Century Casinos reopens all eight casinos in Poland

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Century Casinos reopens all eight casinos in Poland

Century Casinos has announced that it has reopened all eight of its casinos in Poland following a near two-month closure due to the coronavirus pandemic.

Through the North American casino operator’s subsidiary Casinos Poland, which it holds a 67% stake in, the company’s eight casinos reopened on 12 February in the country until at least 28 February, when certain measures will be reassessed by the Polish government.

Casinos in Poland have been closed since 28 December after the government enforced another national lockdown to slow the spread of coronavirus, while casinos will now reopen with social distancing practices and health and safety measures in place.

A statement from Century Casinos said: “There is no assurance that the casinos will be allowed to remain open past 28 February 2021; if the casinos are required to close again at that time, the company will report such closures in its Form 10-K for the year ended 31 December 2020.”

The operator closed its casinos and racetracks in Canada in early December in response to the COVID-19 measures that were introduced by the Alberta government, after venues were allowed to reopen in June.

While for Q3 2020, Century Casinos announced an 81% year-on-year rise in net operating revenue, up to $95.7m, with earnings from operations totalling $15m, which represented a 331% rise from 2019.