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<SEC-DOCUMENT>0001169232-04-005179.txt : 20041015
<SEC-HEADER>0001169232-04-005179.hdr.sgml : 20041015
<ACCEPTANCE-DATETIME>20041014212819
ACCESSION NUMBER:		0001169232-04-005179
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20041014
ITEM INFORMATION:		Entry into a Material Definitive Agreement
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20041015
DATE AS OF CHANGE:		20041014

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CENTURY CASINOS INC /CO/
		CENTRAL INDEX KEY:			0000911147
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-MISCELLANEOUS AMUSEMENT & RECREATION [7990]
		IRS NUMBER:				841271317
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-22900
		FILM NUMBER:		041079813

	BUSINESS ADDRESS:	
		STREET 1:		1263 A LAKE PLAZA DR.
		CITY:			COLORADO SPRINGS
		STATE:			CO
		ZIP:			80906
		BUSINESS PHONE:		719-527-8300

	MAIL ADDRESS:	
		STREET 1:		1263 A LAKE PLAZA DR.
		CITY:			COLORADO SPRINGS
		STATE:			CO
		ZIP:			80906

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CENTURY CASINOS INC
		DATE OF NAME CHANGE:	19940802

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	ALPINE GAMING INC
		DATE OF NAME CHANGE:	19930824
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>d60921_8-k.txt
<DESCRIPTION>FORM 8-K
<TEXT>
                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT
     Pursuant to Section 13 or 15 (d) of the Securities Exchange Act of 1934

                        Date of Report: October 14, 2004
               (Date of earliest event reported: October 12, 2004)

                              CENTURY CASINOS, INC.
             (Exact Name of Registrant as specified in its charter)

          Delaware                   0-22290                 84-1271317
(state or other jurisdiction      (Commission            (I.R.S. Employer
     of incorporation)            File Number)         Identification Number)


     1263 Lake Plaza Drive Suite A, Colorado Springs,  CO 80906
     (Address of principal executive offices) (Zip Code)

      Registrant's telephone number, including area code: 719-527-8300


Check  the  appropriate  box  below  if the  Form  8-K  filing  is  intended  to
simultaneously  satisfy the filing obligation of the registrant under any of the
following provisions:

__ Written  communication  pursuant to Rule 425 under the Securities Act (17 CFR
230.425)

__ Soliciting  material  pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)

__ Pre-commencement  communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))

__ Pre-commencement  pursuant to Rule  13e-4(c)  under the Exchange Act (17 CFR
240.13e-4(c))



<PAGE>



Item 1.01 Entry Into a Material Definitive Agreement

On October 12, 2004,  Century  Casinos,  Inc.  entered  into an  agreement  with
Tollgate Venture, LLC to develop and operate a casino and hotel in Central City,
Colorado.

Century's  contribution to the proposed project includes an initial cash capital
contribution  of  $3.5  million  in  return  for  a  controlling  65%  interest.
Additionally,  a  subsidiary  of the  Company  entered  into a  Casino  Services
Agreement to manage the property.

Closing of the  agreement  and  completion  of the project is subject to various
conditions  and  approvals,  including,  but not limited to securing  acceptable
financing,   satisfactory  environmental  studies,  licensing  by  the  Colorado
Division of Gaming, Century Casinos' Board approval and other due diligence.

A copy of Century  Casino's  press release dated October 13, 2004 is attached as
an Exhibit.

Item 9.01 Exhibits.
- ------------------
99.1     Press release dated October 13, 2004

<PAGE>





                                   SIGNATURES

Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
Registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned thereunto duly authorized.

                                       Century Casinos, Inc.
                                       (Registrant)

Date:  October 14, 2004                by:  /s/ Larry Hannappel
                                       Larry Hannappel, Chief Accounting Officer


</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>d60921_ex99.txt
<DESCRIPTION>PRESS RELEASE
<TEXT>
                                                                             -1-
FOR IMMEDIATE RELEASE

                                 Company Contact
                                 Larry Hannappel
                                 (719) 527-8300
                                   lh@cnty.com

      CENTURY CASINOS ANNOUNCES PLANS FOR CASINO IN CENTRAL CITY, COLORADO

COLORADO SPRINGS,  Colorado,  October 13, 2004 - Century Casinos,  Inc. (NASDAQ:
CNTY) announced today that it has signed an agreement with Tollgate  Venture LLC
to  develop  and  operate a casino  and hotel in  Central  City,  Colorado.  The
proposed $40.0 million development includes a 60,000 square foot casino and back
of house with 625 slot machines,  six table games, 35 hotel rooms,  retail, food
and beverage  amenities and a 500-space  on-site  covered  parking  garage.  The
Company's  contribution to the proposed project includes an initial cash capital
contribution  of $3.5  million in return for a  controlling  65%  interest.  The
Company's  partner,   Tollgate  Venture  LLC,  will  contribute  three  existing
non-operating  casino  buildings,  land  and  land  options.   Additionally,   a
subsidiary of the Company entered into a Casino Services Agreement to manage the
property.  Closing of the agreement and  completion of the project is subject to
various  conditions  and  approvals,  including,  but not  limited  to  securing
acceptable  financing,  satisfactory  environmental  studies,  licensing  by the
Colorado  Division of Gaming,  Century  Casinos'  Board  approval  and other due
diligence. Casino licenses in Colorado are not limited in number by state gaming
laws and are primarily  subject to successful  background  investigations by the
Colorado  Division of Gaming.  Century  currently  is  licensed in Colorado  for
gaming at Womacks Casino and Hotel in Cripple Creek.

On November 20, 2004, the city of Central City is expected to open to the public
the new $45.2 million four lane highway  (Central City Parkway) that the Company
believes will offer a safer and faster alternative route from the greater Denver
area to Central  City and Black Hawk,  Colorado.  The Central City Parkway is an
entirely  new  construction  and  will  connect  to  I-70,  the  main  East/West
interstate  highway in  Colorado,  directly to Central City and then on to Black
Hawk.  Central City is a prime location for the Company's latest venture because
of the new parkway and because of the fact that the parkway goes through Central
City before  going  through  Blackhawk.  All traffic  must go directly  past the
casino's main entrance and parking structure.

Central City and Black Hawk are  historical  mining towns  situated  adjacent to
each other and  located in the Rocky  Mountains  approximately  35 miles west of
Denver.  The first  casinos  opened in both  cities in 1991.  The  Central  City
Parkway  will  enter the casino  cities  first at Central  City.  Currently  the
alternative route, which is only a two lane highway and a more treacherous drive
than the new Central City Parkway, enters these cities first at Black Hawk.

"We are delighted  with the  prospects of opening a casino in Central City.  The
location of the casino,  hotel,  500 car on-site  covered parking garage and the
new  Central  City  Parkway,  will be  invaluable  towards  our goal of  further
expansion for Century Casinos", said Chairman and CEO Erwin Haitzmann.

About Century Casinos, Inc.:

Century  Casinos  is an  international  casino  company  that owns and  operates
Womacks  Casino and Hotel in Cripple  Creek,  Colorado;  owns and  operates  The
Caledon Hotel, Spa & Casino near Cape Town,  South Africa;  operates the casinos
aboard the ultra-luxury  vessels of Silversea Cruises,  The World of ResidenSea,
and Oceania Cruises;  and owns 50% of, and provides technical casino services to
the Casino  Millennium  in the Marriott  Hotel in Prague,  Czech  Republic.  The
Company  continues to pursue other  international  projects in various stages of
development.

The address for the U.S. offices is 1263A Lake Plaza Dr., Colorado  Springs,  CO
80906.    Telephone:    (719)   527-8300.    Fax:   (719)   527-8301.    E-Mail:
investor@cnty.com.  For more information about Century Casinos, please visit the
Company's  web site at  www.centurycasinos.com.  Century  Casinos'  common stock
trades on The NASDAQ Stock Market(R)under the symbol CNTY.
<PAGE>

This  release  contains  forward-looking   statements  that  involve  risks  and
uncertainties.  Among the other  important  factors  which  could  cause  actual
results to differ  materially from those in the  forward-looking  statements are
the  significant  conditions to closing the  transaction  and  completion of the
casino and hotel project,  which cannot be assured,  acceptance by the public of
gaming at the new  casino,  use by the  gaming  public of the new  Central  City
Parkway,  significant  competition  from many large and  established  casinos in
Black Hawk and by the City of Black  Hawk,  which will seek to  preserve  market
share for the Black Hawk casinos, other economic,  competitive, and governmental
factors  affecting the Company's  operations,  markets,  services and prices, as
well as other factors detailed in the Company's  filings with the Securities and
Exchange Commission,  including its recent filings on Forms 10-K, 10-Q, and 8-K.
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.
- --------------------------------------------------------------------------------

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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