EXHIBIT 10.67

        Office Lease - 26 South Tejon Street, Colorado Springs, Colorado


                            BUSINESS LEASE AGREEMENT

     THIS LEASE  AGREEMENT made and entered into this 15th day of August,  1996,
by and between Centre Development  Company of Colorado Springs,  LLC, a Colorado
Limited  Liability  CO  hereinafter  called  "Landlord",  and  Century  Casinos,
hereinafter called "Tenant".

     WITNESSETH:

     The  Landlord  does hereby  lease to Tenant and the Tenant does hereby take
and hire from the Landlord,  the following  described real property  situated in
the County of El Paso, and State of Colorado, to-wit: 2,310 square feet at 26/28
South Tejon Street, Colorado Springs, Colorado.  (hereinafter referred to as the
Leased Premises) upon the following expressed terms and conditions, to-wit:

     1. The term of this  Lease  shall  commence  on the 15th day of  September,
1996, and shall continue for a period of three (3) year(s) thereafter,  expiring
on the 30th day of September, 1999.

     The Tenant  agrees to pay the Landlord as rent for the Leased  Premises the
total sum of ninety three thousand five hundred fifty-five Dollars ($93,555.00),
which sum of money shall be payable in the following manner:

     monthly rental in the amount of $2,598.75

     3. The Tenant expressly covenants and agrees to use the Leased Premises for
the following  purpose:  general  office,  and for no other purpose  whatsoever,
without the prior  written  consent of the Landlord to such change in use of the
Leased Premises.

     4. This Lease may not be assigned or the Leased  Premises sublet during the
term of this lease  without the prior  written  consent of the  Landlord to such
assignment or subletting;  provided, however, that consent to assignment of this
Lease or subletting of the Leased Premises shall not be unreasonably withheld by
the Landlord if such assignment shall be to a financially  responsible assignee,
and provided,  further,  the assignee shall, in  consideration  of such consent,
become  personally  responsible  for  the  performance  of  this  Lease  and  no
assignment  hereof shall relieve the original Tenant of personal  responsibility
herein.

     5. The Landlord shall pay all real property  taxes for the Leased  Premises
during the term of this Lease,  and the Tenant shall pay all  personal  property
taxes accruing during the term of this Lease, for personal property owned by the
Tenant and kept on the Leased Premises.

     6. All utilities  used on the Premises  during the term of this Lease shall
be paid for by the Tenant.

     7. The  Landlord  agrees to carry  sufficient  fire and  extended  coverage
insurance on the Leased Premises during the term of this Lease to cover the cost
of rebuilding or repairing the Leased  Premises in the event of total or partial
destruction  thereof.  The Tenant agrees to carry and maintain public  liability
insurance  for the Leased  Premises in such amount and with such  company as the
Landlord and Tenant may agree upon during the term of this Lease.

     8. The Landlord  shall be responsible  for the exterior  maintenance of the
Leased  Premises  during  the term of this  Lease,  and the  maintenance  of any
parking lot facility  contiguous  thereto which is used in conjunction  with the
Leased  Premises.  All  maintenance,  repairs,  alterations  or additions to the
interior of the premises shall be made by the Tenant.

Initials: TENANT_________                                     LANDLORD_________
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     9. The  Landlord  may enter upon and  inspect  the Leased  Premises  at all
reasonable times during the term thereof.

     10. Following  termination of the Term, if Landlord so requests in writing,
Tenant shall  immediately  and at its own expense  remove its exterior signs and
any additions, fixtures and installations placed in the Premises by, through, or
under Tenant and designated in such request, and repair any damage occasioned by
any such removal.  Tenant shall  surrender the premises  broom clean and in good
condition and repair,  except only  reasonable  wear and tear and conditions for
which Tenant is not  responsible  hereunder.  All  improvements  placed upon the
Leased  Premises  of a  permanent  nature by the Tenant  shall be and become the
property of the Landlord at the expiration of this Lease, and the Landlord shall
be under no obligation to reimburse the Tenant for any sums of money so expended
in making permanent improvements on the Leased Premises; provided, however, that
at the  expiration  of the term of this Lease the Tenant  shall be  entitled  to
remove the following items installed,  or to be installed on the premises by the
Tenant,  and the provisions of this paragraph  shall not be construed to prevent
the removal of said items, to-wit:_____________________________________________
______________________________________________________________________________.

     11.  Should the Leased  Premised be  destroyed  or  rendered  uninhabitable
through no act or fault of the Tenant, either by fire, act of God, or otherwise,
then this Lease may be forthwith terminated by the Tenant, at his option, unless
the Landlord, at his own expense,  shall reconstruct said premises and render it
suitable for the Tenant's business within a period of ninety (90) days, it being
understood by the parties hereto that the rentals shall be suspended  during the
period of time when said  premises are rendered  uninhabitable  and unusable for
the Tenant's business.

     12. The Tenant  promises  and agrees that if default be made in the payment
of rents or in the performance of any other  conditions of the Lease,  that this
Lease may be  forthwith  terminated  at the  election of  Landlord  and that the
Tenant  will  immediately  surrender  and  deliver up  possession  of the Leased
Premises to the Landlord upon receiving  written notice from the Landlord of the
breach of  conditions of this Lease and election of the Landlord to so terminate
the  Lease.  In the event of such  default  by the  Tenant,  then the  Landlord,
besides other rights or remedies he may have,  shall have the immediate right of
re-entry  and the right to remove  all  persons  and  property  from the  Leased
Premises at the expense of the Tenant. Should the Landlord elect to re-enter, as
herein provided,  or should he take possession  pursuant to legal proceedings or
pursuant to any notice provided for by law, he may either  terminate this Lease,
or he may, from time to time, without terminating this Lease, re-let or re-lease
the Leased  Premises or any part thereof for such amount of rental and upon such
terms and conditions as the Landlord,  in his sole discretion and judgment,  may
deem advisable,  and he may make such  alterations,  improvements and repairs to
the Leased Premises as he may deem  advisable.  No such re-letting or re-leasing
of the Leased  Premises by the Landlord,  under the  circumstances  set forth in
this  paragraph,  shall be  construed as an election on the  Landlord's  part to
terminate or cancel this Lease,  unless a written notice of such  termination or
cancellation  is mailed by the  Landlord  to the  Tenant at the  address  of the
Leased Premises, nor shall such re-letting or re-leasing relieve the Tenant from
liability to the Landlord for any and all damages, of whatsoever type or nature,
which the  Landlord may have or will suffer or incur as a result of the Tenant's
breach  of  any  of the  terms,  covenants,  provisions  and  conditions  herein
contained. Notwithstanding any such re-letting or re-leasing without termination
of this Lease by the Landlord,  the Landlord may at any time thereafter elect to
terminate  the Lease for such  previous  breach of the  Tenant.  In the event it
should become necessary for the Landlord to employ an attorney to enforce any of
the provisions hereof, or to enforce any of them in legal proceedings,  Landlord
shall be entitled to recover of Tenant his costs in such behalf expended, plus a
reasonable attorney's fee.

Initials: TENANT_________                                     LANDLORD_________
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     13. In the event  this  Lease is  terminated  by reason of the  default  of
Tenant,  it is  understood  and agreed  that the  Landlord  shall be entitled to
retain any advance rental deposit herein made, to partially  compensate Landlord
for damages  suffered by reason of such default.  Nothing herein contained shall
be construed,  however,  as precluding the Landlord from  recovering from Tenant
any further or  additional  damages which he may have suffered by reason of such
default of the Tenant as provided in paragraph 12 hereof.

     14. Upon  expiration of the term of this Lease,  or any extension  thereof,
the Tenant agrees to surrender and deliver up possession of the Leased  Premises
to the  Landlord in as good  condition  and repair as the same are at this time,
ordinary  wear and tear  expected.  In the event the  Leased  Premises  shall be
damaged beyond  reasonable  wear and tear, the Tenant agrees to immediately  pay
the Landlord such sum of money as shall be  reasonably  expended by the Landlord
in restoring the Leased Premises to its former condition.

     15. Should the Tenant  continue in possession of the Leased  Premises after
the  expiration of this Lease,  without a written  extension or renewal  hereof,
such possession  shall be on a  month-to-month  basis only and then at a monthly
rate herein specified.

     16. The failure of Landlord to insist, in any one or more instances, upon a
strict  performance of any of the  obligations,  covenants or agreements  herein
contained,  or the failure of Landlord in any one or more  instances to exercise
any option, privilege or right herein contained, shall in no way be construed to
constitute a waiver, relinquishment or release of such obligations, covenants or
agreements and no forbearance by the Landlord of any default  hereunder shall in
any manner be construed as constituting a waiver of such default.

     17. Not used.

     18. If the  Tenant  shall be  declared  insolvent  or  bankrupt,  or if any
assignment  of his  property  shall be made for the benefit of his  creditors or
others, or if the Tenant's  leasehold interest herein shall be levied upon under
execution,  or taken by virtue of any writ of any Court of Law,  or if a Trustee
in Bankruptcy  or a receiver is appointed  for the property of the Tenant,  then
and upon the  happening of any one of these  events,  the  Landlord  may, at his
option,  immediately,  with or without notice,  terminate and cancel this Lease,
and  immediately  retake  possession  of the  Leased  Premises  without  thereby
occasioning any forfeiture of the obligations of the Tenant  previously  accrued
under this Lease.

     19. In the event all or any part of the Leased  Premises  shall be taken by
right of eminent domain,  or in the event the Landlord makes a conveyance of all
or any  part of the  Leased  Premises  in lieu of a taking  by right of  eminent
domain,  then  this  Lease  shall,  at the  option  of the  Landlord,  cease and
terminate.  In such event,  the Tenant shall not be required to make any further
rental  payments to the  Landlord  and the Tenant shall have the right to remove
from the Leased Premises any and all furniture, machinery and fixtures set forth
in paragraph  10 hereof.  In such event of a taking of all or part of the Leased
Premises by right of eminent domain or a conveyance in lieu of such taking,  the
Landlord  shall receive the entire award or price which the condemning or taking
governmental authority will pay for the Lease Premises.

Initials: TENANT_________                                     LANDLORD_________
<PAGE>


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     20.  This  Lease  Agreement  is  further  subject  to any and  all  special
conditions  which are contained on this Lease in the appropriate  space provided
therefore.

     21.  Wherever used herein,  the singular shall include the plural,  and the
use of any gender shall be applicable to all genders.

     22.  This Lease  shall bind and  benefit  alike the heirs,  successors  and
assigns of the parties hereto.

     IN WITNESS  WHEREOF,  the  parties  hereto have set their hands and affixed
their seals on the day and year first above written.

TENANT                                  LANDLORD


By: /S/ James D. Forbes                 By: /S/ Tom Phelan
-----------------------                 ------------------
James D. Forbes (President)             Tom Phelan


Address:                                Address:
Century Casinos, Inc.                   4720 Forge Rd #106
50 South Steele Street #755             Colorado Springs, CO  80907
Denver, CO  80209



                             ADDITIONAL PROVISIONS



1.   Termination Clause
     The  tenant has the option  after  year two of the lease to  terminate  the
     remaining term by paying the unamortized  balance of the tenant improvement
     amount.

2.   Parking
     The tenant will have two reserved spaces included as part of this lease, at
     no extra cost.

3.   Finish Requirements
     The landlord  will  deliver a clean,  ready to use suite,  with  sufficient
     electrical outlets.

4.   Options
     The tenant has 3 one year options to renew lease at same rate.

5.   Security Deposit
     With lease execution, tenant shall deposit one month's rent.

Initials: TENANT_________                                     LANDLORD_________