euro adhoc: Century Casinos,Inc. / Quartals- und Halbjahresbilanz / Century Casinos gibt Ergebnis des zweiten Quartals 2006 bekannt

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09.08.2006

Für das am 30. Juni 2006 endende zweite Quartal 2006 gab Century
Casinos, Inc. (Wiener Börse: CNTY und The NASDAQ Capital Market®)
heute eine Steigerung des bereinigten Periodenüberschusses* von 243%
gegenüber der Vergleichsperiode 2005 bekannt. Der bereinigte
Periodenüberschuss* (exklusive $442.000 [ca. EUR344.000] Aufwendungen
für die Eröffnung neuer Casinos) betrug $1.773.000 [ca. EUR1.379.000]
oder $0,08 [ca. EUR0,06] pro Aktie (bereinigt), verglichen mit einem
bereinigten Periodenüberschuss* von $517.000 [ca. EUR402.000]
(exklusive $8.000 [ca. EUR6.220] Aufwendungen für die Eröffnung neuer
Casinos), bzw. $0,04 [ca. EUR0,03] pro Aktie (bereinigt) für das am
30. Juni 2005 endende Quartal.

Der, auf US GAAP Basis ermittelte, Periodenüberschuss für das zweite
Quartal 2006 betrug $1.331.000 [ca. EUR1.035.000], bzw. $0,06 [ca.
EUR0,05] pro Aktie, im Vergleich zu $509.000 [ca. EUR396.000] oder
$0,04 [ca. EUR0,03] pro Aktie im zweiten Quartal 2005. Die Anzahl der
durchschnittlich im Umlauf befindlichen Aktien lag für das zweite
Quartal 2006 bei 22.749.798 gegenüber 13.754.900 im Vergleichsquartal
2005. Die Casinoerlöse stiegen um $2.524.000 [ca. EUR1.963.000], was
vor allem auf die Akquisition einer 60% Mehrheitsbeteiligung an einem
Casino in Newcastle, Südafrika, am 1. April 2006, und die weiterhin
gute Entwicklung unseres Casinobetriebes in Caledon, Südafrika,
zurückzuführen ist.

Für das am 30. Juni 2006 endende zweite Quartal wies die Gesellschaft
Nettoerlöse von $11.869.000 [ca. EUR9.233.000], bzw. eine Steigerung
von 33,2% gegenüber den im zweiten Quartal 2005 gemeldeten $8.908.000
[ca. EUR6.930.000], aus. Das bereinigte EBITDA** (earnings before
interest, income taxes, depreciation, amortization und minority
interest) betrug für das zweite Quartal 2006 $2.214.000 [ca.
EUR1.722.000] gegenüber $1.816.000 [ca. EUR1.413.000] für das
Vergleichsquartal 2005.

1. Halbjahr 2006 Für das am 30. Juni 2006 endende erste Halbjahr 2006
meldete die Gesellschaft einen bereinigten Periodenüberschuss*
(exklusive $431.000 [ca. EUR335.000] Aufwendungen für die Eröffnung
neuer Casinos) von $3.452.000 [ca. EUR2.685.000] bzw. $0,15 [ca.
EUR0,12] pro Aktie (bereinigt), im Vergleich zu $1.555.000 [ca.
EUR1.210.000] (exklusive $39.000 [ca. EUR30.000] Aufwendungen für die
Eröffnung neuer Casinos) oder $0,11 [ca. EUR0,09] pro Aktie
(bereinigt) für das erste Halbjahr 2005.

Der Periodenüberschuss auf US GAAP Basis für das am 30. Juni 2006
endende erste Halbjahr 2006 betrug $3.021.000 [ca. EUR2.350.000] oder
$0,13 [ca. EUR0,10] pro Aktie gegenüber $1.516.000 [ca. EUR1.179.000]
oder $0,11 [ca. EUR0,09] pro Aktie für die Vergleichsperiode 2005.
Die Anzahl der durchschnittlich im Umlauf befindlichen Aktien betrug
22.565.182 in den ersten sechs Monaten 2006 gegenüber 13.751.456 in
den ersten sechs Monaten 2005.

Die Gesellschaft wies im ersten Halbjahr 2006 einen 17,7% Anstieg der
Nettoerlöse auf $21.345.000 [ca. EUR16.600.000] von $18.136.000 [ca.
EUR14.108.000] in der Vergleichsperiode 2006 aus. Das bereinigte
EBITDA** für das erste Halbjahr 2006 betrug $4.606.000 [ca.
EUR3.583.000] gegenüber $4.226.000 [ca. EUR3.287.000] im ersten
Halbjahr 2005.

Akquisitionen im zweiten Quartal 2006 und neue Projekte

Am 1. April 2006 schloss Century Casinos Africa den Kauf eines 60%
Mehrheitsanteils an Balele Leisure (Pty) LTd. ("Balele"), dem
Eigentümer des Monte Vista Casinos in Newcastle, Südafrika, für ca.
$7.400.000 [ca. EUR5.757.000] ab. Balele hat mit dem Bau einer neuen
$9.800.000 [ca. EUR7.623.000] Casinoanlage in Newcastle begonnen.
Vorerst soll das Spielangebot in der neuen Anlage aus 225
Spielautomaten und sieben Spieltischen bestehen. Der Abschluss der
Bauarbeiten der neuen Casinoanlage wird im vierten Quartal 2006
erwartet.

Am 13. April 2006 erwarb die Gesellschaft über ihre 100%
Tochtergesellschaft, Century Casinos Europe GmbH ("CCE"), den
restlichen 50%-Anteil am Casino Millennium in Prag, Tschechische
Republik, für $680.207 [ca. EUR529.000]. Der Transaktionspreis
bestand aus einer Sicherheitseinlage für Casino Millenniums
Casinolizenz in der Höhe von ca. $400.000 [ca. EUR311.000], der
Übernahme eines früher vom ehemaligen Miteigentümer an Casino
Millennium gewährten Kredites und dem Kaufpreis für den 50%-Anteil
des früheren Eigentümerpartners.

Am 13. Juni 2006 schloss CCE einen Vertrag zur Übernahme von 100% der
begebenen und ausstehenden Anteile an G5 SP.z.o.o. ("G5") für ca.
$3,7 Millionen [ca. EUR2,9 Millionen] ab. G5 besitzt 33,3% aller
begebenen und ausstehenden Anteile an Casinos Poland Ltd. Casinos
Poland besitzt sieben Casinos und ein Automatencasino in Polen und
erwirtschaftete im Jahr 2005 Nettoerlöse von ca. $41,2 Millionen [ca.
EUR32,0 Millionen] , was einem Marktanteil von 50% entspricht. Im
Zusammenhang mit der Transaktion gewährte CCE einen Kredit in Höhe
von ca. $4,9 Millionen [ca. EUR3,8 Millionen] an G5, um bestehende
Gläubigerforderungen zu begleichen. Das Inkrafttreten des
Kaufvertrages, das für das vierte Quartal 2006 erwartet wird, ist
noch von einer Due Diligence Prüfung abhängig.

Am 11. Juli 2006 eröffnete das Unternehmen sein bisher größtes
Casino, das Century Casino in Central City, Colorado.

Eine detailliertere Zusammenfassung der Ergebnisse des zweiten
Quartals 2006 und des ersten Halbjahres 2006 kann der
englischsprachigen Pressemeldung im Anhang entnommen werden. Daneben
steht ab 9. August eine Präsentation der Quartalsergebnisse auf
unserer Website unter www.centurycasinos.com/presentations zur
Verfügung.

Über Century Casinos, Inc: Century Casinos, Inc. ist ein
internationales Casinounternehmen mit Sitz in Delaware, USA. Die
Gesellschaft besitzt und betreibt das Womacks Casino und Hotel in
Cripple Creek, Colorado, sowie das Casino Millennium im Marriott
Hotel in Prag, Tschechien. Weiters betreibt die Gesellschaft Casinos
an Bord der Luxus-Kreuzfahrtschiffe Silver Wind, Silver Cloud, The
World of ResidenSea, und den Schiffen von Oceania Cruises. Die
Gesellschaft besitzt 65%, sowie einen Management - Vertrag, des
Century Casino & Hotels in Central City, Colorado. Die Gesellschaft
ist auch Eigentümer eines derzeit in Bau befindlichen Casino- und
Hotelprojektes in Edmonton, Kanada. Über ihre Tochtergesellschaft
Century Casinos Africa (Pty) Limited besitzt und betreibt die
Gesellschaft das Caledon Hotel, Spa & Casino in der Nähe von
Kapstadt, Südafrika und hält 60% an und erbringt technische
Casinodienstleistungen für das Monte Vista Casino & Conference Centre
in Newcastle, Südafrika. Weiters schloss das Unternehmen über seine
österreichische Tochtergesellschaft, Century Casinos Europe GmbH,
einen Vertrag über den Erwerb eines 33,3%-Anteils an Casinos Poland
Ltd. ab. Das Inkrafttreten des Vertrages ist von einer Due Diligence
- Prüfung und der Erfüllung bestimmter Vertragsbedingungen, unter
anderem der Zustimmung der polnischen Wettbewerbsbehörde, abhängig.
Century Casinos, Inc. verfolgt laufend weitere internationale
Casino-Projekte in verschiedenen Entwicklungsstufen.

Für weitere Informationen besuchen Sie unsere Homepage unter
www.centurycasinos.com. Die Aktien der Gesellschaft werden unter dem
Tickersymbol CNTY am NASDAQ Capital Market® und im Prime Market
Segment der Wiener Börse gehandelt.

This release may contain forward-looking statements that involve
risks and uncertainties. Among the other important factors which
could cause actual results to differ materially from those in the
forward-looking statements are economic, competitive, and
governmental factors affecting the company’s operations, markets,
services and prices, as well as other factors detailed in the
Company’s filings with the Securities and Exchange Commission,
including its recent filings on Forms 10-K, 10-Q, and 8K, which
contain updated Risk Factors and other information. 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.

CENTURY CASINOS REPORTS SECOND QUARTER 2006 EARNINGS

COLORADO SPRINGS, Colorado, August 9, 2006 - For the quarter ended
June 30, 2006, Century Casinos, Inc. (NASDAQ Capital Market and the
Vienna Stock Exchange: CNTY) increased adjusted net earnings* by 243%
compared to the same quarter in 2005. Adjusted net earnings*
(excluding $442,000 of pre-opening expenses) were $1,773,000, or
$0.08 per basic share (as adjusted), compared to adjusted net
earnings* of $517,000 (excluding $8,000 of pre-opening expenses), or
$0.04 per basic share (as adjusted) for the quarter ended June 30,
2005. For the quarter ended June 30, 2006, net earnings on a GAAP
basis were $1,331,000 or $0.06 per basic share, compared to $509,000,
or $0.04 per basic share, for the quarter ended June 30, 2005. The
average weighted number of common shares outstanding was 22,749,798
for the quarter ended June 30, 2006 compared to 13,754,900 for the
same period in 2005, primarily due to the Company’s public offering
of 7,132,667 shares in October 2005. Casino revenue increased
$2,524,000 primarily due to the acquisition of a 60% majority
interest of a casino operation in Newcastle, South Africa on April 1,
2006 and continued strong performance of our Caledon, South Africa
subsidiary. In addition, interest income increased $213,000 due to a
higher level of cash on hand in the current period compared to the
second quarter of 2005. Additionally, we experienced a continued
decrease in interest expense on non-capitalizable debt due to a
decrease in our average debt balance on Cripple Creek’s revolving
credit facility and the previously reported renegotiation of
high-interest debt at our Caledon operation. Adjusted EBITDA**
(earnings before interest, income taxes, depreciation, amortization
and minority interest) for the second quarter of 2006 was $2,214,000
compared to $1,816,000 in the second quarter of 2005.

For the quarter ended June 30, 2006, the Company reported net
operating revenue of $11,869,000, a 33.2% increase over the
$8,908,000 reported in the same 2005 period. Total earnings from
operations were $1,056,000 in the second quarter of 2006 compared to
$877,000 in the second quarter of 2005. On a company-wide basis,
casino operating margins*** (defined as earnings from casino
operations divided by casino operating revenue) remained relatively
flat when comparing the quarter ended June 30, 2006 to the same
period in 2005. On a company-wide basis, hotel, food and beverage
("F&B") operating margins*** (defined as earnings from F&B operations
divided by F&B operating revenue) for the quarter ended June 30, 2006
were 38.2% compared to 37.5% for the same period in 2005.

For the six months ended June 30, 2006, the Company reported adjusted
net earnings* (excluding $431,000 of pre-opening expenses) of
$3,452,000, or $0.15 per basic share (as adjusted), compared to
adjusted net earnings* of $1,555,000 (excluding $39,000 of
pre-opening expenses), or $0.11 per basic share (as adjusted) for the
six months ended June 30, 2005. Net earnings on a GAAP basis for the
six months ended June 30, 2006 were $3,021,000 or $0.13 per basic
share, compared to $1,516,000 or $0.11 per basic share for the same
period of 2005. The average weighted number of common shares
outstanding was 22,565,182 for the six months ended June 30, 2006
compared to 13,751,456 for the same period in 2005. The Company
reported a 17.7% increase in net operating revenue to $21,345,000 for
the six months ended June 30, 2006 from $18,136,000 in the same 2005
period. Adjusted EBITDA** for the six month period was $4,606,000 in
2006 compared to $4,226,000 in the same 2005 period. The increase in
earnings is primarily due to the acquisition of our new casino
operation in Newcastle, South Africa, increased interest income
coupled with a decrease in interest expense and the allocation of
pre-opening expenditures on our Central City, Colorado project to our
minority partner.

Current Period Acquisitions and Other Recent Developments

On April 1, 2006, Century Casinos Africa completed the purchase of a
60% controlling interest in Balele Leisure (Pty) Ltd. ("Balele"),
which owns the Monte Vista Casino in Newcastle, South Africa for
approximately $7,400,000 (R45,500,000). Balele has started
construction of a new $9,800,000 facility in Newcastle. The initial
gaming mix in this new facility is expected to be 225 slot machines
and seven gaming tables. We expect to complete construction of this
new facility in the fourth quarter 2006.

On April 13, 2006, the Company, through our wholly owned subsidiary,
Century Casinos Europe GmbH ("CCE"), purchased the remaining 50% that
the Company did not own of Casino Millennium, located in Prague,
Czech Republic, for $680,207, which included a security deposit for
CM’s casino license in the amount of approximately $400,000 (CZK
10,000,000), the assumption of loans previously granted to CM by the
former minority partner and the purchase price for the former
minority partner’s 50% equity interest.

On June 13, 2006, CCE entered into an agreement to acquire 100% of
all of the issued and outstanding shares of G5 Sp. z o.o. ("G5") for
approximately $3.7 million (EUR2.9 million). G5 owns 33.3% of all
shares issued by Casinos Poland Ltd. Casinos Poland, which owns seven
casinos and one slot arcade in Poland, generated net revenues of
approximately $41.2 million in 2005. In connection with the purchase,
CCE loaned G5 approximately $4.9 million (PLN 15.0 million) to repay
existing loans between G5 and its creditors. The transaction is
expected to close by the fourth quarter of 2006, subject to due
diligence.

On July 11, 2006, we opened our largest casino operation to-date, the
Century Casino in Central City, Colorado.

Caledon

Three months ended June 30, 2006 vs. 2005

Caledon’s casino revenue increased 22.1% to $3,934,000 for the second
quarter of 2006 compared to $3,223,000 reported in the second quarter
of 2005. The slight deterioration of the Rand quarter over quarter
has had a minimal impact on the results reported in dollars. Casino
revenue, in Rand, increased by 21.9% to R25,167,000 compared to
R20,651,000 in the second quarter of 2005, including a 27.8% increase
in total table win and a 16.3% increase in the number of slot
machines. Casino expenses in Rand increased 18.1% from the second
quarter of 2005 to the second quarter of 2006, a direct result of the
growth in casino revenues. General and administrative expense for
Caledon increased 28.9% to R5,477,000 in this quarter when compared
to the second quarter of 2005 due to the outsourcing of security
services, continued maintenance expenditures and increased gaming
taxes. Casino operating margins***, excluding the effect in the
Rand/Dollar conversion rate, improved to 60.3% for the three months
ended June 30, 2006 from 59.1% for the same period in 2005.
Depreciation expense decreased R973,000 period over period. Net
earnings in the second quarter of 2006 were $736,000 compared to
$417,000 in the second quarter of 2005, or a 76.5% increase.

Six months ended June 30, 2006 vs. 2005

Caledon’s casino revenue increased by 11.2% during the first six
months of 2006 to $8,004,000 compared to $7,201,000 in 2005. The
casino revenue in Rand increased by 14.0%, year over year. Casino
expenses increased by $240,000, or 8.6% during the first six months
of 2006 compared to 2005. General and administrative expense for
Caledon was $1,581,000 for the six months ended June 30, 2006 and
$1,242,000 for the same 2005 period. Excluding the effect in the
Rand/Dollar conversion rate, general and administrative expense
increased 30.0%, primarily the result of outsourcing the security
service contracts, continued maintenance expenditures and an increase
in gaming. Casino operating margins***, excluding the effect in the
Rand/Dollar conversion rate, improved to 62.2% for the six months
ended June 30, 2006 from 61.3% for the same period in 2005. Net
earnings for the first six months of 2006 were $1,882,000 compared to
$1,461,000 for the first six months of 2005.

Womacks

Three months ended June 30, 2006 vs. 2005

Womacks’ net operating revenue decreased to $3,968,000 for the second
quarter of 2006 compared to $4,458,000 reported for the same period
in 2005. Total operating expenses decreased $216,000, or 7.0%, to
$2,884,000 in the second quarter of 2006 from $3,100,000 in the
second quarter of 2005, primarily the result of the decreased casino
revenue and the removal of poor performing slot machines from the
gaming floor, which reduced the amount of gaming taxes and other
gaming related fees for the quarter. Casino operating margins***
improved to 68.5% for the second quarter of 2006 compared to 66.1%
for the same 2005 quarter. Net earnings reported for Womacks in the
second quarter of 2006 were $616,000 compared to $888,000 in the
second quarter of 2005, a 30.6% decrease.

Six months ended June 30, 2006 vs. 2005

Womacks’ casino revenue was $8,642,000 for the first six months of
2006 compared to $9,261,000 for the first six months of 2005. Casino
expenses decreased from $3,249,000 in the 2005 period to $2,792,000
in the 2006 period. General and administrative expenses increased
$108,000 to $1,900,000 for the six months ended June 30, 2006 from
$1,792,000 for the six months ended June 30, 2005. Depreciation was
$812,000 compared to $873,000 for the six months ended June 30, 2006
and 2005, respectively. Casino operating margins*** were 67.7% for
the six months ended June 30, 2006 compared to 64.9% for the same
period in 2005. Net earnings reported for Womacks for the first six
months of 2006 were $1,169,000 compared to $1,327,000 for the first
six months of 2005, a 11.9% decrease.

Effective August 1, 2006, the Company hired Sam Cocharo as the new
general manager of Womacks. Mr. Cocharo has over 14 years of casino
management experience in the state of Colorado, most recently serving
as an assistant general manager of a large casino in Black Hawk,
Colorado.

Newcastle, South Africa

Three months ended June 30, 2006

As previously mentioned, on April 1, 2006, the Company acquired a 60%
controlling interest in the Monte Vista Casino located in Newcastle,
South Africa. For the three months ended June 30, 2006, net operating
revenues at this facility were $2,050,000. Casino operating
margins*** were 61.4%, generally consistent with our other South
Africa property. The Newcastle operation provided the Company with
net earnings of $270,000 for the quarter ended June 30, 2006.

CENTURY CASINOS, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED STATEMENTS OF EARNINGS (unaudited)
Amounts in US $ thousands, except for share information

For The Three Months ended June 30, 2006 2005
OPERATING REVENUE:
Casino $ 11,260 8,736
Hotel, food and beverage 1,272 941
Other 321 156
$ 12,853 9,833
Less promotional allowances 984 925
NET OPERATING REVENUE $ 11,869 8,908
OPERATING COSTS
AND EXPENSES:
Casino 4,571 3,461
Hotel, food and beverage 786 588
General & administrative 4,516 3,033
Property write-downs and other 7 -
write-offs, net of (recoveries)
Depreciation 933 937
Total operating costs and expenses 10,813 8,019
(Loss) from unconsolidated subsidiary - (12)
EARNINGS FROM OPERATIONS $ 1,056 877
NON-OPERATING
INCOME (EXPENSE):
Interest income 319 106
Interest expense (411) (566)
Other income (expense), net 225 5
Non-operating items from
unconsolidated subsidiary - (3)
Non-operating income
(expense), net 133 (458)
EARNINGS BEFORE INCOME
TAXES AND MINORITY INTEREST $ 1,189 419
Provision (benefit) for income taxes 105 (10)
EARNINGS BEFORE MINORITY $ 1,084 429
INTEREST
Minority interest in subsidiary losses 247 80
NET EARNINGS $ 1,331 509
EARNINGS PER SHARE:
Basic $ 0.06 0.04
Diluted $ 0.06 0.03
RECONCILIATION TO 2006 2005
ADJUSTED EBITDA**
Net earnings $ 1,331 509
Minority interest (247) (80)
Interest income (319) (106)
Interest expense 411 566
Income taxes 105 (10)
Depreciation 933 937
ADJUSTED EBITDA** $ 2,214 1,816
For The Six Months ended June 30, 2006 2005
OPERATING REVENUE:
Casino $ 20,406 17,788
Hotel, food and beverage 2,354 2,169
Other 470 371
$ 23,230 20,328
Less promotional allowances 1,885 2,192
NET OPERATING REVENUE $ 21,345 18,136
OPERATING COSTS
AND EXPENSES:
Casino 8,083 7,002
Hotel, food and beverage 1,401 1,355
General & administrative 7,559 5,475
Property write-downs and other 15 (30)
write-offs, net of (recoveries)
Depreciation 1,705 1,790
Total operating costs and expenses 18,763 15,592
(Loss) from unconsolidated subsidiary - (109)
EARNINGS FROM OPERATIONS $ 2,582 2,435
NON-OPERATING
INCOME (EXPENSE):
Interest income 597 154
Interest expense (615) (1,034)
Other income (expense), net 319 5
Non-operating items from
unconsolidated subsidiary - (4)
Non-operating income
(expense), net 301 (879)
EARNINGS BEFORE INCOME
TAXES AND MINORITY INTEREST $ 2,883 1,556
Provision for income taxes 461 146
EARNINGS BEFORE MINORITY $ 2,422 1,410
INTEREST
Minority interest in subsidiary losses 599 106
NET EARNINGS $ 3,021 1,516
EARNINGS PER SHARE:
Basic $ 0.13 0.11
Diluted $ 0.13 0.09
RECONCILIATION TO 2006 2005
ADJUSTED EBITDA**
Net earnings $ 3,021 1,516
Minority interest (599) (106)
Interest income (597) (154)
Interest expense 615 1,034
Income taxes 461 146
Depreciation 1,705 1,790
ADJUSTED EBITDA** $ 4,606 4,226

CENTURY CASINOS, INC. AND SUBSIDIARIES
RECONCILIATION OF NET EARNINGS TO ADJUSTED NET EARNINGS*
Amounts in US $ thousands, except for share information

For The Three Months ended June 30, 2006 2005
Net earnings, as reported $ 1,331 509
Pre-opening expenses - Central City, Colorado 367 -
Pre-opening expenses - Edmonton,Alberta 75 8
Total Pre-opening expenses 442 8
Adjusted net earnings* $ 1,773 517
Basic Earings Per Share:
Basic, as reported $ 0.06 0.04
Total pre-opening expenses 0.02 0.00
Earnings per share (as adjusted) $ 0.08 0.04
Diluted Earnings Per Share:
Diluted, as reported $ 0.06 0.03
Total pre-opening expenses 0.02 0.00
Earnings per share (as adjusted) $ 0.07 0.03
For The Six Months ended June 30, 2006 2005
Net earnings, as reported $ 3,021 1,516
Pre-opening expenses - Central City, Colorado 367 -
Pre-opening expenses - Edmonton,Alberta 64 39
Total Pre-opening expenses 431 39
Adjusted net earnings* $ 3,452 1,555
Basic Earings Per Share:
Basic, as reported $ 0.13 0.11
Total pre-opening expenses 0.02 0.00
Earnings per share (as adjusted) $ 0.15 0.11
Diluted Earnings Per Share:
Diluted, as reported $ 0.13 0.09
Total pre-opening expenses 0.02 0.00
Earnings per share (as adjusted) $ 0.14 0.09

CENTURY CASINOS, INC. AND SUBSIDIARIES
CONDENSED CONSOLIDATED BALANCE SHEET (unaudited)
Amounts in US $ thousands

June 30, 2006 December 31, 2005
ASSETS
Current Assets $ 32,509 40,133
Other Assets 132,167 83,430
TOTAL ASSETS $ 164,676 123,563
LIABILITIES AND
SHAREHOLDERS' EQUITY
Current Liabilities $ 16,967 9,639
Non-Current Liabilities 52,790 22,593
Shareholders' Equity 94,919 91,331
TOTAL LIABILITIES AND
SHAREHOLDERS' EQUITY $ 164,676 123,563

*Adjusted Net Earnings (Net earnings less pre-opening expenses) is
not considered a measure of performance recognized under accounting
principles generally accepted in the United States of America.
Management uses adjusted net earnings to review corporate performance
of casinos in operation by excluding the cost associated with casinos
that have not yet begun generating revenues.

**Adjusted EBITDA (Earnings before interest, income taxes,
depreciation, amortization and minority interest) is not considered a
measure of performance recognized under accounting principles
generally accepted in the United States of America. Management
believes that adjusted EBITDA is a valuable measure of the relative
performance among its operating segments. The gaming industry
commonly uses adjusted EBITDA as a method of arriving at the economic
value of a casino operation. Management uses adjusted EBITDA to
compare the relative operating performance of separate operating
units by eliminating the interest income, interest expense, income
tax expense, depreciation, amortization and minority interest expense
associated with the varying levels of capital expenditures for
infrastructure required to generate revenue, and the often high cost
of acquiring existing operations. EBITDA (Earnings before interest,
taxes, depreciation and amortization) is used by our lending
institutions to gauge operating performance. The Company’s
computation of Adjusted EBITDA may be different from, and therefore
may not be comparable to, similar measures used by other companies.

***Casino operating margin and F&B operating margin (as defined
above) are not considered measures of performance recognized under
accounting principles generally accepted in the United States of
America. Management uses both measures to evaluate the efficiency of
its internal operations.

Ende der Mitteilung euro adhoc 09.08.2006 11:30:00
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ots Originaltext: Century Casinos,Inc.
Im Internet recherchierbar: http://www.presseportal.de

Rückfragehinweis:
Century Casinos Europe GmbH
Mag. Peter Hötzinger, CO-CEO
Tel.:0664/3553935
mailto:peter.hoetzinger@cnty.com
http://www.cnty.com

Branche: Glücksspiele
ISIN: AT0000499900
WKN:
Index: WBI
Börsen: Wiener Börse AG / Amtlicher Handel