UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15 (d) of the Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported): July 7, 2009
CENTURY
CASINOS, INC.
(Exact
Name of Registrant as specified in its charter)
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Delaware
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0-22290
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84-1271317
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(State
or other jurisdiction
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(Commission
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(I.R.S.
Employer
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of
incorporation)
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File
Number)
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Identification
Number)
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2860
South Circle Drive, Suite 350, Colorado Springs, CO
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80906
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(Address
of principal executive offices)
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(Zip
Code)
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Registrant's
telephone number, including area code:
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719-527-8300
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Check the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions:
¨ Written communication
pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨ Soliciting material
pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨ Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
¨ Pre-commencement
pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
Item 1.02 Termination of a
Material Definitive Agreement.
The disclosure contained
below in “Item 2.04 Triggering Events That Accelerate or Increase a
Direct Financial Obligation or an Obligation under an Off-Balance Sheet
Arrangement” is incorporated in this Item 1.02 by
reference.
Item 2.04 Triggering Events
that Accelerate or Increase a Direct Financial Obligation or an Obligation under
an Off-Balance Sheet Arrangement.
Century Casinos, Inc. (the
“Company”) and certain of its subsidiaries are party to an amended and restated
credit agreement with Wells Fargo Bank relating to the Company’s Cripple Creek,
Colorado property. As previously disclosed, on June 30, 2009, the
Company’s
subsidiary, Century Resorts Limited completed the sale of Century Casinos Africa
(Pty) Limited. The Company agreed to repay the entire balance outstanding under
the amended and restated credit agreement upon the sale of Century Casinos
Africa (Pty) Limited. On July 7, 2009, the Company repaid the outstanding
balance of approximately $2.7 million, which includes principal and accrued
interest. The repayment by the Company terminated the amended and restated
credit agreement.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the Registrant has
duly caused this report to be signed on its behalf by the undersigned thereunto
duly authorized.
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Century
Casinos, Inc.
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(Registrant)
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Date: July
13, 2009
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By : /s/ Ray Sienko
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Ray
Sienko
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Chief
Accounting
Officer
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