COLORADO SPRINGS, Colo., Dec. 28, 2020 / PRNewswire/– Century Gambling Enterprises, Inc. (Nasdaq Resources Market ®: CNTY )(” Century Gambling Establishments”or the”Business”)announced today that it will briefly close its Polish gambling establishments at 11:59 p.m. on Monday, December 28, 2020 through Monday, January 18, 2021 to adhere to quarantines released by the Polish government to contain the spread of COVID-19.
The Poland operating segment added 4% of the Business’s Adjusted EBITDA for the 3 months finished September 30, 2020.
The COVID-19 circumstance remains to advance rapidly, as well as it presently shows up that as a result of the pandemic’s current range it will adversely impact the Business at the very least with the first fifty percent of 2021.
Concerning Century Casinos, Inc.:
Century Online Casinos, Inc. is a casino entertainment firm. The Company owns as well as operates Century Online casino & & Hotels in Cripple Creek and also Central City, Colorado, as well as in Edmonton, Alberta, Canada; the Century Casino in Cape Girardeau and Caruthersville, Missouri, as well as in St. Albert, Alberta, Canada; Mountaineer Casino, Racetrack & & Hotel in New Cumberland, West Virginia; the Century Mile Racetrack and also Casino Site (“CMR”) in Edmonton, Alberta, Canada; as well as Century Wagers! Inc. (“CBS”). CBS as well as CMR operate the pari-mutuel off-track horse betting networks in southerly as well as northern Alberta, respectively. Through its Austrian subsidiary, Century Resorts Management GmbH (“CRM”), the Business holds a 66.6% possession rate of interest in Gambling enterprises Poland Ltd., the owner and also operator of eight casino sites throughout Poland; as well as a 75% ownership rate of interest in Century Downs Racetrack as well as Casino in Calgary, Alberta, Canada. The Company runs four ship-based online casinos. The Business, through CRM, likewise owns a 7.5% interest in, and also gives consulting solutions to, Mendoza Central Entretenimientos S.A., a business that provides gaming-related services to Casino site de Mendoza in Mendoza, Argentina. The Company continues to seek various other tasks in various phases of advancement.