Central City, Colorado, Voted for Expanded Gaming



    COLORADO SPRINGS, Colo., Jan. 21 /CNW/ -- Century Casinos, Inc. (Nasdaq:  
CNTY; Vienna Stock Exchange) announced today that the new gaming law has been
approved in Central City, Colorado, USA, on January 20, 2009, joining Cripple
Creek and Black Hawk.
    

    
    By a vote of approx. 90% yes votes residents of the former mining
community agreed to raise the maximum bet in casinos from $5 to $100, add
roulette and craps, and allow casinos to operate 24 hours a day. This measure
also requires a statewide vote on future gaming tax increases. According to
state law the changes become effective after July 1, 2009.
    

    
    "The approval of the expanded gaming law in both our markets in Colorado
is an important milestone for our company. We expect a positive impact for the
Colorado casino industry and an opportunity to provide a more attractive
product offering for our guests," said Erwin Haitzmann and Peter Hoetzinger,
Co CEOs of Century Casinos, Inc.
    

    
    This local referendum approved constitutional Amendment 50, which was
passed by the voters of Colorado in November 2008. Following Cripple Creek and
Black Hawk, Central City was the third and final gambling town in Colorado to
vote on and approve the new gaming law.
    

    About Century Casinos, Inc.:
    
    Century Casinos, Inc. is an international casino entertainment company
that owns and operates the Womacks Casino and Hotel in Cripple Creek,
Colorado, the Century Casino & Hotel in Central City, Colorado, the Century
Casino & Hotel in Edmonton, Alberta, Canada, and the Century Casino Millennium
in the Marriott Hotel in Prague, Czech Republic. The Company also operates
casinos aboard the Silver Cloud and the vessels of Oceania Cruises and has an
agreement to operate the casinos on all vessels (estimated to be three) put
into service by TUI Cruises before December 31, 2012. Through its subsidiary
Century Casinos Africa (Pty) Limited, it owns and operates The Caledon Hotel,
Spa & Casino near Cape Town, South Africa, as well as 60% of, and provides
technical casino services to, Century Casino Newcastle, in Newcastle, South
Africa. Furthermore, the Company's Austrian subsidiary, Century Casinos Europe
GmbH, holds a 33.3% ownership interest in Casinos Poland Ltd, the owner and
operator of seven full casinos and one slot casino in Poland. The Company
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(R) and the Vienna Stock Exchange under the symbol CNTY.
    

    
    This release may contain "forward-looking statements" within the meaning
of 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 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 filed on March 17,
2008 and under Part II. Item 1A in our Quarterly Report on Form 10-Q filed on
November 10, 2008. 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.
    




    




For further information:

For further information: Peter Hoetzinger, Co CEO & President,
+1-719-689-5813, +43 664 355 3935, peter.hoetzinger@cnty.com; or Larry
Hannappel, Senior Vice President, +1-719-229-6448, larry.hannappel@cnty.com
Web Site: http://www.centurycasinos.com


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890