---
schema_version: "secwatch.filing_event.v1"
accession: "0000911147-22-000004"
form_type: "8-K"
ticker: "CNTY"
cik: "0000911147"
company_name: "CENTURY CASINOS INC /CO/"
filed_at: "2022-02-23T23:59:59+00:00"
generated_at: "2026-06-27T05:48:04.324337+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Century Casinos to acquire Nugget Casino Resort for $195M, financed by Goldman Sachs

## Summary
- Acquires 50% of PropCo (land/building) for $95M and 100% of OpCo for $100M; total enterprise value $195M.
- Five-year option to buy remaining 50% of PropCo for $105M plus 2% annual interest.
- Goldman Sachs committed $350M term loan and $30M revolver; pro forma net leverage ~3.0x.
- Nugget 2021 preliminary: revenue $100.4M, Adj. EBITDA $32.8M; acquisition multiple 5.6x EBITDA.
- PropCo & financing close early Q2 2022; OpCo close within 1 year subject to Nevada Gaming approval. Deal immediately accretive.

## SEC filing metadata
- accession: 0000911147-22-000004
- form_type: 8-K
- ticker: CNTY
- cik: 0000911147
- company_name: CENTURY CASINOS INC /CO/
- filed_at: 2022-02-23T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/911147/000091114722000004/0000911147-22-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/911147/000091114722000004/cnty-20220222x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000911147-22-000004
- JSON: https://secwatch.observer/filing/0000911147-22-000004.json
- Plain text: https://secwatch.observer/filing/0000911147-22-000004.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.