Century Casinos Announces Opening of Century Casino & Hotel Caruthersville, MO
Century Casinos has opened its new land-based casino and hotel in Caruthersville, Missouri. The 26,000 square feet facility features 599 slot machines and nine live tables, representing a 50% increase in gaming positions compared to the temporary location. The development includes a restaurant, bar, and 74 hotel rooms, with a total development cost of $51.9 million funded through VICI Properties. The project transforms the last remaining riverboat casino on the Mississippi River into a full destination resort, aiming to attract customers from Missouri, Tennessee, and Arkansas.
Century Casinos ha aperto il suo nuovo casinò e hotel terrestre a Caruthersville, Missouri. La struttura di 26.000 piedi quadrati dispone di 599 macchine da gioco e nove tavoli da gioco dal vivo, rappresentando un aumento del 50% nelle posizioni di gioco rispetto alla posizione temporanea. Lo sviluppo include un ristorante, un bar e 74 camere d'hotel, con un costo totale di sviluppo di 51,9 milioni di dollari finanziato attraverso VICI Properties. Il progetto trasforma l'ultimo casinò su rimorchiabile rimasto sul fiume Mississippi in una vera e propria località turistica, con l'obiettivo di attrarre clienti da Missouri, Tennessee e Arkansas.
Century Casinos ha abierto su nuevo casino y hotel terrestre en Caruthersville, Missouri. La instalación de 26,000 pies cuadrados cuenta con 599 máquinas tragamonedas y nueve mesas de juego en vivo, lo que representa un aumento del 50% en las posiciones de juego en comparación con la ubicación temporal. El desarrollo incluye un restaurante, un bar y 74 habitaciones de hotel, con un costo total de desarrollo de 51.9 millones de dólares financiado a través de VICI Properties. El proyecto transforma el último casino en barco del río Mississippi en un verdadero resort, con el objetivo de atraer clientes de Missouri, Tennessee y Arkansas.
센추리 카지노가 캐러더스빌, 미주리에 새로운 육상 카지노와 호텔을 열었습니다. 26,000 평방 피트의 시설은 599개의 슬롯 머신과 9개의 라이브 테이블을 갖추고 있어 임시 위치에 비해 50% 증가한 게임 포지션을 제공합니다. 개발에는 레스토랑, 바, 74개의 호텔 객실이 포함되며, 총 개발 비용은 VICI Properties를 통해 자금 지원을 받은 5,190만 달러입니다. 이 프로젝트는 미시시피 강에 남아 있는 마지막 강박 카지노를 완전한 목적지 리조트로 변모시켜 미주리, 테네시, 아칸소에서 고객을 유치하는 것을 목표로 하고 있습니다.
Century Casinos a ouvert son nouveau casino et hôtel terrestre à Caruthersville, Missouri. L'établissement de 26 000 pieds carrés dispose de 599 machines à sous et de neuf tables de jeu en direct, représentant une augmentation de 50 % des postes de jeu par rapport à l'emplacement temporaire. Le développement comprend un restaurant, un bar et 74 chambres d'hôtel, avec un coût total de développement de 51,9 millions de dollars financé par VICI Properties. Le projet transforme le dernier casino fluvial resté sur le fleuve Mississippi en une véritable destination de villégiature, visant à attirer des clients du Missouri, du Tennessee et de l'Arkansas.
Century Casinos hat sein neues stationäres Casino und Hotel in Caruthersville, Missouri eröffnet. Die 26.000 Quadratfuß große Einrichtung bietet 599 Spielautomaten und neun Live-Tische, was einen Anstieg um 50% der Spielpositionen im Vergleich zum temporären Standort darstellt. Die Entwicklung umfasst ein Restaurant, eine Bar und 74 Hotelzimmer, mit Gesamtkosten in Höhe von 51,9 Millionen Dollar, die über VICI Properties finanziert wurden. Das Projekt verwandelt das letzte verbliebene Barkasino am Mississippi River in ein echtes Zielresort, mit dem Ziel, Kunden aus Missouri, Tennessee und Arkansas anzuziehen.
- 50% increase in gaming positions with 599 slot machines and nine live tables
- Expansion from riverboat to 26,000 square feet land-based facility
- Addition of 74 hotel rooms creating new revenue stream
- Development fully funded through VICI Properties, minimizing direct capital expenditure
- Significant development cost of $51.9 million adding to lease obligations
Insights
The opening of Century Casino & Hotel Caruthersville represents a significant operational expansion with
The triple net master lease structure with VICI is particularly advantageous, as it allows CNTY to expand without taking on additional debt. The strategic location targeting Missouri, Tennessee and Arkansas markets positions the property well for regional gaming competition. With improved amenities and increased capacity, this development should positively impact CNTY's revenue and EBITDA in the coming quarters.
The transformation from a riverboat to a modern land-based casino represents a significant competitive advantage in the regional market. The expanded gaming floor and addition of hotel rooms creates a full-service destination resort that can capture extended-stay visitors and compete more effectively with other regional gaming options. The location near the tri-state area provides access to a broader customer base, particularly important given Tennessee's gaming options. The timing aligns well with the post-pandemic recovery in regional gaming markets and growing demand for drive-to entertainment destinations.
The 26,000 square feet casino offers 599 slot machines and nine live tables, a
The development cost of
"We are excited about the completion of the transformation of the Century Casino & Hotel in
About Century Casinos, Inc.:
Century Casinos, Inc. is a casino entertainment company. In
Century Casinos' common stock trades on The Nasdaq Capital Market® under the symbol CNTY. For more information about Century Casinos, visit our website at www.cnty.com.
This release and the presentation referenced therein may contain certain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. These statements are based on the beliefs and assumptions of the management of Century Casinos based on information currently available to management. Such forward-looking statements include, but are not limited to, statements regarding the Company's
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SOURCE Century Casinos, Inc.
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