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Century Casinos history
Century Casinos company history timeline
In September 1993, Century Casinos acquired out of foreclosure Terp's Casino in Central City, Colorado, 30 miles west of Denver, for $1.45 million.
In March 1994, Century Casinos obtained a gaming license from the Louisiana State Police to operate a riverboat casino near New Orleans, in St Charles Parish.
Hospitality Franchise Systems (HFS) joined the project as a joint venture partner in 1994.
In 1997, after one full year of ownership in Womacks, revenues reached $19.6 million with a net loss of $543,000.
In May 1998, this factor contributed to the failure of a consortium to obtain a gaming license in the South African province of Gauteng.
That year, Womacks generated $22.7 million in net operating revenue, a 19.4 percent increase over 1998.
The company announced an agreement in 1998 to manage and co-own a casino to be built in a Marriott hotel in Prague.
With groundbreaking in 1999, Century Casinos received an additional $1 million.
The inaugural voyage of the Silver Shadow took place in September 2000, and the original two ships sailed in October and November, respectively.
In 2000, Century was awarded a license for a casino in Caledon, South Africa, which it would manage and co-own.
The Silver Whisper began sailing in June 2001.
In early 2001, the company transformed the second floor of Womacks into ten luxury hotel rooms, completing construction in July for a total of 18 hotel rooms.
Passenger traffic declined after the September 11, 2001 terrorist attacks on the World Trade Center and Pentagon, however, leading Silversea to suspend service on the Silver Wind in October 2001.
In November 2001, the company joined a consortium to seek a gaming license in the beach resort town of Punta del Este, Uruguay.
In 2001, Century agreed to co-develop another casino in South Africa, to be built in the province of Gauteng.
In 2006, the company opened a Century Casino & Hotel in Central City, Colorado and another property by the same name in Edmonton, Alberta.
In 2007, the company paid $8.7 million to acquire a 33 percent stake in Casinos Poland.
In 2009, Century sold its casinos in Prague and South Africa.
The combined property would take on the Century Casino name in 2010.
Next, the company financed the development of the Century Downs Racetrack and Casino near Calgary, which it also managed from its opening in 2015.
In October 2016, Century acquired the Apex Casino in St Albert for $12.3 million, and then renamed it as Century Casino St Albert.
The management agreement ended in 2017.
The company made moves to expand into two new markets in 2017.
The Bath casino opened in May 2018.
In 2019, Century bought the operating businesses of three casinos in Missouri and West Virginia from Eldorado Resorts for $107 million.
It closed in 2020 because of poor financial results and changes in British casino regulations.
In 2021, Century announced that the company will partner with British online Sports gambling company Bet365 to launch sports betting operations in the state of Colorado.
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Century Casinos competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Poker Palace | 1974 | $7.5M | 200 | 13 |
| Evangeline Downs Racetrack & Casino | 1966 | $14.0M | 750 | 4 |
| Commerce Casino | 1983 | $230.0M | 2,600 | - |
| Ellis Island Casino & Brewery | 1968 | $20.7M | 200 | 33 |
| Deadwood Gulch | - | $1.8M | 5 | - |
| Jerry's Nugget Casino | 1964 | $17.5M | 500 | - |
| Choctaw Casinos & Resorts | 1987 | $16.0M | 350 | 1 |
| Creek Nation Casino Jobs | 1993 | $13.0M | 175 | - |
| St. Croix Casinos | 1992 | $420,000 | 6 | - |
| Hollywood Park Casino | 1994 | - | 710 | 7 |
Century Casinos history FAQs
Zippia gives an in-depth look into the details of Century Casinos, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Century Casinos. The employee data is based on information from people who have self-reported their past or current employments at Century Casinos. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Century Casinos. The data presented on this page does not represent the view of Century Casinos and its employees or that of Zippia.
Century Casinos may also be known as or be related to CENTURY CASINOS INC CO, Century Casinos, Century Casinos Inc and Century Casinos, Inc.