Century Casinos Acquires 33.3% Ownership Interest in Casinos Poland Ltd.



    COLORADO SPRINGS, Colo., March 13 /CNW/ -- Century Casinos, Inc. (Nasdaq:  
CNTY; Vienna Stock Exchange) announced today that the Company's Austrian
subsidiary, Century Casinos Europe GmbH, has completed the previously
announced acquisition of 100% of G5 Sp.z.o.o., a Polish company, which holds
33.3% of all issued and outstanding shares of Casinos Poland Ltd.
    The total consideration for the transaction equaled $8,690,000, of which
$7,946,000 has been paid already.  The remainder of $744,000 is payable in six
months.
    Casinos Poland's seven casinos and one slot arcade, situated in major
cities in international four and five star hotels in Poland, generated net
operating revenues (unaudited) of PLN 158 million (approx. $53.7 million) in
2006, representing a year-over-year growth of 24% compared to the PLN 127
million (approx. $43.2 million) generated in 2005.
    "We are very happy to have closed this acquisition and look forward to
participating in and further improving Casinos Poland's success together with
the two other 33.3% shareholders of the company, LOT Polish Airlines and the
Polish Airport Authority," said Peter Hoetzinger, Co CEO & President, Century
Casinos, Inc.

    
    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 Edmonton, Alberta, Canada, and the
Century Casino Millennium in the Marriott Hotel in Prague, Czech Republic;
operates the casinos aboard the Silver Wind, Silver Cloud, The World of
ResidenSea, and the vessels of Oceania Cruises; owns a 65% interest in, and
has a management contract for, Century Casino & Hotel in Central City,
Colorado.  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 casinos and
one slot arcade in Poland.  The Company continues to pursue other
international projects in various stages of development.
    For more information about Century Casinos, visit our new 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 that involve risks
and uncertainties.  Among the other important factors which could cause actual
results to differ materially from those in the forward-looking statements are
economic, competitive, and governmental factors affecting the Company's
operations, markets, services and prices, as well as other factors detailed in
the Company's filings with the Securities and Exchange Commission, including
its recent filings on Forms 10-K, 10-Q, and 8-K.  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, CEO & President, 
+1-719-689-6813, or +43-664-355-3935, peter.hoetzinger@cnty.com, or Larry 
Hannappel, Senior Vice President, +1-719-229-6448, larry.hannappel@cnty.com, 
both of Century Casinos, Inc. Web Site: http://www.centurycasinos.com


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