<SEC-DOCUMENT>0000911147-18-000038.txt : 20180831
<SEC-HEADER>0000911147-18-000038.hdr.sgml : 20180831
<ACCEPTANCE-DATETIME>20180703172348
<PRIVATE-TO-PUBLIC>
ACCESSION NUMBER:		0000911147-18-000038
CONFORMED SUBMISSION TYPE:	CORRESP
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20180703

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CENTURY CASINOS INC /CO/
		CENTRAL INDEX KEY:			0000911147
		STANDARD INDUSTRIAL CLASSIFICATION:	HOTELS & MOTELS [7011]
		IRS NUMBER:				841271317
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		CORRESP

	BUSINESS ADDRESS:	
		STREET 1:		455 E. PIKES PEAK AVE
		STREET 2:		SUITE 210
		CITY:			COLORADO SPRINGS
		STATE:			CO
		ZIP:			80903
		BUSINESS PHONE:		719-527-8300

	MAIL ADDRESS:	
		STREET 1:		455 E. PIKES PEAK AVE
		STREET 2:		SUITE 210
		CITY:			COLORADO SPRINGS
		STATE:			CO
		ZIP:			80903

	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>CORRESP
<SEQUENCE>1
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		<title>
			Correspondance 062718
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			<a name="_GoBack"></a><font style="display: inline;font-family:Arial;font-size:10pt;"><img src="c147-20180703correspg001.jpg" style="width: 1.558333in; height: 0.9083334in" alt="Picture 13"></font><font style="display: inline;font-family:Arial;font-size:10pt;"></font>
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		<p style="margin:2pt 0pt 0pt;line-height:100%;text-indent: -135pt;text-align:right;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">Ju</font><font style="display: inline;font-family:Arial;font-size:10pt;">ly 3</font><font style="display: inline;font-family:Arial;font-size:10pt;">, 2018</font>
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		<p style="margin:2pt 0pt 0pt;line-height:100%;text-indent: -135pt;text-align:right;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">&#xFEFF;</font>
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		<p style="margin:2pt 0pt 0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;text-decoration:underline;">Via EDGAR</font>
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		<p style="margin:2pt 0pt 0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">Jennifer Monick</font>
		</p>
		<p style="margin:2pt 0pt 0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">Assistant Chief Accountant</font>
		</p>
		<p style="margin:2pt 0pt 0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">Office of Real Estate &amp; Commodities</font>
		</p>
		<p style="margin:2pt 0pt 0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">Securities and Exchange Commission</font>
		</p>
		<p style="margin:2pt 0pt 0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">Division of Corporation Finance</font>
		</p>
		<p style="margin:2pt 0pt 0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">100 F Street, N.E.</font>
		</p>
		<p style="margin:2pt 0pt 0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">Washington, D.C. 20549</font>
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			<font style="display: inline;font-family:Arial;font-size:10pt;">&#xFEFF;</font>
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			<font style="display: inline;font-family:Arial;font-size:10pt;">Re: Century Casinos, Inc. (File No. 000-22900)</font>
		</p>
		<p style="margin:2pt 0pt 0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">Form 10-K for the year ended December 31, 2017</font>
		</p>
		<p style="margin:2pt 0pt 0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">&#xFEFF;</font>
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			<font style="display: inline;font-family:Arial;font-size:10pt;">Dear Ms. Monick:</font>
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		<p style="margin:2pt 0pt 0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">&#xFEFF;</font>
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		<p style="margin:2pt 0pt 0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">On behalf of Century Casinos, Inc. (the &#x201C;Company&#x201D;), the following response is provided to the comment submitted to the Company by the staff of the Securities and Exchange Commission (the &#x201C;Staff&#x201D;) in a letter dated June 27, 2018 (the &#x201C;Letter&#x201D;) relating to the Company&#x2019;s Form 10-K for the year ended December 31, 2017 (the &#x201C;2017 Form 10-K&#x201D;). The comment made in the Letter is restated below in italics for convenient reference.</font>
		</p>
		<p style="margin:2pt 0pt 0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">&#xFEFF;</font>
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		<p style="margin:2pt 0pt 0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;text-decoration:underline;">Form 10-K for the Year Ended December 31, 2017</font>
		</p>
		<p style="margin:2pt 0pt 0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;text-decoration:underline;">&#xFEFF;</font>
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		<p style="margin:2pt 0pt 0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;text-decoration:underline;">Item 7A. Quantitative and Qualitative Disclosures about Market Risk, page 60</font>
		</p>
		<p style="margin:2pt 0pt 0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;text-decoration:underline;">&#xFEFF;</font>
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		<div style="width:100%"><table style="width:100%; table-layout: fixed;" cellpadding="0" cellspacing="0"><tr><td style="width:0pt;"><p style="width:0pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 18.00pt;">
			<p style="line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 10pt;margin:2pt 0pt 0pt;">
				<font style="margin:2pt 0pt 0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size:10pt;;"> 1.</font>
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		</td><td style="width:0pt;"><p style="width:0pt;width:0pt;font-size:0pt;"></p></td><td align="left" valign="top">
			<p style="line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 10pt;margin:2pt 0pt 0pt;">
			<font style="display: inline;font-family:Arial;font-style:italic;font-size:10pt;color:#000000;">Please tell us how you determined it was unnecessary to provide quantitative disclosures about foreign currency exchange risk. Please refer to Item 305 of Regulation S-K.</font></p></td></tr></table></div>
		<p style="margin:2pt 0pt 0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-style:italic;font-size:10pt;color:#000000;">&#xFEFF;</font>
		</p>
		<p style="margin:2pt 0pt 0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-weight:bold;font-size:10pt;color:#000000;">Response: </font><font style="display: inline;font-family:Arial;font-size:10pt;color:#000000;">In response to the Staff&#x2019;s comment, the Company respectfully advises the Staff that, based on its analysis, the Company concluded that its market risk from fluctuations in foreign currency exchange rates was not material and, as a result, quantitative disclosures about fluctuations in foreign currency exchange rates were not included in Item 7A of the 2017 Form 10-K.&nbsp; </font>
		</p>
		<p style="margin:2pt 0pt 0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;color:#000000;">&#xFEFF;</font>
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		<p style="margin:2pt 0pt 0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;color:#000000;">The Company also notes that it provided detailed guidance about the quantitative impact of foreign currency exchange rates in the discussion of the Company&#x2019;s results by segments in the Management&#x2019;s Discussion and Analysis of Financial Condition and Results of Operations (&#x201C;MD&amp;A&#x201D;) of the 2017 Form 10-K. Results for each segment were discussed in local currency with the corresponding change in U.S. dollars presented to indicate the additional impact of foreign currency fluctuations on results. In addition, in the Presentation of Foreign Currency Amounts section included in the MD&amp;A, the Company stated the following:</font>
		</p>
		<p style="margin:2pt 0pt 0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;color:#000000;">&#xFEFF;</font>
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		<p style="margin:2pt 36pt 0pt 18pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;color:#000000;">A decrease in the value of these currencies in relation to the value of the U.S. dollar would decrease the earnings from our foreign operations when translated into U.S. dollars. An </font>
		</p>
		<p><font size="1"> </font></p><div style="width:100%">

		<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 11pt">

			&nbsp;

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		<p style="margin:0pt;text-align:right;line-height:100%;font-family:Calibri;font-size: 11pt">

			&nbsp;

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		<p style="margin:0pt;line-height:100%;font-family:Calibri;font-size: 11pt">

			&nbsp;

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</div><hr size="3" style="color:#999999" width="100%" align="center"></hr><p style="page-break-after:always">&nbsp;</p>
		<p style="margin:2pt 36pt 0pt 18pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;;font-size: 10pt"><font style="display: inline;font-family:Arial;font-size:10pt;">increase in the value of these currencies in relation to the value of the U.S. dollar would increase the earnings from our foreign operations when translated into U.S. dollars. </font>
		</p>
		<p style="margin:2pt 0pt 0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">&#xFEFF;</font>
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		<p style="margin:2pt 0pt 0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">In future Form 10-K filings (and Form 10-Q filings, if applicable), to the extent material, the Company will include a sensitivity analysis that quantifies the effect of a hypothetical change in foreign currency exchange rates as well as any additional quantitative disclosure required by Item 305 of Regulation S-K. </font>
		</p>
		<p style="margin:2pt 0pt 0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:0pt 0pt 10pt;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;line-height:115%;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">If you require any additional information, please contact the undersigned or Brianna Kadera, Financial Reporting Manager, at (719) 527-8300.</font>
		</p>
		<p style="margin:0pt 0pt 10pt;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;line-height:115%;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">Sincerely,</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;text-decoration:underline;">/s/ Margaret Stapleton</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">Margaret Stapleton</font>
		</p>
		<p style="margin:0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">Executive Vice President and Principal Financial/Accounting Officer</font>
		</p>
		<p style="margin:2pt 0pt 0pt;line-height:100%;text-align:justify;text-justify:inter-ideograph;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">&#xFEFF;</font>
		</p>
		<p style="margin:2pt 0pt 0pt;line-height:100%;text-indent: -135pt;text-align:right;font-family:Calibri;font-size: 10pt">
			<font style="display: inline;font-family:Arial;font-size:10pt;">&#xFEFF;</font>
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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
