secwatch.observer — SEC 8-K summary
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Issuer:     CENTURY CASINOS INC /CO/ (CNTY)
CIK:        0000911147
Form:       8-K
Filed at:   2022-12-05T23:59:59+00:00
Accession:  0000911147-22-000071
Event type: other_material
Sentiment:  positive
Materiality: 0.70
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Century Casinos breaks ground on $51.9M Caruthersville project; VICI rent to rise $4.2M/yr
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- $51.9M land-based casino/hotel project broke ground Dec 2; 650 slot machines, 38-room hotel targeted late 2024.
- Project financed via Master Lease amendment with VICI Properties; annual rent increases $4.2M after completion.
- Grand opening of Farmstead 36-room hotel ($3.7M renovation) provides interim lodging until new hotel opens.
- Casino relocated from riverboat to temporary pavilion due to low Mississippi River levels; completion expected by end of 2022.
- New developments protected by flood wall, eliminating future river-level disruptions to casino operations.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/911147/000091114722000071/0000911147-22-000071-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/911147/000091114722000071/cnty-20221201x8k.htm
  HTML page:      https://secwatch.observer/filing/0000911147-22-000071

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