Silver Cloud, Regatta, Insignia, Nautica, Mein Schiff, Wind Surf, Wind Star, Wind Spirit)
and signed contracts for casinos on six additional ships (Seven
Seas Voyager, Seven Seas Mariner, Seven Seas Navigator, Oceania
Marina, Oceania Riviera and TUI Mein Schiff II) that will start
operations soon. Through its Austrian subsidiary, Century Casinos
Europe GmbH, the Company holds a 33.3% ownership interest in
Casinos Poland Ltd., the owner and operator of seven full casinos
and one slot casino in Poland.
Century Casinos, Inc. 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, expected competition, the impact of new
gaming laws, plans for our casinos and the impact of the 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 15, 2010.
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.
SOURCE Century Casinos, Inc.