Century Casinos Inc. reports third-quarter net loss of $10.5 million on revenue of $153.7 million
Century Casinos Inc. reported net operating revenue of $153.7 million for the three months ended September 30, 2025, compared to $155.7 million for the same period in 2024, reflecting a 1.3% decrease. For the nine months ended September 30, 2025, net operating revenue was $435.0 million, down from $438.1 million in the prior year period. Adjusted EBITDAR was $31.1 million for the third quarter of 2025, compared to $32.9 million in the same quarter of 2024, a 6% decrease. For the nine-month period, Adjusted EBITDAR was $81.5 million, nearly unchanged from $81.6 million a year earlier. Net loss per share attributable to Century Casinos Inc. shareholders was $(0.35) for the three months ended September 30, 2025, compared to $(0.26) in the third quarter of 2024. For the nine months ended September 30, 2025, net loss per share was $(1.43), compared to $(2.07) for the same period in 2024. The company recorded an impairment of goodwill for a reporting unit in the United States during the period, negatively impacting earnings but not affecting Adjusted EBITDAR. Century Casinos plans to restate its financial statements for the year ended December 31, 2024, and the quarters ended March 31 and June 30, 2025.
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