Century Casinos Shares Higher

Shares of Century Casinos were over 4% higher Thursday after the company said it submitted a license application with its local partner for a casino at the Hamilton Pricess Hotel & Beach Club in Hamilton, Bermuda. The company said it believes that its submission represents the only casino license application in Bermuda at this time.

Century Casinos said the next step in the application process will be a hearing of the application on Sept. 22, which may end with the award of a provisional casino license by the Bermuda Casino Gaming Commission. A third and final stage of the application process will be the suitability stage, and the company noted that only at the end of this final stage will a casino license be granted.

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