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Century Casinos Announces Expansion of its Polish Flagship Casino

George Miller

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

 

Century Casinos, Inc. announced the opening of an additional gaming floor at its casino at the Marriott Hotel in Warsaw, Poland. The casino is operated by the company`s majority owned subsidiary, Casinos Poland Ltd.

At 08:00 p.m. CEST on May 30, 2019, approximately 800 guests were welcomed by Casinos Poland`s staff and were invited to explore the newly created 4,000 square feet gaming floor, featuring 15 gaming tables and 20 slot machines, two VIP rooms as well as a bar and lounge area. The casino is now offering a total of 35 gaming tables and 70 slot machines on a total gaming floor of approximately 12,000 square feet.

“We are excited about the substantial increase in the gaming offer of our Polish flagship casino and believe it will further strengthen Casinos Poland’s successful performance,” Erwin Haitzmann and Peter Hoetzinger, Co Chief Executive Officers of Century Casinos, said.

 

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; Century Casino in Calgary and St. Albert, Alberta, Canada and in Bath, England; and the Century Mile Racetrack and Casino (“CMR”) in Edmonton, Alberta, Canada. Through its Austrian subsidiary, Century Resorts Management GmbH (“CRM”), the Company holds a 66.6% ownership interest in Casinos Poland Ltd., the owner of seven casino licenses throughout 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. (“CBS”); and a 51% ownership interest in Golden Hospitality Ltd., a company that manages a hotel and international entertainment and gaming club in Vietnam. The Company operates the northern and southern Alberta pari-mutuel off-track betting networks through CMR and CBS, respectively. The Company operates nine ship-based casinos under agreements with three 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 continues to pursue other international projects in various stages of development.

Century Casinos’ common stock trades on The Nasdaq Capital Market® under the symbol CNTY. For more information about Century Casinos, visit our website at www.cnty.com.

 

Source: Century Casinos, Inc.

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.

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Central Europe

Poland Gives 4% of the Gambling Tax Amount to NGOs

Niji Narayan

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Poland Gives 4% of the Gambling Tax Amount to NGOs
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Piotr Gliński, the Deputy Prime Minister and Culture Minister of Poland, has revealed that 4% of the gambling tax, nearly PLN 40 mln (EUR 9.4 mln), has been given to non-governmental organisations in Poland for the past year and a half.

Gliński, who attended the Third Forum of Associations from the Low Beskids in Iwonicz Zdrój, in southeastern Poland, said that the solution has been introduced by the government in Poland for the first time and in many countries, such concept has not been applied.

Gliński also added that thanks to these decisions, funds were created to promote civil society, culture and sport.

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CEEGC 2019

Gambling industry advertising regulation updates presented by Dan Iliovici (ROMBET) at CEEGC 2019 Budapest

Zoltan Tundik

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Reading Time: 2 minutes

 

Vice President of ROMBET and former regulator, will present some of the latest developments and regulatory updates regarding advertising in the gambling industry.

Gambling operators are facing harsh fines all around Europe at this moment when it comes to stepping over the boundaries that are set by local laws regarding advertising.

While some of these laws that are in force are fully accepted by the industry and considered “moral”, there are some cases in which the regulator and legislator have not understood that in order to drive business and bring income taxes to the state budget, operators have to be pro-active in advertising.

At the 4th edition of the yearly Central and Eastern European Gaming Conference, which takes place on the 24th of September at the Ritz-Carlton Budapest, Dan Iliovici, the Vice President of Rombet will join the “Regulated Central and Eastern European jurisdictions” compliance panel discussion and share the latest insights on the subject.

Dan Iliovici is the former Romanian regulators and has been a guest speaker of CEEGC Budapest for the past 2 years.

About Dan Iliovici

Dan Iliovici is the Vice President of ROMBET – Romanian Gambling Organizers’ Association, one of the most important associations of the industry.

With rich experience in the gambling industry, former President of the Romanian gambling regulator – The National Gambling Office, Dan Iliovici is one of the personalities who contributed the most to industry’s professionalization. Along the years, he was involved in the Romanian market transformation into a consolidated and transparent industry, with a strong focus on responsible gambling.

Make sure you take advantage of this unique opportunity of learning and networking with the gambling industry in the CEE and Balkans region via the CEEGC platform which is committed to bringing together industry shareholders and government officials from the region on a yearly base.

Register here or View the Agenda!

Browse the official event website here: www.ceegc.eu

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CEEGC 2019

Altenar announced as Sponsor at CEEGC2019 Budapest

Zoltan Tundik

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Reading Time: 2 minutes

 

Award-winning provider of sportsbook services will join the sponsors’ list once again at CEEGC Budapest.

The 4th edition of the yearly Central and Eastern European Gaming Conference will take place on the 24th of September at the Ritz-Carlton Budapest and will focus on bringing together key industry leaders and showcase new business intelligence and provide a different angle of view on the already established and emerging market.

Register here or View the Agenda!

Browse the official event website here: www.ceegc.eu

Ever since the CEEGC platform has been launched it has been supported by many gaming industry leaders and there is no doubt that the team at Altenar finds it as a must-attend conference, they are once again part of the sponsors’ list.

As in 2018, Altenar are the “PEN, PAPER AND PAMPER SPONSOR” at the conference and are ready to start doing business with you!

You can view the Altenar Corporate Introductory Video here:

 

About Altenar

Altenar is a provider of sportsbook services to licensed gaming operators. Ranging from “software-only”​ product offers to the provision of a fully managed sports betting platform stack, Altenar offers proven stability coupled with flexible and personalized service. Our software is developed and operated in-house, whilst being powered by premium quality data feeds.

About the Central and Eastern European Gaming Conference

The Central and Eastern European Gaming Conference and Awards (CEEGC & CEEG Awards) has been launched in 2016 with the aim of bringing together gambling industry professionals, executives, and government representatives.

Every year, +125 like-minded delegates have the opportunity to discuss collaboration opportunities, learn about compliance updates and harvest the tech & marketing related information which is presented by industry leaders from the ever-evolving international gambling industry community.

Make sure you take advantage of this unique opportunity of learning and networking with the gambling industry in the CEE and Balkans region via the CEEGC platform which is committed to bringing together industry shareholders and government officials from the region on a yearly base.

Register here!

Browse the official event website here:  www.ceegc.eu

 

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