Release date- 06112015 - Colorado Springs, Colorado - Century Casinos, Inc. (NASDAQ Capital Market: CNTY) today announced its financial results for the three and nine months ended September 30, 2015.
Third Quarter 2015 Highlights*
Net operating revenue was $33.5 million, a 19% increase from the three months ended September 30, 2014.
Adjusted EBITDA** was $6.7 million, a 133% increase from the three months ended September 30, 2014.
Net earnings attributable to Century Casinos, Inc. shareholders were $2.7 million, a 243% increase from the three months ended September 30, 2014.
Earnings per share were $0.11.
Book value per share*** at September 30, 2015 was $5.04.
The period over period increases in net operating revenue, Adjusted EBITDA** and net earnings attributable to Century Casinos, Inc. shareholders relate to the operating results of Century Downs Racetrack and Casino ('CDR') and Century Bets!, Inc. ('CBS'). CDR opened its casino on April 1, 2015 and held its first horse race on April 25, 2015. The Company owns 75% of CDR through one of its subsidiaries. CBS began operating the pari-mutuel network in southern Alberta on May 4, 2015. The Company owns 75% of CBS through one of its subsidiaries.
See full release at: http://corporate.cnty.com/media-pr/press-releases/detail-view/?tx_ttnews%5Btt_news%5D=1694&cHash=50d075f26dfb58b397a3cfa1e9db0083
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