Century Casinos improves Q1 net loss by 20%, revenue grows 5% to $137.2m

Century Casinos has reported its financial results for the first quarter of 2026, managing to set a new quarterly record in net operating revenue with $137.2m, representing an increase of 5%. The operator also reported a net loss of $16.5m, marking an improvement of 20% from the prior year period. 

Earning from operations for Q1 2026 totaled $11.8m, equating to growth of 65%. Century Casinos’ adjusted EBITDAR increased 24% to just over $24.9m, led by the US Midwest region which reported an adjusted EBITDAR rise of 16% to $15.6m. 

The US East and West segments reported adjusted EBITDAR losses of $5.1m and $3.8m, respectively, having improved the figures by 17% and 14%. Canada operations accounted for $548,000 of adjusted EBITDAR and grew 998%, while Century Casinos’ Poland segment witnessed a loss of $307,000 and fell 86%. 

Each of the operator’s segments were able to report increases in net operating revenue, however, led by the US Midwest which recorded $41.8m and rose 5%. The US East region managed to grow revenue by 5% as well to $38.9m, while operations in the West accounted for $17.1m and increased 4%. 

Canada and Poland generated respective net operating revenues of $18.3m and $21.1m, representing increases of 11% and 2%. Poland operations also recorded an earnings loss of $177,000 for Q1 2026, equating to a decrease of 62%. 

The US West region witnessed an earnings from operations loss of $2m, although the figure represents an improvement of 25% year-over-year. The Midwest and East regions reported earning from operations of $11.8m and $1.5m, while Canada managed to generate nearly $4.3m for the quarterly period. 

Just days prior to Century Casinos’ Q1 2026 report, Accel Entertainment also reported its financial results for the quarter, having set new records in net revenue and adjusted EBITDA, as revenue increased 8.5% to $351.6m.

Accel Entertainment’s quarterly adjusted EBITDA record totaled 453.8m, representing an increase of 8.6%. The operator’s net income increased 0.3% to $14.7m, while operating income grew 4.3% to $27.1m.