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Document and Entity Information - USD ($) | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2018 | Mar. 01, 2019 | Jun. 29, 2018 | |
Document and Entity Information [Abstract] | |||
Document Type | 10-K | ||
Amendment Flag | false | ||
Document Period End Date | Dec. 31, 2018 | ||
Document Fiscal Year Focus | 2018 | ||
Document Fiscal Period Focus | FY | ||
Entity Registrant Name | CENTURY CASINOS INC /CO/ | ||
Entity Central Index Key | 0000911147 | ||
Current Fiscal Year End Date | --12-31 | ||
Entity Well-known Seasoned Issuer | No | ||
Entity Voluntary Filers | No | ||
Entity Current Reporting Status | Yes | ||
Entity Filer Category | Accelerated Filer | ||
Entity Small Business | true | ||
Entity Emerging Growth Company | false | ||
Entity Shell Company | false | ||
Trading Symbol | cnty | ||
Entity Public Float | $ 236,246,448 | ||
Entity Common Stock, Shares Outstanding | 29,439,179 |
Please wait while we load the requested 10-K report or click the link below:
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Compare this 10-K Annual Report to its predecessor by reading our highlights to see what text and tables were removed , added and changed by Century Casinos Inc.
Century Casinos Inc's Definitive Proxy Statement (Form DEF 14A) filed after their 2019 10-K Annual Report includes:
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Losses from operations attributable to our Corporate Other operating segment, which includes certain other corporate and management operations, increased by ($0.3) million, or (3.8%), for the year ended December 31, 2018 compared to the year ended December 31, 2017 due to increased general and administrative expenses.
We have not experienced a negative impact to our results of operations in Poland from slot arcades or online gaming; however, increased competition could occur and adversely affect our results of operations in the future.
Operating costs and expenses increased by $20.0 million, or 14.4%, and by $16.4 million, or 13.3%, for the year ended December 31, 2018 compared to the year ended December 31, 2017 and for the year ended December 31, 2017 compared to the year ended December 31, 2016, respectively.
The decrease in cash, cash equivalents and restricted cash from December 31, 2017 to December 31, 2018 is due to $40.0 million for the construction of the Century Mile project, $16.8 million of cash used to purchase property and equipment, $0.3 million for CRMs purchase of its ownership interest in GHL, net of cash acquired, $0.6 million for GHLs purchase of its ownership interest in MCL, a $0.6 million distribution to non-controlling interests, $0.4 million in deferred financing payments, $0.3 million in principal repayments of capital lease agreements and $2.0 million in exchange rate changes, offset by $22.3 million of cash provided by operating activities, $8.2 million in principal borrowings net of repayments, $0.3 million in proceeds from the exercise of stock options and less than $0.1 million in proceeds from the sale of assets.
The additional shares of common...Read more
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Payroll costs increased as the...Read more
In PLN In US dollars...Read more
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Losses from operations attributable to...Read more
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A reconciliation of net earnings...Read more
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? Total operating costs and...Read more
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At CDR, operating expenses increased...Read more
Operating expenses and losses from...Read more
The balance of the Century...Read more
At CSA, operating expenses increased...Read more
(2) For a discussion of...Read more
At CRA, operating expenses decreased...Read more
Taxes ? Our income tax...Read more
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? Net operating revenue for...Read more
Potential Sources and Uses of...Read more
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Effective April 2017, the Polish...Read more
A large portion of the...Read more
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The Marella Discovery contributed $0.3...Read more
CRM has appointed one director...Read more
Additionally, the Tax Act created...Read more
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A reconciliation of net loss...Read more
SAB 118 provided a measurement...Read more
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? The Central City market...Read more
? The Cripple Creek market...Read more
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? The Cripple Creek market...Read more
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In PLN In US dollars...Read more
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We have a shelf registration...Read more
Because all earnings were derived...Read more
See Note 2, ?Significant Accounting...Read more
In March 2015, in connection...Read more
We attribute the increase in...Read more
At CRA, operating expenses increased...Read more
At CSA, operating expenses increased...Read more
At CAL, operating expenses increased...Read more
At CDR, operating expenses increased...Read more
At CSA, operating expenses increased...Read more
At CAL, operating expenses increased...Read more
At CDR, operating expenses increased...Read more
Operating expenses increased by $10.9...Read more
Operating expenses increased by $7.7...Read more
At CSA, net operating revenue...Read more
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At CAL, net operating revenue...Read more
At CAL, net operating revenue...Read more
At CDR, net operating revenue...Read more
At CDR, net operating revenue...Read more
At CSA, net operating revenue...Read more
At CAL, net operating revenue...Read more
At CDR, net operating revenue...Read more
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? At CRC, net operating...Read more
? At CTL, net operating...Read more
Net operating revenue increased by...Read more
In PLN In US dollars...Read more
Net operating revenue increased by...Read more
Earnings from operations decreased by...Read more
Net earnings decreased by ($2.9)...Read more
Revenue increased at all locations...Read more
The effective tax rate in...Read more
Interest expense ? Interest expense...Read more
The net loss attributable to...Read more
We have been focusing on...Read more
Our cash flows from operations...Read more
This increased the net loss...Read more
This increased the net loss...Read more
In addition, we had a...Read more
For the year ended December...Read more
MCE has an exclusive concession...Read more
The net proceeds from the...Read more
? Net operating revenue for...Read more
As a result, our revenue...Read more
The effective tax rate in...Read more
The thoroughbred races have generated...Read more
Earnings from operations at CBS...Read more
Our effective income tax rate...Read more
In PLN In US dollars...Read more
We believe that our cash...Read more
Delays by the Polish government...Read more
The increased revenue was due...Read more
The Tax Act, enacted on...Read more
At CSA, operating expenses increased...Read more
We do not have any...Read more
Losses from operations attributable to...Read more
Financial Statements, Disclosures and Schedules
Inside this 10-K Annual Report
Material Contracts, Statements, Certifications & more
Century Casinos Inc provided additional information to their SEC Filing as exhibits
Ticker: CNTY
CIK: 911147
Form Type: 10-K Annual Report
Accession Number: 0000911147-19-000008
Submitted to the SEC: Fri Mar 08 2019 1:29:23 PM EST
Accepted by the SEC: Mon Mar 11 2019
Period: Monday, December 31, 2018
Industry: Hotels And Motels