Century Casinos Reports Research Report Coverage by Sidoti & Company
November 28 2006 - 2:00AM
PR Newswire (US)
COLORADO SPRINGS, Colo., Nov. 28 /PRNewswire-FirstCall/ -- Century
Casinos, Inc. (Nasdaq: CNTY; Vienna Stock Exchange) reported today
that Sidoti & Company, LLC, a New York based small cap equity
research provider, has initiated coverage on the Company with a BUY
rating and a target price of $14.00. The Company does not comment
on the content of research reports. About Century Casinos, Inc.:
Century Casinos, Inc. is an international casino entertainment
company that owns and operates Womacks Casino and Hotel in Cripple
Creek, Colorado; owns and operates 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, the Century Casino & Hotel in Central
City, Colorado. Through its subsidiary Century Resorts Alberta
Inc., it owns and operates Century Casino & Hotel in Edmonton,
Alberta, Canada. 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, the 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, or +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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