Century Casinos sells Calgary casino land
| By Richard Mulligan
North American gaming group Century Casinos has ended its association with Century Casino Calgary after selling the land that houses the casino facility.
The Nasdaq-listed group’s Century Resorts Alberta (CRA) subsidiary has entered into a definitive agreement to sell the land and building it owns in the Canadian city to real estate business Rowanwood Financial Properties for CA$8.1m (US$6.5m).
The transaction is expected to close within 30 days, and comes 12 years after Century Casinos paid $10.5m for what was previously the Silver Dollar Casino.