“The completion of the Canada sale leaseback reduced our Net Debt** from $255.5 million as of Jto $158.9 million as of September 30, 2023,” Messrs. Looking ahead we anticipate revenue and operating expense trends to remain consistent with what we have seen the last several quarters,” Erwin Haitzmann and Peter Hoetzinger, Co-Chief Executive Officers of Century Casinos remarked. One time expenses related to the Rocky Gap acquisition and Canada sale leaseback transaction negatively impacted our earnings from operations and net loss for the quarter. “With our acquisitions of the Nugget Casino Resort and Rocky Gap Casino, Resort & Golf we achieved record high net operating revenue and Adjusted EBITDA**. shareholders was ($14.2) million, a change of (582%), and basic loss per share was ($0.47).
Earnings from operations were $14.5 million, a decrease of 28%.Net operating revenue was $161.2 million, an increase of 43%.Ĭompared to the three months ended September 30, 2022: (Nasdaq Capital Market®: CNTY) today announced its financial results for the three and nine months ended September 30, 2023. Record Quarterly Net Operating Revenue and Adjusted EBITDA** Completion of Rocky Gap Acquisition and Canada Real Estate SaleĬolorado Springs, Colorado – Novem– Century Casinos, Inc.
