Segment Information (Tables)

3 Months Ended

Mar. 31, 2025

Schedule Of Information By Reportable Segment

The following tables provide information regarding the Company’s reportable segments:


	For the three months ended March 31, 2025
Amounts in thousands			United States		Canada		Poland		Corporate and Other		Total
Net operating revenue		$	93,296	$	16,516	$	20,631	$	—	$	130,443

Less:
Payroll expense			25,878		5,459		6,076		1,376		38,789
Operating expenses			18,568		5,143		3,394		1,773		28,878
Gaming tax expense			25,237		—		10,015		—		35,252
Other segment items ⁽¹⁾			5,215		1,554		881		—		7,650
Pre-opening and termination expenses			—		—		(281)		—		(281)
Adjusted EBITDAR		$	18,398	$	4,360	$	546	$	(3,149)	$	20,155

(Loss) earnings before income taxes		$	(5,766)	$	187	$	(157)	$	(12,662)	$	(18,398)

Net loss attributable to Century Casinos, Inc. shareholders		$	(7,550)	$	(61)	$	(165)	$	(12,837)	$	(20,613)
Interest expense (income), net ⁽²⁾			13,110		3,207		42		9,298		25,657
Income tax expense			—		217		89		175		481
Depreciation and amortization			11,007		998		370		19		12,394
Net earnings (loss) attributable to non-controlling interests			1,784		31		(81)		—		1,734
Non-cash stock-based compensation			—		—		—		290		290
(Gain) loss on foreign currency transactions, cost recovery income and other			—		(31)		6		(94)		(119)
Loss (gain) on disposition of fixed assets			47		(1)		4		—		50
Pre-opening and termination expenses			—		—		281		—		281
Adjusted EBITDAR		$	18,398	$	4,360	$	546	$	(3,149)	$	20,155

Segment assets ⁽³⁾		$	32,564	$	20,980	$	4,078	$	27,083	$	84,705
Long-lived assets ⁽⁴⁾			903,100		126,333		41,799		2,843		1,074,075
Total assets			952,952		170,488		48,675		40,455		1,212,570
Capital expenditures			5,852		768		60		9		6,689

(1)Other segment items include cost of goods sold and marketing expenses.

(2)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.

(3)Segment assets are cash and cash equivalents.

(4)Long-lived assets are calculated as total assets less total current assets and deferred income taxes.

‎


	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

Less:
Payroll expense			27,132		5,623		6,349		1,483		40,587
Operating expenses			18,442		5,860		3,064		2,305		29,671
Gaming tax expense			25,625		—		10,599		—		36,224
Other segment items ⁽¹⁾			5,689		1,697		880		—		8,266
Acquisition costs			—		—		—		19		19
Adjusted EBITDAR		$	19,146	$	5,141	$	757	$	(3,794)	$	21,250

(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⁽²⁾			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

Segment assets ⁽³⁾		$	44,453	$	31,216	$	10,596	$	50,278	$	136,543
Long-lived assets ⁽⁴⁾			952,611		133,809		27,055		3,214		1,116,689
Total assets			1,017,194		189,071		40,172		89,055		1,335,492
Capital expenditures			17,174		831		364		31		18,400

(1)Other segment items include cost of goods sold and marketing expenses.

(3)Segment assets are cash and cash equivalents.

(4)Long-lived assets are calculated as total assets less total current assets and deferred income taxes.