Century Casinos, Inc. · NASDAQ:CNTY
Century Casinos — Investor Presentation (January 2012)
29 slides from Century Casinos's investor presentation, January 2012
Slide 1: Corporate Presentation January 2012
CORPORATE PRESENTATION January 2012 Peter Hoetzinger, Co-CEO & President Welcome F to the Winners’ Zone!
Slide 2: Safe Harbor Statement
mr Safe Harbor Statement SENT SOS Century Casinos, Inc. (the "Company") has prepared this presentation for the sole purpose of providing information relating to the Company. The content of this presentation is based on public information and on data provided by the Company's management. No reliance
Slide 3: International Casino Entertainment Company
vA International Casino Entertainment NAS Company century: = Develop and operate mid-market, regional casinos in regulated markets world-wide « 24 casino operations (3,000 slots and 220 tables): — 4/in North America (US and Canada) — 7 in Eastern Europe (Poland) — 1in the Caribbean (Aruba) — 12 on c
Slide 4: Investment Highlights
7 Investment Highlights century * Established facilities in key markets with high barriers to entry (limited number of casino licenses in Canada and Poland) = Strong balance sheet (net cash position) = Expansion opportunities in new geographies * Operational optimization program to increase margins
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Slide 6: International Diversification
International Diversification \ des od ™ Land-based Casinos (12) ite, Ship-based Casinos (12)
Slide 7: Colorado Casino Market
Colorado Casino Market » We are in 2 out of the 3 cities that allow casino gaming (outside of Indian reservations). Historic mining towns have developed into tourist attractions. = Regulatory environment — $100 betting limits — All casino games — Open 24/7 KEXSING — Reduction of gaming tax by 5% (fr
Slide 8: Colorado Casinos: Ownership and Results
Ownership Opened/Acquired Slot Machines Table Games Hotel Rooms Parking Restaurants/Bars Additional Amenities Net Revenue Q3/11 vs. Q3/10 Adj. EBITDA Q3/11 vs. Q3/10 Wholly Owned 2006 507 (100% TITO) 12 26 down 2% down 21% Wholly Owned 1993 437 (100% TITO) 6 21
Slide 9: Limited number of casino licenses in Alberta — high barrier to entry
Limited number of casino licenses in Alberta — high barrier to entry Alberta Gaming & Liquor Commission (AGLC) is an active partner — Revenue split provides incentive for AGLC to improve our business — Upgrading slot machines at both properties Calgary Casino — Acquired in 1/2010, focus on growing m
Slide 10: Alberta Casinos: Ownership and Results
Ownership Opened/Acquired Gaming Machines Table Games Hotel Rooms Parking Restaurants/Bars Additional Amenities Net Revenue Q3/11 vs. Q3/10 Adj. EBITDA Q3/11 vs. Q3/10 Wholly Owned: AGLC split Acquired Jan 2010 Re-Open Nov 2010 529 (100% TITO) 1/2 Bowling, showroom, entertainment up 17% up 201% Whol
Slide 11: International Casinos: Poland
International Casinos: Poland = Casinos Poland has a 56% share of the Polish Casino Market » Limited number of casino licenses — high barrier to entry = Locations — Warsaw, Katowice, Wroclaw, Gdynia, Sosnowiec. Several additional licenses pending. — Operating at high-end hotel venues in cities throu
Slide 12: International Casinos: Aruba
International Casinos: Aruba = December 2010: signed long-term management agreement with Carlson Radisson Hotel Group — Assist in managing the casino and receive management fee — No investment required from us = Casino currently undergoing an equipment and interior design upgrade = Radisson Hotel &
Slide 13: International Casinos: Cruise Ships
SA International Casinos: Cruise Ships cen ToS = Largest independent operator of casinos onboard luxury cruise ships = Opportunistic approach towards cruise lines with affluent passengers — Target smaller cruise lines with one to ten ships — Cruise lines with more ships tend to manage their own casi
Slide 14: International Casinos
International Casinos Aruba a Pee eae Antilles, Caribbean Ownership Opened/Acquired # of Casinos Slot Machines Table Games Location/Venue Income Structure Revenue Q3/11 vs, Q3/10 EBITDA Q3/11 vs. Q3/10 CNTY has 33.3% stake in Casinos Poland Ltd. March 2007 7, +1 in development 250 80 Casinos located
Slide 15: Revenue Diversification per Casino
Revenue Diversification per Casino Property-Level Revenue Diversification: Ships & Aruba 9% Edmonton 32% Central City 26% Calgary Cripple Creek 14% 19%
Slide 16: EBITDA Diversification per Casino
EBITDA Diversification per Casino Property-Level Adj. EBITDA Diversification: Ships & Aruba 5% Central City 25% Edmonton 48% Cripple Creek 20%
Slide 17: Consolidated Financials
Consolidated Financials
Slide 18: Q3-2011 Results at a Glance
Q3- 2011 Results at a Glance (as of Sep 30, 2011 - in USD) * Market Cap: $66.1 mil (as of Jan 6, 2012) ¢ Shares outstanding: 23.8 mil « Largest Holders: Management (16%), Wells Fargo (11%) * Cash/Cash equivalents: $21.3 mil + Debt: $9.4 mil (at 7% fixed, matures in 12/2012) + Net Cash: $11.9 mil + N
Slide 19: Financial Charts: Revenue by Source
ava Financial Charts CENTURY’ Revenue by Source ™ Gaming @ F&B, Hotel, Bowling ®™ Other
Slide 20: Financial Charts: Net Operating Revenue
eK Financial Charts CENTURY’ Net Operating Revenue $25 | $20 $17,1 $18,0 $18,1 si49 $16.0 $158 B$15 $14,1 a g = £ $10 $5 a _—— | 7 8 Qi Q2 2010 2011 2010 2011 2010 2011 2010
Slide 21: Financial Charts: Adj. EBITDA
athe nis. Financial Charts CENTURY Adj. EBITDA $2,8 $2,5 $2,0 Q2 Q3 2010 2011 2010 2011 2010 2011 $3,1 $2,4 (in millions) $1.4 ai 2010
Slide 22: Financial Charts: Adj. EBITDA Margin
SA : b ff 7 Financial Charts CENTURY Adj. EBITDA Margin | 0,25 | $3, $2,5 (in millions) na wn NR ° Q1 2010 Q2 2010 Q3 2010 Q4 2010 Q1 2011 Q2 2011 Q3 2011 EBITDA Margin
Slide 23: Financial Charts: EPS
Financial Charts CENTURY: EPS $0,07 $0,06 $0,06 $0,05 $0,04 $0,03 $0,03 $0,03 $0,02 $0,02 | _, ae me $0,00 — 7 _ -$0,01 ao -$0,01 -$0,02 Qi Q2 Q3 Q4 2010 2011 2010 2011 2010 2011 2010
Slide 24: Financial Charts: Debt / Adj. EBITDA
ews Se Financial Charts CENTURY’ Debt / Adj. EBITDA 5x 4,5x 4x 3x 2,1x 2x 1,7x 1,0x 1x Ox es 2008 2009 2010 TTM
Slide 25: Summary & Outlook
Summary & Outlook
Slide 26: Operational Performance
Operational Performance = Internationally diversified portfolio is profitable and growing despite difficult economy — further growth potential during economic recovery = Earnings from Operations more than doubled (+108%) in Q3 = 7 consecutive quarter with increases in both revenues and net earnings
Slide 27: Outlook and Strategy
SA CENTURY’ = One additional cruise ship casino under contract (opening Q1-2012) = Debt refinancing underway with substantial savings potential = Expect strong results for fourth quarter 2011 = Globally experienced management team = Remain location flexible to undertake projects in any well regulate
Slide 28: Contact Information
CONTACT INFORMATION Peter Hoetzinger 2S Co CEO & President peter.hoetzinger@cnty.com Europe: + 43 664 355 3935 US: + 1 (719) 689 5813 Welcome = to the Winners’ Zone!
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