Century Casinos considers divesting Polish and Canadian assets after shareholder challenge
Century Casinos executives said on the 13 March earnings call that selling assets was under consideration after shareholders urged the company to focus on its US properties. Co-CEO Peter Hoetzinger said overseas real estate had been sold and a Canadian pullback was being considered; a joint-ownership agreement complicates a Polish exit.
Investors should weigh possible asset sales and regional withdrawals against the complications of Century Casinos’ Polish ownership agreement.