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Century Casinos: FY25 revenue stable at $573m as earnings continue to grow

The land-based casino operator has seen pretty mixed results across its US properties.

2 min read
A picture of Cape Girardeau, with
Key Points
Revenue fell 1%, but there seems to be some regional turbulence in the results
Some areas increased operating revenue by 5%, while others fell by 9%
Century Casinos has opened two new properties in the last few months

Century Casinos has released its FY25 results for the period ending 31 December, 2025. 

Q4 

In the final three months of the year, Century Casinos brought in $138m in revenue, consistent with the same period the year prior. 

Earnings from operations jumped 117% to $10.4m, but net loss attributable to shareholders was $17.9m, an improvement of 80%. 

Despite these fluctuations, adjusted EBITDAR still increased 13% to $23.9m. 

FY25 

For the yearly total, Century Casinos reported a 1% decrease in revenue to $573m. 

The increase in earnings from operations was even wider, with the 331% boost translating to $51.3m. 

Net loss attributable to shareholders narrowed 60% to $61.4m, and adjusted EBITDAR rose 3% to $105.4m. 

The US East sector brought in the highest net operating revenue at $169.5m, a 1% decrease Y-o-Y, but also saw an 8% dip in net loss. 

The US Midwest had the second-highest operating revenue at $163.8m, an increase of 2%, but experienced the healthiest net earnings with 10% growth; however, this area has twice as many properties as the US East.

The US West revenue fell 9% to $79.6m, Canada fell 1% to $75.9m and Poland increased 5% to $79.9m.

Century Casinos discussed the recent developments in the West and Poland in its Q3 report last year.

Erwin Haitzmann and Peter Hoetzinger, Century Casinos Co-CEOs, said: "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. 

“We continue to make progress with robust discussions around strategic alternatives, including the sale of our operations in Poland."

On 1 December 2025, Century Casinos opened its sportsbook in Cape Girardeau through its partnership with BetMGM. 

And at the start of the new year, the operator opened its second casino in Wrocław, Poland. 

Good to know

Century Casinos operates seven properties in the US, four in Canada and now two in Poland

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