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


22.01.13 14:30


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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