Segment Information (Tables)

3 Months Ended

Mar. 31, 2024

Schedule Of Information By Reportable Segment


	For the three months ended March 31, 2024
Amounts in thousands			United States		Canada		Poland		Corporate and Other		Total
Net operating revenue		$	96,034	$	18,321	$	21,649	$	13	$	136,017
(Loss) earnings before income taxes			(3,278)		1,931		156		(14,489)		(15,680)

Net (loss) earnings attributable to Century Casinos, Inc. shareholders		$	(2,782)	$	1,132	$	3	$	(11,897)	$	(13,544)
Interest expense (income), net ⁽¹⁾			11,746		2,907		(35)		10,511		25,129
Income tax (benefit) expense			(2,273)		728		151		(2,592)		(3,986)
Depreciation and amortization			10,288		1,149		538		56		12,031
Net earnings attributable to non-controlling interests			1,777		71		2		—		1,850
Non-cash stock-based compensation			—		—		—		503		503
Gain on foreign currency transactions, cost recovery income and other			—		(809)		(143)		(356)		(1,308)
Loss (gain) on disposition of fixed assets			390		(37)		241		—		594
Acquisition costs			—		—		—		(19)		(19)
Adjusted EBITDAR		$	19,146	$	5,141	$	757	$	(3,794)	$	21,250

(1)Interest expense in the United States and Canada segments primarily relates to the Master Lease.


	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 from equity investment			—		—		—		1,091		1,091
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 tax expense (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 and cost recovery income ⁽³⁾			—		(4,085)		(254)		7		(4,332)
Loss on disposition of fixed assets			470		3		1		5		479
Acquisition costs			—		—		—		158		158
Adjusted EBITDAR		$	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, which ceased in April 2023.

(2)Interest expense in the United States and Canada segments primarily relates to the Master Lease. 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.

(3)Includes $3.5 million related to cost recovery income for CDR and $0.6 million related to the earn out from the sale of casino operations in Calgary in 2020.

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