Century Casinos, Inc. Stock Drops to $1.05 after it enters into Definitive Agreement to Sell Century Mile and Century Downs Racetracks in Alberta, Canada

Century Casinos, Inc. Stock Drops to $1.05 after it enters into Definitive Agreement to Sell Century Mile and Century Downs Racetracks in Alberta, Canada

Devil’s Haircut

The Fly – Century Casinos to sell Century Mile, Century Downs Racetracks to Highfield

The stock market performance of Century’s stock after the definitive agreement was announced would seem to indicate that the winner in this deal was Highfield.

Time will tell.

Phil has a question:

Was the stock market anticipating more that $16.4 million (CAD $23.2 million) to pay down Century Casinos’ debt.

Were there any other prospective purchasers.

Century Casinos, Inc. Enters into Definitive Agreement to Sell Century Mile and Century Downs Racetracks in Alberta, Canada

Standardbred Canada – Century Mile, Century Downs Sold

CDC Gaming – Chris Sieroty – VICI Properties enters into agreement with two Alberta racetracks

Canadian Thoroughbred – Horsemen Take Over as Highfield Acquires Alberta’s Two Major Racetracks

Phil M. Stockmen