Century Casinos to acquire Nugget Casino Resort and 50% of Smooth Bourbon for $195M

CENTURY CASINOS INC /CO/

Acquisition price $195M from Marnell Gaming; includes 100% of Nugget Sparks (Nugget Casino Resort) and 50% of Smooth Bourbon.
Financing via new $350M senior secured term loan facility arranged by Goldman Sachs.
Nugget Casino Resort FY2021 net operating revenue $100.4M and net income $16.0M.
Deal expected to close in 2022 subject to regulatory approvals and conditions.

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