Century Casinos Announces New Agreement with Thomson Cruises

COLORADO SPRINGS, Colo., March 22, 2016 /CNW/ -- Century Casinos, Inc. (NASDAQ Capital Market®: CNTY) announced today that the company and Thomson Cruises signed an agreement about casino operations on board the Thomson Discovery.

TUI UK Ltd., trading as Thomson Cruises, is a subsidiary of TUI Group, the world's number one tourism business with 1,800 travel agencies in Europe, six airlines with more than 130 aircraft, over 300 Group-owned hotels, and 13 cruise ships. Thomson Cruises currently operates four cruise ships catering to the British market.

Its fifth ship Thomson Discovery, with a capacity of 2,067 passengers, will join the fleet in the second quarter of 2016. Its highlights include an outdoor cinema, a rock-climbing wall, a mini-golf course, a five-story atrium and an indoor pool. The casino will feature live table games, electronic roulette and state-of-the-art slot machines.

Commenting on the news, the Company's Co CEOs Erwin Haitzmann and Peter Hoetzinger remarked: "We are looking forward to extending our reach to the UK market, further solidifying Century's position as the world-wide market leader in operating casinos on cruise vessels."    

About Century Casinos, Inc.:

Century Casinos, Inc. is an international casino entertainment company that operates worldwide. The Company owns and operates Century Casinos & 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 owns 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 ten ship-based casinos onboard ships of TUI Cruises and Windstar Cruises. The Company also 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.

This release may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and 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 include, but are not limited to, statements regarding future results of operations, operating efficiencies, synergies and operational performance, the prospects for the Century Downs Racetrack and Casino project and other projects, debt repayment, investments in joint ventures, outcomes of legal proceedings and plans for our casinos and our Company. 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 for the year ended December 31, 2014 and in subsequent Form 10-Q filings. 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.

SOURCE Century Casinos, Inc.