Century Casinos Opens Ship-based Casino for Chinese Market

The casino will cater to regular cruise passengers as well as VIP players provided by junket operators.

Diamond Cruise International, a subsidiary of travel conglomerate Suzhou Taihu International Travel Agency, intends, in the next five years, to acquire an additional three to four ships in an effort to compete for supremacy in the fast-growing Chinese cruise market.

"We are excited to enter the Asian gaming market and to increase our position as the world-wide leader in operating casinos on cruise vessels through a long-term agreement with Diamond Cruise International. This is a very cost-effective way for our company to gain a foothold in the lucrative Chinese market and certainly has the potential to grow our ship-based casino segment to a very meaningful size", remarked Century Casinos' Co CEOs Erwin Haitzmann and Peter Hoetzinger.

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 , and in Edmonton, Alberta, Canada and the Century Casino in Calgary, Alberta, Canada . Through its Austrian subsidiary, Century Casinos Europe GmbH ("CCE"), the Company holds a 66.6% ownership interest in Casinos Poland Ltd., the owner and operator of nine casinos in Poland . The Company, through CCE, also holds a 75% ownership interest in both Century Downs Racetrack and Casino, which began operations in the north metropolitan area of Calgary, Alberta, Canada in April 2015 , and Century Bets!, which began operating the pari-mutuel off-track horse betting network in Southern Alberta, Canada in May 2015 . The Company operates thirteen ship-based casinos onboard ships of TUI Cruises, Thomson Cruises and Windstar Cruises. The Company manages the operations of the casino at the Hilton Aruba Caribbean Resort and Casino. The Company, through CCE, 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.

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