Positive quarter for Century Casinos

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It was a good third quarter for Century Casinos, the international operator with locations in the US, Canada, the UK, Poland and on cruise ships.



Operating revenue was $52.9m, up 22 per cent compared with the same quarter of 2018, and net profits were up to $3.5m, an increase of eight per cent. EBITDA was $7.1m, up 12 per cent.

The company reported that it was nearing the closing of a deal that would acquire three properties from Eldorado Resorts for $278m.

At its flagship Century Mile Casino and Racetrack at Edmonton International Airport in Canada, operations “continue to ramp up,” said co-CEOs Erwin Haitzmann and Peter Hoetzinger. They said: “We continue to analyse the cost structure, staffing levels and efficiencies at Century Mile to achieve the margins we expect, which is normal during the first phase of operations.”

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