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v3.25.2

Segment Information (Tables) | 6 Months Ended
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Jun. 30, 2025
Segment Information [Abstract] |
Schedule Of Information By Reportable Segment |
| For the three months ended June 30, 2025
Amounts in thousands |  |  | United States |  |  | Canada |  |  | Poland |  |  | Corporate and Other |  |  | Total
Net operating revenue |  | $ | 106,104 |  | $ | 20,005 |  | $ | 24,709 |  | $ | — |  | $ | 150,818
Less: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Payroll expense |  |  | 25,670 |  |  | 6,097 |  |  | 6,810 |  |  | 1,243 |  |  | 39,820
Operating expenses |  |  | 20,534 |  |  | 6,446 |  |  | 3,658 |  |  | 1,692 |  |  | 32,330
Gaming tax expense |  |  | 27,135 |  |  | — |  |  | 12,054 |  |  | — |  |  | 39,189
Other segment items (1) |  |  | 7,072 |  |  | 1,855 |  |  | 986 |  |  | 3 |  |  | 9,916
Pre-opening and termination expenses |  |  | — |  |  | — |  |  | (741) |  |  | — |  |  | (741)
Adjusted EBITDAR |  | $ | 25,693 |  | $ | 5,607 |  | $ | 1,942 |  | $ | (2,938) |  | $ | 30,304
Earnings (loss) before income taxes |  | $ | 1,576 |  | $ | 2,119 |  | $ | 610 |  | $ | (12,628) |  | $ | (8,323)
Net (loss) earnings attributable to Century Casinos, Inc. shareholders |  | $ | (487) |  | $ | 599 |  | $ | 245 |  | $ | (12,666) |  | $ | (12,309)
Interest expense (income), net (2) |  |  | 13,082 |  |  | 3,338 |  |  | 49 |  |  | 9,469 |  |  | 25,938
Income tax expense |  |  | 223 |  |  | 748 |  |  | 241 |  |  | 38 |  |  | 1,250
Depreciation and amortization |  |  | 11,010 |  |  | 1,074 |  |  | 741 |  |  | 18 |  |  | 12,843
Net earnings attributable to non-controlling interests |  |  | 1,840 |  |  | 772 |  |  | 124 |  |  | — |  |  | 2,736
Non-cash stock-based compensation |  |  | — |  |  | — |  |  | — |  |  | 195 |  |  | 195
(Gain) loss on foreign currency transactions, cost recovery income and other (3) |  |  | — |  |  | (922) |  |  | (210) |  |  | 8 |  |  | (1,124)
Loss (gain) on disposition of fixed assets |  |  | 25 |  |  | (2) |  |  | 11 |  |  | — |  |  | 34
Pre-opening and termination expenses |  |  | — |  |  | — |  |  | 741 |  |  | — |  |  | 741
Adjusted EBITDAR |  | $ | 25,693 |  | $ | 5,607 |  | $ | 1,942 |  | $ | (2,938) |  | $ | 30,304
Segment assets (4) |  | $ | 28,941 |  | $ | 23,335 |  | $ | 5,398 |  | $ | 27,867 |  | $ | 85,541
Long-lived assets (5) |  |  | 893,661 |  |  | 132,151 |  |  | 43,306 |  |  | 2,743 |  |  | 1,071,861
Total assets |  |  | 940,744 |  |  | 178,700 |  |  | 51,241 |  |  | 37,766 |  |  | 1,208,451
Capital expenditures |  |  | 4,653 |  |  | 973 |  |  | 173 |  |  | 10 |  |  | 5,809
(1)Other segment items include cost of goods sold and marketing expenses. (2)Interest expense in the United States and Canada segments primarily relates to the Master Lease. Interest expense in the Corporate and Other segment primarily relates to the Goldman Credit Agreement. (3)Includes $1.0 million related to cost recovery income for CDR in the Canada segment. (4)Segment assets are cash and cash equivalents. (5)Long-lived assets are calculated as total assets less total current assets and deferred income taxes. ‎
| For the three months ended June 30, 2024
Amounts in thousands |  |  | United States |  |  | Canada |  |  | Poland |  |  | Corporate and Other |  |  | Total
Net operating revenue |  | $ | 106,515 |  | $ | 19,827 |  | $ | 20,093 |  | $ | — |  | $ | 146,435
Less: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Payroll expense |  |  | 26,408 |  |  | 5,993 |  |  | 6,318 |  |  | 1,277 |  |  | 39,996
Operating expenses |  |  | 20,279 |  |  | 6,516 |  |  | 2,686 |  |  | 2,210 |  |  | 31,691
Gaming tax expense |  |  | 27,196 |  |  | — |  |  | 9,911 |  |  | — |  |  | 37,107
Other segment items (1) |  |  | 7,595 |  |  | 1,867 |  |  | 728 |  |  | 3 |  |  | 10,193
Adjusted EBITDAR |  | $ | 25,037 |  | $ | 5,451 |  | $ | 450 |  | $ | (3,490) |  | $ | 27,448
Earnings (loss) before income taxes |  | $ | 2,408 |  | $ | 2,308 |  | $ | 28 |  | $ | (14,138) |  | $ | (9,394)
Net (loss) earnings attributable to Century Casinos, Inc. shareholders |  | $ | (27,593) |  | $ | 1,009 |  | $ | (40) |  | $ | (14,989) |  | $ | (41,613)
Interest expense (income), net (2) |  |  | 11,694 |  |  | 3,152 |  |  | (20) |  |  | 10,257 |  |  | 25,083
Income tax expense |  |  | 28,225 |  |  | 456 |  |  | 87 |  |  | 851 |  |  | 29,619
Depreciation and amortization |  |  | 10,803 |  |  | 1,088 |  |  | 515 |  |  | 43 |  |  | 12,449
Net earnings (loss) attributable to non-controlling interests |  |  | 1,776 |  |  | 843 |  |  | (19) |  |  | — |  |  | 2,600
Non-cash stock-based compensation |  |  | — |  |  | — |  |  | — |  |  | 343 |  |  | 343
(Gain) loss on foreign currency transactions, cost recovery income and other (3) |  |  | — |  |  | (1,098) |  |  | (189) |  |  | 5 |  |  | (1,282)
Loss on disposition of fixed assets |  |  | 132 |  |  | 1 |  |  | 116 |  |  | — |  |  | 249
Adjusted EBITDAR |  | $ | 25,037 |  | $ | 5,451 |  | $ | 450 |  | $ | (3,490) |  | $ | 27,448
Segment assets (4) |  | $ | 37,666 |  | $ | 27,792 |  | $ | 8,479 |  | $ | 49,263 |  | $ | 123,200
Long-lived assets (5) |  |  | 953,716 |  |  | 131,713 |  |  | 34,707 |  |  | 3,074 |  |  | 1,123,210
Total assets |  |  | 1,012,181 |  |  | 182,660 |  |  | 45,723 |  |  | 61,130 |  |  | 1,301,694
Capital expenditures |  |  | 14,413 |  |  | 594 |  |  | 912 |  |  | 21 |  |  | 15,940
(1)Other segment items include cost of goods sold and marketing expenses. (2)Interest expense in the United States and Canada segments primarily relates to the Master Lease. Interest expense in the Corporate and Other segment primarily relates to the Goldman Credit Agreement. (3)Includes $1.1 million related to cost recovery income for CDR in the Canada segment. (4)Segment assets are cash and cash equivalents. (5)Long-lived assets are calculated as total assets less total current assets and deferred income taxes.
| For the six months ended June 30, 2025
Amounts in thousands |  |  | United States |  |  | Canada |  |  | Poland |  |  | Corporate and Other |  |  | Total
Net operating revenue |  | $ | 199,401 |  | $ | 36,521 |  | $ | 45,339 |  | $ | — |  | $ | 281,261
Less: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Payroll expense |  |  | 51,548 |  |  | 11,557 |  |  | 12,887 |  |  | 2,618 |  |  | 78,610
Operating expenses |  |  | 39,102 |  |  | 11,588 |  |  | 7,052 |  |  | 3,467 |  |  | 61,209
Gaming tax expense |  |  | 52,372 |  |  | — |  |  | 22,068 |  |  | — |  |  | 74,440
Other segment items (1) |  |  | 12,287 |  |  | 3,409 |  |  | 1,866 |  |  | 3 |  |  | 17,565
Pre-opening and termination expenses |  |  | — |  |  | — |  |  | (1,022) |  |  | — |  |  | (1,022)
Adjusted EBITDAR |  | $ | 44,092 |  | $ | 9,967 |  | $ | 2,488 |  | $ | (6,088) |  | $ | 50,459
(Loss) earnings before income taxes |  | $ | (4,184) |  | $ | 2,302 |  | $ | 454 |  | $ | (25,292) |  | $ | (26,720)
Net (loss) earnings attributable to Century Casinos, Inc. shareholders |  | $ | (8,030) |  | $ | 533 |  | $ | 81 |  | $ | (25,506) |  | $ | (32,922)
Interest expense (income), net (2) |  |  | 26,189 |  |  | 6,546 |  |  | 91 |  |  | 18,768 |  |  | 51,594
Income tax expense |  |  | 223 |  |  | 964 |  |  | 331 |  |  | 214 |  |  | 1,732
Depreciation and amortization |  |  | 22,016 |  |  | 2,073 |  |  | 1,111 |  |  | 36 |  |  | 25,236
Net earnings attributable to non-controlling interests |  |  | 3,623 |  |  | 805 |  |  | 42 |  |  | — |  |  | 4,470
Non-cash stock-based compensation |  |  | — |  |  | — |  |  | — |  |  | 486 |  |  | 486
Gain on foreign currency transactions, cost recovery income and other (3) |  |  | — |  |  | (952) |  |  | (205) |  |  | (86) |  |  | (1,243)
Loss (gain) on disposition of fixed assets |  |  | 71 |  |  | (2) |  |  | 15 |  |  | — |  |  | 84
Pre-opening and termination expenses |  |  | — |  |  | — |  |  | 1,022 |  |  | — |  |  | 1,022
Adjusted EBITDAR |  | $ | 44,092 |  | $ | 9,967 |  | $ | 2,488 |  | $ | (6,088) |  | $ | 50,459
Segment assets (4) |  | $ | 28,941 |  | $ | 23,335 |  | $ | 5,398 |  | $ | 27,867 |  | $ | 85,541
Long-lived assets (5) |  |  | 893,661 |  |  | 132,151 |  |  | 43,306 |  |  | 2,743 |  |  | 1,071,861
Total assets |  |  | 940,744 |  |  | 178,700 |  |  | 51,241 |  |  | 37,766 |  |  | 1,208,451
Capital expenditures |  |  | 10,505 |  |  | 1,741 |  |  | 233 |  |  | 19 |  |  | 12,498
(1)Other segment items include cost of goods sold and marketing expenses. (2)Interest expense in the United States and Canada segments primarily relates to the Master Lease. Interest expense in the Corporate and Other segment primarily relates to the Goldman Credit Agreement. (3)Includes $1.0 million related to cost recovery income for CDR in the Canada segment. (4)Segment assets are cash and cash equivalents. (5)Long-lived assets are calculated as total assets less total current assets and deferred income taxes. ‎
| For the six months ended June 30, 2024
Amounts in thousands |  |  | United States |  |  | Canada |  |  | Poland |  |  | Corporate and Other |  |  | Total
Net operating revenue |  | $ | 202,543 |  | $ | 38,153 |  | $ | 41,742 |  | $ | 13 |  | $ | 282,451
Less: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Payroll expense |  |  | 53,539 |  |  | 11,617 |  |  | 12,667 |  |  | 2,761 |  |  | 80,584
Operating expenses |  |  | 38,724 |  |  | 12,373 |  |  | 5,748 |  |  | 4,514 |  |  | 61,359
Gaming tax expense |  |  | 52,821 |  |  | — |  |  | 20,511 |  |  | — |  |  | 73,332
Other segment items (1) |  |  | 13,284 |  |  | 3,564 |  |  | 1,608 |  |  | 4 |  |  | 18,460
Acquisition costs |  |  | — |  |  | — |  |  | — |  |  | 19 |  |  | 19
Adjusted EBITDAR |  | $ | 44,175 |  | $ | 10,599 |  | $ | 1,208 |  | $ | (7,285) |  | $ | 48,697
(Loss) earnings before income taxes |  | $ | (879) |  | $ | 4,244 |  | $ | 186 |  | $ | (28,625) |  | $ | (25,074)
Net (loss) earnings attributable to Century Casinos, Inc. shareholders |  | $ | (29,137) |  | $ | 2,146 |  | $ | (35) |  | $ | (28,131) |  | $ | (55,157)
Interest expense (income), net (2) |  |  | 23,440 |  |  | 6,061 |  |  | (55) |  |  | 20,765 |  |  | 50,211
Income tax expense (benefit) |  |  | 24,705 |  |  | 1,184 |  |  | 238 |  |  | (494) |  |  | 25,633
Depreciation and amortization |  |  | 21,093 |  |  | 2,237 |  |  | 1,053 |  |  | 97 |  |  | 24,480
Net earnings (loss) attributable to non-controlling interests |  |  | 3,553 |  |  | 914 |  |  | (17) |  |  | — |  |  | 4,450
Non-cash stock-based compensation |  |  | — |  |  | — |  |  | — |  |  | 846 |  |  | 846
Gain on foreign currency transactions, cost recovery income and other (3) |  |  | — |  |  | (1,907) |  |  | (333) |  |  | (350) |  |  | (2,590)
Loss (gain) on disposition of fixed assets |  |  | 521 |  |  | (36) |  |  | 357 |  |  | 1 |  |  | 843
Acquisition costs |  |  | — |  |  | — |  |  | — |  |  | (19) |  |  | (19)
Adjusted EBITDAR |  | $ | 44,175 |  | $ | 10,599 |  | $ | 1,208 |  | $ | (7,285) |  | $ | 48,697
Segment assets (4) |  | $ | 37,666 |  | $ | 27,792 |  | $ | 8,479 |  | $ | 49,263 |  | $ | 123,200
Long-lived assets (5) |  |  | 953,716 |  |  | 131,713 |  |  | 34,707 |  |  | 3,074 |  |  | 1,123,210
Total assets |  |  | 1,012,181 |  |  | 182,660 |  |  | 45,723 |  |  | 61,130 |  |  | 1,301,694
Capital expenditures |  |  | 31,587 |  |  | 1,425 |  |  | 1,276 |  |  | 52 |  |  | 34,340
(1)Other segment items include cost of goods sold and marketing expenses. (2)Interest expense in the United States and Canada segments primarily relates to the Master Lease. Interest expense in the Corporate and Other segment primarily relates to the Goldman Credit Agreement. (3)Includes $1.1 million related to cost recovery income for CDR in the Canada segment. (4)Segment assets are cash and cash equivalents. (5)Long-lived assets are calculated as total assets less total current assets and deferred income taxes.

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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