Tuesday, March 28, 2023

Tag: Peter Hoetzinger

Sale of Century Casinos’ Polish business still on the cards

Sale of Century Casinos Polish business still on cards
The operator’s co- CEO Peter Hoetzinger conceded the sale process is advancing “quite slowly”, but highlighted the continuing recovery of Century’s eight properties in Poland, which he noted are generating “very solid EBITDA and cash flow”.   Century Casinos executives confirmed the company is still moving forward with plans to sell its operations in Poland. “In Poland, the sales process continues, it...

Century Casinos Polish operation ‘already cash flow positive’

Century Casinos
Despite a difficult Q2, Century Casinos’ co-CEOs Peter Hoetzinger and Erwin Haitzmann highlighted the company’s positive results at its properties in Poland, the first of its gaming operations to reopen worldwide.

US operator Century Casinos expands into the UK market with Bath casino purchase

Century Casinos
Colorado-based Century Casinos has purchased Saw Close Casino, the holder of a Small Casino Premises Licence, for £600,000, allowing the company to develop and operate a casino in Bath, England. While the acquisition of the venue is reported to have been finalised, the development and operation of the casino is still subject to regulatory and governmental approvals. The company has a...

2016 a “Tremendous year” for Century Casinos

ICR - Century Casinos
Century Casinos has reported a record year for revenues in 2016, with the company seeing a 695 percent jump in profit for Q4, driven by the addition of its new property in St. Albert, Canada and strong results in Colorado and Poland.   Century Casinos has reported a strong year, with its annual net revenues for 2016 reaching an all-time high...