Equity Investment

6 Months Ended

Jun. 30, 2022

Equity Investment [Abstract]

Equity Investment

3. EQUITY INVESTMENT

Following is summarized financial information regarding Smooth Bourbon as of June 30, 2022:

	For the three months ended		For the six months ended
Amounts in thousands	June 30, 2022		June 30, 2022
Operating Results
Net operating revenue	$	3,770	$	3,770
Earnings from continuing operations	$	3,749	$	3,749
Net earnings	$	2,126	$	2,126
Net earnings attributable to Century Casinos, Inc.	$	1,063	$	1,063

The Company’s maximum exposure to losses at June 30, 2022 was $94.8 million, the value of its equity investment in Smooth Bourbon.

Changes in the carrying amount of the investment in Smooth Bourbon for the six months ended June 30, 2022 are presented in the table below.

Amounts in thousands		Balance at ‎January 1, 2022		Acquisition		Equity Earnings		Dividend		Balance at ‎June 30, 2022
Smooth Bourbon	$	—	$	95,000	$	1,063	$	(1,243)	$	94,820