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Century Casinos announces the opening of the racing entertainment centre at Century Mile Racetrack and Casino in Edmonton, Canada
With the racing entertainment centre open, Century is now preparing for the first weekend of Thoroughbred racing on the one-mile racetrack, which is scheduled for April 28, 2019 .
Century Mile Racetrack and Casino is the Company's latest development, located on Edmonton International Airport land and close to the city of Leduc , south of Edmonton . The location is ideally positioned exiting off the Queen Elizabeth II Highway, which is the main corridor between Calgary and Edmonton and one of the most heavily used highways in Western Canada . It is close to the airport, a shopping mall, retail outlets, hotels, a golf course and an abundance of other businesses. The Company is investing approximately $46 .6 million USD, based on the exchange rate in effect as of February 26, 2019 , in the development.
Century Casinos, Inc. is an international casino entertainment company that operates worldwide. The Company owns and operates Century Casino & Hotels in
Cripple Creek and
Central City, Colorado , in Edmonton, Alberta, Canada ; and the Century Casino in
Calgary and St. Albert, Alberta, Canada and in
Bath, England , further the Century Mile Racetrack and Casino which operates in the south metropolitan area of
Edmonton, Alberta, Canada . Through its Austrian subsidiary, Century Resorts Management GmbH ("CRM"), formerly Century Casinos Europe GmbH, the Company holds a 66.6% ownership interest in Casinos Poland Ltd., the owner of eight casino licenses throughout Poland , seven of which are operating. The Company, through CRM, also holds a 75% ownership interests in Century Downs Racetrack and Casino, which operates in the north metropolitan area of
Calgary, Alberta, Canada ; a 75% ownership interest in Century Bets!; and a 51% ownership interest in Golden Hospitality Ltd., a company that manages a hotel and entertainment and gaming club in
Vietnam . Century Bets! and Century Mile operate the pari-mutuel off-track horse betting network in southern and northern
Alberta, Canada respectively. The Company operates 10 ship-based casinos under agreements with three cruise ship owners. The Company, through CRM, also owns a 7.5% interest in, and provides consulting services to, Mendoza Central Entretenimientos S.A., a company that provides gaming-related services to Casino de Mendoza in Mendoza,
Argentina . The Company continues to pursue other international projects in various stages of development.
Century Casinos' common stock trades on The Nasdaq Capital Market® under the symbol CNTY. For more information about Century Casinos, visit our website at www.cnty.com.
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