Century Casinos is considering divesting its Alberta casinos, co-CEO Erwin Heitzmann said on a quarterly earnings call on 13 March. The company is also pursuing a sale of its Polish operations; Canadian quarterly revenue fell 7% and EBITDA declined 17%.
A possible sale could change the operator of Century’s four Alberta casinos.
Quarter ended 30 June 2026
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VICI Properties reported third-quarter 2026 revenue of $1.1 billion, up 5.8% year on year, while profit fell 55.1% to $342.5 million. The company said it refinanced its remaining 2026 debt maturities through a $1.75 billion notes offering in August and ended the quarter with $270.3 million in cash and $17.2 billion in long-term debt.
Century Casinos agreed to sell the racing and gaming operations at Century Mile and Century Downs in Alberta to Highfield Investment Group for US$16.4 million (CAD$23.2 million). The transaction is expected to close in Q4 2026 or Q1 2027, subject to regulatory approvals and other closing conditions; Century said it intends to use the proceeds to reduce debt.
Caesars Entertainment has denied speculation that its Planet Hollywood or Flamingo properties in Las Vegas are being sold. The rumours followed Fertitta Entertainment’s planned $17.6 billion acquisition of Caesars, which is expected to close next year; the source says neither property is currently up for sale.
Rumours that Planet Hollywood or Flamingo could be sold are inaccurate, the source reports. The speculation followed Fertitta Entertainment’s $17.6bn acquisition of Caesars Entertainment. The purchase is expected to close next year.
Churchill Downs authorised a new US$750 million share repurchase programme, replacing its earlier US$500 million authorisation; US$306 million remained under that plan as of 27 October 2026. VICI Properties authorised a programme to repurchase up to US$2.0 billion of its common shares, which runs until 30 September 2029, according to company statements.
It was reported that Century Casinos was considering sales of its Alberta casinos to reduce debt and improve shareholder value. Executives also ruled out entry into Alberta’s online gambling market.