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Segment Information (Tables)
 3 Months Ended
Mar. 31, 2023
Segment Information [Abstract]  
Aggregation Of Operating Segments Into Reportable Segments

Reportable Segment

Operating Segment

Reporting Unit

United States

Colorado

Century Casino & Hotel - Central City

Century Casino & Hotel - Cripple Creek

West Virginia

Mountaineer Casino, Racetrack & Resort

Missouri

Century Casino Cape Girardeau

Century Casino Caruthersville (1)

Canada

Edmonton

Century Casino & Hotel - Edmonton

Century Casino St. Albert

Century Mile Racetrack and Casino

Calgary (2)

Century Downs Racetrack and Casino

Poland

Poland

Casinos Poland

Corporate and Other

Corporate and Other

Cruise Ships & Other

Corporate Other (3)

(1)Includes The Farmstead.

(2)The Company operated Century Sports through February 10, 2022. See Note 1.

(3)The Company’s equity investment in Smooth Bourbon is included in the Corporate Other reporting unit.
Segment Information

For the three months ended March 31, 2023

Amounts in thousands

United States

Canada

Poland

Corporate and Other

Total

Net operating revenue (1)

$

66,369

$

16,503

$

25,579

$

57

$

108,508

Earnings (loss) before income taxes

$

7,151

$

6,989

$

2,992

$

(12,478)

$

4,654

Net earnings (loss) attributable to Century Casinos, Inc. shareholders

$

5,375

$

1,867

$

1,574

$

(10,059)

$

(1,243)

Interest expense (income), net (2)

7,119

523

(95)

9,957

17,504

Income taxes (benefit)

1,776

1,634

632

(2,419)

1,623

Depreciation and amortization

5,032

1,127

635

61

6,855

Net earnings attributable to non-controlling interests

—

3,488

786

—

4,274

Non-cash stock-based compensation

—

—

—

736

736

(Gain) loss on foreign currency transactions, cost recovery income and other (3)

—

(4,085)

(254)

7

(4,332)

Loss on disposition of fixed assets

470

3

1

5

479

Acquisition costs

—

—

—

158

158

Adjusted EBITDA

$

19,772

$

4,557

$

3,279

$

(1,554)

$

26,054

(1)Net operating revenue for Corporate and Other primarily related to the Company’s cruise ship operations.

(2)Expense of $7.1 million related to the Master Lease is included in interest expense (income), net in the United States segment. Expense of $0.5 million related to the CDR land lease is included in interest expense (income), net in the Canada segment. Cash payments related to the Master Lease and CDR land lease were $6.9 million and $0.5 million, respectively, for the period presented.

(3)Includes $0.6 million related to the earn out from the sale of casino operations in Calgary in 2020 and cost recovery income for CDR.

For the three months ended March 31, 2022

Amounts in thousands

United States

Canada

Poland

Corporate and Other

Total

Net operating revenue (1)

$

65,248

$

15,999

$

21,824

$

32

$

103,103

Earnings (loss) before income taxes

$

8,521

$

1,944

$

1,955

$

(8,276)

$

4,144

Net earnings (loss) attributable to Century Casinos, Inc. shareholders

$

8,521

$

(703)

$

931

$

(8,531)

$

218

Interest expense (income), net (2)

7,007

567

(13)

3,233

10,794

Income taxes

—

622

558

255

1,435

Depreciation and amortization

4,768

1,225

681

121

6,795

Net earnings attributable to non-controlling interests

—

2,025

466

—

2,491

Non-cash stock-based compensation

—

—

—

673

673

Loss (gain) on foreign currency transactions and cost recovery income (3)

—

243

18

(12)

249

Loss on disposition of fixed assets

19

15

3

—

37

Acquisition costs

—

—

—

1,132

1,132

Adjusted EBITDA

$

20,315

$

3,994

$

2,644

$

(3,129)

$

23,824

(1)Net operating revenue for Corporate and Other primarily related to the Company’s cruise ship operations and consulting agreements.

(2)Expense of $7.0 million related to the Master Lease is included in interest expense (income), net in the United States segment. Expense of $0.6 million related to the CDR land lease is included in interest expense (income), net in the Canada segment. Cash payments related to the Master Lease and CDR land lease were $4.3 million and $0.4 million, respectively, for the period presented.

(3)Loss of $2.2 million related to the sale of the land and building in Calgary is included in the Canada segment.