secwatch.observer — SEC 8-K summary
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Issuer:     CENTURY CASINOS INC /CO/ (CNTY)
CIK:        0000911147
Form:       8-K
Filed at:   2022-03-14T23:59:59+00:00
Accession:  0000911147-22-000014
Event type: m_and_a
Sentiment:  positive
Materiality: 0.85
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/911147/000091114722000014/0000911147-22-000014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/911147/000091114722000014/cnty-20220314x8k.htm
  HTML page:      https://secwatch.observer/filing/0000911147-22-000014

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