Century Casinos Q1 net loss widens to $20.6M; revenue down 4% to $130.4M

CENTURY CASINOS INC /CO/

2025-Q1 EPS reported -$0.67 revenue$130,443,000

Net loss per share ($0.67) vs ($0.45) in Q1 2024; net loss attributable to CNTY shareholders ($20.6M) vs ($13.5M).
Net operating revenue $130.4M, down 4% YoY; U.S. segment revenue $93.3M (-3%), Canada $16.5M (-10%), Poland $20.6M (-5%).
Adjusted EBITDAR $20.2M, down 5% from $21.3M; margin held at 16% despite severe weather impacts and lost sports betting revenue.
Cash and equivalents $84.7M (down from $98.8M at Dec 2024); total debt $339.6M; Consolidated First Lien Net Leverage Ratio above 5.50x.
New Caruthersville casino opened Nov 2024; second Poland license for Wroclaw awarded, expects Q4 2025 opening.

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