Century Casinos Reports Opening of New Casino Resort on Newcastle, South Africa
December 05 2006 - 6:00AM
PR Newswire (US)
COLORADO SPRINGS, Colo., Dec. 5 /PRNewswire-FirstCall/ -- Century
Casinos, Inc. (Nasdaq: CNTY; and Vienna Stock Exchange: CNTY)
reported today that the Company celebrated the official opening of
Century Casino Newcastle's new resort facility with a grand opening
gala on Saturday, December 2, 2006. Century Casino Newcastle
(formerly Monte Vista Casino & Conference Centre), situated in
South Africa's Kwazulu Natal Province, half-way between Durban and
Johannesburg, is a one stop entertainment, leisure and conferencing
destination. The property features 12,000 square feet of casino
gaming floor, with six gaming tables, 250 slot machines, food and
beverage amenities, a show stage, as well as a supervised kids
entertainment area. The complex also includes a four star, 40 room
hotel, meeting and conference facilities, as well as a spa and
wellness center with a wide range of beauty and relaxation
treatments. During the opening gala, invited VVIP guests like His
Majesty King Goodwill Zwelethini, King of Kwazulu Natal, Dr. Jacob
Zuma, Deputy President of the ANC, Mrs. Winnie Mandela and many
other celebrities, political, radio and TV personalities, were
treated to an entertainment extravaganza, which featured the likes
of Afritude and The Three Black Tenors. The evening was concluded
with a grand fireworks display. More than 5,000 people gathered
outside and waited for the casino to open to the public, so that
they could try their luck on the slot machines and tables. Even
though the casino only opened its doors to the public at 9:30 hrs
in the evening, it generated an average win/slot/day of $265 in the
first two days. "We are very happy to be able to provide our guests
with this new casino and hotel resort facility, the biggest tourism
investment to date in Northern Kwazulu Natal, and to foster the
local economy by providing 250 permanent jobs for local residents",
said Century Casinos' Co CEOs, Erwin Haitzmann and Peter
Hoetzinger, in a joint statement. 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 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 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, 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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