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Segment And Geographic Information (Tables)
 12 Months Ended
Dec. 31, 2023
Segment And Geographic Information [Abstract]  
Aggregation Of Operating Segments Into Reportable Segments

Reportable Segment

Operating Segment

Reporting Unit

United States

East

Mountaineer Casino, Resort & Races (1)

Rocky Gap Casino, Resort & Golf (1)

Midwest

Century Casino & Hotel - Central City

Century Casino & Hotel - Cripple Creek

Century Casino Cape Girardeau (1)

Century Casino Caruthersville (1) and The Farmstead

West

Nugget Casino Resort and Smooth Bourbon, LLC

Canada

Canada (2)

Century Casino & Hotel - Edmonton (1)

Century Casino St. Albert (1)

Century Mile Racetrack and Casino (1)

Century Downs Racetrack and Casino (1)

Poland

Poland

Casinos Poland

Corporate and Other

Corporate and Other

Cruise Ships & Other (3)

Corporate Other (4)
Schedule Of Information By Reportable Segment

For the year ended December 31, 2023

Amounts in thousands

United States

Canada

Poland

Corporate and Other

Total

Net operating revenue (1)

$

380,591

$

75,449

$

94,105

$

61

$

550,206

Earnings from equity investment

—

—

—

1,121

1,121

Earnings (loss) before income taxes

25,974

7,071

6,704

(63,581)

(23,832)

Net earnings (loss) attributable to Century Casinos, Inc. shareholders

$

18,036

$

8,626

$

3,446

$

(58,306)

$

(28,198)

Interest expense (income), net (2)

38,024

11,527

(345)

42,605

91,811

Income tax expense (benefit)

2,654

(4,256)

1,534

(5,275)

(5,343)

Depreciation and amortization

33,739

4,590

2,482

232

41,043

Net earnings attributable to non-controlling interests

5,284

2,701

1,724

—

9,709

Non-cash stock-based compensation

—

—

—

3,610

3,610

(Gain) loss on foreign currency transactions, cost recovery income and other (3)

(84)

(3,195)

(810)

401

(3,688)

Loss on disposition of fixed assets

537

10

31

113

691

Acquisition costs

—

—

—

4,412

4,412

Adjusted EBITDAR

$

98,190

$

20,003

$

8,062

$

(12,208)

$

114,047

Long-lived assets (4)

$

947,075

$

137,543

$

26,736

$

3,328

$

1,114,682

Total assets (5)

$

1,018,926

$

238,643

$

39,892

$

62,201

$

1,359,662

Capital expenditures

$

55,389

$

2,330

$

1,816

$

86

$

59,621

(1)Net operating revenue for the Corporate and Other segment primarily related to the Company’s cruise ship operations, which ceased in April 2023.

(2)Interest expense in the United States and Canada segments primarily relates to the Master Lease. Expense related to the CDR land lease was recorded as interest expense in the Canada segment. The CDR land lease ended on September 6, 2023 in conjunction with the Canada Real Estate Sale. Expense of $7.3 million in Canada relates to the debt extinguishment of the CDR land lease.

(3)Included in the Canada segment is $1.7 million related to the earn out from the sale of casino operations in Calgary in 2020 and $3.5 million cost recovery income for CDR.

(4)Long-lived assets are calculated as total assets less total current assets, deferred income taxes and note receivable, net of current portion and unamortized discount. Long-lived assets in the United States segment include $283.6 million related to the Nugget Acquisition and $261.7 million related to the Rocky Gap Acquisition.

(5)Total assets in the United States segment include $298.8 million related to the Nugget Acquisition and $268.9 million related to the Rocky Gap Acquisition.


‎

For the year ended December 31, 2022

Amounts in thousands

United States

Canada

Poland

Corporate and Other

Total

Net operating revenue (1)

$

268,582

$

71,572

$

90,169

$

206

$

430,529

Earnings from equity investment

—

—

—

3,249

3,249

Earnings (loss) before income taxes

32,354

11,211

11,044

(48,599)

6,010

Net earnings (loss) attributable to Century Casinos, Inc. shareholders

$

24,759

$

6,070

$

5,811

$

(28,664)

$

7,976

Interest expense (income), net (2)

28,531

2,281

(686)

34,854

64,980

Income tax expense (benefit)

7,595

2,354

2,326

(19,935)

(7,660)

Depreciation and amortization

19,364

4,754

2,606

385

27,109

Net earnings attributable to non-controlling interests

—

2,787

2,907

—

5,694

Non-cash stock-based compensation

—

—

—

3,335

3,335

(Gain) loss on foreign currency transactions, cost recovery income and other (3)

(1)

123

(1,153)

(205)

(1,236)

Loss (gain) on disposition of fixed assets

49

27

63

(121)

18

Acquisition costs

—

—

—

3,124

3,124

Adjusted EBITDAR

$

80,297

$

18,396

$

11,874

$

(7,227)

$

103,340

Long-lived assets (4)

$

466,403

$

139,304

$

27,134

$

8,192

$

641,033

Total assets (5)

$

425,820

$

162,088

$

42,173

$

254,886

$

884,967

Capital expenditures

$

16,000

$

1,566

$

1,578

$

49

$

19,193

(1)Net operating revenue for the Corporate and Other segment primarily related to the Company’s cruise ship operations, which ceased in April 2023.

(2)Interest expense in the United States segment primarily relates to the Master Lease. Expense in the Canada segment primarily relates to the CDR land lease. 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 in February 2022 is included in the Canada segment. The loss from the sale was offset by $1.9 million cost recovery income for CDR.

(4)Long-lived assets are calculated as total assets less total current assets, deferred income taxes and note receivable, net of current portion and unamortized discount.

(5)Total assets for the Corporate and Other segment include $100.2 million in restricted cash related to the Acquisition Escrow and $93.3 million related to the equity investment in Smooth Bourbon.


‎

For the year ended December 31, 2021

Amounts in thousands

United States

Canada

Poland

Corporate and Other

Total

Net operating revenue (1)

$

283,285

$

46,428

$

58,226

$

567

$

388,506

Earnings from equity investment

—

—

—

—

—

Earnings (loss) before income taxes

49,628

3,312

921

(25,712)

28,149

Net earnings (loss) attributable to Century Casinos, Inc. shareholders

$

49,628

$

1,124

$

440

$

(30,570)

$

20,622

Interest expense (income), net (2)

28,229

1,796

(477)

13,110

42,658

Income tax expense

—

1,256

257

4,858

6,371

Depreciation and amortization

18,398

4,904

3,028

432

26,762

Net earnings attributable to non-controlling interests

—

932

224

—

1,156

Non-cash stock-based compensation

—

—

—

2,652

2,652

Gain on foreign currency transactions, cost recovery income and other (3)

(836)

(545)

(887)

(418)

(2,686)

Loss (gain) on disposition of fixed assets

341

43

44

(37)

391

Adjusted EBITDAR

$

95,760

$

9,510

$

2,629

$

(9,973)

$

97,926

Long-lived assets (4)

$

376,210

$

152,278

$

29,865

$

3,412

$

561,765

Total assets

$

422,409

$

179,297

$

44,204

$

57,448

$

703,358

Capital expenditures

$

8,672

$

646

$

163

$

531

$

10,012

(1)Net operating revenue for the Corporate and Other segment primarily relates to the Company’s cruise ship operations, which ceased in April 2023.

(2)Interest expense in the United States segment primarily relates to the Master Lease. Expense in the Canada segment primarily relates to the CDR land lease.

(3)Income of $0.8 million related to the sale of unused land at Mountaineer, net of expenses, is included in the United States segment.

(4)Long-lived assets are calculated as total assets less total current assets, deferred income taxes and note receivable, net of current portion and unamortized discount.