secwatch.observer — SEC 8-K summary
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Issuer:     CENTURY CASINOS INC /CO/ (CNTY)
CIK:        0000911147
Form:       8-K
Filed at:   2025-11-10T23:59:59+00:00
Accession:  0000911147-25-000048
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Century Casinos Q3 net loss widens to $10.5M; goodwill impairment restatement pending
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- Net loss of $10.5M ($0.35/sh) vs $8.1M loss a year ago; revenue down 1% to $153.7M.
- Adjusted EBITDAR fell 6% to $31.1M; US West & Poland weakness offset East/Midwest growth.
- Restating 2024 FY and Q1/Q2 2025 due to material error in Rocky Gap goodwill impairment calculation.
- Partnered with BetMGM for Missouri online/mobile sports betting; launch expected Dec 1, 2025.
- Cash $77.7M, debt $338.7M; Goldman credit facility leverage covenant not met but no outstanding revolver.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/911147/000091114725000048/0000911147-25-000048-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/911147/000091114725000048/cnty-20251110x8k.htm
  HTML page:      https://secwatch.observer/filing/0000911147-25-000048

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