Tag Archives: Casinos Poland
Poland – Casinos Poland opens casino at Hilton Warsaw
Century Casinos has now opened the casino at Hilton Hotel in Warsaw, Poland. The casino is operated by the company`s majority owned subsidiary, Casinos Poland Ltd. On June 9, 2017, over 1,000 guests were welcomed by Casinos Poland`s staff and were invited to explore the newly refurbished casino, featuring 70 gaming machines, 24 gaming tables…
Poland – Mixed results as Casinos Poland awaits details on tipping tax
Century Casinos has reported a ‘mixed quarter’ in Poland for Casinos Poland where slot revenue was up 40 per cent but table games revenue was down by 30 per cent. Casinos Poland operates 505 machines and 81 tables at nine locations throughout the country. Speaking at the conference call where the operator released its financial…
Poland – Polish casinos to pay tax on all casinos tips
The Supreme Administrative Court of Poland has ruled that casinos acting as a taxpayer must calculate, collect and pass on to the Polish tax authorities personal income tax on all tips received by employees from casino customers. Casinos Poland described the announcement as ‘unfavourable news.’ Peter Hoetzinger, Vice Chairman of the Board, President, Co-Chief Executive…
Poland – Century opens relocated Poznan licence at Hotel Andersia
Century Casinos’ 66 per cent-owned subsidiary Casinos Poland successfully launched a casino in Poznan, Poland, on Saturday, April 12. Century Casinos is currently operating nine casinos under the Casinos Poland brand in most major cities all over Poland. Casinos Poland has now relocated its casino license in Poznan from an unfavorable location to the four stars Hotel Andersia, one of…
Canada – Casinos Poland purchase helps boost Century’s revenues
Having increased its ownership in Casinos Poland, Century Casinos has boosted its revenues in 2013 by 46 per cent. Net operating revenue came in at US$104.6m with the three months ended December 31, generating $29.4m of that, representing a 66 per cent increase. In April 2013, the company completed the purchase of an additional 33.3 per cent ownership…
Poland – Casinos Poland moves tracks in Warsaw
Century Casinos’ 66 per cent-owned subsidiary Casinos Poland has opened its relocated, second casino in Warsaw. The operator has moved the license from an unfavourable location to the Marriott building in order to improve its offer in Poland`s main gaming market. The new venue is located on the second floor of the towering Marriot hotel in…
Poland – Increased ownership in Poland drives Century’s revenue
Century Casinos recorded a 59 per cent increase in net revenue, taking its net operating revenue to $28.3m for the three months ended June 30, 2013. Net earnings were $3.7m, a 219 per cent increase from the three months ended June 30, 2012, primarily due to the inclusion of operating results from Casinos Poland in the second quarter of…
