Century Casinos Completes Acquisition of Nugget Casino Resort Operations for $100M From Marnell

Century Casinos, Inc. | April 4, 2023

COLORADO SPRINGS, Colo.,  April 4, 2023 -- Century Casinos, Inc. (Nasdaq Capital Market®: CNTY) ("Century Casinos" or the "Company"), announced that it completed the acquisition of the operations of the Nugget Casino Resort ("Nugget") from Marnell Gaming, LLC ("Marnell") for approximately $100 million (the "Acquisition") on April 3, 2023. Prior to the Acquisition, in April 2022, the Company purchased from Marnell 50% of the membership interests in Smooth Bourbon LLC ("Smooth Bourbon"). Smooth Bourbon owns the land and building on which the Nugget is located. The Nugget and Smooth Bourbon have a lease agreement for the land and build...