Connect with us
SIS

Eastern Europe

Century Casinos Success with Casino Licenses in Poland

George Miller

Published

on

Century Casinos Announces Expansion of its Polish Flagship Casino
Photo Credits: cnty.com
Reading Time: 2 minutes

Century Casinos, Inc. announced  that its 66.6%-owned Polish subsidiary Casinos Poland Ltd. now holds a total of eight casino licenses in Poland, as compared to seven a year ago.

After a rather turbulent few quarters where the official process for the award of casino licenses came under criticism especially for its late timing, which resulted in several casino closings throughout Poland, lost gaming tax revenue for the government and additional costs and expenses for the operators, Casinos Poland has been awarded a total of eight casino licenses in the following markets: Warsaw (3), Wroclaw (1), Katowice (1), Bielsko-Biala (1), Krakow (1) and Lodz (1). Five casinos are already in operation, the Krakow casino opens today and the third casino in Warsaw and the casino in Lodz will open next month.

We are very pleased that the important licence tenders in Poland have now been completed and we will soon operate a total of eight casinos in Poland,” stated Erwin Haitzmann and Peter Hoetzinger, co-chief executive officers of Century Casinos. “The Polish casino market continues to be robust and we look forward to generating solid and sustainable returns going forward.

 

About Century Casinos, Inc.:

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 and in St. Albert, Alberta, Canada and in Bath, England. Through its Austrian subsidiary, Century Resorts Management GmbH, formerly Century Casinos Europe GmbH (‘CRM’), the Company holds a 66.6% ownership interest in Casinos Poland Ltd., the owner and operator of six casinos in Poland. The Company, through CRM, also holds 75% ownership interests in both CDR, which operates in the north metropolitan area of Calgary, Alberta, Canada, and Century Bets! Inc., which operates the pari-mutuel off-track horse betting network in southern Alberta, Canada. The Company, through CRM holds a 51% ownership interest in Golden, a company that manages a hotel and international entertainment and gaming club in Vietnam. The Company operates 13 ship-based casinos with four cruise ship owners. The Company, through CRM, 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 is also developing Century Mile Racetrack and Casino in Edmonton, Alberta, Canada. The Company continues to pursue other international projects in various stages of development.

George Miller started his career in content marketing and has started working as an Editor/Content Manager for our company in 2016. George has acquired many experiences when it comes to interviews and newsworthy content becoming Head of Content in 2017. He is responsible for the news being shared on multiple websites that are part of the European Gaming Media Network.

Continue Reading
Advertisement
Comments

Eastern Europe

Volodymyr Zelensky Reveals His Plans to Legalise Gambling in Ukraine

Niji Narayan

Published

on

Photo source: themoscowtimes.com
Reading Time: 1 minute

Ukrainian President Volodymyr Zelensky has declared his intention to re-legalise gambling, in particular, to allow casinos in five-star hotels. He has promised to legalise the operations of casinos while attending the Ukrainian-Turkish business forum in Turkey.

“We will legalize gambling, namely, the operation of casinos in five-star hotels, which will stimulate the development of the region’s tourism cluster near the Black Sea. We also want to grow together here. Therefore, we want to see Turkish businesses as our partners rather than competitors,” Volodymyr Zelensky said.

All kinds of gambling activities were made illegal in Ukraine after the fire in a gambling hall killed nine people in 2009. In 2016, the Cabinet of Ministers of Ukraine submitted to the Verkhovna Rada bill No. 4663 on the legalisation of gambling and a system of control over the organisation of casinos, betting and lotteries.

It is expected that the budget of Ukraine may receive an additional revenue of about UAH 10 billion (US$394.32 million) in case of gambling legalisation.

Continue Reading

Eastern Europe

Georgia Casino Installs Clover Link From Apex Gaming

George Miller

Published

on

Georgia Casino Installs Clover Link From Apex Gaming
Reading Time: 1 minute

 

CLOVER LINK makes a real difference – the customers love it’

PEACE Casino – situated in the Sheraton Hotel in Batumi, Georgia – has recently added the CLOVER LINK jackpot gaming system from APEX gaming. The CLOVER LINK ROUND EDITION with four Pinnacle Premium SL slots (each with three monitors for maximum effect) now adorns this popular casino.

Casino management has reported the immediate impact CLOVER LINK has had. Casino Manager Mr. Shota Amiranashvili stated, “Even before we had our first conversation with the APEX team we had heard and read about the fact that so many casinos around the world are reporting such good things on CLOVER LINK. Now that we have it as well, we can confirm this all. Our customers just love CLOVER LINK. APEX will become a major supplier now as we intend to strongly increase the number of APEX slots on our casino floor”.

Mr. Georgi Lungolov, International Sales Manager at APEX gaming, added, “Our thanks goes to the entire team at PEACE Casino. Their fascination of CLOVER LINK has been passed on to their customers. Players simply love CLOVER LINK”.

“This is yet another excellent example of exemplary casino management looking to fit the most entertaining solutions for their customers”, concluded Mr. Kubilay Özer, Global Sales Director at APEX gaming. “We are very pleased and honoured that players at PEACE Casino now have access to CLOVER LINK”.

Continue Reading

Compliance Updates

Stakelogic Secures Class 2 Gaming Licence from Romanian National Gambling Office

Niji Narayan

Published

on

Stakelogic secures Romania licence
Reading Time: 1 minute

 

Stakelogic has secured a Class 2 Gaming licence from the Romanian National Gambling Office (ONJN). Stakelogic’s classic slots and modern video slots are now available to licensed operators in Romania. This includes popular titles such as Book of Adventure and Hot Fruit Deluxe.

Stakelogic also holds permits in Malta and Sweden with plans to secure additional licences in the UK, Italy, Spain, Denmark and Portugal later this year.

“This is yet another milestone for us. With our Romania licence in hand we can now offer our operator partners active in the market the latest online gaming products and games that players want to play,” Stephan van den Oetelaar, CEO of Stakelogic said.

Continue Reading
Advertisement
NSoft

Global Gaming Industry Newsletter – Weekly Digest (sent every Wednesday)

Please select all the ways you would like to hear from European Gaming Media and Events:

You can unsubscribe at any time by clicking the link in the footer of our emails. For information about our privacy practices, please visit our website.

We use Mailchimp as our marketing platform. By clicking below to subscribe, you acknowledge that your information will be transferred to Mailchimp for processing. Learn more about Mailchimp's privacy practices here. Read more about European Gaming Media and Event's Privacy Policy and Terms of Service.

Subscribe to our News via Email

Enter your email address to subscribe to our news and receive notifications of new posts by email.

Latest by author

Trending

Notice for AdBlock users

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.