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<SEC-DOCUMENT>0000911147-04-000030.txt : 20041019
<SEC-HEADER>0000911147-04-000030.hdr.sgml : 20041019
<ACCEPTANCE-DATETIME>20041018210048
ACCESSION NUMBER:		0000911147-04-000030
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20041013
ITEM INFORMATION:		Entry into a Material Definitive Agreement
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20041019
DATE AS OF CHANGE:		20041018

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:		041084100

	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>k810182004landmark.txt
<DESCRIPTION>8K--PRESS RELEASE--AGREEMENT WITH LANDMARK
<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 18, 2004
               (Date of earliest event reported: October 13, 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 13, 2004,  Century Casinos,  Inc. signed an agreement with the owners
of  Landmark  Gaming,  LLC  of  Franklin  County,  Iowa  to  jointly  submit  as
co-applicant  with  the  Franklin  County  Development   Association  (FCDA)  an
application  to the Iowa  Racing and  Gaming  Commission  (IRGC) to develop  and
operate a moored  barge  casino,  hotel and  entertainment  facility in Franklin
County, Iowa.

The  Company's  contribution  to the project at closing  will include an initial
cash capital  contribution  of $1.25 million in return for a 40%  interest.  The
current owners of Landmark  Gaming will  contribute the land and land options in
return for 60% ownership.  Additionally,  an affiliate of the Company will enter
into a Casino Services Agreement to manage the property in return for a share in
gross revenues plus a share in EBITDA.

The Company's cash contribution and the beginning of construction are subject to
various  conditions and approvals,  including,  but not limited to awarding of a
license by the IRGC, securing acceptable financing and other due diligence.

A copy of Century  Casino's  press release dated October 18, 2004 is attached as
an Exhibit.

Item 9.01  Exhibits.

99.1 Press release dated October 18, 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 18, 2004              by:  /s/ Larry Hannappel
                                     Larry Hannappel, Chief Accounting  Officer


</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.A9
<SEQUENCE>2
<FILENAME>ex99.txt
<DESCRIPTION>PRESS RELEASE EXHIBIT
<TEXT>

FOR IMMEDIATE RELEASE

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

    CENTURY CASINOS TO SUBMIT APPLICATION FOR CASINO IN FRANKLIN COUNTY, IOWA

COLORADO SPRINGS,  Colorado,  October 18, 2004 - Century Casinos,  Inc. (NASDAQ:
CNTY)  announced  today  that it has  signed  an  agreement  with the  owners of
Landmark Gaming LLC of Franklin County,  Iowa, to jointly submit as co-applicant
with the Franklin County  Development  Association  (FCDA) an application to the
Iowa Racing and Gaming  Commission  (IRGC) to develop and operate a moored barge
casino, hotel and entertainment  facility in Franklin County, Iowa. The proposed
project includes a casino with approximately  40,000 square feet of total space,
120 hotel rooms and 300 covered parking spaces.

A study completed by independent casino and lodging industry  consultants Gaming
& Resort Development, Inc. estimates total development costs to be $67.0 million
and  projected   first  year  net  revenue  of  $72.0  million.   The  Company's
contribution  to the project at closing  will  include an initial  cash  capital
contribution  of $1.25 million in return for a 40% interest.  The current owners
of Landmark  Gaming will  contribute the land and land options in return for 60%
ownership.  Additionally,  an  affiliate of the Company will enter into a Casino
Services  Agreement  to  manage  the  property  in  return  for a share in gross
revenues  plus a share  in  EBITDA.  The  Company's  cash  contribution  and the
beginning  of  construction  are subject to various  conditions  and  approvals,
including,  but not  limited  to  awarding  of a license  by the IRGC,  securing
acceptable financing and other due diligence.

There are currently ten river boats,  three  racetrack slot machine  operations,
and three  Class III Indian  gaming  venues in the state of Iowa.  The ten river
boat casinos have generated  approximately $715 million in gross gaming revenues
in fiscal year 2004 (from July 2003 to June 2004; as per  information  available
on the website of the IRGC).  Licensing  in the state  requires  approval by the
residents  of the county to  authorize  gaming and  requires  sponsorship  by an
approved  charitable  organization  that  receives  a  percentage  of the gaming
revenues.  Franklin  County is one of six  counties  in the state that  received
voter  approval  to proceed  with the gaming  application  process.  FCDA is the
sponsoring charitable organization for this project. Casino licenses are awarded
based on the merit of the project.  The number of licenses awarded is determined
by the IRGC. The site of the proposed project is located  approximately 80 miles
north of Des Moines,  Iowa and 52 miles south of the Iowa-Minnesota  border. The
proposed  project  will be  located  on a  manmade  body of  water  adjacent  to
Interstate  35, Iowa's  primary  north-south  link between  Minneapolis  and Des
Moines,  along Iowa Highway 3. The Company  believes that the proposed  casino's
proximity to major roadways could give the county an edge over others  competing
for a license.

"This  project  represents  an  excellent  opportunity  to  participate  in  the
expansion of casino development in Iowa. We believe this proposed casino,  hotel
and entertainment facility in Franklin County would be a natural fit 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,  significant  competition  from other  casinos in the
state,  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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