Newcastle Radio Station Opens Broadcasting Studio at Century Casino Newcastle
Newcastle Radio Station Opens Broadcasting Studio at Century Casino Newcastle
COLORADO SPRINGS, Colo., Nov. 9 /PRNewswire-FirstCall/ -- Century Casinos, Inc. (Nasdaq: CNTY; Vienna Stock Exchange) announced today that Newcastle Community Radio Station ("NCRS"), a very popular local radio station with 300,000 listeners, has relocated its broadcasting studio to Century Casino's casino and hotel resort in Newcastle, South Africa, effective November 8, 2007.
In exchange for a newly equipped broadcasting studio at Century Casino's property, NCRS will advertise Century Casinos' casino and hotel resort in Newcastle. The initial five-year contract was celebrated with a big opening event on November 8, 2007, broadcasted live to the station's listeners and, through video walls, to the casino's guests.
NCRS' opening ceremony at Century Casino Newcastle included a gala dinner for 150 VIP guests including His Majesty King Goodwill Zwelethini, King of Kwazulu-Natal, as well as Prince Dr. M. G. Buthelezi, Mr. Dube, Mayor of Newcastle, and Mr. M.D. Nkabinde, Chairman of the Board of NCRS, as well as many other personalities. The dinner was followed by the unveiling of the new studio by His Majesty King Goodwill Zwelethini, Erwin Haitzmann und Peter Hoetzinger, Co CEOs Century Casinos, and Vivian Reddy, 40% partner in Century Casino Newcastle. The official opening was concluded with a grand fireworks display.
Century Casino Newcastle, situated in South Africa's Kwazulu-Natal province, half-way between Durban and Johannesburg, is a one stop entertainment, leisure and conferencing destination. The property features 12,000 square feet of casino gaming floor, with seven gaming tables, 250 slot machines, food and beverage amenities, a show stage, as well as a supervised kids entertainment area. The complex also includes a four star, 40 room hotel, meeting and conference facilities, as well as a spa and wellness center with a wide range of beauty and relaxation treatments.
About Century Casinos, Inc:
Century Casinos, Inc. is an international casino entertainment company that owns and operates the Womacks Casino and Hotel in Cripple Creek, Colorado, the Century Casino & Hotel in Edmonton, Alberta, Canada; operates the casinos aboard the Silver Cloud, The World of ResidenSea, and the vessels of Oceania Cruises; owns a 65% interest in, and has a management contract for, Century Casino & Hotel in Central City, Colorado. Through its subsidiary Century Casinos Africa (Pty) Limited, it owns and operates The Caledon Hotel, Spa & Casino near Cape Town, South Africa, as well as 60% of, and provides technical casino services to, Century Casino Newcastle, in Newcastle, South Africa. Furthermore, the Company's Austrian subsidiary, Century Casinos Europe GmbH, owns and operates the Century Casino Millennium in the Marriott Hotel in Prague, Czech Republic and holds a 33.3% ownership interest in Casinos Poland Ltd, the owner and operator of seven full casinos and one slot casino in Poland. The Company continues to pursue other international projects in various stages of development.
For more information about Century Casinos, visit our new website at http://www.centurycasinos.com/. Century Casinos' common stock trades on The NASDAQ Capital Market(R) and the Vienna Stock Exchange under the symbol CNTY.
This release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the beliefs and assumptions of the management of Century Casinos based on information currently available to management. Such forward-looking statements include, but are not limited to, statements regarding revenue growth, marketing efforts, progress at our casinos, gaming market growth, the impact of improvements at our properties and the impact of the Colorado law banning smoking in casinos. Such forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from future results expressed or implied by such forward-looking statements. Important factors that could cause actual results to differ materially from the forward-looking statements include, among others, the risks described in the section entitled "Risk Factors" under Item 1A in our Annual Report on Form 10-K filed on March 16, 2007. Century Casinos disclaims any obligation to revise or update any forward-looking statement that may be made from time to time by it or on its behalf.
First Call Analyst:
FCMN Contact: ulrike.pichler@cnty.com
Source: Century Casinos, Inc.
CONTACT: Peter Hoetzinger, Co CEO & President, +1-719-689-5813, or
+43 664 355 3935, peter.hoetzinger@cnty.com, or Larry Hannappel, Senior Vice
President, +1-719-229-6448, larry.hannappel@cnty.com, both of Century Casinos,
Inc.
Web site:
http://www.centurycasinos.com/
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