Form 8-K

8-K — CENTURY CASINOS INC /CO/

Accession: 0000911147-26-000042

Filed: 2026-08-07

Period: 2026-08-06

CIK: 0000911147

SIC: 7011 (HOTELS & MOTELS)

Item: Results of Operations and Financial Condition

Item: Regulation FD Disclosure

Item: Financial Statements and Exhibits

Documents

8-K — cnty-20260806x8k.htm (Primary)

EX-99.1 (cnty-20260806xex99_1.htm)

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8-K

8-K (Primary)

Filename: cnty-20260806x8k.htm · Sequence: 1

cnty-20260806x8k

false000091114700009111472026-08-062026-08-06

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): August 6, 2026

CENTURY CASINOS, INC.

(Exact Name of Registrant as specified in its charter)

Delaware

0-22900

84-1271317

(State or other jurisdiction

(Commission

(I.R.S. Employer

of incorporation)

File Number)

Identification Number)

455 E. Pikes Peak Ave., Suite 210, Colorado Springs, Colorado

80903

(Address of principal executive offices)

(Zip Code)

Registrant’s telephone number, including area code:

719-527-8300

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common Stock, $0.01 Per Share Par Value

CNTY

Nasdaq Capital Market, Inc.

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ¨

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

‎

Item 2.02 Results of Operations and Financial Condition.

On August 7, 2026, Century Casinos, Inc., a Delaware corporation (the “Company”), issued a press release reporting its financial results for the second quarter of 2026. A copy of the press release is being furnished as Exhibit 99.1 to this Current Report.

Item 7.01 Regulation FD Disclosure.

The information in this report and Exhibit 99.1 attached hereto (i) is being furnished and shall not be deemed “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, and (ii) shall not be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

This report (including Exhibit 99.1) may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the current beliefs and expectations of the Company’s management and are subject to significant risks and uncertainties. Actual results may differ from those set forth in the forward-looking statements. Factors that could cause the Company’s actual results to differ materially from those described in the forward-looking statements can be found in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025, that has been filed with the Securities and Exchange Commission. The Company does not undertake to update the forward-looking statements to reflect the impact of circumstances or events that may arise after the date of the forward-looking statements.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.

Description

99.1

Century Casinos, Inc. Press Release August 7, 2026

104

Cover Page Interactive Data File, formatted in Inline XBRL

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Century Casinos, Inc.

Date: August 6, 2026

By: /s/ Margaret Stapleton

Margaret Stapleton

Chief Financial Officer

EX-99.1

Filename: cnty-20260806xex99_1.htm · Sequence: 2

Exhibit 991 Earnings Release Q2 2026

PRESS RELEASE

August 7, 2026

Century Casinos, Inc. Announces Second Quarter 2026 Results

All-Time Record Q2 Net Operating Revenue and Adjusted EBITDAR, Driven by Strong Performance in North America.

Colorado Springs, Colorado – August 7, 2026 – Century Casinos, Inc. (the “Company”, “we”, “us”, or “our”) (Nasdaq Capital Market®: CNTY) today announced its financial results for the three and six months ended June 30, 2026.

Second Quarter 2026 Highlights*

Compared to the three months ended June 30, 2025:

Net operating revenue was $152.0 million, an increase of 1%.

Earnings from operations was $17.2 million, an increase of 4%.

Net loss attributable to Century Casinos, Inc. shareholders was ($10.9) million, a change of 11%, and net loss per share was ($0.39).

Adjusted EBITDAR** was $31.7 million, an increase of 5%.

Highlights of our US West Segment compared to the three months ended June 30, 2025*:

Net operating revenue was $23.4 million, an increase of 16%.

Net loss attributable to Century Casinos, Inc. shareholders was ($0.7) million, a 75% improvement.

Adjusted EBITDAR** was $4.5 million, a 93% increase.

“We are very pleased with the results of our North American operations during the second quarter, driven by a strong performance at the Nugget, in the US West reportable segment, as well as in the US Midwest reportable segment, which includes our Missouri and Colorado properties. The Nugget’s Adjusted EBITDAR** grew an additional 93%, after growing by 93% in the first quarter, and we will continue to work diligently at the property to continue this performance throughout 2026 and beyond. Unfortunately, the results in North America were negatively impacted by Poland, which continued to underperform due, in part, to low table hold in June 2026. However, we are seeing some signs of improvement in Poland that should lead to better results over the next several quarters,” Erwin Haitzmann and Peter Hoetzinger, Co-Chief Executive Officers of Century Casinos, remarked.

RESULTS

The consolidated results for the three and six months ended June 30, 2026 and 2025 are as follows:

For the three months

For the six months

Amounts in thousands, except per share data

ended June 30,

Consolidated Results:

2026

2025

Change

2026

2025

Change

Net operating revenue

151,995

150,818

289,234

281,261

Earnings from operations

17,180

16,575

28,941

23,715

22%

Net loss attributable to Century Casinos, Inc. shareholders

(10,910)

(12,309)

11%

(27,414)

(32,922)

17%

Adjusted EBITDAR**

31,660

30,304

56,599

50,459

12%

Net loss per share attributable to Century Casinos, Inc. shareholders:

Basic

(0.39)

(0.40)

(0.96)

(1.08)

11%

Diluted

(0.39)

(0.40)

(0.96)

(1.08)

11%

* Amounts presented are rounded. As such, rounding differences could occur in period over period changes and percentages reported.

** Adjusted EBITDAR and Adjusted EBITDAR margin are Non-US GAAP financial measures. See discussion and reconciliation of Non-US GAAP financial measures in Supplemental Information below.

RESULTS BY Reportable Segment*

Following is a summary of the changes in net operating revenue by reportable segment for the three and six months ended June 30, 2026, compared to the three and six months ended June 30, 2025:

Net Operating Revenue

For the three months

For the six months

Amounts in

ended June 30,

thousands

2026

2025

Change

2026

2025

Change

US East

43,576

44,556

(980)

(2%)

82,505

81,690

815

US Midwest

44,680

41,374

3,306

86,487

81,128

5,359

US West

23,378

20,174

3,204

16%

40,446

36,583

3,863

11%

Canada

20,439

20,005

434

38,762

36,521

2,241

Poland

19,922

24,709

(4,787)

(19%)

41,034

45,339

(4,305)

(10%)

Consolidated

151,995

150,818

1,177

289,234

281,261

7,973

Following is a summary of the changes in earnings (loss) from operations by reportable segment for the three and six months ended June 30, 2026, compared to the three and six months ended June 30, 2025:

Earnings (Loss) from Operations

For the three months

For the six months

Amounts in

ended June 30,

thousands

2026

2025

Change

2026

2025

Change

US East

3,785

4,083

(298)

(7%)

5,268

4,520

748

17%

US Midwest

12,870

11,624

1,246

11%

24,684

21,201

3,483

16%

US West

1,109

(978)

2,087

213%

(881)

(3,645)

2,764

76%

Canada

5,019

4,533

486

11%

9,300

7,894

1,406

18%

Poland

(659)

464

(1,123)

(242%)

(838)

355

(1,193)

(336%)

Other (1)

(4,944)

(3,151)

(1,793)

(57%)

(8,592)

(6,610)

(1,982)

(30%)

Consolidated

17,180

16,575

605

28,941

23,715

5,226

22%

(1)

Represents additional business activities including certain other corporate and management operations that are not included in the Company’s reportable segments. Information is presented for reconciliation purposes.

* Amounts presented are rounded. As such, rounding differences could occur in period over period changes and percentages reported.

** Adjusted EBITDAR and Adjusted EBITDAR margin are Non-US GAAP financial measures. See discussion and reconciliation of Non-US GAAP financial measures in Supplemental Information below.

2/12

Following is a summary of the changes in net (loss) earnings attributable to Century Casinos, Inc. shareholders by reportable segment for the three and six months ended June 30, 2026, compared to the three and six months ended June 30, 2025:

Net (Loss) Earnings Attributable to Century Casinos, Inc. Shareholders

For the three months

For the six months

Amounts in

ended June 30,

thousands

2026

2025

Change

2026

2025

Change

US East

(2,862)

(2,263)

(599)

(27%)

(8,017)

(8,463)

446

US Midwest

6,023

4,640

1,383

30%

10,966

7,747

3,219

42%

US West

(708)

(2,864)

2,156

75%

(4,532)

(7,314)

2,782

38%

Canada

1,145

599

546

91%

1,699

533

1,166

219%

Poland

(528)

245

(773)

(316%)

(835)

(916)

(1131%)

Other (1)

(13,980)

(12,666)

(1,314)

(10%)

(26,695)

(25,506)

(1,189)

(5%)

Consolidated

(10,910)

(12,309)

1,399

11%

(27,414)

(32,922)

5,508

17%

(1)

Items deducted from or added to earnings (loss) from operations to arrive at net (loss) earnings attributable to Century Casinos, Inc. shareholders include interest income, interest expense, gains (losses) on foreign currency transactions and other, income tax (benefit) expense, and non-controlling interests.

Following is a summary of the changes in Adjusted EBITDAR** by reportable segment for the three and six months ended June 30, 2026 compared to the three and six months ended June 30, 2025:

Adjusted EBITDAR**

For the three months

For the six months

Amounts in

ended June 30,

thousands

2026

2025

Change

2026

2025

Change

US East

7,654

7,903

(249)

(3%)

13,037

12,143

894

US Midwest

16,689

15,452

1,237

32,337

28,890

3,447

12%

US West

4,508

2,338

2,170

93%

5,902

3,059

2,843

93%

Canada

6,220

5,607

613

11%

11,703

9,967

1,736

17%

Poland

1,942

(1,890)

(97%)

555

2,488

(1,933)

(78%)

Other (1)

(3,463)

(2,938)

(525)

(18%)

(6,935)

(6,088)

(847)

(14%)

Consolidated

31,660

30,304

1,356

56,599

50,459

6,140

12%

(1)

* Amounts presented are rounded. As such, rounding differences could occur in period over period changes and percentages reported.

** Adjusted EBITDAR and Adjusted EBITDAR margin are Non-US GAAP financial measures. See discussion and reconciliation of Non-US GAAP financial measures in Supplemental Information below.

3/12

Balance Sheet and Liquidity

As of June 30, 2026, the Company had $60.2 million in cash and cash equivalents compared to $68.9 million in cash and cash equivalents at December 31, 2025. As of June 30, 2026, the Company had $336.5 million in outstanding debt compared to $337.7 million in outstanding debt at December 31, 2025. The outstanding debt as of June 30, 2026 included $331.6 million related to a term loan under the Company’s credit agreement with Goldman Sachs Bank USA (“Goldman”), $0.9 million under a credit agreement related to Casinos Poland (“CPL”) and $3.9 million under a revolving credit facility related to CPL. The Company also has a revolving line of credit with Goldman of up to $30.0 million. If the Company has aggregate outstanding revolving loans, swingline loans and letters of credit greater than $10.5 million under the credit agreement with Goldman as of the last day of any fiscal quarter, it is required to maintain a Consolidated First Lien Net Leverage Ratio of 5.50 to 1.00 or less for such fiscal quarter. As of June 30, 2026, the Consolidated First Lien Net Leverage Ratio exceeded 5.50 to 1.00, but the Company had no outstanding revolving loans, swingline loans or letters of credit under the credit agreement with Goldman. The Company also has a $708.0 million long-term financing obligation under its master lease with subsidiaries of VICI Properties, Inc. (“Master Lease”).

Conference Call Information

Today the Company will post a copy of its quarterly report on Form 10-Q filed with the SEC for the quarter ended June 30, 2026 on its website at www.cnty.com/investor/financials/sec-filings/. The Company will also post its current presentation, which may be used in one or more meetings with current and potential investors from time to time, at the Company’s website under www.cnty.com/investor/presentations/.

The Company will host its second quarter 2026 earnings conference call today, Friday, August 7, 2026 at 10:00 am EDT / 8:00 am MDT. U.S. domestic participants should dial 888-999-6281. For all international participants, please use 848-280-6550 to dial-in. The conference ID is ‘Casinos’. Participants may listen to the call live at https://app.webinar.net/5PAjQGDaNEk or obtain a recording of the call on the Company’s website until August 31, 2026 at www.cnty.com/investor/financials/financial-results/.

* Amounts presented are rounded. As such, rounding differences could occur in period over period changes and percentages reported.

** Adjusted EBITDAR and Adjusted EBITDAR margin are Non-US GAAP financial measures. See discussion and reconciliation of Non-US GAAP financial measures in Supplemental Information below.

4/12

CENTURY CASINOS, INC. AND SUBSIDIARIES

UNAUDITED FINANCIAL INFORMATION – US GAAP BASIS

Condensed Consolidated Statements of Loss

For the three months

For the six months

ended June 30,

Amounts in thousands, except for share information

2026

2025

2026

2025

Operating revenue:

Net operating revenue

151,995

150,818

289,234

281,261

Operating costs and expenses:

Total operating costs and expenses

134,815

134,243

260,293

257,546

Earnings from operations

17,180

16,575

28,941

23,715

Non-operating (expense) income, net

(25,860)

(24,898)

(51,496)

(50,435)

Loss before income taxes

(8,680)

(8,323)

(22,555)

(26,720)

Income tax expense

(625)

(1,250)

(1,534)

(1,732)

Net loss

(9,305)

(9,573)

(24,089)

(28,452)

Net earnings attributable to non-controlling interests

(1,605)

(2,736)

(3,325)

(4,470)

Net loss attributable to Century Casinos, Inc. shareholders

(10,910)

(12,309)

(27,414)

(32,922)

Net loss per share attributable to Century Casinos, Inc. shareholders:

Basic

(0.39)

(0.40)

(0.96)

(1.08)

Diluted

(0.39)

(0.40)

(0.96)

(1.08)

Weighted average common shares

Basic

28,195

30,565

28,413

30,624

Diluted

28,195

30,565

28,413

30,624

Condensed Consolidated Balance Sheets

June 30,

December 31,

Amounts in thousands

2026

2025

Assets

Current assets

92,647

104,072

Property and equipment, net

882,052

902,756

Other assets

130,505

140,443

Total assets

1,105,204

1,147,271

Liabilities and (Deficit) Equity

Current liabilities

77,633

79,780

Non-current liabilities

1,063,117

1,074,273

Century Casinos, Inc. shareholders' (deficit) equity

(125,671)

(97,697)

Non-controlling interests

90,125

90,915

Total liabilities and (deficit) equity

1,105,204

1,147,271

5/12

CENTURY CASINOS, INC. AND SUBSIDIARIES

UNAUDITED SUPPLEMENTAL INFORMATION

Reconciliation of Adjusted EBITDAR* to Net (Loss) Earnings Attributable to Century Casinos, Inc. Shareholders by Reportable Segment.

For the three months ended June 30, 2026

Amounts in thousands

East

Midwest

West

Canada

Poland

Other (1)

Total

North America Total

Net (loss) earnings attributable to Century Casinos, Inc. shareholders

(2,862)

6,023

(708)

1,145

(528)

(13,980)

(10,910)

3,598

Interest income

—

(41)

(1)

(43)

(85)

(41)

Interest expense (2)

6,641

6,784

—

3,475

8,969

25,937

16,900

Income tax expense

—

440

103

625

499

Depreciation and amortization

3,869

3,819

3,394

1,201

711

13,014

12,283

Net earnings (loss) attributable to non-controlling interests

—

1,815

(263)

—

1,605

1,868

Non-cash stock-based compensation

—

211

—

Loss (gain) on foreign currency transactions, cost recovery income and other

—

(55)

(9)

(50)

Loss on disposition of fixed assets

—

Pre-opening and termination expenses

—

1,250

—

Adjusted EBITDAR

7,654

16,689

4,508

6,220

(3,463)

31,660

35,071

(1)

Represents additional business activities including certain other corporate and management operations that are not included in our reportable segments. Information is presented for reconciliation purposes.

(2)

See “Summary of Interest Expense” below for a breakdown of interest expense and “Cash Rent Payments” below for more information on the rent payments related to the Master Lease.

6/12

CENTURY CASINOS, INC. AND SUBSIDIARIES

UNAUDITED SUPPLEMENTAL INFORMATION

Reconciliation of Adjusted EBITDAR* to Net (Loss) Earnings Attributable to Century Casinos, Inc. Shareholders by Reportable Segment.

For the three months ended June 30, 2025

Amounts in thousands

East

Midwest

West

Canada

Poland

Other (1)

Total

North America Total

Net (loss) earnings attributable to Century Casinos, Inc. shareholders

(2,263)

4,640

(2,864)

599

245

(12,666)

(12,309)

112

Interest income

—

(3)

—

(91)

(3)

(176)

(273)

(94)

Interest expense (2)

6,344

6,741

—

3,429

9,645

26,211

16,514

Income tax expense

—

223

—

748

241

1,250

971

Depreciation and amortization

3,821

3,828

3,361

1,074

741

12,843

12,084

Net earnings attributable to non-controlling interests

—

1,840

772

124

—

2,736

2,612

Non-cash stock-based compensation

—

195

—

(Gain) loss on foreign currency transactions, cost recovery income and other (3)

—

(922)

(210)

(1,124)

(922)

Loss (gain) on disposition of fixed assets

(2)

—

Pre-opening and termination expenses

—

741

—

741

—

Adjusted EBITDAR

7,903

15,452

2,338

5,607

1,942

(2,938)

30,304

31,300

(1)

(2)

See “Summary of Interest Expense” below for a breakdown of interest expense and “Cash Rent Payments” below for more information on the rent payments related to the Master Lease.

(3)

Includes $1.0 million related to cost recovery income for CDR in the Canada segment.

7/12

CENTURY CASINOS, INC. AND SUBSIDIARIES

UNAUDITED SUPPLEMENTAL INFORMATION

Reconciliation of Adjusted EBITDAR* to Net (Loss) Earnings Attributable to Century Casinos, Inc. Shareholders by Reportable Segment.

For the six months ended June 30, 2026

Amounts in thousands

East

Midwest

West

Canada

Poland

Other (1)

Total

Net (loss) earnings attributable to Century Casinos, Inc. shareholders

(8,017)

10,966

(4,532)

1,699

(835)

(26,695)

(27,414)

Interest income

—

(90)

(5)

(126)

(221)

Interest expense (2)

13,275

13,602

—

6,976

129

17,900

51,882

Income tax expense

—

108

—

677

430

319

1,534

Depreciation and amortization

7,769

7,653

6,778

2,403

1,393

26,031

Net earnings (loss) attributable to non-controlling interests

—

3,648

(417)

—

3,325

Non-cash stock-based compensation

—

372

Loss (gain) on foreign currency transactions, cost recovery income and other

—

(59)

(157)

(201)

Loss on disposition of fixed assets

—

Pre-opening and termination expenses

—

1,250

Adjusted EBITDAR

13,037

32,337

5,902

11,703

555

(6,935)

56,599

(1)

(2)

See “Summary of Interest Expense” below for a breakdown of interest expense and “Cash Rent Payments” below for more information on the rent payments related to the Master Lease.

8/12

CENTURY CASINOS, INC. AND SUBSIDIARIES

UNAUDITED SUPPLEMENTAL INFORMATION

Reconciliation of Adjusted EBITDAR* to Net (Loss) Earnings Attributable to Century Casinos, Inc. Shareholders by Reportable Segment.

For the six months ended June 30, 2025

Amounts in thousands

East

Midwest

West

Canada

Poland

Other (1)

Total

Net (loss) earnings attributable to Century Casinos, Inc. shareholders

(8,463)

7,747

(7,314)

533

(25,506)

(32,922)

Interest income

—

(12)

—

(183)

(11)

(447)

(653)

Interest expense (2)

12,981

13,220

—

6,729

102

19,215

52,247

Income tax expense

—

223

—

964

331

214

1,732

Depreciation and amortization

7,623

7,689

6,704

2,073

1,111

25,236

Net earnings attributable to non-controlling interests

—

3,623

805

—

4,470

Non-cash stock-based compensation

—

486

Gain on foreign currency transactions, cost recovery income and other (3)

—

(952)

(205)

(86)

(1,243)

Loss (gain) on disposition of fixed assets

(2)

—

Pre-opening and termination expenses

—

1,022

—

1,022

Adjusted EBITDAR

12,143

28,890

3,059

9,967

2,488

(6,088)

50,459

(1)

(2)

See “Summary of Interest Expense” below for a breakdown of interest expense and “Cash Rent Payments” below for more information on the rent payments related to the Master Lease.

(3)

Includes $1.0 million related to cost recovery income for CDR in the Canada segment.

9/12

CENTURY CASINOS, INC. AND SUBSIDIARIES

UNAUDITED SUPPLEMENTAL INFORMATION

Net Earnings (Loss) Margins** and Adjusted EBITDAR Margins***

For the three months

For the six months

ended June 30,

2026

2025

2026

2025

US East

Net Operating Revenue

43,576

44,556

82,505

81,690

Net Earnings (Loss) Margin

(7%)

(5%)

(10%)

Adjusted EBITDAR Margin

18%

16%

15%

US Midwest

Net Operating Revenue

44,680

41,374

86,487

81,128

Net Earnings (Loss) Margin

13%

11%

13%

10%

Adjusted EBITDAR Margin

37%

36%

US West

Net Operating Revenue

23,378

20,174

40,446

36,583

Net Earnings (Loss) Margin

(3%)

(14%)

(11%)

(20%)

Adjusted EBITDAR Margin

19%

12%

15%

Canada

Net Operating Revenue

20,439

20,005

38,762

36,521

Net Earnings (Loss) Margin

Adjusted EBITDAR Margin

30%

28%

30%

27%

Poland

Net Operating Revenue

19,922

24,709

41,034

45,339

Net Earnings (Loss) Margin

(3%)

(2%)

—

Adjusted EBITDAR Margin

—

Other (1)

Net Operating Revenue

—

Net Earnings (Loss) Margin

NM (2)

Adjusted EBITDAR Margin

Consolidated

Net Operating Revenue

151,995

150,818

289,234

281,261

Net Earnings (Loss) Margin

(7%)

(8%)

(9%)

(12%)

Adjusted EBITDAR Margin

21%

20%

18%

(1)

(2)

Not meaningful.

Summary of Interest Expense

For the three months

For the six months

ended June 30,

Amounts in thousands

2026

2025

2026

2025

Interest expense - Credit Agreements

8,195

8,864

16,350

17,656

Interest expense - Master Lease Financing Obligation

16,887

16,494

33,827

32,896

Interest expense - Deferred Financing Costs

674

1,348

Interest expense - Miscellaneous

181

179

357

347

Interest expense

25,937

26,211

51,882

52,247

Cash Rent Payments

For the three months

For the six months

ended June 30,

Amounts in thousands

2026

2025

2026

2025

Master Lease

17,376

14,404

35,451

28,731

Nugget Lease (1)

2,018

1,936

4,023

3,849

(1)

Represents payments with respect to the 50% interest in the Nugget Lease owned by Marnell Gaming, LLC through Smooth Bourbon, LLC, a 50% owned subsidiary of the Company that owns the real estate assets underlying the Nugget Casino Resort.

10/12

CENTURY CASINOS, INC. AND SUBSIDIARIES

UNAUDITED SUPPLEMENTAL INFORMATION

The table below shows the Company’s reporting units and operating segments that are included in each of the Company’s reportable segments as of June 30, 2026.

Reportable Segment and

Operating Segment

Reporting Unit

US East

Mountaineer Casino, Resort & Races

Rocky Gap Casino, Resort & Golf

US Midwest

Century Casino & Hotel Central City

Century Casino & Hotel Cripple Creek

Century Casino & Hotel Cape Girardeau and The Riverview

Century Casino & Hotel Caruthersville and The Farmstead

US West

Nugget Casino Resort and Smooth Bourbon, LLC

Canada

Century Casino & Hotel Edmonton

Century Casino St. Albert

Century Mile Racetrack and Casino

Century Downs Racetrack and Casino

Poland

Casinos Poland

* We define Adjusted EBITDAR as net (loss) earnings attributable to Century Casinos, Inc. shareholders before interest expense (income), net, income taxes (benefit), depreciation, amortization, non-controlling interests net earnings (losses) and transactions, pre-opening expenses, termination expenses, acquisition costs, non-cash stock-based compensation charges, asset impairment costs, loss (gain) on disposition of fixed assets, discontinued operations, (gain) loss on foreign currency transactions, cost recovery income and other, gain on business combination and certain other one-time transactions. The Master Lease is accounted for as a financing obligation. As such, a portion of the periodic payment under the Master Lease is recognized as interest expense with the remainder of the payment impacting the financing obligation using the effective interest method. Intercompany transactions consisting primarily of management and royalty fees and interest, along with their related tax effects, are excluded from the presentation of net (loss) earnings attributable to Century Casinos, Inc. shareholders and Adjusted EBITDAR reported for each segment. Not all of the aforementioned items occur in each reporting period, but have been included in the definition based on historical activity. These adjustments have no effect on the consolidated results as reported under US GAAP.

Adjusted EBITDAR is used outside of our financial statements solely as a valuation metric and is not considered a measure of performance recognized under US GAAP. Adjusted EBITDAR is an additional metric used by analysts in valuing gaming companies subject to triple net leases such as our Master Lease since it eliminates the effects of variability in leasing methods and capital structures. This metric is included as supplemental disclosure because (i) we believe Adjusted EBITDAR is used by gaming operator analysts and investors to determine the equity value of gaming operators and (ii) financial analysts refer to Adjusted EBITDAR when valuing our business. We believe Adjusted EBITDAR is useful for equity valuation purposes because (i) its calculation isolates the effects of financing real estate, and (ii) using a multiple of Adjusted EBITDAR to calculate enterprise value allows for an adjustment to the balance sheet to recognize estimated liabilities arising from operating leases related to real estate.

Adjusted EBITDAR should not be construed as an alternative to net (loss) earnings attributable to Century Casinos, Inc. shareholders, the most directly comparable US GAAP measure, as indicators of our performance. In addition, consolidated Adjusted EBITDAR also should not be viewed as a measure of overall operating performance or considered in isolation or as an alternative to net (loss) earnings attributable to Century Casinos, Inc. shareholders, because it excludes the rent expense associated with our Master Lease and several other items. Adjusted EBITDAR as used by us may not be defined in the same manner as other companies in our industry, and, as a result, may not be comparable to similarly titled non-US GAAP financial measures of other companies.

11/12

CENTURY CASINOS, INC. AND SUBSIDIARIES

UNAUDITED SUPPLEMENTAL INFORMATION

** We define net earnings (loss) margin as net (loss) earnings attributable to Century Casinos, Inc. shareholders divided by net operating revenue.

*** We define Adjusted EBITDAR margin as Adjusted EBITDAR divided by net operating revenue. Adjusted EBITDAR margins are a non-US GAAP measure. Management uses these margins as one of several measures to evaluate the efficiency of our casino operations.

About Century Casinos, Inc.:

Century Casinos, Inc. is a casino entertainment company. The Company operates the following reportable segments: (i) US East includes the Mountaineer Casino, Resort & Races in New Cumberland, West Virginia and Rocky Gap Casino, Resort & Golf in Flintstone, Maryland; (ii) US Midwest includes the Century Casinos & Hotels in Cape Girardeau and Caruthersville, Missouri, and in Cripple Creek and Central City, Colorado; (iii) US West includes the Nugget Casino Resort in Reno-Sparks, Nevada; (iv) Canada includes Century Casino & Hotel in Edmonton, the Century Casino in St. Albert, Century Mile Racetrack and Casino in Edmonton, Alberta and Century Downs Racetrack and Casino in Calgary, Alberta; and (v) Poland, where the Company operates six casinos through its subsidiary Casinos Poland Ltd. The Company continues to pursue other projects in various stages of development.

Century Casinos’ common stock trades on The Nasdaq Capital Market® under the symbol CNTY. For more information about Century Casinos, visit our website at www.cnty.com.

FORWARD-LOOKING STATEMENTS, BUSINESS ENVIRONMENT AND RISK FACTORS

This release may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and 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 the potential for our portfolio of casinos, the strategic review process and the potential sale of our Poland operations, projects in development and other opportunities, our credit agreement with Goldman and obligations under our Master Lease and our ability to repay our debt and other obligations, outcomes of legal proceedings, changes in our tax provisions or exposure to additional income tax liabilities, impairments, and plans for our casinos and our Company including expectations regarding Adjusted EBITDAR and cash flow in 2026, improved performance at the Nugget and in Poland, and other estimates, forecasts and expectations regarding 2026 and later results, and any other statements that are not purely historical. 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 for the year ended December 31, 2025 and our Quarterly Report on Form 10-Q for the quarter ended June 30, 2026, and in subsequent periodic and current SEC filings we may make. 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.

12/12

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