Following three very recent acquisitions of three casinos from Eldorado Resorts, the Colorado-based Century Casinos company listed on the NASDAQ as CNTY has revealed details about another important business partnership. The company’s officials revealed that the Cicra Sports has agreed to become one of Century Casinos’ online sports betting operators to support the company’s operations planned for the state of Colorado.
It was also revealed that the latest business agreement between the two companies is actually a fifteen-year sportsbook agreement which will see the brand operated by Downtown Las Vegas casino owner Derek Stevens debut in the state of Colorado at the Century Casino and Hotel Cripple Creek with an innovative mobile sports betting application. Commenting on the news, Circa Sports’ CEO said that his company is extremely excited to be at the forefront of Colorado sports betting alongside its partner Century Casinos.
Century Casinos Going Strong Since 1992
Century Casinos is a prominent gaming company with headquarters in Colorado Springs, the state of Colorado. The company was founded twenty-eight years ago in 1992 and today it employs almost two thousand individuals. Moreover, the company operates eleven casino facilities in England, Alberta, West Virginia, Missouri, and Colorado.
Besides operating eleven casinos, Century Casinos also operates several casinos located on cruise ships for Windstar and Diamond Cruise International and it owns a sixty-seven percent share in the Casinos Poland entity that both owns and operates seven casino venues in Poland. When it comes to the company’s beginnings, everything started back in 1992 when the firm was founded by Casinos Austria executives.
Less than a year from its founding, the firm signed a proposed St. Charles Parish riverboat casino in the state of Louisiana. However, this proposal was blocked by parish officials. Later on, the company bought out management agreement back in 1995 and relocated this entire project that eventually opened its doors as Isle of Capri Casino Lake Charles.
In the state of Indiana where riverboat casinos were legalized relatively recently, Century Casinos revealed two major proposals in September of 1993. However, the company was forced to abandon these plans within months. One year after its establishment, the company merged with Alpine Gaming while its cruise casino ship business started in April that same year.
Today, the company operates Century Casino Bath, Century Casino Calgary, Century Casino Central City, Century Casino Cripple Creek, Century Casino Edmonton, Century Casino St. Alberta, Century Downs Racetrack and Casino, Isle Casino Cape Girardeau, Lady Luck Casino Caruthersville, and Mountaineer Casino Racetrack and Resort.
Century Casino and Hotel Cripple Creek
The company’s latest business partnership with Circa Sports concerns its Century Casino and Hotel Cripple Creek which is located around forty-five miles of Colorado Springs. It is located in one of just three state jurisdictions that include Cripple Creek, Central City and Black Hawk where such facilities are legal.
Today, the state of Colorado is home to only Class III Vegas-style tribal casino facilities which are operated in the southwestern areas of the state including Ute Mountain Casino and Hotel in Towaoc and Sky Ute Casino Resort located in Ignacio. Commenting on the news, Circa Sports Colorado LLC’s CEO said that this partnership enables his company to finally expand outside of Nevada.
He also added that Colorado has proven to be a perfect place to mark his company’s official expansion thanks to the state’s pro-growth environment. Lastly, he proclaimed that the Colorado Division of Gaming has also done a great job to ensure an easy, seamless application and sports betting launch process. The Circa Sports Colorado mobile sports betting app should be available for download by the 1st of May this year.