---
schema_version: "secwatch.filing_event.v1"
accession: "0000911147-23-000043"
form_type: "8-K"
ticker: "CNTY"
cik: "0000911147"
company_name: "CENTURY CASINOS INC /CO/"
filed_at: "2023-05-17T23:59:59+00:00"
generated_at: "2026-06-14T22:57:27.539331+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Century Casinos enters $164.4M sale-leaseback with VICI for four Canadian properties

## Summary
- Purchase price CAD 221.7M ($164.4M); net proceeds to Century ~CAD 154.5M (~$114.6M).
- Properties added to VICI master lease, annual rent increases CAD 17.3M ($12.8M) at 7.8% cap rate.
- Lease extended to 15-year initial term with four 5-year renewal options; rent coverage ~2.0x.
- Proceeds planned for Nugget improvements, corporate use, potential debt paydown, buybacks or special dividend.
- Transaction expected to close H2 2023, subject to regulatory approvals.

## SEC filing metadata
- accession: 0000911147-23-000043
- form_type: 8-K
- ticker: CNTY
- cik: 0000911147
- company_name: CENTURY CASINOS INC /CO/
- filed_at: 2023-05-17T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/911147/000091114723000043/0000911147-23-000043-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/911147/000091114723000043/cnty-20230516x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000911147-23-000043
- JSON: https://secwatch.observer/filing/0000911147-23-000043.json
- Plain text: https://secwatch.observer/filing/0000911147-23-000043.txt

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