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Century Casinos acquires majority interest in Casinos Poland


2012-10-12



Century Casinos, an international casino entertainment company listed on the NASDAQ and in Vienna, on 11 October announced that it has agreed to acquire an additional 33.3% of shares in Casinos Poland (CPL), the number one casino operator in Poland, from LOT, the Polish flag air carrier. The transaction, which is subject to approval by CPL’s co-shareholders, the Ministry of Finance and Polish Airports (PPL), would lift Century Casinos’ stake in the company to 66.6%.

CPL controls 46% of the Polish casino market, with a network of eight casinos.

Century Casinos owns casinos in the US, Canada, Aruba, and aboard luxury sailing vessels.



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