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Century Casinos announces Joint Venture in Argentina
Press Wire ♦
Published: November 4, 2014; 16:00 ♦ (Vindobona)
Century Casinos, Inc. announced today that the company has acquired a 7.5% stake in Mendoza Central Entretenimientos S.A. for USD 1 million and has secured a three-year option to increase its stake in MCE to 50% at a price equal to five times MCE's EBITDA, minus MCE's debt.
Century Casinos announces Joint Venture in Argentina / Picture: © Vindobona.org
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Company Information
Colorado Springs, Colorado, November 4, 2014 - Century Casinos, Inc. (NASDAQ
Capital Market®: CNTY) announced today that the company has acquired a 7.5%
stake in Mendoza Central Entretenimientos S.A. ("MCE") for USD…
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