Business
Century Casinos Announces Sports Betting Partnership with BetMGM in Missouri
COLORADO SPRINGS, Colo., May 27, 2025 /PRNewswire/ -- Century Casinos, Inc. (Nasdaq Capital Market®: CNTY) announced today that its subsidiary, Century Casino
About this update from Century Casinos, Inc.
[{"type":"text","content":"COLORADO SPRINGS, Colo., May 27, 2025 /PRNewswire/ -- Century Casinos, Inc. (Nasdaq Capital Market®: CNTY) announced today that its subsidiary, Century Casino & Hotel Cape Girardeau (\"Century\"), has entered into a long-term agreement with BetMGM to bring BetMGM's sports betting platform to the Missouri market.\n\n \n \n \n \n \n \n\n \nUnder the terms of the agreement, BetMGM will operate an online and mobile sports betting application under Century's license in Missouri. The agreement includes a percentage of net gaming revenue payable to Century, with a guaranteed minimum, as well as retail sportsbook options to be exercised at Century's discretion.\n\"We are excited to partner with BetMGM, a leading online sports betting and gaming entertainment company with a dynamic and innovative brand\" stated Erwin Haitzmann and Peter Hoetzinger, Co-Chief Executive Officers of Century Casinos. \"This partnership is another step forward in leveraging our Missouri licenses and delivering premium entertainment experiences for our customers.\"\nThe agreement is contingent on obtaining all necessary gaming licenses and regulatory approvals.\nAbout BetMGMBetMGM is a market leading sports betting and gaming entertainment company, pioneering the online gaming industry. Born out of a partnership between MGM Resorts International (NYSE: MGM) and Entain Plc (LSE: ENT), BetMGM has exclusive access to all of MGM's U.S. land-based and online sports betting, major tournament poker, and online gaming businesses. Utilizing Entain's U.S.-licensed, state-of-the-art technology, BetMGM offers sports betting and online gaming via market-leading brands including BetMGM, Borgata Casino, Party Casino and Party Poker. Founded in 2018, BetMGM is headquartered in New Jersey. For more information, visit https://sports.betmgm.com/en/blog. \nAbout Century Casinos, Inc.:Century Casinos, Inc. (the \"Company\") is a casino entertainment company. In the United States the Company operates the following operating segments: (i) in the East, the Mountaineer Casino, Resort & Races in New Cumberland, West Virginia and Rocky Gap Casino, Resort & Golf in Flintstone, Maryland; (ii) in the Midwest, the Century Casinos & Hotels Cape Girardeau and Caruthersville, Missouri, and Century Casinos & Hotels in Cripple Creek and Central City, Colorado; and (iii) in the West, the Nugget Ca...