secwatch.observer — SEC 8-K summary
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Issuer:     CENTURY CASINOS INC /CO/ (CNTY)
CIK:        0000911147
Form:       8-K
Filed at:   2026-09-29T20:08:01+00:00
Accession:  0000911147-26-000047
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4.1-flash:cloud@v2

Century Casinos to sell Century Mile and Century Downs racetracks to Highfield for $16.4M
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- Purchase price approximately $16.4 million (CAD 23.2 million at 0.7074 CAD/USD), a 6.1x multiple of FY 2025 EBITDA.
- Buyer is Highfield Investment Group Inc.; agreement signed September 24, 2026, with closing expected in Q4 2026 or Q1 2027.
- Century Casinos owns 100% of Century Mile in Edmonton and 75% of Century Downs in Calgary; noncontrolling partners own the other 25%.
- VICI Properties owns the real estate; at closing the Master Lease is amended to remove both properties, cutting annual rent by about $7.5 million (CAD 10.7 million), with Highfield as new tenant.
- Proceeds will reduce indebtedness and are expected to lower pro forma lease-adjusted net leverage; Macquarie Capital advised, Field Law was counsel.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/911147/000091114726000047/0000911147-26-000047-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/911147/000091114726000047/cnty-20260924x8k.htm
  HTML page:      https://secwatch.observer/filing/0000911147-26-000047

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