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Segment Information (Tables) | 6 Months Ended
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Jun. 30, 2022
Segment Information [Abstract] |
Aggregation Of Operating Segments Into Reportable Segments |
Reportable Segment | Operating Segment | Reporting Unit
United States | Colorado | Century Casino & Hotel - Central City
|  | Century Casino & Hotel - Cripple Creek
| West Virginia | Mountaineer Casino, Racetrack & Resort
| Missouri | Century Casino Cape Girardeau
|  | Century Casino Caruthersville
Canada | Edmonton | Century Casino & Hotel - Edmonton
|  | Century Casino St. Albert
|  | Century Mile Racetrack and Casino
| Calgary | Century Downs Racetrack and Casino
|  | Century Sports (1)
|  | Century Bets! Inc. (1)
Poland | Poland | Casinos Poland
Corporate and Other | Corporate and Other | Cruise Ships & Other
|  | Corporate Other (2)
(1)The Company operated Century Sports through February 10, 2022. The Company operated Century Bets! Inc. through August 2021, when operations were transferred to Century Mile. For more information about Century Sports and Century Bets! Inc., see Note 1. (2)The Company’s equity investment in Smooth Bourbon is included in the Corporate Other reporting unit.
Segment Information |
| For the three months ended June 30, 2022
Amounts in thousands |  |  | United States |  |  | Canada |  |  | Poland |  |  | Corporate and Other |  |  | Total
Net operating revenue (1) |  | $ | 70,313 |  | $ | 19,037 |  | $ | 21,707 |  | $ | 65 |  | $ | 111,122
Earnings (loss) before income taxes |  | $ | 10,521 |  | $ | 3,783 |  | $ | 2,498 |  | $ | (17,372) |  | $ | (570)
Net earnings (loss) attributable to Century Casinos, Inc. shareholders |  | $ | 10,521 |  | $ | 2,875 |  | $ | 1,322 |  | $ | (5,862) |  | $ | 8,856
Interest expense (income), net (2) |  |  | 7,103 |  |  | 585 |  |  | (54) |  |  | 14,162 |  |  | 21,796
Income taxes (benefit) |  |  | — |  |  | 574 |  |  | 515 |  |  | (11,510) |  |  | (10,421)
Depreciation and amortization |  |  | 4,758 |  |  | 1,226 |  |  | 676 |  |  | 119 |  |  | 6,779
Net earnings attributable to non-controlling interests |  |  | — |  |  | 334 |  |  | 661 |  |  | — |  |  | 995
Non-cash stock-based compensation |  |  | — |  |  | — |  |  | — |  |  | 1,012 |  |  | 1,012
(Gain) loss on foreign currency transactions, cost recovery income and other |  |  | — |  |  | (34) |  |  | (397) |  |  | 7 |  |  | (424)
Loss (gain) on disposition of fixed assets |  |  | — |  |  | 8 |  |  | 1 |  |  | (121) |  |  | (112)
Acquisition costs |  |  | — |  |  | — |  |  | — |  |  | 1,297 |  |  | 1,297
Adjusted EBITDA |  | $ | 22,382 |  | $ | 5,568 |  | $ | 2,724 |  | $ | (896) |  | $ | 29,778
(1)Net operating revenue for Corporate and Other primarily related to the Company’s cruise ship operations. (2)Expense of $7.1 million related to the Master Lease is included in interest expense (income), net in the United States segment. Expense of $0.6 million related to the CDR land lease is included in interest expense (income), net in the Canada segment. Cash payments related to the Master Lease and CDR land lease were $6.4 million and $0.7 million, respectively, for the period presented. Expense of $7.3 million related to the write-off of deferred financing costs in connection with the prepayment of the Macquarie Term Loan is included in interest expense (income), net in the Corporate and Other segment.
| For the three months ended June 30, 2021
Amounts in thousands |  |  | United States |  |  | Canada |  |  | Poland |  |  | Corporate and Other |  |  | Total
Net operating revenue (1) |  | $ | 76,700 |  | $ | 6,658 |  | $ | 8,689 |  | $ | 138 |  | $ | 92,185
Earnings (loss) before income taxes |  | $ | 16,502 |  | $ | (1,018) |  | $ | (1,839) |  | $ | (6,253) |  | $ | 7,392
Net earnings (loss) attributable to Century Casinos, Inc. shareholders |  | $ | 16,502 |  | $ | (1,525) |  | $ | (1,038) |  | $ | (7,084) |  | $ | 6,855
Interest expense (income), net (2) |  |  | 7,027 |  |  | 396 |  |  | 11 |  |  | 3,253 |  |  | 10,687
Income taxes (benefit) |  |  | — |  |  | 572 |  |  | (283) |  |  | 831 |  |  | 1,120
Depreciation and amortization |  |  | 4,509 |  |  | 1,251 |  |  | 768 |  |  | 105 |  |  | 6,633
Net loss attributable to non-controlling interests |  |  | — |  |  | (65) |  |  | (518) |  |  | — |  |  | (583)
Non-cash stock-based compensation |  |  | — |  |  | — |  |  | — |  |  | 323 |  |  | 323
Loss on foreign currency transactions and cost recovery income |  |  | — |  |  | 10 |  |  | 18 |  |  | 5 |  |  | 33
Loss (gain) on disposition of fixed assets |  |  | 209 |  |  | — |  |  | — |  |  | (39) |  |  | 170
Adjusted EBITDA |  | $ | 28,247 |  | $ | 639 |  | $ | (1,042) |  | $ | (2,606) |  | $ | 25,238
(1)Net operating revenue for Corporate and Other primarily related to the Company’s cruise ship operations and consulting agreements. (2)Expense of $7.0 million related to the Master Lease is included in interest expense, net in the United States segment. Expense of $0.4 million related to the CDR land lease is included in interest expense, net in the Canada segment. Cash payments related to the Master Lease and CDR land lease were $6.3 million and $0.6 million, respectively, for the period presented. ‎
| For the six months ended June 30, 2022
Amounts in thousands |  |  | United States |  |  | Canada |  |  | Poland |  |  | Corporate and Other |  |  | Total
Net operating revenue (1) |  | $ | 135,556 |  | $ | 35,039 |  | $ | 43,531 |  | $ | 98 |  | $ | 214,224
Earnings (loss) before income taxes |  | $ | 19,038 |  | $ | 5,726 |  | $ | 4,454 |  | $ | (25,644) |  | $ | 3,574
Net earnings (loss) attributable to Century Casinos, Inc. shareholders |  | $ | 19,038 |  | $ | 2,170 |  | $ | 2,255 |  | $ | (14,389) |  | $ | 9,074
Interest expense (income), net (2) |  |  | 14,109 |  |  | 1,152 |  |  | (67) |  |  | 17,395 |  |  | 32,589
Income taxes (benefit) |  |  | — |  |  | 1,197 |  |  | 1,072 |  |  | (11,255) |  |  | (8,986)
Depreciation and amortization |  |  | 9,526 |  |  | 2,452 |  |  | 1,356 |  |  | 240 |  |  | 13,574
Net earnings attributable to non-controlling interests |  |  | — |  |  | 2,359 |  |  | 1,127 |  |  | — |  |  | 3,486
Non-cash stock-based compensation |  |  | — |  |  | — |  |  | — |  |  | 1,685 |  |  | 1,685
Loss (gain) on foreign currency transactions, cost recovery income and other (3) |  |  | — |  |  | 209 |  |  | (379) |  |  | (5) |  |  | (175)
Loss (gain) on disposition of fixed assets |  |  | 19 |  |  | 23 |  |  | 4 |  |  | (121) |  |  | (75)
Acquisition costs |  |  | — |  |  | — |  |  | — |  |  | 2,429 |  |  | 2,429
Adjusted EBITDA |  | $ | 42,692 |  | $ | 9,562 |  | $ | 5,368 |  | $ | (4,021) |  | $ | 53,601
(1)Net operating revenue for Corporate and Other primarily related to the Company’s cruise ship operations. (2)Expense of $14.1 million related to the Master Lease is included in interest expense (income), net in the United States segment. Expense of $1.1 million related to the CDR land lease is included in interest expense (income), net in the Canada segment. Cash payments related to the Master Lease and CDR land lease were $10.6 million and $1.0 million respectively, for the period presented. Expense of $7.3 million related to the write-off of deferred financing costs in connection with the prepayment of the Macquarie Term Loan is included in interest expense (income), net in the Corporate and Other segment. (3)Loss of $2.2 million related to the sale of the land and building in Calgary is included in the Canada segment.
| For the six months ended June 30, 2021
Amounts in thousands |  |  | United States |  |  | Canada |  |  | Poland |  |  | Corporate and Other |  |  | Total
Net operating revenue (1) |  | $ | 141,072 |  | $ | 8,666 |  | $ | 14,599 |  | $ | 262 |  | $ | 164,599
Earnings (loss) before income taxes |  | $ | 27,096 |  | $ | (4,510) |  | $ | (5,196) |  | $ | (11,802) |  | $ | 5,588
Net earnings (loss) attributable to Century Casinos, Inc. shareholders |  | $ | 27,096 |  | $ | (5,040) |  | $ | (2,873) |  | $ | (13,747) |  | $ | 5,436
Interest expense (income), net (2) |  |  | 13,962 |  |  | 703 |  |  | 15 |  |  | 6,530 |  |  | 21,210
Income taxes (benefit) |  |  | — |  |  | 163 |  |  | (889) |  |  | 1,945 |  |  | 1,219
Depreciation and amortization |  |  | 9,036 |  |  | 2,473 |  |  | 1,562 |  |  | 205 |  |  | 13,276
Net earnings (loss) attributable to non-controlling interests |  |  | — |  |  | 367 |  |  | (1,434) |  |  | — |  |  | (1,067)
Non-cash stock-based compensation |  |  | — |  |  | — |  |  | — |  |  | 582 |  |  | 582
(Gain) loss on foreign currency transactions, cost recovery income and other |  |  | — |  |  | (548) |  |  | 11 |  |  | (411) |  |  | (948)
Loss (gain) on disposition of fixed assets |  |  | 282 |  |  | 32 |  |  | — |  |  | (39) |  |  | 275
Adjusted EBITDA |  | $ | 50,376 |  | $ | (1,850) |  | $ | (3,608) |  | $ | (4,935) |  | $ | 39,983
(1)Net operating revenue for Corporate and Other primarily related to the Company’s cruise ship operations and consulting agreements. (2)Expense of $14.0 million related to the Master Lease is included in interest expense, net in the United States segment. Expense of $0.7 million related to the CDR land lease is included in interest expense, net in the Canada segment. Cash payments related to the Master Lease and CDR land lease were $10.5 million and $0.9 million respectively, for the period presented.

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