XML 16 R1.htm IDEA: XBRL DOCUMENT v3.25.3
Document And Entity Information - USD ($)
 12 Months Ended
Dec. 31, 2024
Mar. 07, 2025
Jun. 28, 2024
Document And Entity Information [Abstract]      
Document Type 10-K/A    
Amendment Flag true    
Document Annual Report true    
Document Fiscal Period Focus FY    
Current Fiscal Year End Date --12-31    
Document Fiscal Year Focus 2024    
Document Period End Date Dec. 31, 2024    
Document Transition Report false    
Entity File Number 0-22900    
Entity Registrant Name CENTURY CASINOS, INC.    
Entity Incorporation, State or Country Code DE    
Entity Tax Identification Number 84-1271317    
Entity Address, Address Line One 455 E. Pikes Peak Ave    
Entity Address, Address Line Two Suite 210    
Entity Address, City or Town Colorado Springs    
Entity Address, State or Province CO    
Entity Address, Postal Zip Code 80903    
City Area Code 719    
Local Phone Number 527-8300    
Title of 12(b) Security Common Stock, $0.01 Per Share Par Value    
Trading Symbol CNTY    
Security Exchange Name NASDAQ    
Entity Well-known Seasoned Issuer No    
Entity Voluntary Filers No    
Entity Current Reporting Status Yes    
Entity Interactive Data Current Yes    
Entity Filer Category Accelerated Filer    
Entity Small Business true    
Entity Emerging Growth Company false    
ICFR Auditor Attestation Flag true    
Document Financial Statement Error Correction [Flag] true    
Document Financial Statement Restatement Recovery Analysis [Flag] true    
Entity Shell Company false    
Entity Public Float     $ 72,459,211
Entity Common Stock, Shares Outstanding   30,682,603  
Documents Incorporated By Reference Part III incorporates by reference the registrant’s definitive Proxy Statement for its 2025 Annual Meeting of Stockholders to be filed with the Securities and Exchange Commission within 120 days after December 31, 2024.    
Entity Central Index Key 0000911147    
Amendment Description Century Casinos, Inc. (the “Company,” “we,” “our,” or “us”) is filing this Amendment No. 1 on Form 10-K/A (this “Amendment”) to amend our Annual Report on Form 10-K for the fiscal year ended December 31, 2024, which was originally filed with the US Securities and Exchange Commission (the “SEC”) on March 13, 2025 (the “Original Form 10-K”). The purpose of this Amendment is to restate our previously issued audited consolidated financial statements and related financial information in the Original Form 10-K. This Amendment also restates our previous conclusion and disclosure with respect to the effectiveness of our disclosure controls and procedures and our internal control over financial reporting. Restatement Background As disclosed in Form 8-K filed on November 10, 2025, on November 6, 2025, the Audit Committee of our Board of Directors concluded that our previously issued audited consolidated financial statements as of and for the year ended December 31, 2024 contained in the Original Form 10-K (the “Previously Issued Financial Statements”) contained a material error and should be restated. This determination occurred after meeting with our Chief Financial Officer and other members of management and members of our Board of Directors. This Amendment is being filed to restate certain disclosures and our consolidated financial statements to reflect the correction of the calculation of the carrying value of invested capital used in the valuation of our Rocky Gap reporting unit that resulted in an impairment of goodwill of $26.5 million for this reporting unit. Accordingly, investors and all other persons should no longer rely upon the Previously Issued Financial Statements included in the Original Form 10-K. In addition, any previously issued or filed earnings releases, investor presentations or other communications describing the Previously Issued Financial Statements and other related financial information covering these periods should no longer be relied upon. Other Amended Filings In addition to this Form 10-K/A, we are concurrently filing amendments to our Quarterly Reports on Form 10-Q for the quarters ended March 31, 2025 and June 30, 2025 (the “Forms 10-Q/A”) to restate our previously issued unaudited condensed consolidated financial statements and related financial information presented therein and to restate our previous conclusion and disclosure with respect to the effectiveness of our disclosure controls and procedures. Disclosure Control Considerations As a result of this restatement, management has reevaluated the effectiveness of our disclosure controls and procedures as of December 31, 2024. Management has concluded that our disclosure controls and procedures were not effective as of December 31, 2024 because of the material weakness described in “Internal Control Considerations” below. Notwithstanding the material weakness, and based on the additional analyses and other procedures management performed, we have concluded that our consolidated financial statements included in this Annual Report on Form 10-K/A present fairly, in all material respects, our financial position, results of operations and cash flows for each of the periods presented herein. For a discussion of management’s considerations of our disclosure controls and procedures and the material weakness identified, refer to Controls and Procedures in Part II, Item 9A. Internal Control Considerations As a result of this restatement, management has reevaluated the effectiveness of our internal control over financial reporting as of December 31, 2024. Management has concluded that our internal control over financial reporting was not effective as of December 31, 2024. We did not adequately design, implement and maintain effective controls to timely review certain key inputs and assumptions used in the performance of impairment testing and related disclosures. For a discussion of management’s considerations of our internal control over financial reporting and the material weakness identified, refer to Controls and Procedures in Part II, Item 9A. Compensation Recovery Analysis The Company performed a recovery analysis of incentive-based compensation received by its executive officers during the relevant recovery period pursuant to Rule 10D-1(b) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Application of the recovery policy resulted in no recovery because incentive-based compensation was received by the Company’s executive officers during the relevant time frame, but that incentive-based compensation was not based on a financial reporting measure impacted by the restatement. Items Amended in this Form 10-K/A For the convenience of the reader, this Form 10-K/A amends and restates the Original Form 10-K in its entirety. As a result, it includes both items that have been changed as a result of the restatement and items that are unchanged from the Original Form 10-K. The following items in the Original Form 10-K have been amended as a result of, and to reflect, the restatement: Part I, Item 1A, Risk FactorsPart II, Item 7, Management’s Discussion and Analysis of Financial Condition and Results of OperationsPart II, Item 8, Financial Statements and Supplementary DataPart II, Item 9A, Controls and ProceduresPart IV, Item 15, Exhibits and Financial Statement Schedules In addition, as required by Rule 12b-15 of the Exchange Act, new certifications by our principal executive officers and principal financial officer are filed herewith as exhibits to this Form 10-K/A pursuant to Rule 13a-14(a) of the Exchange Act and Section 1350 of Chapter 63 of Title 18 of the United States Code. Investors should rely only on the financial information and other disclosures regarding the restated period in this Form 10-K/A or in future filings with the SEC (as applicable), and not on any previously issued or filed reports, earnings releases or similar communications relating to this period. See Note 2 to the consolidated financial statements, included in Part II, Item 8 of this Form 10-K/A, for additional information on the restatement and its related consolidated financial statement effects. Except as described above, this Amendment does not amend, update or change any other disclosures in the Original Form 10-K. In addition, the information contained in this Amendment does not reflect events occurring after the Original Form 10-K and does not modify or update the disclosures therein, except to reflect the effects of the restatement. This Amendment should be read in conjunction with our other filings with the SEC.    
Auditor Name GRANT THORNTON LLP    
Auditor Location San Francisco, California    
Auditor Firm ID 248