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): October 22, 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.
Century Casinos, Inc. (the
“Company”) and certain of its subsidiaries are party to an amended credit
agreement with Wells Fargo Bank relating to the Company’s Central City,
Colorado property. On October 22, 2009, the Company repaid the outstanding
balance of approximately $7.2 million, which includes principal, accrued
interest and unpaid charges arising from earlier prepayments of principal.
The Company did not incur any additional prepayment charges for this
transaction.
In
connection with these repayments, the Company expects to write-off unamortized
deferred financing charges of $1.0 million for the three months ended September
30, 2009.
The
repayment by the Company terminated the amended credit agreement.
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SIGNATURES
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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: October
26, 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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