Century Casinos Inc (NASDAQ: CNTY) is a casino entertainment company that owns and operates casino, hotel, and resort properties across the United States, Canada, and Europe. Revenue comes from gaming operations at each property, supplemented by hotel, food and beverage, and ancillary amenity sales at the same facilities. The company operates in competitive regional and destination markets, with properties in Colorado, Nevada, Maryland, Missouri, West Virginia, Alberta (Canada), and Poland, facing dozens of competing casinos within close proximity at several locations. As of December 31, 2025, the company employed 2,911 full-time and 845 part-time employees. The company is co-led by Co-Chief Executive Officers Erwin Haitzmann (Chairman) and Peter Hoetzinger (Vice Chairman and President), both long-tenured gaming industry executives. Capital deployment includes a share repurchase plan of up to $1.5 million announced January 2, 2026, expiring May 10, 2026.

Revenue model

Transactional gaming revenue from casino floor operations, combined with hotel room sales, food and beverage sales, and event and amenity fees at integrated resort properties.

Products and services

Casino gaming floors, hotel accommodations, food and beverage venues, sports betting (including mobile apps and sportsbooks in Colorado and Missouri), golf courses (Rocky Gap, Maryland), event centers, spa facilities, RV parks, and concert and entertainment venues including an 8,500-seat outdoor event center at The Nugget in Reno-Sparks, Nevada.

Customers and end markets

Regional gaming customers seeking casino entertainment, hotel guests, convention and event customers, and leisure travelers. End markets include leisure and hospitality spending in regional U.S. markets, Canadian markets in Alberta, and European markets in Poland.

Value-chain role

Owner-operator of casino resort properties. The company directly manages casino floors, hotels, and amenities, with union labor agreements at Mountaineer (West Virginia), Rocky Gap (Maryland), and CPL casinos in Poland. Sports betting is operated in partnership with a third-party sports betting operator using Colorado master licenses held by Century's subsidiaries.

Geographic exposure

United States: Colorado (Cripple Creek, Central City), Nevada (Reno-Sparks), Maryland (Flintstone), Missouri (Caruthersville, Cape Girardeau), West Virginia. Canada: Alberta (Edmonton market). Europe: Poland (CPL casinos).

Competitors

11 competitors within a half mile of CRC in Cripple Creek, Colorado (as of 10-K filed 2026-03-18), 20 competitors within a mile of CTL in Central City/Black Hawk, Colorado (as of 10-K filed 2026-03-18), 20+ casinos in the Reno-Sparks, Nevada market (as of 10-K filed 2026-03-18), 5 competitors in the Edmonton, Alberta market (as of 10-K filed 2026-03-18)

Source: SEC 10-K, filed 2026-03-18

Industry: Hotels & Motels Peers: Accel Entertainment Inc PlayAGS, Inc. Bally's Corp Canterbury Park Holding Corp Rush Street Interactive, Inc. Full House Resorts Inc Inspired Entertainment Inc Las Vegas Sands Corp