secwatch.observer — SEC 8-K summary
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Issuer:     CENTURY CASINOS INC /CO/ (CNTY)
CIK:        0000911147
Form:       8-K
Filed at:   2023-05-09T23:59:59+00:00
Accession:  0000911147-23-000040
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Q1 revenue up 5% to $108.5M but net loss widens to $1.2M on interest costs
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- Net loss attributable to shareholders of ($1.2M) vs $0.2M profit in prior year; loss per share ($0.04).
- Adjusted EBITDA $26.1M (+9% YoY); earnings from operations $18.4M (+41%).
- Interest expense rose $6.8M to $17.5M on $176.9M additional debt from $100M OpCo escrow.
- Nugget Casino Resort acquisition closed April 3, 2023 for $100M, funded from escrow; integration underway.
- Book value per share $4.70 at March 31, 2023; cash and equivalents $102.7M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/911147/000091114723000040/0000911147-23-000040-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/911147/000091114723000040/cnty-20230508x8k.htm
  HTML page:      https://secwatch.observer/filing/0000911147-23-000040

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