A Faegre Drinker team advised Century Casinos in the sale of the real estate assets of Century Casino & Hotel Edmonton, Century Casino St. Albert and Century Mile Racetrack and Casino in Edmonton, Alberta, and Century Downs Racetrack and Casino (Century Downs) in Calgary, Alberta. The aggregate purchase price was CAD 221.7 million (USD 162.4 million based on the exchange rate of USD/CAD 0.7325) in cash.
Headquartered in Colorado Springs, Colorado, Century Casinos, Inc. is a North American casino entertainment company focused on investing in, developing and operating regional mid-size casinos in North America. Century Casinos has been listed on the Nasdaq Capital Market® under the symbol CNTY since 1994.
Read Century Casinos’ press release for more information on the deal.
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