Equity Investment

3 Months Ended

Mar. 31, 2023

Equity Investment [Abstract]

Equity Investment

3. EQUITY INVESTMENT

Following is summarized financial information regarding Smooth Bourbon as of March 31, 2023:

	For the three months ended
Amounts in thousands	March 31, 2023
Operating Results
Net operating revenue	$	3,852
Earnings from continuing operations	$	3,729
Net earnings	$	2,181
Net earnings attributable to Century Casinos, Inc.	$	1,091

The Company’s maximum exposure to losses at March 31, 2023 was $92.1 million, the value of its equity investment in Smooth Bourbon.

Changes in the carrying amount of the investment in Smooth Bourbon for the three months ended March 31, 2023 are presented in the table below.

Amounts in thousands		Balance at ‎January 1, 2023		Equity Earnings		Dividend		Balance at ‎March 31, 2023
Smooth Bourbon	$	93,260	$	1,091	$	(2,256)	$	92,095