An Austrian unit of Century Casinos Inc., based in Colorado Springs, recently purchased Saw Close Casino Ltd., which holds a license to develop and operate a 15,000 square foot casino in Bath, England. Century paid 6,000, including 6,000 in debt owed to the casino site landlord.
With a 30-year lease on the casino site, Saw Close plans to invest $6.4 million to design and build the casino. It will offer 18 gaming tables, 35 slot machines and 24 automated live gaming terminals. Opening is set for first quarter 2018 in a development with a 147-room hotel and two restaurants.
Century owns or operates casinos in Cripple Creek, Central City, Argentina, Aruba, Canada, Poland and aboard 13 cruise ships. The company also operates a horse racetrack and off-track betting locations in Canada.
Century Casinos Co-Chief Executive Officers Erwin Haitzmann and Peter Hoetzinger said, “We are excited about the opportunity to enter the UK gaming market with the addition of the Saw Close Casino to Century’s portfolio. We believe the casino in Bath has the potential to provide an attractive return on our investment.”
