Century Casinos Africa Announces Appointment of New Managing Director
May 15 2007 - 8:00AM
PR Newswire (US)
COLORADO SPRINGS, Colo., May 15 /PRNewswire-FirstCall/ -- Century
Casinos, Inc. (Nasdaq: CNTY; Vienna Stock Exchange:) announced
today that the Company has appointed Mr. Rossouw Lubbe as new
managing director of its South African subsidiary Century Casinos
Africa (Pty.) Ltd. As managing director of Century Casinos Africa,
Mr. Rossouw Lubbe, the former CEO of the Western Cape Gambling and
Racing Board, will be responsible for the management of Century
Casinos' South African operations, The Caledon Hotel, Spa and
Casino, with its number of slot machines soon to be increased by
approx. six percent to 370, and Century Casino Newcastle, as well
as their food & beverage company Celebrations Accommodations
and Food Service Management. "We are looking forward to working
with Mr. Lubbe and to benefiting from his extensive experience in
the South African gaming industry to further strengthen our
company," said Erwin Haitzmann and Peter Hoetzinger, Co CEOs
Century Casinos, Inc. 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, holds a 33.3% ownership interest in Casinos Poland
Ltd, the owner and operator of seven casinos and one slot arcade in
Poland. The Company continues to pursue other international
projects in various stages of development. For more information
about Century Casinos, visit our new 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/
Copyright