secwatch.observer — SEC 8-K summary
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Issuer:     CENTURY CASINOS INC /CO/ (CNTY)
CIK:        0000911147
Form:       8-K
Filed at:   2023-04-04T23:59:59+00:00
Accession:  0000911147-23-000034
Event type: m_and_a
Sentiment:  positive
Materiality: 0.70
Item codes: 2.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Century Casinos completes $100M acquisition of Nugget Casino Resort in Sparks, NV
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- Acquisition of Nugget Casino Resort operations from Marnell Gaming for ~$100M closed April 3, 2023.
- Financed with funds borrowed from existing Goldman Sachs USA credit agreement.
- Property includes 71,200 sq ft casino, 892 slot machines, 29 table games, 1,382 hotel rooms.
- Pro forma 2022 net operating revenue $529.6M, adjusted EBITDA $129.9M including Nugget.
- Portfolio expanded to 18 casinos worldwide; first Nevada property.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/911147/000091114723000034/0000911147-23-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/911147/000091114723000034/cnty-20230403x8k.htm
  HTML page:      https://secwatch.observer/filing/0000911147-23-000034

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