secwatch.observer — SEC 8-K summary
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Issuer:     CENTURY CASINOS INC /CO/ (CNTY)
CIK:        0000911147
Form:       8-K
Filed at:   2025-05-12T23:59:59+00:00
Accession:  0000911147-25-000025
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/911147/000091114725000025/0000911147-25-000025-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/911147/000091114725000025/cnty-20250509x8k.htm
  HTML page:      https://secwatch.observer/filing/0000911147-25-000025

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