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.

Read the full article on iGB North America

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