Century Casinos, Inc. announced nowadays that the organization applied for any Casino license at Hotel InterContinental in Vienna, Austria.
As one particular of at least four corporations applying for the license, Century Casinos is managing a consortium of Austrian folks, entrepreneurs and investors. A 26% share in as well as a management agreement with all the newly established “Century Betriebs AG” tends to make Century the leader from the group. A decision to grant the 15-year license is anticipated in Q4 of this year. There is absolutely no assurance that the enterprise will probably be granted the concession by the Austrian Minister of Finance.
The enterprise expects “Century Betriebs AG” to invest approx. $18 million in the event the casino concession will probably be granted. The casino will be developed in an elegant retro 1960’s style in the 450-room Hotel InterContinental, Vienna and target domestic and international tourists, enterprise travellers, congress and convention guests too as affluent domestic and European casino visitors. Soon after a nine months construction period, the casino would offer you approx. 300 slot machines and 25 gaming tables on a 16,000 square feet gaming floor. Hotel InterContinental is situated inside the city center of Vienna, within walking distance to renowned locations of interest and other luxurious hotels.