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Century Casinos Opens New Hotel and Casino Destination in Missouri

Century Casinos Opens New Hotel and Casino Destination in Missouri

The Exciting Launch of Century Casino & Hotel

Century Casinos, Inc. (NASDAQ: CNTY) is thrilled to announce the grand opening of its latest venture, a striking land-based casino and hotel that has just opened its doors letting excitement fill the air. This expansive establishment is located in Caruthersville and marks a significant expansion of Century Casinos' footprint in the gaming and hospitality sector.

A New Era for Gaming in Caruthersville

Spanning an impressive 26,000 square feet, the new casino offers a wealth of opportunities for entertainment and gaming. With 599 slot machines and nine live table games, visitors will find 50% more gaming positions available compared to the previous temporary setup. Additionally, patrons can enjoy a vibrant restaurant and bar, alongside 74 well-appointed hotel rooms, making it a complete hospitality destination.

Significant Investment in the Project

The development of this exciting new venue reflects a total investment of $51.9 million, funded through VICI Properties Inc. As part of a strategic partnership, VICI owns the real estate improvements associated with the Caruthersville project, which is integrated into the Company's comprehensive triple net master lease agreement with its subsidiaries.

Transforming the Entertainment Landscape

Erwin Haitzmann and Peter Hoetzinger, Co-Chief Executive Officers of Century Casinos, expressed their enthusiasm for the project's completion. They noted the remarkable transformation from the last remaining riverboat on the Mississippi River to a full-fledged destination resort. The new casino offers patrons a complete entertainment experience with a proper gaming floor, dining options, hotel accommodations, and even an RV park.

Targeting Broader Audience Appeal

The opening of this casino and hotel is not just about expanding operations; it aims to elevate the overall entertainment experience for guests. The management team looks forward to attracting customers from across Missouri, Tennessee, and Arkansas, enhancing regional tourism and providing an inviting atmosphere for all visitors.

About Century Casinos, Inc.

Century Casinos, Inc. is a prominent player in the casino entertainment industry. The company's operations span across various locations in the United States and internationally. In the east, the company operates the Mountaineer Casino, Resort & Races and Rocky Gap Casino, Resort & Golf, while its Midwest operations include the Century Casino & Hotels in Cape Girardeau and Caruthersville, and facilities in Cripple Creek and Central City, Colorado. Beyond U.S. borders, Century Casinos operates several establishments in Alberta, Canada, and Poland, continuously exploring new opportunities for growth.

Trading on The Nasdaq Capital Market under the ticker symbol CNTY, Century Casinos is committed to creating outstanding gaming and leisure experiences. For more insights about Century Casinos and its offerings, the company's website provides a wealth of information available to visitors.

Frequently Asked Questions

What is the significance of the Century Casino & Hotel opening?

This opening enhances Century Casinos' portfolio, providing a state-of-the-art gaming and hospitality destination.

Where is the new Century Casino & Hotel located?

The new casino and hotel is situated in Caruthersville, Missouri.

What entertainment options are available at the casino?

The casino features 599 slot machines, nine live table games, a bar, and a restaurant to ensure a fully enjoyable experience.

How many hotel rooms are available at the new location?

The new facility offers a total of 74 hotel rooms for guests.

What is the future plan for Century Casinos?

Century Casinos aims to expand its reach and enhance entertainment experiences, attracting customers from new regions.

About The Author

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The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

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