Upon completion of the sale, Century Casinos North American portfolio will be 10 casinos with 6,700 gaming machines and 140 table games.
We expect the Nugget to seamlessly integrate and provide added synergies for Century Casinos’ US portfolio.” “We believe there is a lot of upside to this transaction and that we identified some areas of improvement to continue the Nugget’s growth. “We have been looking at entering the Reno market for a long time, and we believe the Nugget is a perfect fit for our portfolio, Erwin Haitzmann and Peter Hoetzinger, co-chief executive officers of Century Casinos, said in a statement. Century Casinos will have an option to buy the remaining 50 percent of property owner Smooth Bourbon, LLC for $105 million within five years.
