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4-Traders Homepage  >  Equities  >  Nasdaq  >  Century Casinos, Inc.    CNTY

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CENT CASINO MAN : Century Casinos to present at the Börse-Informationstag in Linz, Austria

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05/20/2011 | 05:35pm CEST

20.05.2011

Century Casinos to present at the Börse-Informationstag in Linz, Austria

Colorado Springs, Colorado, May 20, 2011 – Century Casinos, Inc. (NASDAQ Capital Market® and Vienna Stock Exchange: CNTY) announced today that the company will attend the Börse-Informationstag hosted by the Vienna Stock Exchange on May 26, 2011 in Linz, Austria. Peter Hoetzinger, President & Co CEO, will present the company and hold one-on-one meetings with selected institutional investors.

The company presentation will be available at the company's website under corporate.cnty.com/investor-relations/presentations-and-interviews/ on May 26, 2011.

About Century Casinos, Inc.:

Century Casinos, Inc. is an international casino entertainment company that owns and operates Century Casino & Hotels in Cripple Creek and Central City, Colorado, and in Edmonton, Alberta, Canada and the Century Casino in Calgary, Alberta, Canada. The Company also operates casinos aboard twelve luxury cruise vessels (Regatta, Insignia, Nautica, Marina, Mein Schiff 1, Mein Schiff 2, Wind Surf, Wind Star, Wind Spirit, Seven Seas Voyager, Seven Seas Mariner and Seven Seas Navigator) and signed a contract for an additional casino on board of Oceania Cruises' Riviera that is expected to start operations in the coming months. Through its Austrian subsidiary, Century Casinos Europe GmbH, the Company holds a 33.3% ownership interest in Casinos Poland Ltd., the owner and operator of seven full casinos in Poland. The Company also manages the casino at the Radisson Aruba Resort, Casino & Spa in Aruba, in the Caribbean. Century Casinos, Inc. continues to pursue other international projects in various stages of development.

For more information about Century Casinos, visit our website at www.centurycasinos.com. Century Casinos' common stock trades on The NASDAQ Capital Market® and the Vienna Stock Exchange under the symbol CNTY.

This release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the beliefs and assumptions of the management of Century Casinos based on information currently available to management. Such forward-looking statements include, but are not limited to, future results of operations, expected competition, the impact of new gaming laws, plans for our casinos and the impact of the economic downturn. Such forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from future results expressed or implied by such forward-looking statements. Important factors that could cause actual results to differ materially from the forward-looking statements include, among others, the risks described in the sections entitled "Risk Factors" under Item 1A in our Annual Report on Form 10-K for the year ended December 31, 2010. Century Casinos disclaims any obligation to revise or update any forward-looking statement that may be made from time to time by it or on its behalf.

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Financials ($)
Sales 2017 154 M
EBIT 2017 19,7 M
Net income 2017 11,4 M
Debt 2017 -
Yield 2017 -
P/E ratio 2017 16,30
P/E ratio 2018 15,85
Capi. / Sales 2017 1,19x
Capi. / Sales 2018 1,18x
Capitalization 183 M
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Consensus
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Buy
Mean consensus OUTPERFORM
Number of Analysts 4
Average target price 9,14 $
Spread / Average Target 22%
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Managers
NameTitle
Erwin Haitzmann Chairman & Co-Chief Executive Officer
Peter Hoetzinger Vice Chairman, President & Co-CEO
Andreas Terler Chief Information Officer & VP-Operations
Margaret M. Stapleton Chief Financial Officer, Secretary, CAO & EVP
Robert S. Eichberg Independent Non-Executive Director
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