DJ EANS-News: Century Casinos Extends and Prolongs Agreement with TUI Cruises


22.01.13 14:30
Dow Jones Newswires



DJ EANS-News: Century Casinos Extends and Prolongs Agreement with TUI Cruises





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Company Information

Wien (euro adhoc) - January 22, 2013


Century Casinos Extends and Prolongs Agreement with TUI Cruises


COLORADO SPRINGS, Colorado, January 22, 2013 - Century Casinos, Inc. (NASDAQ
Capital Market® and Vienna Stock Exchange: CNTY) announced today that the
company extended its long-term concession agreement with TUI Cruises.

TUI Cruises is a joint venture between TUI AG and Royal Caribbean Cruises Ltd.
with focus on the premium all inclusive cruise market. TUI Cruises currently
has two luxurious 1,900-guest ships (Mein Schiff 1, Mein Schiff 2) in service
to explore the world in style and comfort. A new 2,500-guest ship (Mein Schiff
3) is currently being built, scheduled to commence operations in early 2014 and
also part of the extended agreement, under which Century Casinos will operate
these casinos until at least May 2017.
"We are delighted about the extension and prolongation of our cooperation with
TUI Cruises. The growing number of our cruise ship casino operations has
developed into a strong business segment for Century Casinos", said Erwin
Haitzmann and Peter Hoetzinger, Co CEOs of Century Casinos.


About Century Casinos, Inc.:
Century Casinos, Inc. is an international casino entertainment company that
owns and operates Century Casino & Hotels in Cripple Creek and Central City,
Colorado, and in Edmonton, Alberta, Canada and the Century Casino in Calgary,
Alberta, Canada. The Company also operates casinos aboard twelve luxury cruise
vessels (Regatta, Nautica, Marina, Riviera, Mein Schiff 1, Mein Schiff 2, Wind
Surf, Wind Star, Wind Spirit, Seven Seas Voyager, Seven Seas Mariner and Seven
Seas Navigator). Through its Austrian subsidiary, Century Casinos Europe GmbH,
the Company holds a 33.3% ownership interest in Casinos Poland Ltd., the owner
and operator of eight casinos in Poland. The Company also manages the
operations of the casino at the Radisson Aruba Resort, Casino & Spa in Aruba,
Caribbean. Century Casinos, Inc. continues to pursue other international
projects in various stages of development.

For more information about Century Casinos, visit our website at
www.centurycasinos.com. Century Casinos' common stock trades on The NASDAQ
Capital Market® and the Vienna Stock Exchange under the symbol CNTY.

This release may contain "forward-looking statements" within the meaning of
Section 27A of the Security Act of 1933, as amended, Section 21E of the
Securities Exchange Act of 1934, as amended, and the Private Securities
Litigation Reform Act of 1995. These statements are based on the beliefs and
assumptions of the management of Century Casinos based on information currently
available to management. Such forward-looking statements include, but are not
limited to, statements regarding approvals required for the CPL transaction and
the Racing Entertainment Centre project in Alberta, Canada, future results of
operations, operating efficiencies, synergies and operational performance,
economic improvements in 2013 and plans for our casinos and our Company.
Such
forward-looking statements are subject to risks, uncertainties and other
factors that could cause actual results to differ materially from future
results expressed or implied by such forward-looking statements. Important
factors that could cause actual results to differ materially from the
forward-looking statements include, among others, the risks described in the
section entitled "Risk Factors" under Item 1A in our Annual Report on Form 10-K
for the year ended December 31, 2011. 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.



end of announcement euro adhoc
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(END) Dow Jones Newswires




January 22, 2013 09:30 ET (14:30 GMT)








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