EANS-News: Century Casinos announces Joint Venture in Argentina

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Company Information

Colorado Springs, Colorado, November 4, 2014 - Century Casinos, Inc. (NASDAQ
Capital Market®: CNTY) announced today that the company has acquired a 7.5%
stake in Mendoza Central Entretenimientos S.A. ("MCE") for USD 1 million and has
secured a three-year option to increase its stake in MCE to 50% at a price equal
to five times MCE's EBITDA, minus MCE's debt.

MCE has the exclusive long-term concession agreement with the Provincial
Institute of Gaming and Casinos of the Province of Mendoza to lease slot
machines and provide technical services to the Casino de Mendoza, which is owned
by the Province of Mendoza. Currently, MCE has placed 600 slot machines at the
Casino de Mendoza and, in return, receives 43% of the revenue generated by the
slot machines.

Century's partners in MCE are affiliates of Uno Medios, one of Argentina's
largest multimedia holding companies dedicated to Television, Radio, Graphic
Design, Cable TV, Internet, Advertising and Digital Media. Uno Medios was
founded in 1983, with the acquisition of Radio Nihuil Mendoza by the Vila
family.

MCE's goal is to grow in the land-based and on-line gaming industry in Argentina
as well as throughout Latin America and for this reason has chosen Century
Casinos as its strategic partner. Century and MCE have entered into a Consulting
Services Agreement, under which Century will assist MCE in various matters,
including but not limited to project assessment, compliance and operating
procedures, staff training and to provide general casino management know-how. In
return, Century will receive a fixed monthly consulting fee, plus a percentage
of MCE's EBITDA.

Argentina has an approximate population of 41 million, ca. 27.5 million internet
users, a rapidly increasing broadband penetration and is one of the largest
Spanish-speaking gaming markets in the world. Similar to the USA, there is no
standardized set of gaming legislation at the national/federal level, but the
Provinces have the authority to regulate and control gaming activities.

About Century Casinos, Inc.:
Century Casinos, Inc. is an international casino entertainment company that
operates 30 casinos worldwide. The Company 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 15 luxury cruise vessels (Regatta, Nautica, Insignia,
Marina, Riviera, Mein Schiff 1, Mein Schiff 2, Mein Schiff 3, Wind Surf, Wind
Star, Wind Spirit, Star Pride, Seven Seas Voyager, Seven Seas Mariner and Seven
Seas Navigator) and the casino on the cruise ferry Nova Star. Through its
Austrian subsidiary, Century Casinos Europe GmbH, the Company holds a 66.6%
ownership interest in Casinos Poland Ltd, the owner and operator of nine casinos
in Poland. The Company also manages the operations of the casino at the Radisson
Aruba Resort, Casino & Spa in Aruba, Caribbean. The Company is currently
developing a project in the north metropolitan area of Calgary, Alberta, Canada
that will include a horse race track and other gaming, restaurant and
entertainment facilities. 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® under the symbol CNTY.

This release may contain "forward-looking statements" within the meaning of
Section 27A of the Securities Act of 1933, as amended, Section 21E of the
Securities Exchange Act of 1934, as amended, and 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, statements regarding future results of operations (including results
for Casinos Poland, Ltd.), operating efficiencies, synergies and operational
performance, development of and the prospects for the REC project, debt
repayment and plans for our casinos and our Company. 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 section entitled "Risk Factors" under
Item 1A in our Annual Report on Form 10-K for the year ended December 31, 2013.
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.

Further inquiry note:
Century Casinos Europe GmbH
Mag. Peter Hötzinger, CO-CEO
Tel.:0664/3553935
mailto:peter.hoetzinger@cnty.com
http://www.cnty.com
end of announcement euro adhoc
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company:     Century Casinos,Inc.
             c/o Century Casinos Europe GmbH, Untere Viaduktgasse 2
             A-1030 Wien
phone:       +43/664/3553935
FAX:         +43/1/5336363
mail:        peter.hoetzinger@cnty.com
WWW:         www.cnty.com
sector:      Casinos & Gambling
ISIN:        -
indexes:

stockmarkets:
language: English

ORIGINAL APA-OTS TEXT - THE INFORMATION CONTAINED IN THIS PRESS RELEASE IS SUBJECT TO THE EXCLUSIVE RESPONSIBILITY OF THE ISSUER | CNE

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