Century Casinos reported third-quarter operating revenue of $155.7 million, down 3% year on year, while earnings rose 24% to $17.9 million. The company also reported a net loss of $8.1 million, 43% below the loss in the same quarter of 2023.
The results give investors and suppliers an update on Century Casinos’ revenue and earnings performance.
Quarter ended 30 June 2026
The day’s most important stories, free. One email a day.
Century Casinos reported operating revenue of $153.7m for the third quarter, down 1%, and an operating loss of $10.5m, which widened 30% year on year. Co-CEO Peter Hoetzinger attributed the cash-flow shortfall to costs from winding down the company’s Hilton-branded property in Poland. Century said it expects to open a new Wroclaw casino early next year and anticipates beginning Missouri online sports betting with BetMGM on 1 December.
Century Casinos reported a $12.3 million net loss for the second quarter and said it had begun a strategic review after receiving expressions of interest from third parties. The company said options could include asset sales, partnerships or a sale of the business, but no decisions or commitments had been made and the board had set no timetable.
Century Casinos chief executive Peter Hoetzinger attributed adverse results in the first quarter to weather and the loss of its Colorado sportsbook provider. He reported monthly cash flow rising from $3 million in January to $10.5 million in March, and said the company was finalising sportsbook partnerships for its Missouri casinos.
Century Casinos reported fourth-quarter 2024 operating revenue of $137.8 million, down 4%, and a net loss of $36.2 million, which increased 388%. The company recorded a one-time $43.7 million impairment on Nugget Casino Resort and said weak retail and low-end customer trends were affecting spending in its markets. It ended the quarter with $99 million in cash and $340 million in long-term debt.
Century Casinos reported second-quarter 2024 net operating revenue of $146.4 million, up 7% year on year. Operating earnings fell 23% to $14.3 million, while adjusted EBITDAR decreased 6% to $27.4 million, the company said. The co-chief executives cited temporary closures of two Polish casinos and performance at the Nugget Casino Resort among factors affecting results.