COLORADO SPRINGSColoration. , September 6, 2022 /CNW/ — Century Casinos, Inc. (Nasdaq Capital Market®: CNTY) (“Century Casinos” or the “Firm”), introduced that bet365 has launched its web-based and cell sports activities betting software utilizing the one of many principal licenses of the Firm with the state of colorado.
The web sports activities betting working settlement with bet365 is a 10-year settlement which features a minimal annual income assure and a proportion of internet gaming income payable to the corporate annually, along with an upfront price, which have been paid on the signing of the contract in Might 2020.
bet365 is the world’s largest on-line sports activities betting firm with annual sports activities betting revenues of virtually $4 billion and greater than 6,000 staff worldwide. On its world-class proprietary product, bet365 presents the widest vary of ‘in-play’ sports activities betting occasions within the trade with over 75 sports activities coated and over 600,000 occasions streamed dwell annually to 80 million registered prospects throughout greater than 160 nations world wide. . Cultural and linguistic areas world wide are served utilizing geo-specific content material and 21 totally different languages to reinforce the client expertise, which is additional enhanced by providing 23 totally different deposit currencies and 50 fee strategies. The bet365 model is licensed within the UK, Malta, Gibraltar, Buenos Aires City, Province of Buenos Aires, Bulgaria, Cyprus, Denmark, Estonia, Germany, Greece, Eire, Italy, Mexico, Netherlandsthe Northern Territory of Australia, Ontario, Spain, Swedenand operates underneath a transactional waiver within the state of New Jersey.
bet365 has in depth expertise working with native licensing, regulatory and reporting necessities throughout its international footprint and pays substantial license charges and costs in every of those jurisdictions. bet365 is acknowledged as an trade chief and is often celebrated for its experience because the winner of prestigious trade awards, together with eGaming Assessment Operator of the Yr and Sportsbook Operator of the Yr. ’12 months. At present they’re rated #3 on the EGR Energy 50.
About Century Casinos, Inc.:
Century Casinos, Inc. is a on line casino leisure firm. The Firm owns and operates Century On line casino & Resorts in Cripple Creek and Downtown, Coloradoand in Edmonton, Alberta, Canada; Century On line casino Cape Girardeau and Caruthersville, Missouriand in St. Albert, Alberta, Canada; Mountaineer On line casino, Racetrack and Resort at New Cumberland, West Virginia; and the Century Mile Racetrack and On line casino at Edmonton, Alberta, Canada. By its Austrian subsidiary, Century Resorts Administration GmbH, the Firm holds a 66.6% curiosity in Casinos Poland Ltd., proprietor and operator of eight casinos throughout Poland; a 75% stake in Century Downs Racetrack and On line casino in Calgary, Alberta, Canada. By his United States subsidiary, Century Nevada Acquisition, Inc., the Firm holds a 50% curiosity in Clean Bourbon, LLC, which owns the land and constructing of the Nugget On line casino and Resort (the “Nugget”) in Sparks, Nevada. The Firm has entered into an settlement to buy 100% of the members’ curiosity within the Nugget and an settlement to buy 100% of the curiosity within the Rocky Hole On line casino Resort operations. The Firm has additionally entered into an settlement to function a on line casino on board a ship. The Firm continues to pursue different initiatives at numerous levels of growth.
Century Casinos frequent inventory trades on the Nasdaq Capital Market® underneath the image CNTY. For extra details about Century Casinos, go to our web site at www.cnty.com.
This launch incorporates sure “forward-looking statements” inside the which means of Part 27A of the Securities Act of 1933, as amended, Part 21E of the Securities Change Act of 1934, as amended, and the Personal Securities Litigation Reform Act of 1995 – forward-looking statements could also be recognized by phrases similar to “anticipate”, “anticipate”, “consider”, “intend”, “estimate”, “plan”, “goal”, “goal”. or comparable expressions, or future or conditional verbs similar to “will”, “could”, “may”, “ought to”, “would”, “may” or comparable variations. These statements are based mostly on the beliefs and assumptions of Century Casinos administration based mostly on data at the moment accessible to administration. These forward-looking statements are topic to dangers, uncertainties and different components that would trigger precise outcomes to vary materially from future outcomes expressed or implied by these forward-looking statements. Though there isn’t any assure that the record of dangers and uncertainties or danger components is full, listed beneath are sure components that would trigger precise outcomes to vary materially from these contained or implied. understood within the forward-looking statements, together with: the dangers related to the sports activities betting enterprise; the timing of the launch of the sports activities betting exercise; the likelihood that anticipated working outcomes and different advantages of the sports activities betting enterprise won’t be realized when anticipated or in any respect; native dangers, together with native competitors, potential competitors and legislative and regulatory dangers; and different dangers described within the part titled “Danger Elements” underneath Merchandise 1A of the Firm’s Annual Report on Type 10-Okay for the 12 months ended December 31, 2021, and in subsequent periodic and contemporaneous SEC filings that the Firm could make. Century Casinos disclaims any obligation to revise or replace any forward-looking statements that could be made every now and then by it or on its behalf.
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SOURCE Century Casinos, Inc.
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