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Century Casinos agrees to sell Century Mile, Century Downs racinos to Highfield for USD 16.4 million

PUBT·09/28/2026 12:00:37
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Century Casinos agrees to sell Century Mile, Century Downs racinos to Highfield for USD 16.4 million
  • Century Casinos agreed to sell Century Mile in Edmonton and Century Downs in Calgary to Highfield Investment Group for USD 16.4 million.
  • Price equals CAD 23.2 million, based on a 0.7074 CAD/USD exchange rate, valuing the assets at 6.1x FY 2025 EBITDA.
  • Century Casinos owns 100% of Century Mile, holds 75% of Century Downs; minority partners own the remaining 25%.
  • VICI Properties owns the underlying real estate; the master lease will be amended, shifting tenant obligations to Highfield.
  • Annual rent under the master lease is expected to fall by about USD 7.5 million; closing targeted for Q4 2026 or Q1 2027.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Century Casinos Inc. published the original content used to generate this news brief via CNW (Ref. ID: 202609280800CANADANWCANADAPR_C2450) on September 28, 2026, and is solely responsible for the information contained therein.