secwatch.observer — SEC 8-K summary
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Issuer:     CENTURY CASINOS INC /CO/ (CNTY)
CIK:        0000911147
Form:       8-K
Filed at:   2023-08-08T23:59:59+00:00
Accession:  0000911147-23-000059
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Century Casinos reports Q2 net loss of $2.0M on revenue $136.8M, up 23%
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- Net loss attributable to shareholders ($2.0M) vs $8.9M profit in Q2 2022; EPS loss $0.06.
- Revenue record $136.8M, +23% YoY, driven by Nugget Casino Resort acquisition; construction disruptions in Missouri.
- Closed Rocky Gap Casino Resort acquisition for $61.2M on July 25; funded with $30M revolver draw and cash.
- Announced sale of Canadian real estate to VICI for CAD 221.7M; close expected Q3 2023.
- Adjusted EBITDA $29.3M, -2% YoY; US segment +15%, Canada -8%, Poland -31%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/911147/000091114723000059/0000911147-23-000059-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/911147/000091114723000059/cnty-20230807x8k.htm
  HTML page:      https://secwatch.observer/filing/0000911147-23-000059

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