Century Casinos plans to open casino in Warsaw, Poland

(PRESS RELEASE) -- Century Casinos, Inc. announced today that its subsidiary Casinos Poland Ltd. received approval from the Ministry of Finance to move its second casino license in Warsaw to a different location.

The license currently operated at LIM center on a gaming floor of less than 3,000 square feet will be moved to a 17,000 square foot gaming floor situated at the Hilton hotel in Warsaw. The location is well established, as Casinos Poland's main competitor in the Warsaw market used to operate its flagship casino there until their casino license expired in late 2016. Casinos Poland will refurbish the new venue, which will offer approximately 24 gaming tables and 70 slot machines and plans to open it in the second half of Q2 2017.

"We are excited about this new location and believe it has the potential to contribute significantly to Casinos Poland's successful performance," said Erwin Haitzmann and Peter Hoetzinger, Co-Chief Executive Officers of Century Casinos.