Segment Information (Tables)

9 Months Ended

Sep. 30, 2024

Segment Information [Abstract]

Schedule Of Information By Reportable Segment

	For the three months ended September 30, 2024
Amounts in thousands			United States		Canada		Poland		Corporate and Other		Total
Net operating revenue		$	117,139	$	20,275	$	18,287	$	—	$	155,701
Earnings (loss) before income taxes			6,475		614		(1,117)		(13,031)		(7,059)
Net earnings (loss) attributable to Century Casinos, Inc. shareholders		$	4,701	$	1,134	$	(681)	$	(13,273)	$	(8,119)
Interest expense (income), net (1)			11,720		3,241		(14)		10,157		25,104
Income tax (benefit) expense			—		(481)		(95)		242		(334)
Depreciation and amortization			10,939		1,078		409		36		12,462
Net earnings (loss) attributable to non-controlling interests			1,774		(39)		(341)		—		1,394
Non-cash stock-based compensation			—		—		—		(280)		(280)
Loss (gain) on foreign currency transactions, cost recovery income and other			25		(44)		(83)		1		(101)
Loss on disposition of fixed assets			13		—		10		—		23
Pre-opening expenses			—		—		2,753		—		2,753
Adjusted EBITDAR		$	29,172	$	4,889	$	1,958	$	(3,117)	$	32,902

(1)Interest expense in the United States and Canada segments primarily relates to the Master Lease. Interest expense in the Corporate and Other segment primarily relates to the Goldman Credit Agreement.

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	For the three months ended September 30, 2023
Amounts in thousands			United States		Canada		Poland		Corporate and Other		Total
Net operating revenue		$	116,861	$	20,921	$	23,397	$	—	$	161,179
Earnings (loss) before income taxes			7,861		(6,586)		1,558		(19,367)		(16,534)
Net earnings (loss) attributable to Century Casinos, Inc. shareholders		$	5,273	$	(1,730)	$	788	$	(18,506)	$	(14,175)
Interest expense (income), net (1)			11,951		8,706		(74)		10,785		31,368
Income tax expense (benefit)			818		(3,403)		378		(861)		(3,068)
Depreciation and amortization			10,706		1,102		653		57		12,518
Net earnings (loss) attributable to non-controlling interests			1,770		(1,453)		392		—		709
Non-cash stock-based compensation			—		—		—		1,082		1,082
(Gain) loss on foreign currency transactions and cost recovery income (2)			(85)		1,484		(213)		(46)		1,140
Loss on disposition of fixed assets			56		—		24		—		80
Acquisition costs			—		—		—		3,693		3,693
Adjusted EBITDAR		$	30,489	$	4,706	$	1,948	$	(3,796)	$	33,347

(1)Interest expense in the United States and Canada segments primarily relates to the Master Lease. Interest expense in the Corporate and Other segment primarily relates to the Goldman Credit Agreement. Expense related to the CDR land lease was recorded as interest expense in the Canada segment. The CDR land lease ended on September 6, 2023 in conjunction with the Canada Real Estate Sale and $7.3 million related to the debt extinguishment of the CDR land lease was recorded as interest expense in the Canada segment.

(2)Includes $0.3 million in the Canada segment related to the earn out from the sale of casino operations in Calgary in 2020.

	For the nine months ended September 30, 2024
Amounts in thousands			United States		Canada		Poland		Corporate and Other		Total
Net operating revenue		$	319,680	$	58,425	$	60,029	$	13	$	438,147
Earnings (loss) before income taxes			5,601		4,853		(931)		(41,656)		(32,133)
Net (loss) earnings attributable to Century Casinos, Inc. shareholders		$	(25,066)	$	3,276	$	(716)	$	(40,770)	$	(63,276)
Interest expense (income), net (1)			35,159		9,300		(70)		30,927		75,316
Income tax expense (benefit)			25,340		702		143		(886)		25,299
Depreciation and amortization			32,030		3,315		1,462		135		36,942
Net earnings (loss) attributable to non-controlling interests			5,327		875		(358)		—		5,844
Non-cash stock-based compensation			—		—		—		566		566
Loss (gain) on foreign currency transactions, cost recovery income and other (2)			24		(1,950)		(415)		(352)		(2,693)
Loss (gain) on disposition of fixed assets			535		(36)		367		—		866
Acquisition costs			—		—		—		(19)		(19)
Pre-opening expenses			—		—		2,753		—		2,753
Adjusted EBITDAR		$	73,349	$	15,482	$	3,166	$	(10,399)	$	81,598

(1)Interest expense in the United States and Canada segments primarily relates to the Master Lease. Interest expense in the Corporate and Other segment primarily relates to the Goldman Credit Agreement.

(2)Includes $1.1 million in the Canada segment related to cost recovery income for CDR.

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	For the nine months ended September 30, 2023
Amounts in thousands			United States		Canada		Poland		Corporate and Other		Total
Net operating revenue (1)		$	277,636	$	56,262	$	72,489	$	61	$	406,448
Earnings from equity investment			—		—		—		1,121		1,121
Earnings (loss) before income taxes			25,244		4,453		5,995		(47,113)		(11,421)
Net earnings (loss) attributable to Century Casinos, Inc. shareholders		$	17,026	$	2,865	$	3,066	$	(40,334)	$	(17,377)
Interest expense (income), net (2)			26,370		9,776		(285)		31,238		67,099
Income tax expense (benefit)			4,656		(624)		1,398		(6,779)		(1,349)
Depreciation and amortization			24,065		3,374		1,948		175		29,562
Net earnings attributable to non-controlling interests			3,562		2,212		1,531		—		7,305
Non-cash stock-based compensation			—		—		—		2,746		2,746
Gain on foreign currency transactions, cost recovery income and other (3)			(85)		(3,228)		(572)		(42)		(3,927)
Loss on disposition of fixed assets			492		5		25		4		526
Acquisition costs			—		—		—		4,101		4,101
Adjusted EBITDAR		$	76,086	$	14,380	$	7,111	$	(8,891)	$	88,686

(1)Interest expense in the United States and Canada segments primarily relates to the Master Lease. Interest expense in the Corporate and Other segment primarily relates to the Goldman Credit Agreement. Expense related to the CDR land lease was recorded as interest expense in the Canada segment. The CDR land lease ended on September 6, 2023 in conjunction with the Canada Real Estate Sale and $7.3 million related to the debt extinguishment of the CDR land lease was recorded as interest expense in the Canada segment.

(2)Includes $1.6 million related to the earn out from the sale of casino operations in Calgary in 2020 and $3.5 million related to cost recovery income for CDR in the Canada segment.