Business
Century Casinos, Inc. Announces First Quarter 2026 Results
All-Time Record First Quarter Net Operating Revenue COLORADO SPRINGS, Colo., May 8, 2026 /PRNewswire/ -- Century Casinos, Inc. (the "Company", "we", "us", or
About this update from Century Casinos, Inc.
[{"type":"text","content":"All-Time Record First Quarter Net Operating Revenue COLORADO SPRINGS, Colo., May 8, 2026 /PRNewswire/ -- Century Casinos, Inc. (the \"Company\", \"we\", \"us\", or \"our\") (Nasdaq Capital Market®: CNTY) today announced its financial results for the three months ended March 31, 2026.\n \n \n \n \n \n \n \nFirst Quarter 2026 Highlights*Compared to the three months ended March 31, 2025:Net operating revenue was $137.2 million, an increase of 5%.Earnings from operations was $11.8 million, an increase of 65%.Net loss attributable to Century Casinos, Inc. shareholders was ($16.5) million, a change of 20%, and basic net loss per share was ($0.58).Adjusted EBITDAR** was $24.9 million, an increase of 24%.\"The first quarter of 2026 was an all-time record for net operating revenue in a first quarter in the Company's history, and we saw all North American properties outperform the first quarter of 2025 in both net operating revenue and Adjusted EBITDAR**. The growth was driven by strong play from our high-value and core customer groups. We are particularly pleased with the results at the Nugget, which saw an increase to Adjusted EBITDAR** of 93% compared to the first quarter of 2025,\" Erwin Haitzmann and Peter Hoetzinger, Co-Chief Executive Officers of Century Casinos, remarked.RESULTSThe consolidated results for the three months ended March 31, 2026 and 2025 are as follows:For the three months Amounts in thousands, except per share data ended March 31,%Consolidated Results:20262025ChangeNet operating revenue$137,239$130,4435 %Earnings from operations11,7637,14065 %Net loss attributable to Century Casinos, Inc. shareholders$(16,504)$(20,613)20 %Adjusted EBITDAR**$24,940$20,15524 %Net loss per share attributable to Century Casinos, Inc. shareholders:Basic$(0.58)$(0.67)13 %Diluted$(0.58)$(0.67)13 %RESULTS BY REPORTABLE SEGMENT*Following is a summary of the changes in net operating revenue by reportable segment for the three months ended March 31, 2026, compared to the three months ended March 31, 2025:Net Operating RevenueFor the three months Amounts inended March 31,$%thousands20262025ChangeChangeUS East$38,930$37,136$1,7945 %US Midwest41,80539,7512,0545 %US West17,06716,4096584 %Canada18,32416,5161,80811 %Poland21,11320,6314822 %Other (1)————Consolidated $137,239$130,443$6,7965 %(1)Represents additional business activities including cert...