First-quarter earnings for Century Casinos came in slightly higher year on year. The company posted a five percent revenue gain, reaching $137.2 million.
Century also reduced losses by 20 percent, posting $16.5 million in red ink. Cash flow jumped 24 percent to $24.9 million.
Two of the company’s five divisions were profitable. In the U.S. Midwest, Century netted $4.9 million. Its Canada division recorded a $548,000 profit. Losses of $5.1 million and $3.8 million were posted in the U.S. Eastern and Western divisions, respectively. The company’s Polish casinos were $307,000 in the red.
Net operating revenue was $38.9 million in the Eastern division, $41.8 million in the Midwest, and $17 million in the West. Canadian casinos brought in $18.3 million and another $21.1 million in Poland.
In a prepared statement, co-CEOs Peter Hoetzinger and Erwin Haitzmann said, “The first quarter of 2026 was an all-time record for net operating revenue in a first quarter in the company’s history, and we saw all North American properties outperform the first quarter of 2025. … The growth was driven by strong play from our high-value and core-customer groups.”
Century ended the quarter with $60 million cash on hand and $336.7 million in debt.
