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Segment Information (Tables) | 9 Months Ended
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Sep. 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 September 30, 2022
Amounts in thousands |  |  | United States |  |  | Canada |  |  | Poland |  |  | Corporate and Other |  |  | Total
Net operating revenue (1) |  | $ | 70,718 |  | $ | 20,065 |  | $ | 21,733 |  | $ | 36 |  | $ | 112,552
Earnings (loss) before income taxes |  | $ | 9,139 |  | $ | 3,395 |  | $ | 3,513 |  | $ | (10,982) |  | $ | 5,065
Net earnings (loss) attributable to Century Casinos, Inc. shareholders |  | $ | 2,372 |  | $ | 2,623 |  | $ | 2,032 |  | $ | (4,083) |  | $ | 2,944
Interest expense (income), net (2) |  |  | 7,201 |  |  | 581 |  |  | (519) |  |  | 8,087 |  |  | 15,350
Income taxes (benefit) |  |  | 6,767 |  |  | 522 |  |  | 465 |  |  | (6,899) |  |  | 855
Depreciation and amortization |  |  | 4,892 |  |  | 1,180 |  |  | 623 |  |  | 81 |  |  | 6,776
Net earnings attributable to non-controlling interests |  |  | — |  |  | 250 |  |  | 1,016 |  |  | — |  |  | 1,266
Non-cash stock-based compensation |  |  | — |  |  | — |  |  | — |  |  | 953 |  |  | 953
Gain on foreign currency transactions, cost recovery income and other |  |  | — |  |  | (71) |  |  | (333) |  |  | (5) |  |  | (409)
Loss on disposition of fixed assets |  |  | 11 |  |  | — |  |  | 27 |  |  | — |  |  | 38
Acquisition costs |  |  | — |  |  | — |  |  | — |  |  | 295 |  |  | 295
Adjusted EBITDA |  | $ | 21,243 |  | $ | 5,085 |  | $ | 3,311 |  | $ | (1,571) |  | $ | 28,068
(1)Net operating revenue for Corporate and Other primarily related to the Company’s cruise ship operations. (2)Expense of $7.2 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 $8.5 million and $0.5 million, respectively, for the period presented.
| For the three months ended September 30, 2021
Amounts in thousands |  |  | United States |  |  | Canada |  |  | Poland |  |  | Corporate and Other |  |  | Total
Net operating revenue (1) |  | $ | 73,897 |  | $ | 21,368 |  | $ | 21,151 |  | $ | 194 |  | $ | 116,610
Earnings (loss) before income taxes |  | $ | 12,389 |  | $ | 6,242 |  | $ | 2,829 |  | $ | (6,488) |  | $ | 14,972
Net earnings (loss) attributable to Century Casinos, Inc. shareholders |  | $ | 12,389 |  | $ | 5,308 |  | $ | 1,437 |  | $ | (7,908) |  | $ | 11,226
Interest expense (income), net (2) |  |  | 7,121 |  |  | 560 |  |  | (355) |  |  | 3,294 |  |  | 10,620
Income taxes |  |  | — |  |  | 499 |  |  | 674 |  |  | 1,420 |  |  | 2,593
Depreciation and amortization |  |  | 4,699 |  |  | 1,217 |  |  | 760 |  |  | 108 |  |  | 6,784
Net earnings attributable to non-controlling interests |  |  | — |  |  | 435 |  |  | 718 |  |  | — |  |  | 1,153
Non-cash stock-based compensation |  |  | — |  |  | — |  |  | — |  |  | 986 |  |  | 986
Gain on foreign currency transactions and cost recovery income |  |  | — |  |  | (57) |  |  | (232) |  |  | (24) |  |  | (313)
Loss on disposition of fixed assets |  |  | — |  |  | 4 |  |  | 3 |  |  | — |  |  | 7
Adjusted EBITDA |  | $ | 24,209 |  | $ | 7,966 |  | $ | 3,005 |  | $ | (2,124) |  | $ | 33,056
(1)Net operating revenue for Corporate and Other primarily related to the Company’s cruise ship operations and consulting agreements. (2)Expense of $7.1 million related to the Master Lease is included in interest expense, net in the United States segment. Expense of $0.5 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 $0.4 million, respectively, for the period presented. ‎
| For the nine months ended September 30, 2022
Amounts in thousands |  |  | United States |  |  | Canada |  |  | Poland |  |  | Corporate and Other |  |  | Total
Net operating revenue (1) |  | $ | 206,275 |  | $ | 55,105 |  | $ | 65,265 |  | $ | 131 |  | $ | 326,776
Earnings (loss) before income taxes |  | $ | 28,176 |  | $ | 9,123 |  | $ | 7,967 |  | $ | (36,626) |  | $ | 8,640
Net earnings (loss) attributable to Century Casinos, Inc. shareholders |  | $ | 21,409 |  | $ | 4,797 |  | $ | 4,285 |  | $ | (18,473) |  | $ | 12,018
Interest expense (income), net (2) |  |  | 21,310 |  |  | 1,733 |  |  | (586) |  |  | 25,482 |  |  | 47,939
Income taxes (benefit) |  |  | 6,767 |  |  | 1,718 |  |  | 1,538 |  |  | (18,153) |  |  | (8,130)
Depreciation and amortization |  |  | 14,418 |  |  | 3,632 |  |  | 1,979 |  |  | 321 |  |  | 20,350
Net earnings attributable to non-controlling interests |  |  | — |  |  | 2,608 |  |  | 2,144 |  |  | — |  |  | 4,752
Non-cash stock-based compensation |  |  | — |  |  | — |  |  | — |  |  | 2,638 |  |  | 2,638
(Gain) loss on foreign currency transactions, cost recovery income and other (3) |  |  | (1) |  |  | 138 |  |  | (712) |  |  | (8) |  |  | (583)
Loss (gain) on disposition of fixed assets |  |  | 33 |  |  | 23 |  |  | 31 |  |  | (124) |  |  | (37)
Acquisition costs |  |  | — |  |  | — |  |  | — |  |  | 2,724 |  |  | 2,724
Adjusted EBITDA |  | $ | 63,936 |  | $ | 14,649 |  | $ | 8,679 |  | $ | (5,593) |  | $ | 81,671
(1)Net operating revenue for Corporate and Other primarily related to the Company’s cruise ship operations. (2)Expense of $21.3 million related to the Master Lease is included in interest expense (income), net in the United States segment. Expense of $1.7 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 $19.1 million and $1.6 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 nine months ended September 30, 2021
Amounts in thousands |  |  | United States |  |  | Canada |  |  | Poland |  |  | Corporate and Other |  |  | Total
Net operating revenue (1) |  | $ | 214,969 |  | $ | 30,031 |  | $ | 35,751 |  | $ | 456 |  | $ | 281,207
Earnings (loss) before income taxes |  | $ | 39,486 |  | $ | 1,728 |  | $ | (2,364) |  | $ | (18,289) |  | $ | 20,561
Net earnings (loss) attributable to Century Casinos, Inc. shareholders |  | $ | 39,486 |  | $ | 265 |  | $ | (1,432) |  | $ | (21,657) |  | $ | 16,662
Interest expense (income), net (2) |  |  | 21,083 |  |  | 1,263 |  |  | (341) |  |  | 9,825 |  |  | 31,830
Income taxes (benefit) |  |  | — |  |  | 661 |  |  | (216) |  |  | 3,368 |  |  | 3,813
Depreciation and amortization |  |  | 13,734 |  |  | 3,689 |  |  | 2,320 |  |  | 317 |  |  | 20,060
Net earnings (loss) attributable to non-controlling interests |  |  | — |  |  | 802 |  |  | (716) |  |  | — |  |  | 86
Non-cash stock-based compensation |  |  | — |  |  | — |  |  | — |  |  | 1,568 |  |  | 1,568
Gain on foreign currency transactions, cost recovery income and other |  |  | — |  |  | (604) |  |  | (221) |  |  | (436) |  |  | (1,261)
Loss (gain) on disposition of fixed assets |  |  | 282 |  |  | 36 |  |  | 3 |  |  | (39) |  |  | 282
Adjusted EBITDA |  | $ | 74,585 |  | $ | 6,112 |  | $ | (603) |  | $ | (7,054) |  | $ | 73,040
(1)Net operating revenue for Corporate and Other primarily related to the Company’s cruise ship operations and consulting agreements. (2)Expense of $21.1 million related to the Master Lease is included in interest expense, net in the United States segment. Expense of $1.2 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 $16.8 million and $1.3 million, respectively, for the period presented.

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