Summary
- Century Casinos' 2025 revenue decreased slightly by 1% year-over-year to $573.0m, but earnings from operations increased to $51.3m
- The company hit major milestones by launching mobile betting and opening a retail sportsbook in Missouri last year
- Erwin Haitzmann and Peter Hoetzinger, Co-Chief Executive Officers at Century Casinos, discuss the latest results
The leading casino entertainment company, Century Casinos, Inc., released its fourth quarter and 2025 financial results, reporting stable revenue and completion of strategic objectives.
2025 revenue dips by 1% year-over-year, overall results remain strong
The newly released report reveals that Century Casinos' 2025 net operating revenue halted at $573.0m, a figure that suggests a slight decrease of 1% year-over-year. In 2025, the company's earnings from operations soared by 331%, hitting $51.3m, while Adjusted EBITDAR was $105.4m, signaling a 3% increase. According to Century Casinos' latest report, net loss attributable to shareholders in 2025 was $61.4m, suggesting a chance of 60%. Besides the period covering the year ended December 31, 2025, Century Casinos released financial data for the fourth quarter. In the three months ending December 31, 2025, Century Casinos posted $138.0m in net operating revenue. On the other hand, earnings from operations increased by 117% to $10.4m, while Adjusted EBITDAR in Q4 was $23.9m, signaling an increase of 13% when compared to the corresponding period the prior year. Besides financial details, Century Casinos acknowledged the completion of several strategic objectives. In May 2025, the company inked an agreement with BetMGM LLC for the operation of a retail sportsbook at Cape Girardeau and the launch of a mobile betting app under Century Casinos' license in Missouri. Ahead of the end of the year, on December 1, Century Casinos launched its online betting app and opened the retail betting outlet at Cape Girardeau. Equally as important, following the trading period, in February this year, Century Casinos opened its second casino in Wroclaw, Poland.
The company's casino portfolio has not yet shown its full potential
Erwin Haitzmann and Peter Hoetzinger, Co-Chief Executive Officers at Century Casinos, spoke about the newly released financial results and key objectives. We are beginning to see improvements with the lower-end of our customer base and we are pleased with the 13% Adjusted EBITDAR growth and the margin improvement in the fourth quarter of 2025, but we believe our portfolio of casinos has not yet shown its full potential, the two executives explained. Finally, Haitzmann and Hoetzinger pointed out: We continue to make progress with robust discussions around strategic alternatives, including the sale of our operations in Poland.
