---
schema_version: "secwatch.filing_event.v1"
accession: "0000911147-22-000034"
form_type: "8-K"
ticker: "CNTY"
cik: "0000911147"
company_name: "CENTURY CASINOS INC /CO/"
filed_at: "2022-04-05T23:59:59+00:00"
generated_at: "2026-06-26T09:39:16.270630+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Century Casinos completes $95M acquisition of 50% interest in Nugget Casino property company, secures $350M term loan

## Summary
- Completed acquisition of 50% membership interest in PropCo (owns Nugget Casino Resort land and building) from Marnell Gaming for $95M.
- New $350M term loan and $30M revolver from Goldman Sachs; proceeds used for acquisition, refinancing $167M debt, and OpCo escrow.
- OpCo purchase (100% of Nugget operator) for $100M expected within one year, subject to Nevada Gaming Commission approval.
- PropCo and OpCo entered 15-year triple net lease with $15M annual rent; Century gets $1.9M quarterly as its share.
- Century has five-year option to acquire remaining 50% of PropCo for $105M plus 2% per annum.

## SEC filing metadata
- accession: 0000911147-22-000034
- form_type: 8-K
- ticker: CNTY
- cik: 0000911147
- company_name: CENTURY CASINOS INC /CO/
- filed_at: 2022-04-05T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 1.02, 2.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/911147/000091114722000034/0000911147-22-000034-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/911147/000091114722000034/cnty-20220401x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000911147-22-000034
- JSON: https://secwatch.observer/filing/0000911147-22-000034.json
- Plain text: https://secwatch.observer/filing/0000911147-22-000034.txt

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