New Managing Director for Century Casinos Africa
COLORADO SPRINGS, Colorado, April 4 /PRNewswire/ —
Century Casinos, Inc. (Vienna Stock Exchange and Nasdaq: CNTY) announced
today that the company has appointed Paul Campbell as new Managing Director
of its South African subsidiary Century Casinos Africa (Pty) Ltd. starting on
April 1, 2008.
As Managing Director of Century Casinos Africa, Paul Campbell, who has
been working as General Manager of The Caledon Hotel, Spa and Casino for two
years, will be responsible for the management of Century Casinos’ South
African operations comprising The Caledon Hotel, Spa and Casino, Century
Casino Newcastle and the food & beverage company Celebrations.
Besides his role as General Manager of Century Casinos Caledon, Paul
Campbell has more than 16 years experience in the gaming and entertainment
industry, where he mainly held Management and Senior Management positions
such as Director of Slots for Storm International in Moscow or Deputy Slots
Manager for GrandWest Casino & Entertainment World, Sun International, in
Cape Town.
Rossouw Lubbe, who joined Century Casinos Africa as Managing Director in
July last year, will shift his focus from operations to strategic compliance
matters, corporate governance and Broad Based Black Economic Empowerment for
the South African operations.
“This decision is a result of growing dynamic operations in South Africa
and will ensure that our approach to strategic decision making and corporate
governance as well as our commitment to Broad Based Black Economic
Empowerment will be augmented to an even higher level”, said Erwin Haitzmann
and Peter Hoetzinger, Co CEOs of Century Casinos, Inc.
About Century Casinos, Inc.:
Century Casinos, Inc. is an international casino entertainment company
that owns and operates the Womacks Casino and Hotel in Cripple Creek,
Colorado, the Century Casino & Hotel in Central City, Colorado, the Century
Casino & Hotel in Edmonton, Alberta, Canada, and the Century Casino
Millennium in the Marriott Hotel in Prague, Czech Republic. The company also
operates casinos aboard the Silver Cloud, The World of ResidenSea, and the
vessels of Oceania Cruises. Through its subsidiary Century Casinos Africa
(Pty) Limited, it owns and operates The Caledon Hotel, Spa & Casino near Cape
Town, South Africa, as well as 60ACIORFIPROCENTE of, and provides technical casino services
to, Century Casino Newcastle, in Newcastle, South Africa. Furthermore, the
company’s Austrian subsidiary, Century Casinos Europe GmbH, holds a 33.3ACIORFIPROCENTE
ownership interest in Casinos Poland Ltd., the owner and operator of seven
full casinos and one slot casino in Poland. The company continues to pursue
other international projects in various stages of development.
For more information about Century Casinos, visit our website at
http://www.centurycasinos.com. Century Casinos’ common stock trades on The
NASDAQ Capital Market(R) and the Vienna Stock Exchange under the symbol CNTY.
This release may contain “forward-looking statements” within the meaning
of the Private Securities Litigation Reform Act of 1995. These statements are
based on the beliefs and assumptions of the management of Century Casinos
based on information currently available to management. Such forward-looking
statements are subject to risks, uncertainties and other factors that could
cause actual results to differ materially from future results expressed or
implied by such forward-looking statements. Important factors that could
cause actual results to differ materially from the forward-looking statements
include, among others, the risks described in the section entitled “Risk
Factors” under Item 1A in our Annual Report on Form 10-K filed on March 16,
2007. Century Casinos disclaims any obligation to revise or update any
forward-looking statement that may be made from time to time by it or on its
behalf.
Web site: http://www.centurycasinos.com
Century Casinos, Inc.
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