COLORADO SPRINGS, Colo., April 4, 2008 /PRNewswire-FirstCall/ -- CenturyCasinos, Inc. (Vienna Stock Exchange and Nasdaq: CNTY) announced today thatthe company has appointed Paul Campbell as new Managing Director of its SouthAfrican subsidiary Century Casinos Africa (Pty) Ltd. starting on April 1,2008.
As Managing Director of Century Casinos Africa, Paul Campbell, who hasbeen working as General Manager of The Caledon Hotel, Spa and Casino for twoyears, will be responsible for the management of Century Casinos' SouthAfrican operations comprising The Caledon Hotel, Spa and Casino, CenturyCasino Newcastle and the food & beverage company Celebrations.
Besides his role as General Manager of Century Casinos Caledon, PaulCampbell has more than 16 years experience in the gaming and entertainmentindustry, where he mainly held Management and Senior Management positions suchas Director of Slots for Storm International in Moscow or Deputy Slots Managerfor GrandWest Casino & Entertainment World, Sun International, in Cape Town.
Rossouw Lubbe, who joined Century Casinos Africa as Managing Director inJuly last year, will shift his focus from operations to strategic compliancematters, corporate governance and Broad Based Black Economic Empowerment forthe South African operations.
'This decision is a result of growing dynamic operations in South Africaand will ensure that our approach to strategic decision making and corporategovernance as well as our commitment to Broad Based Black Economic Empowermentwill be augmented to an even higher level', said Erwin Haitzmann and PeterHoetzinger, Co CEOs of Century Casinos, Inc.
About Century Casinos, Inc.:
Century Casinos, Inc. is an international casino entertainment companythat owns and operates the Womacks Casino and Hotel in Cripple Creek,Colorado, the Century Casino & Hotel in Central City, Colorado, the CenturyCasino & Hotel in Edmonton, Alberta, Canada, and the Century Casino Millenniumin the Marriott Hotel in Prague, Czech Republic. The company also operatescasinos aboard the Silver Cloud, The World of ResidenSea, and the vessels ofOceania Cruises. Through its subsidiary Century Casinos Africa (Pty) Limited,it owns and operates The Caledon Hotel, Spa & Casino near Cape Town, SouthAfrica, as well as 60% of, and provides technical casino services to, CenturyCasino Newcastle, in Newcastle, South Africa. Furthermore, the company'sAustrian subsidiary, Century Casinos Europe GmbH, holds a 33.3% ownershipinterest in Casinos Poland Ltd., the owner and operator of seven full casinosand one slot casino in Poland. The company continues to pursue otherinternational projects in various stages of development.
For more information about Century Casinos, visit our website athttp://www.centurycasinos.com. Century Casinos' common stock trades on TheNASDAQ Capital Market(R) and the Vienna Stock Exchange under the symbol CNTY.
This release may contain 'forward-looking statements' within the meaningof the Private Securities Litigation Reform Act of 1995. These statements arebased on the beliefs and assumptions of the management of Century Casinosbased on information currently available to management. Such forward-lookingstatements are subject to risks, uncertainties and other factors that couldcause actual results to differ materially from future results expressed orimplied by such forward-looking statements. Important factors that could causeactual results to differ materially from the forward-looking statementsinclude, among others, the risks described in the section entitled 'RiskFactors' 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 anyforward-looking statement that may be made from time to time by it or on itsbehalf.
SOURCE Century Casinos, Inc.
