| DELAWARE                                                      | 84-1271317                           |
|---------------------------------------------------------------|--------------------------------------|
| (State or other jurisdiction ofincorporation or organization) | (I.R.S. Employer Identification No.) |

|                           |   |                     |   |                                          |   |                             |
|--------------------------------|--------|--------------------------|--------|-----------------------------------------------|--------|----------------------------------|
| Large accelerated filer  ̈ |   | Accelerated filer þ |   | Non-accelerated filer  ̈                  |   | Smaller reporting company  ̈ |
|                           |   |                     |   | (Do not check if a smaller reporting company) |   |                             |

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|    |   |                                                                                                                         | Page   |
|---------|--------|------------------------------------------------------------------------------------------------------------------------------|--------|
| PART I  |   | FINANCIAL INFORMATION                                                                                                        | Number |
|    |   |                                                                                                                         |   |
| Item 1. |   | Condensed Consolidated Financial Statements (unaudited)                                                                      |   |
|    |   | Condensed Consolidated Balance Sheets as of June 30, 2009 and December 31, 2008                                              | 3      |
|    |   | Condensed Consolidated Statements of Earnings for the Three and Six Months Ended June 30, 2009 and 2008                      | 4      |
|    |   | Condensed Consolidated Statements of Comprehensive Earnings (Loss) for the Three and Six Months Ended June 30, 2009 and 2008 | 6      |
|    |   | Condensed Consolidated Statements of Cash Flows for the Six Months Ended June 30, 2009 and 2008                              | 7      |
|    |   | Notes to Condensed Consolidated Financial Statements (unaudited)                                                             | 9      |
| Item 2. |   | Management’s Discussion and Analysis of Financial Condition and Results of Operations                                  | 17     |
| Item 3. |   | Quantitative and Qualitative Disclosures About Market Risk                                                                   | 34     |
| Item 4. |   | Controls and Procedures                                                                                                      | 34     |
|    |   |                                                                                                                         |   |
| PART II |   | OTHER INFORMATION                                                                                                            |   |
|    |   |                                                                                                                         |   |
| Item 4. |   | Submission of Matters to a Vote of Security Holders                                                                          | 35     |
| Item 6. |   | Exhibits                                                                                                                     | 35     |
|    |   |                                                                                                                         |   |
|    |   | SIGNATURES                                                                                                                   | 36     |

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| Amounts in thousands, except for share information |   | June 30, 2009 |    |   | December 31, 2008 |   |
|----------------------------------------------------|--------|---------------|---------|--------|-------------------|--------|
| ASSETS                                             |   |          |    |   |              |   |
| Current Assets:                                    |   |          |    |   |              |   |
| Cash and cash equivalents                          |   | $             | 38,689  |   |              | $      | 7,835 |   |
| Receivables, net                                   |   |          | 16,046  |   |              |   | 426 |   |
| Prepaid expenses                                   |   |          | 388     |   |              |   | 388 |   |
| Inventories                                        |   |          | 202     |   |              |   | 170 |   |
| Other current assets                               |   |          | 528     |   |              |   | 583 |   |
| Deferred income taxes – foreign              |   |          | 317     |   |              |   | 305 |   |
| Assets held for sale                               |   |          | -       |   |              |   | 35,983 |   |
| Total Current Assets                               |   |          | 56,170  |   |              |   | 45,690 |   |
|                                               |   |          |    |   |              |   |   |   |
| Property and equipment, net                        |   |          | 87,940  |   |              |   | 88,558 |   |
| Goodwill                                           |   |          | 4,229   |   |              |   | 4,014 |   |
| Equity investment                                  |   |          | 10,084  |   |              |   | 10,539 |   |
| Other assets                                       |   |          | 991     |   |              |   | 1,205 |   |
| Total Assets                                       |   | $             | 159,414 |   |              | $      | 150,006 |   |

| LIABILITIES AND SHAREHOLDERS’ EQUITY                                                                                         |   |   |    |   |   |   |
|------------------------------------------------------------------------------------------------------------------------------------|--------|--------|---------|--------|--------|--------|
| Current Liabilities:                                                                                                               |   |   |    |   |   |   |
| Current portion of long-term debt                                                                                                  |   | $      | 12,603  |   |   | $      | 8,862 |   |
| Accounts payable and accrued liabilities                                                                                           |   |   | 4,556   |   |   |   | 5,724 |   |
| Accrued payroll                                                                                                                    |   |   | 1,740   |   |   |   | 1,595 |   |
| Taxes payable                                                                                                                      |   |   | 1,526   |   |   |   | 1,340 |   |
| Deferred gain on disposition of Century Casinos Africa                                                                             |   |   | 1,581   |   |   |   | - |   |
| Liabilities related to assets held for sale                                                                                        |   |   | -       |   |   |   | 10,770 |   |
| Total Current Liabilities                                                                                                          |   |   | 22,006  |   |   |   | 28,291 |   |
|                                                                                                                               |   |   |    |   |   |   |   |   |
| Long-term debt, less current portion                                                                                               |   |   | 21,083  |   |   |   | 28,501 |   |
| Deferred income taxes – Foreign                                                                                              |   |   | 817     |   |   |   | 427 |   |
| Other long-term accrued liabilities                                                                                                |   |   | 303     |   |   |   | 303 |   |
| Total Liabilities                                                                                                                  |   |   | 44,209  |   |   |   | 57,522 |   |
|                                                                                                                               |   |   |    |   |   |   |   |   |
| Commitments and Contingencies                                                                                                      |   |   |    |   |   |   |   |   |
|                                                                                                                               |   |   |    |   |   |   |   |   |
| Shareholders’ Equity:                                                                                                        |   |   |    |   |   |   |   |   |
|      Noncontrolling interests                                                                                  |   |   | 1,567   |   |   |   | 4,711 |   |
|      Preferred stock; $.01 par value; 20,000,000 shares authorized; no shares issued or outstanding  |   |   | -       |   |   |   | - |   |
| Common stock; $.01 par value; 50,000,000 shares authorized; 23,910,443 and 23,895,443 shares issued, respectively;                 |   |   |    |   |   |   |   |   |
| 23,899,067 and 23,884,067 shares outstanding, respectively                                                                         |   |   | 239     |   |   |   | 239 |   |
| Additional paid-in capital                                                                                                         |   |   | 74,004  |   |   |   | 73,360 |   |
| Accumulated other comprehensive earnings (losses)                                                                                  |   |   | 826     |   |   |   | (5,147 | ) |
| Retained earnings                                                                                                                  |   |   | 38,595  |   |   |   | 19,347 |   |
|                                                                                                                               |   |   | 115,231 |   |   |   | 92,510 |   |
| Treasury stock – 11,376 shares at cost                                                                                       |   |   | (26     | )      |   |   | (26 | ) |
| Total Shareholders’ Equity                                                                                                   |   |   | 115,205 |   |   |   | 92,484 |   |
| Total Liabilities and Shareholders’ Equity                                                                                   |   | $      | 159,414 |   |   | $      | 150,006 |   |

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|                                                                                                     |   | For the three monthsended June 30, |   |   | For the six monthsended June 30, |   |
|----------------------------------------------------------------------------------------------------------|--------|------------------------------------|--------|--------|----------------------------------|--------|
| Amounts in thousands, except for share information                                                       |   | 2009                               |   |   | 2008                             |   |   | 2009 |   |   | 2008 |   |
| Operating revenue:                                                                                       |   |                               |   |   |                             |   |   |   |   |   |   |   |
| Gaming                                                                                                   |   | $                                  | 11,138 |   |                             | $      | 13,012 |   |   | $ | 22,610 |   |   | $ | 25,986 |   |
| Hotel, food and beverage                                                                                 |   |                               | 2,037  |   |                             |   | 2,114 |   |   |   | 3,936 |   |   |   | 4,198 |   |
| Other                                                                                                    |   |                               | 463    |   |                             |   | 505 |   |   |   | 872 |   |   |   | 958 |   |
|            Gross revenues                         |   |                               | 13,638 |   |                             |   | 15,631 |   |   |   | 27,418 |   |   |   | 31,142 |   |
| Less promotional allowances                                                                              |   |                               | 1,754  |   |                             |   | 1,758 |   |   |   | 3,535 |   |   |   | 3,739 |   |
| Net operating revenue                                                                                    |   |                               | 11,884 |   |                             |   | 13,873 |   |   |   | 23,883 |   |   |   | 27,403 |   |
|                                                                                                     |   |                               |   |   |                             |   |   |   |   |   |   |   |   |   |   |   |
| Operating costs and expenses:                                                                            |   |                               |   |   |                             |   |   |   |   |   |   |   |   |   |   |   |
| Gaming                                                                                                   |   |                               | 4,589  |   |                             |   | 5,105 |   |   |   | 9,058 |   |   |   | 10,497 |   |
| Hotel, food and beverage                                                                                 |   |                               | 1,659  |   |                             |   | 1,632 |   |   |   | 3,199 |   |   |   | 3,360 |   |
| General and administrative                                                                               |   |                               | 4,547  |   |                             |   | 5,239 |   |   |   | 8,878 |   |   |   | 10,506 |   |
| Depreciation                                                                                             |   |                               | 1,550  |   |                             |   | 1,696 |   |   |   | 3,122 |   |   |   | 3,365 |   |
|                                                                                                     |   |                               |   |   |                             |   |   |   |   |   |   |   |   |   |   |   |
| Total operating costs and expenses                                                                       |   |                               | 12,345 |   |                             |   | 13,672 |   |   |   | 24,257 |   |   |   | 27,728 |   |
|                                                                                                     |   |                               |   |   |                             |   |   |   |   |   |   |   |   |   |   |   |
| Earnings from equity investment                                                                          |   |                               | 154    |   |                             |   | 88 |   |   |   | 243 |   |   |   | 548 |   |
| Operating (loss) earnings from continuing operations                                                     |   |                               | (307   | )      |                             |   | 289 |   |   |   | (131 | ) |   |   | 223 |   |
| Non-operating income (expense):                                                                          |   |                               |   |   |                             |   |   |   |   |   |   |   |   |   |   |   |
| Interest income                                                                                          |   |                               | 1      |   |                             |   | 10 |   |   |   | 10 |   |   |   | 22 |   |
| Interest expense                                                                                         |   |                               | (915   | )      |                             |   | (975 | ) |   |   | (1,815 | ) |   |   | (2,208 | ) |
|     Gains (losses) on foreign currency transactions and other                             |   |                               | 276    |   |                             |   | (18 | ) |   |   | (249 | ) |   |   | 101 |   |
| Non-operating (expense), net                                                                             |   |                               | (638   | )      |                             |   | (983 | ) |   |   | (2,054 | ) |   |   | (2,085 | ) |
| Loss from continuing operations before income taxes                                                      |   |                               | (945   | )      |                             |   | (694 | ) |   |   | (2,185 | ) |   |   | (1,862 | ) |
| Income tax provision (benefit)                                                                           |   |                               | 100    |   |                             |   | (568 | ) |   |   | 319 |   |   |   | (1,213 | ) |
| Loss from continuing operations                                                                          |   |                               | (1,045 | )      |                             |   | (126 | ) |   |   | (2,504 | ) |   |   | (649 | ) |
|                                                                                                     |   |                               |   |   |                             |   |   |   |   |   |   |   |   |   |   |   |
| Discontinued operations:                                                                                 |   |                               |   |   |                             |   |   |   |   |   |   |   |   |   |   |   |
| Earnings from discontinued operations                                                                    |   |                               | 1,424  |   |                             |   | 1,266 |   |   |   | 2,712 |   |   |   | 2,714 |   |
| Gain on disposition of Century Casino Millennium                                                         |   |                               | 38     |   |                             |   | - |   |   |   | 915 |   |   |   | - |   |
| Gain on disposition of Century Casinos Africa                                                            |   |                               | 19,848 |   |                             |   | - |   |   |   | 19,848 |   |   |   | - |   |
| Income tax provision                                                                                     |   |                               | 533    |   |                             |   | 236 |   |   |   | 796 |   |   |   | 509 |   |
| Earnings from discontinued operations                                                                    |   |                               | 20,777 |   |                             |   | 1,030 |   |   |   | 22,679 |   |   |   | 2,205 |   |
| Net earnings                                                                                             |   |                               | 19,732 |   |                             |   | 904 |   |   |   | 20,175 |   |   |   | 1,556 |   |
| Less:   Net earnings attributable to the noncontrolling interests (continuing operations) |   |                               | (19    | )      |                             |   | 2 |   |   |   | (37 | ) |   |   | 4 |   |
| Net earnings attributable to the noncontrolling interests (discontinued operations)                      |   |                               | 848    |   |                             |   | 67 |   |   |   | 964 |   |   |   | 176 |   |
| Net earnings attributable to Century Casinos, Inc. and subsidiaries                                      |   | $                                  | 18,903 |   |                             | $      | 835 |   |   | $ | 19,248 |   |   | $ | 1,376 |   |

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|                                                                                |   | For the three monthsended June 30, |   |   | For the six monthsended June 30, |   |
|-------------------------------------------------------------------------------------|--------|------------------------------------|--------|--------|----------------------------------|--------|
|                                                                                |   | 2009                               |   |   | 2008                             |   |   | 2009 |   |   | 2008 |   |
| Basic earnings per share:                                                           |   |                               |   |   |                             |   |   |   |   |   |   |   |
|  Loss from continuing operations                                               |   | $                                  | (0.05  | )      |                             | $      | - |   |   | $ | (0.10 | ) |   | $ | (0.03 | ) |
|      Earnings from discontinued operations                      |   |                               | 0.85   |   |                             |   | 0.04 |   |   |   | 0.92 |   |   |   | 0.09 |   |
| Net earnings                                                                        |   | $                                  | 0.80   |   |                             | $      | 0.04 |   |   | $ | 0.82 |   |   | $ | 0.06 |   |
|                                                                                |   |                               |   |   |                             |   |   |   |   |   |   |   |   |   |   |   |
| Diluted earnings per share:                                                         |   |                               |   |   |                             |   |   |   |   |   |   |   |   |   |   |   |
| Loss from continuing operations                                                     |   | $                                  | (0.05  | )      |                             | $      | - |   |   | $ | (0.10 | ) |   | $ | (0.03 | ) |
| Earnings from discontinued operations                                               |   |                               | 0.85   |   |                             |   | 0.04 |   |   |   | 0.92 |   |   |   | 0.09 |   |
| Net earnings                                                                        |   | $                                  | 0.80   |   |                             | $      | 0.04 |   |   | $ | 0.82 |   |   | $ | 0.06 |   |
|                                                                                |   |                               |   |   |                             |   |   |   |   |   |   |   |   |   |   |   |
| Amounts attributable to Century Casinos, Inc. and subsidiaries common shareholders: |   |                               |   |   |                             |   |   |   |   |   |   |   |   |   |   |   |
| Loss from continuing operations                                                     |   | $                                  | (1,026 | )      |                             | $      | (128 | ) |   | $ | (2,467 | ) |   | $ | (653 | ) |
| Earnings from discontinued operations                                               |   |                               | 19,929 |   |                             |   | 963 |   |   |   | 21,715 |   |   |   | 2,029 |   |
| Net earnings                                                                        |   | $                                  | 18,903 |   |                             | $      | 835 |   |   | $ | 19,248 |   |   | $ | 1,376 |   |

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|                                                                                 |   | For the three monthsended June 30, |   |   | For the six monthsended June 30, |   |
|--------------------------------------------------------------------------------------|--------|------------------------------------|--------|--------|----------------------------------|--------|
|                                                                                 |   |                               |   |   |                             |   |   |   |   |   |   |   |
| Amounts in thousands                                                                 |   | 2009                               |   |   | 2008                             |   |   | 2009 |   |   | 2008 |   |
|                                                                                 |   |                               |   |   |                             |   |   |   |   |   |   |   |
| Net earnings                                                                         |   | $                                  | 19,732 |   |                             | $      | 904 |   |   | $ | 20,175 |   |   | $ | 1,556 |   |
| Foreign currency translation adjustments                                             |   |                               | 9,080  |   |                             |   | 2,058 |   |   |   | 6,810 |   |   |   | (2,421 | ) |
| Comprehensive earnings (loss)                                                        |   |                               | 28,812 |   |                             |   | 2,962 |   |   |   | 26,985 |   |   |   | (865 | ) |
| Less: Comprehensive earnings (loss) attributable to noncontrolling interest          |   |                               | 1,735  |   |                             |   | 253 |   |   |   | 1,764 |   |   |   | (432 | ) |
| Comprehensive earnings (loss) attributable to Century Casinos, Inc. and subsidiaries |   | $                                  | 27,077 |   |                             | $      | 2,709 |   |   | $ | 25,221 |   |   | $ | (433) |   |

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|                                                                                                  |   | For the six monthsended June 30, |         |
|-------------------------------------------------------------------------------------------------------|--------|----------------------------------|--------------|
|                                                                                                  |   |                             |         |   |   |   |
| Amounts in thousands                                                                                  |   | 2009                             |         |   | 2008 |   |
|                                                                                                  |   |                             |         |   |   |   |
| Cash Flows from Operating Activities:                                                                 |   |                             |         |   |   |   |
| Net earnings attributable to Century Casinos, Inc and subsidiaries                                    |   | $                                | 19,248       |   |   | $ | 1,376 |   |
|                                                                                                  |   |                             |         |   |   |   |   |   |
| Adjustments to reconcile net earnings to net cash provided by operating activities:                   |   |                             |    |   |   |   |   |   |
| Depreciation                                                                                          |   |                             | 3,122        |   |   |   | 4,576  |   |
| Gain on disposition of Century Casino Millennium                                                      |   |                             | (915         | ) |   |   | - |   |
| Gain on disposition of Century Casinos Africa                                                         |   |                             | (19,848      | ) |   |   | - |   |
| (Gain) loss on disposition of fixed assets                                                            |   |                             | (8           | ) |   |   | 34 |   |
| Amortization of share-based compensation                                                              |   |                             | 624          |   |   |   | 697 |   |
| Amortization of deferred financing costs                                                              |   |                             | 331          |   |   |   | 253 |   |
| Deferred tax expense                                                                                  |   |                             | 524          |   |   |   | (1,496 | ) |
| Noncontrolling interests                                                                              |   |                             | 927          |   |   |   | 180 |   |
| Earnings from unconsolidated subsidiary                                                               |   |                             | (243         | ) |   |   | (548 | ) |
| Other                                                                                                 |   |                             | -            |   |   |   | 1 |   |
| Excess tax benefits from stock-based payment arrangements                                             |   |                             | (5           | ) |   |   | (24 | ) |
| Changes in operating assets and liabilities:                                                          |   |                             |         |   |   |   |   |   |
| Receivables                                                                                           |   |                             | 138          |   |   |   | (47 | ) |
| Prepaid expenses and other assets                                                                     |   |                             | (142         | ) |   |   | (113 | ) |
| Accounts payable and accrued liabilities                                                              |   |                             | (1,567       | ) |   |   | (1,760 | ) |
| Accrued payroll                                                                                       |   |                             | 250          |   |   |   | (84 | ) |
| Taxes payable                                                                                         |   |                             | (72          | ) |   |   | (683 | ) |
|                                                                                                  |   |                             |         |   |   |   |   |   |
| Net cash provided by operating activities                                                             |   |                             | 2,364        |   |   |   | 2,362 |   |
|                                                                                                  |   |                             |         |   |   |   |   |   |
|                                                                                                  |   |                             |         |   |   |   |   |   |
| Cash Flows from Investing Activities:                                                                 |   |                             |         |   |   |   |   |   |
| Purchases of property and equipment                                                                   |   |                             | (1,329       | ) |   |   | (2,120 | ) |
| Proceeds from disposition of Century Casino Millennium (net of cash balance of $456 assumed by buyer) |   |                             | 974          |   |   |   | - |   |
| Proceeds from disposition of Century Casinos Africa (net of cash balance of $975 assumed by buyer)    |   |                             | 31,776       |   |   |   | - |   |
| Proceeds from disposition of assets                                                                   |   |                             | 180          |   |   |   | 163 |   |
| Other                                                                                                 |   |                             | (21          | ) |   |   | - |   |
|                                                                                                  |   |                             |         |   |   |   |   |   |
| Net cash provided by (used in) investing activities                                                   |   |                             | 31,580       |   |   |   | (1,957 | ) |

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|                                                                     |   | For the six monthsended June 30, |   |
|--------------------------------------------------------------------------|--------|----------------------------------|--------|
|                                                                     |   |                             |   |   |   |   |
| Amounts in thousands                                                     |   | 2009                             |   |   | 2008 |   |
| Cash Flows from Financing Activities:                                    |   |                             |   |   |   |   |
| Proceeds from borrowings                                                 |   | $                                | 80     |   |   | $ | 9,471 |   |
| Principal repayments                                                     |   |                             | (5,741 | ) |   |   | (18,140 | ) |
| Excess tax benefits from stock-based payment arrangements                |   |                             | 5      |   |   |   | 24 |   |
| Deferred financing charges                                               |   |                             | (2     | ) |   |   | (34 | ) |
| Proceeds from exercise of options                                        |   |                             | 15     |   |   |   | 672 |   |
|                                                                     |   |                             |   |   |   |   |   |   |
| Net cash used in financing activities                                    |   |                             | (5,643 | ) |   |   | (8,007 | ) |
|                                                                     |   |                             |   |   |   |   |   |   |
| Effect of Exchange Rate Changes on Cash                                  |   |                             | 1,089  |   |   |   | (879 | ) |
|                                                                     |   |                             |   |   |   |   |   |   |
| Increase (Decrease) in Cash and Cash Equivalents                         |   |                             | 29,390 |   |   |   | (8,481 | ) |
|                                                                     |   |                             |   |   |   |   |   |   |
| Decrease in Cash and Cash Equivalents related to Discontinued Operations |   |                             | 1,464  |   |   |   | 3,881 |   |
|                                                                     |   |                             |   |   |   |   |   |   |
| Cash and Cash Equivalents at Beginning of Period                         |   |                             | 7,835  |   |   |   | 11,742 |   |
|                                                                     |   |                             |   |   |   |   |   |   |
| Cash and Cash Equivalents at End of Period                               |   | $                                | 38,689 |   |   | $ | 7,142 |   |

| Amounts in Thousands |   | For the six monthsended June 30, |   |
|----------------------|--------|----------------------------------|--------|
|                 |   | 2009                             |   |   | 2008 |   |
| Interest paid        |   | $                                | 1,799  |   |   | $ | 2,647 |   |
| Income taxes paid    |   | $                                | 812    |   |   | $ | 357 |   |

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|                     |   | June 30, 2009 |   |   | December 31, 2008 |   |    | June 30, 2008 |   |
|--------------------------|--------|---------------|--------|--------|-------------------|--------|---------|---------------|--------|
| Canadian dollar (CAD)    |   |          | 1.1625 |   |              |   | 1.2246  |          |   |   | 1.0186 |   |
| Czech koruna (CZK)       |   |          | N/A    |   |              |   | 19.2550 |          |   |   | 15.1830 |   |
| Euros (€)          |   |          | 0.7133 |   |              |   | 0.7184  |          |   |   | 0.6350 |   |
| Polish zloty (PLN)       |   |          | 3.1823 |   |              |   | 2.9709  |          |   |   | 2.1287 |   |
| South African rand (ZAR) |   |          | 7.7397 |   |              |   | 9.3410  |          |   |   | 7.8054 |   |

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| Amounts in thousands                     |   | December 31, 2008 |   |
|------------------------------------------|--------|-------------------|--------|
| ASSETS                                   |   |              |   |
| Current Assets:                          |   |              |   |
| Cash and cash equivalents                |   | $                 | 1,464  |   |
| Restricted cash                          |   |              | 104    |   |
| Receivables, net                         |   |              | 278    |   |
| Prepaid expenses                         |   |              | 287    |   |
| Inventories                              |   |              | 244    |   |
| Other current assets                     |   |              | 21     |   |
| Total current assets                     |   |              | 2,398  |   |
|                                     |   |              |   |   |
| Property and equipment, net              |   |              | 22,650 |   |
| Goodwill                                 |   |              | 704    |   |
| Casino licenses                          |   |              | 8,356  |   |
| Deferred income taxes – foreign    |   |              | 764    |   |
| Other assets                             |   |              | 1,111  |   |
| Total Assets                             |   | $                 | 35,983 |   |
|                                     |   |              |   |   |
| LIABILITIES                              |   |              |   |   |
| Current Liabilities:                     |   |              |   |   |
| Current portion of long-term debt        |   | $                 | 3,405  |   |
| Accounts payable and accrued liabilities |   |              | 2,076  |   |
| Accrued payroll                          |   |              | 453    |   |
| Taxes payable                            |   |              | 1,035  |   |
| Total current liabilities                |   |              | 6,969  |   |
|                                     |   |              |   |   |
| Long-term debt, less current portion     |   |              | 3,801  |   |
| Total Liabilities                        |   |              | 10,770 |   |
| Net Assets                               |   | $                 | 25,213 |   |

| Amounts in thousands                           |   | June 30, 2009 |   |   | December 31, 2008 |   |
|------------------------------------------------|--------|---------------|--------|--------|-------------------|--------|
|                                           |   |          |   |   |              |   |
| Balance Sheet:                                 |   |          |   |   |              |   |
|     Current assets         |   | $             | 3,541  |   |              | $      | 3,208 |   |
|     Noncurrent assets      |   | $             | 14,454 |   |              | $      | 16,751 |   |
|     Current liabilities    |   | $             | 10,986 |   |              | $      | 10,530 |   |
|     Noncurrent liabilities |   | $             | 3,582  |   |              | $      | 3,842 |   |

----

|                  | For the three monthsended June 30, |   | For the six monthsended June 30, |   |
|-----------------------|------------------------------------|--------|----------------------------------|--------|
|                  | 2009                               |   | 2008                             |   | 2009 |   | 2008 |   |
| Operating Results:    |                               |   |                             |   |   |   |   |   |   |   |   |   |
| Net operating revenue |                               | $      | 10,573                           |   |   | $ | 14,027 |   |   | $ | 20,369 |   |   | $ | 30,304 |   |
| Net earnings          |                               | $      | 462                              |   |   | $ | 264 |   |   | $ | 729 |   |   | $ | 1,644 |   |

|                         |   | For the three monthsended June 30, |   |   | For the six monthsended June 30, |   |
|------------------------------|--------|------------------------------------|--------|--------|----------------------------------|--------|
| Amounts in thousands         |   | 2009                               |   |   | 2008                             |   |   | 2009 |   |   | 2008 |   |
| Hotel, Food & Beverage   |   | $                                  | 771    |   |                             | $      | 744 |   |   | $ | 1,498 |   |   | $ | 1,432 |   |
| Free Plays or Coupons        |   |                               | 519    |   |                             |   | 578 |   |   |   | 1,128 |   |   |   | 1,350 |   |
| Player Points                |   |                               | 464    |   |                             |   | 436 |   |   |   | 909 |   |   |   | 957 |   |
| Total Promotional Allowances |   | $                                  | 1,754  |   |                             | $      | 1,758 |   |   | $ | 3,535 |   |   | $ | 3,739 |   |

----

| ·   | The level of historical taxable income and projections for future taxable income over periods in which the deferred tax assets would be deductible, and |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Accumulation of net income before tax utilizing a look-back period of three years. |
|--------------------|------------------------------------------------------------------------------------|

|                                       |   | For the three monthsended June 30, |   |   | For the six monthsended June 30, |   |
|--------------------------------------------|--------|------------------------------------|--------|--------|----------------------------------|--------|
| Amounts in thousands                       |   | 2009                               |   |   | 2008                             |   |   | 2009 |   |   | 2008 |   |
| Provision for U.S. federal income taxes    |   | $                                  | 21     |   |                             | $      | (781 | ) |   | $ | 32 |   |   | $ | (1,569 | ) |
| Provision for state income taxes           |   |                               | -      |   |                             |   | (111 | ) |   |   | - |   |   |   | (224 | ) |
| Provision for foreign income taxes         |   |                               | 79     |   |                             |   | 324 |   |   |   | 287 |   |   |   | 580 |   |
| Total provision (benefit) for income taxes |   | $                                  | 100    |   |                             | $      | (568 | ) |   | $ | 319 |   |   | $ | (1,213 | ) |

| Amounts in thousands |   | For the three monthsended June 30, 2009 |   |   | For the three monthsended June 30, 2008 |   |
|----------------------|--------|-----------------------------------------|--------|--------|-----------------------------------------|--------|
|                 |   | Pre-tax income                          |   |   | Income tax                              |   |   | Effectivetax rate |   |   | Pre-tax income |   |   | Income tax |   |   | Effectivetax rate |   |
| Canada               |   | $                                       | 495    |   |                                    | $      | 132 |   |   |   | 26.7 | % |   | $ | 1,062 |   |   | $ | 299 |   |   |   | 28.2 | % |
| United States        |   |                                    | (1,653 | )      |                                    |   | 21 |   |   |   | (1.3 | %) |   |   | (2,321 | ) |   |   | (892 | ) |   |   | 38.4 | % |
| Mauritius            |   |                                    | (496   | )      |                                    |   | (50 | ) |   |   | 10.1 | % |   |   | 524 |   |   |   | 19 |   |   |   | 3.6 | % |
| Austria              |   |                                    | 599    |   |                                    |   | (3 | ) |   |   | (0.5 | %) |   |   | 52 |   |   |   | 6 |   |   |   | 11.5 | % |
| Poland               |   |                                    | 110    |   |                                    |   | - |   |   |   | - | % |   |   | (11 | ) |   |   | - |   |   |   | - | % |
| Total                |   | $                                       | (945   | )      |                                    | $      | 100 |   |   |   | (10.6 | %) |   | $ | (694 | ) |   | $ | (568 | ) |   |   | 81.8 | % |

----

| Amounts in thousands |   | For the six monthsended June 30, 2009 |   |   | For the six monthsended June 30, 2008 |   |
|----------------------|--------|---------------------------------------|--------|--------|---------------------------------------|--------|
|                 |   | Pre-tax income                        |   |   | Income tax                            |   |   | Effectivetax rate |   |   | Pre-tax income |   |   | Income tax |   |   | Effectivetax rate |   |
| Canada               |   | $                                     | 1,291  |   |                                  | $      | 353 |   |   |   | 27.3 | % |   | $ | 1,784 |   |   | $ | 526 |   |   |   | 29.5 | % |
| United States        |   |                                  | (3,112 | )      |                                  |   | 32 |   |   |   | (1.0 | %) |   |   | (5,305 | ) |   |   | (1,793 | ) |   |   | 33.8 | % |
| Mauritius            |   |                                  | (1,270 | )      |                                  |   | (70 | ) |   |   | 5.5 | % |   |   | 1,129 |   |   |   | 42 |   |   |   | 3.7 | % |
| Austria              |   |                                  | 687    |   |                                  |   | 4 |   |   |   | 0.6 | % |   |   | (67 | ) |   |   | 12 |   |   |   | (17.9 | %) |
| Poland               |   |                                  | 219    |   |                                  |   | - |   |   |   | - | % |   |   | 597 |   |   |   | - |   |   |   | - | % |
| Total                |   | $                                     | (2,185 | )      |                                  | $      | 319 |   |   |   | (14.6 | %) |   | $ | (1,862 | ) |   | $ | (1,213 | ) |   |   | 65.1 | % |

|   | Basic earnings per common share is calculated by dividing net income by the weighted average number of common shares outstanding during the period.  Diluted earnings per common share adjusts the weighted average shares outstanding by the dilutive impact of shares underlying stock options and unvested restricted stock awards.  The weighted average shares outstanding were computed as follows: |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                                          |   | For the three monthsended June 30, |       |   | For the six monthsended June 30, |   |
|-----------------------------------------------|--------|------------------------------------|------------|--------|----------------------------------|--------|
|                                          |   | 2009                               |       |   | 2008                             |   |   | 2009 |   |   | 2008 |   |
|                                          |   |                               |       |   |                             |   |   |   |   |   |   |   |
| Weighted average common shares                |   |                               | 23,524,067 |   |                             |   | 23,468,243 |   |   |   | 23,524,067 |   |   |   | 23,386,540 |   |
| Dilutive effect of stock options and warrants |   |                               | -          |   |                             |   | - |   |   |   | - |   |   |   | - |   |
| Dilutive potential common shares              |   |                               | 23,524,067 |   |                             |   | 23,468,243 |   |   |   | 23,524,067 |   |   |   | 23,386,540 |   |
|                                          |   |                               |       |   |                             |   |   |   |   |   |   |   |   |   |   |   |

|                       |   | For the three monthsended June 30, |      |   | For the six monthsended June 30, |   |
|----------------------------|--------|------------------------------------|-----------|--------|----------------------------------|--------|
|                       |   | 2009                               |      |   | 2008                             |   |   | 2009 |   |   | 2008 |   |
| Stock options and warrants |   |                               | 1,279,782 |   |                             |   | 985,210 |   |   |   | 1,279,782 |   |   |   | 985,210 |   |
| Unvested restricted stock  |   |                               | 360,000   |   |                             |   | 400,000 |   |   |   | 360,000 |   |   |   | 400,000 |   |

----

|                                   |   | Long-Lived Assets* |    |
|----------------------------------------|--------|--------------------|---------|
| Amounts in thousands                   |   | June 30, 2009      |    |   | December 31, 2008 |   |
|                                   |   |               |    |   |   |   |
| United States                          |   | $                  | 60,627  |   |   | $ | 62,349 |   |
|                                   |   |               |    |   |   |   |   |   |
| International:                         |   |               |    |   |   |   |   |   |
|    Canada               |   | $                  | 30,267  |   |   | $ | 29,299 |   |
|    Europe               |   |               | 10,324  |   |   |   | 10,836 |   |
|    International waters |   |               | 1,035   |   |   |   | 627 |   |
| Total international                    |   |               | 41,626  |   |   |   | 40,762 |   |
| Total                                  |   | $                  | 102,253 |   |   | $ | 103,111 |   |

|                                   |   | Net Operating Revenue              |   |
|----------------------------------------|--------|------------------------------------|--------|
|                                   |   | For the three monthsended June 30, |   |   | For the six monthsended June 30, |   |
| Amounts in thousands                   |   | 2009                               |   |   | 2008 |   |   | 2009 |   |   | 2008 |   |
| United States                          |   | $                                  | 6,619  |   |   | $ | 7,478 |   |   | $ | 13,354 |   |   | $ | 14,768 |   |
|                                   |   |                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| International:                         |   |                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    Canada               |   | $                                  | 4,843  |   |   | $ | 5,795 |   |   | $ | 9,639 |   |   | $ | 11,352 |   |
|    International waters |   |                               | 422    |   |   |   | 600 |   |   |   | 890 |   |   |   | 1,283 |   |
| Total international                    |   |                               | 5,265  |   |   |   | 6,395 |   |   |   | 10,529 |   |   |   | 12,635 |   |
| Total                                  |   | $                                  | 11,884 |   |   | $ | 13,873 |   |   | $ | 23,883 |   |   | $ | 27,403 |   |

----

| -   | The Century Casino & Hotel in Edmonton, Alberta, Canada; |
|---------------|--------------------------------------------------------------|

| -   | Womacks Casino & Hotel in Cripple Creek, Colorado; and |
|---------------|------------------------------------------------------------|

| -   | The Century Casino & Hotel in Central City, Colorado. |
|---------------|-----------------------------------------------------------|

----

----

|                     |   | For the three monthsended June 30, |   |   | For the six monthsended June 30, |   |
|--------------------------|--------|------------------------------------|--------|--------|----------------------------------|--------|
|                     |   | 2009                               |   |   | 2008                             |   |   | 2009 |   |   | 2008 |   |
| Canadian dollar (CAD)    |   |                               | 1.1671 |   |                             |   | 1.0101 |   |   |   | 1.2453 |   |   |   | 1.0073 |   |
| Czech koruna (CZK)       |   |                               | N/A    |   |                             |   | 15.8810 |   |   |   | 21.1428 |   |   |   | 16.4754 |   |
| Euros (€)          |   |                               | 0.7342 |   |                             |   | 0.6399 |   |   |   | 0.7507 |   |   |   | 0.6539 |   |
| Polish zloty (PLN)       |   |                               | 3.2600 |   |                             |   | 2.1802 |   |   |   | 3.3583 |   |   |   | 2.2837 |   |
| South African rand (ZAR) |   |                               | 8.4611 |   |                             |   | 7.7688 |   |   |   | 9.2022 |   |   |   | 7.6595 |   |

|                                                 |   | For the three monthsended June 30, |   |   | For the six monthsended June 30, |   |
|------------------------------------------------------|--------|------------------------------------|--------|--------|----------------------------------|--------|
|                                                 |   | 2009                               |   |   | 2008                             |   |   | 2009 |   |   | 2008 |   |
|                                                 |   |                               |   |   |                             |   |   |   |   |   |   |   |
| Gaming revenue                                       |   | $                                  | 11,138 |   |                             | $      | 13,012 |   |   | $ | 22,610 |   |   | $ | 25,986 |   |
| Net operating revenue                                |   |                               | 11,884 |   |                             |   | 13,873 |   |   |   | 23,883 |   |   |   | 27,403 |   |
| Total operating costs and expenses                   |   |                               | 12,345 |   |                             |   | 13,672 |   |   |   | 24,257 |   |   |   | 27,728 |   |
| Earnings from equity investment                      |   |                               | 154    |   |                             |   | 88 |   |   |   | 243 |   |   |   | 548 |   |
| Operating (loss) earnings from continuing operations |   |                               | (307   | )      |                             |   | 289 |   |   |   | (131 | ) |   |   | 223 |   |
| Loss from continuing operations                      |   |                               | (1,045 | )      |                             |   | (126 | ) |   |   | (2,504 | ) |   |   | (649 | ) |
| Earnings from discontinued operations                |   |                               | 20,777 |   |                             |   | 1,030 |   |   |   | 22,679 |   |   |   | 2,205 |   |
| Net earnings                                         |   |                               | 18,903 |   |                             |   | 835 |   |   |   | 19,248 |   |   |   | 1,376 |   |
| Earnings per share                                   |   |                               |   |   |                             |   |   |   |   |   |   |   |   |   |   |   |
| Basic                                                |   |                               |   |   |                             |   |   |   |   |   |   |   |   |   |   |   |
| Loss from continuing operations                      |   |                               | (0.05  | )      |                             |   | - |   |   |   | (0.10 | ) |   |   | (0.03 | ) |
| Net earnings                                         |   |                               | 0.80   |   |                             |   | 0.04 |   |   |   | 0.82 |   |   |   | 0.06 |   |
| Diluted                                              |   |                               |   |   |                             |   |   |   |   |   |   |   |   |   |   |   |
| Loss from continuing operations                      |   |                               | (0.05  | )      |                             |   | - |   |   |   | (0.10 | ) |   |   | (0.03 | ) |
| Net earnings                                         |   |                               | 0.80   |   |                             |   | 0.04 |   |   |   | 0.82 |   |   |   | 0.06 |   |

----

|                                                   |   | For the three monthsended June 30, (1) |   |   | For the six monthsended June 30, (1) |   |
|--------------------------------------------------------|--------|----------------------------------------|--------|--------|--------------------------------------|--------|
|                                                   |   | 2009                                   |   |   | 2008                                 |   |   | 2009 |   |   | 2008 |   |
|                                                   |   |                                   |   |   |                                 |   |   |   |   |   |   |   |
| Century Casino & Hotel (Edmonton, Alberta, Canada) |   | $                                      | 4,843  |   |                                 | $      | 5,795 |   |   | $ | 9,639 |   |   | $ | 11,352 |   |
| Womacks (Cripple Creek, Colorado)                      |   |                                   | 2,441  |   |                                 |   | 2,859 |   |   |   | 5,013 |   |   |   | 5,741 |   |
| Century Casino & Hotel (Central City, Colorado)    |   |                                   | 4,178  |   |                                 |   | 4,617 |   |   |   | 8,341 |   |   |   | 9,024 |   |
| Cruise Ships                                           |   |                                   | 422    |   |                                 |   | 600 |   |   |   | 890 |   |   |   | 1,283 |   |
| Casinos Poland (Poland)(2)                             |   |                                   | -      |   |                                 |   | - |   |   |   | - |   |   |   | - |   |
| Corporate                                              |   |                                   | -      |   |                                 |   | 2 |   |   |   | - |   |   |   | 3 |   |
| Net operating revenue                                  |   | $                                      | 11,884 |   |                                 | $      | 13,873 |   |   | $ | 23,883 |   |   | $ | 27,403 |   |

| (1)   | Excludes discontinued operations |
|-----------------|----------------------------------|

| (2)   | Accounted for as an equity investment. |
|-----------------|----------------------------------------|

----

|                                                   |   | For the three monthsended June 30, (1) |   |   | For the six monthsended June 30, (1) |   |
|--------------------------------------------------------|--------|----------------------------------------|--------|--------|--------------------------------------|--------|
|                                                   |   | 2009                                   |   |   | 2008                                 |   |   | 2009 |   |   | 2008 |   |
|                                                   |   |                                   |   |   |                                 |   |   |   |   |   |   |   |
| Century Casino & Hotel (Edmonton, Alberta, Canada) |   | $                                      | 1,234  |   |                                 | $      | 1,902 |   |   | $ | 2,710 |   |   | $ | 3,459 |   |
| Womacks (Cripple Creek, Colorado)                      |   |                                   | 8      |   |                                 |   | (4 | ) |   |   | 106 |   |   |   | (138 | ) |
| Century Casino & Hotel (Central City, Colorado)    |   |                                   | 227    |   |                                 |   | 461 |   |   |   | 539 |   |   |   | 542 |   |
| Cruise Ships                                           |   |                                   | (49    | )      |                                 |   | 38 |   |   |   | (49 | ) |   |   | 122 |   |
| Casinos Poland (Poland)(2)                             |   |                                   | 154    |   |                                 |   | 88 |   |   |   | 243 |   |   |   | 548 |   |
| Corporate                                              |   |                                   | (1,881 | )      |                                 |   | (2,196 | ) |   |   | (3,680 | ) |   |   | (4,310 | ) |
| (Loss) earnings from operations                        |   | $                                      | (307   | )      |                                 | $      | 289 |   |   | $ | (131 | ) |   | $ | 223 |   |

| (1)   | Excludes discontinued operations |
|-----------------|----------------------------------|

| (2)   | Accounted for as an equity investment. |
|-----------------|----------------------------------------|

|                        |   | Three monthsended June 30, |   |   |   |   |   |     |   |
|-----------------------------|--------|----------------------------|--------|--------|--------|--------|--------|----------|--------|
|                        |   | 2009                       |   |   | 2008   |   |   | Variance |   |   | PercentageVariance |   |
|                        |   |                       |   |   |   |   |   |     |   |   |   |   |
| Gaming                      |   | $                          | 11,138 |   |   | $      | 13,012 |     |   | $ | (1,874 | ) |   |   | (14.4 | %) |
| Hotel, food and beverage    |   |                       | 2,037  |   |   |   | 2,114  |     |   |   | (77 | ) |   |   | (3.6 | %) |
| Other                       |   |                       | 463    |   |   |   | 505    |     |   |   | (42 | ) |   |   | (8.3 | %) |
| Gross revenue               |   |                       | 13,638 |   |   |   | 15,631 |     |   |   | (1,993 | ) |   |   | (12.8 | %) |
| Less promotional allowances |   |                       | 1,754  |   |   |   | 1,758  |     |   |   | 4 |   |   |   | (0.2 | %) |
| Net operating revenue       |   | $                          | 11,884 |   |   | $      | 13,873 |     |   | $ | (1,989 | ) |   |   | (14.3 | %) |

----

----

|                               |   | Three monthsended June 30, |   |   |   |   |   |     |   |
|------------------------------------|--------|----------------------------|--------|--------|--------|--------|--------|----------|--------|
|                               |   | 2009                       |   |   | 2008   |   |   | Variance |   |   | PercentageVariance |   |
|                               |   |                       |   |   |   |   |   |     |   |   |   |   |
| Gaming                             |   | $                          | 4,589  |   |   | $      | 5,105  |     |   | $ | (516 | ) |   |   | (10.1 | %) |
| Hotel, food and beverage           |   |                       | 1,659  |   |   |   | 1,632  |     |   |   | 27 |   |   |   | 1.7 | % |
| General and administrative         |   |                       | 4,547  |   |   |   | 5,239  |     |   |   | (692 | ) |   |   | (13.2 | %) |
| Depreciation                       |   |                       | 1,550  |   |   |   | 1,696  |     |   |   | (146 | ) |   |   | (8.6 | %) |
| Total operating costs and expenses |   | $                          | 12,345 |   |   | $      | 13,672 |     |   | $ | (1,327 | ) |   |   | (9.7 | %) |

----

----

|                                                     |   | Three monthsended June 30, |   |   |   |   |   |     |   |
|----------------------------------------------------------|--------|----------------------------|--------|--------|--------|--------|--------|----------|--------|
|                                                     |   | 2009                       |   |   | 2008   |   |   | Variance |   |   | PercentageVariance |   |
|                                                     |   |                       |   |   |   |   |   |     |   |   |   |   |
| Interest income                                          |   | $                          | 1      |   |   | $      | 10     |     |   | $ | (9 | ) |   |   | (90.0 | %) |
| Interest expense                                         |   |                       | (915   | )      |   |   | (975   | )        |   |   | 60 |   |   |   | 6.2 | % |
| Gains (losses) on foreign currency translation and other |   |                       | 276    |   |   |   | (18    | )        |   |   | 294 |   |   |   | (1,633.3 | %) |
| Non-operating expense                                    |   | $                          | (638   | )      |   | $      | (983   | )        |   | $ | 345 |   |   |   | 35.1 | % |

----

| Amounts in thousands |   | For the three monthsended June 30, 2009 |   |   | For the three monthsended June 30, 2008 |   |
|----------------------|--------|-----------------------------------------|--------|--------|-----------------------------------------|--------|
|                 |   | Pre-tax income                          |   |   | Income tax                              |   |   | Effective tax rate |   |   | Pre-tax income |   |   | Income tax |   |   | Effectivetax rate |   |
| Canada               |   | $                                       | 495    |   |                                    | $      | 132 |   |   |   | 26.7 | % |   | $ | 1,062 |   |   | $ | 299 |   |   |   | 28.2 | % |
| United States (1)    |   |                                    | (1,653 | )      |                                    |   | 21 |   |   |   | (1.3 | %) |   |   | (2,321 | ) |   |   | (892 | ) |   |   | 38.4 | % |
| Mauritius  (2)  |   |                                    | (496   | )      |                                    |   | (50 | ) |   |   | 10.1 | % |   |   | 524 |   |   |   | 19 |   |   |   | 3.6 | % |
| Austria              |   |                                    | 599    |   |                                    |   | (3 | ) |   |   | (0.5 | %) |   |   | 52 |   |   |   | 6 |   |   |   | 11.5 | % |
| Poland               |   |                                    | 110    |   |                                    |   | - |   |   |   | - | % |   |   | (11 | ) |   |   | - |   |   |   | - | % |
| Total                |   | $                                       | (945   | )      |                                    | $      | 100 |   |   |   | (10.6 | %) |   | $ | (694 | ) |   | $ | (568 | ) |   |   | 81.8 | % |

|                        |   | Six monthsended June 30, |   |   |   |   |   |     |   |
|-----------------------------|--------|--------------------------|--------|--------|--------|--------|--------|----------|--------|
|                        |   | 2009                     |   |   | 2008   |   |   | Variance |   |   | PercentageVariance |   |
|                        |   |                     |   |   |   |   |   |     |   |   |   |   |
| Gaming                      |   | $                        | 22,610 |   |   | $      | 25,986 |     |   | $ | (3,376 | ) |   |   | (13.0 | %) |
| Hotel, food and beverage    |   |                     | 3,936  |   |   |   | 4,198  |     |   |   | (262 | ) |   |   | (6.2 | %) |
| Other                       |   |                     | 872    |   |   |   | 958    |     |   |   | (86 | ) |   |   | (9.0 | %) |
| Gross revenue               |   |                     | 27,418 |   |   |   | 31,142 |     |   |   | (3,724 | ) |   |   | (12.0 | %) |
| Less promotional allowances |   |                     | 3,535  |   |   |   | 3,739  |     |   |   | 204 |   |   |   | (5.5 | %) |
| Net operating revenue       |   | $                        | 23,883 |   |   | $      | 27,403 |     |   | $ | (3,520 | ) |   |   | (12.8 | %) |

----

----

|                               |   | Six monthsended June 30, |   |   |   |   |   |     |   |
|------------------------------------|--------|--------------------------|--------|--------|--------|--------|--------|----------|--------|
|                               |   | 2009                     |   |   | 2008   |   |   | Variance |   |   | PercentageVariance |   |
|                               |   |                     |   |   |   |   |   |     |   |   |   |   |
| Gaming                             |   | $                        | 9,058  |   |   | $      | 10,497 |     |   | $ | (1,439 | ) |   |   | (13.7 | %) |
| Hotel, food and beverage           |   |                     | 3,199  |   |   |   | 3,360  |     |   |   | (161 | ) |   |   | (4.8 | %) |
| General and administrative         |   |                     | 8,878  |   |   |   | 10,506 |     |   |   | (1,628 | ) |   |   | (15.5 | %) |
| Depreciation                       |   |                     | 3,122  |   |   |   | 3,365  |     |   |   | (243 | ) |   |   | (7.2 | %) |
| Total operating costs and expenses |   | $                        | 24,257 |   |   | $      | 27,728 |     |   | $ | (3,471 | ) |   |   | (12.5 | %) |

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|                                                     |   | Six monthsended June 30, |   |   |   |   |   |     |   |
|----------------------------------------------------------|--------|--------------------------|--------|--------|--------|--------|--------|----------|--------|
|                                                     |   | 2009                     |   |   | 2008   |   |   | Variance |   |   | PercentageVariance |   |
|                                                     |   |                     |   |   |   |   |   |     |   |   |   |   |
| Interest income                                          |   | $                        | 10     |   |   | $      | 22     |     |   | $ | (12 | ) |   |   | (54.5 | %) |
| Interest expense                                         |   |                     | (1,815 | )      |   |   | (2,208 | )        |   |   | 393 |   |   |   | 17.8 | % |
| (Losses) gains on foreign currency translation and other |   |                     | (249   | )      |   |   | 101    |     |   |   | (350 | ) |   |   | (346.5 | %) |
| Non-operating expense                                    |   | $                        | (2,054 | )      |   | $      | (2,085 | )        |   | $ | (31 | ) |   |   | 1.5 | % |

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| Amounts in thousands |   | For the six monthsended June 30, 2009 |   |   | For the six monthsended June 30, 2008 |   |
|----------------------|--------|---------------------------------------|--------|--------|---------------------------------------|--------|
|                 |   | Pre-tax income                        |   |   | Income tax                            |   |   | Effective tax rate |   |   | Pre-tax income |   |   | Income tax |   |   | Effectivetax rate |   |
| Canada               |   | $                                     | 1,291  |   |                                  | $      | 353 |   |   |   | 27.3 | % |   | $ | 1,784 |   |   | $ | 526 |   |   |   | 29.5 | % |
| United States (1)    |   |                                  | (3,112 | )      |                                  |   | 32 |   |   |   | (1.0 | %) |   |   | (5,305 | ) |   |   | (1,793 | ) |   |   | 33.8 | % |
| Mauritius (2)        |   |                                  | (1,270 | )      |                                  |   | (70 | ) |   |   | 5.5 | % |   |   | 1,129 |   |   |   | 42 |   |   |   | 3.7 | % |
| Austria              |   |                                  | 687    |   |                                  |   | 4 |   |   |   | 0.6 | % |   |   | (67 | ) |   |   | 12 |   |   |   | (17.9 | %) |
| Poland               |   |                                  | 219    |   |                                  |   | - |   |   |   | - | % |   |   | 597 |   |   |   | - |   |   |   | - | % |
| Total                |   | $                                     | (2,185 | )      |                                  | $      | 319 |   |   |   | (14.6 | %) |   | $ | (1,862 | ) |   | $ | (1,213 | ) |   |   | 65.1 | % |

|                                            |   | For the three monthsended June 30, |   |   | For the six monthsended June 30, |   |
|-------------------------------------------------|--------|------------------------------------|--------|--------|----------------------------------|--------|
|                                            |   | 2009                               |   |   | 2008                             |   |   | 2009 |   |   | 2008 |   |
|                                            |   |                               |   |   |                             |   |   |   |   |   |   |   |
| Gaming revenue                                  |   | $                                  | 5,026  |   |                             | $      | 6,521 |   |   | $ | 9,533 |   |   | $ | 12,951 |   |
| Net operating revenue                           |   |                               | 5,873  |   |                             |   | 7,673 |   |   |   | 11,203 |   |   |   | 15,123 |   |
| Total operating costs and expenses              |   |                               | 3,959  |   |                             |   | 6,054 |   |   |   | 7,754 |   |   |   | 11,786 |   |
| Operating earnings from discontinued operations |   |                               | 1,914  |   |                             |   | 1,619 |   |   |   | 3,449 |   |   |   | 3,337 |   |
| Net earnings from discontinued operations       |   |                               | 20,777 |   |                             |   | 1,030 |   |   |   | 22,679 |   |   |   | 2,205 |   |
| Earnings per share from discontinued operations |   |                               |   |   |                             |   |   |   |   |   |   |   |   |   |   |   |
| Basic                                           |   |                               | 0.85   |   |                             |   | 0.04 |   |   |   | 0.92 |   |   |   | 0.09 |   |
| Diluted                                         |   |                               | 0.85   |   |                             |   | 0.04 |   |   |   | 0.92 |   |   |   | 0.09 |   |

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| 2.1  | Sale of Shares Agreement, entered into as of December 19, 2008, by and between Century Resorts Limited, Tsogo Sun Gaming (Pty) Ltd. and Century Casinos Africa (Pty) Ltd., is hereby incorporated by reference to Exhibit 2.1 to the Company’s Current Report on Form 8-K dated December 24, 2008.   |
|------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 2.2  | Amendment to the Sale of Shares Agreement, dated June 15, 2009, by and between Century Resorts Limited, Tsogo Sun Gaming (Pty) Ltd. And Century Casinos Africa (Pty) Ltd., is hereby incorporated by reference to Exhibit 2.2 to the Company’s Current Report on Form 8-K dated June 19, 2009.       |
| 3.1  | Certificate of Incorporation of Century Casinos, Inc. is hereby incorporated by reference to the Company’s Proxy Statement for the 1994 Annual Meeting of Stockholders.                                                                                                                              |
| 3.2  | Amended and Restated Bylaws of Century Casinos, Inc. is hereby incorporated by reference from Exhibit 11.14 to the Company’s Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2002.                                                                                             |
| 4.1  | Rights Agreement, dated as of April 29, 1999, between Century Casinos, Inc. and the American Securities Transfer & Trust, Inc., as Rights Agent, is hereby incorporated by reference from Exhibit 1 to the Company’s Form 8-A dated May 7, 1999.                                                 |
| 4.2  | First Supplement to Rights Agreement dated April 2000, between Century Casinos, Inc. and American Securities Transfer & Trust, Inc., as Rights Agent, is hereby incorporated by reference from Exhibit A to the Company’s Proxy Statement for the 2000 Annual Meeting of Stockholders.           |
| 4.3  | Second Supplement to Rights Agreement dated July 2002, between Century Casinos, Inc. and Computershare Investor Services, Inc., as Rights Agent, is hereby incorporated by reference from Exhibit 11.13 to the Company’s Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2002. |
| 31.1 | Certification pursuant to Section 302 of the Sarbanes-Oxley Act of 2002, Co Chief Executive Officer.                                                                                                                                                                                                       |
| 31.2 | Certification pursuant to Section 302 of the Sarbanes-Oxley Act of 2002, Co Chief Executive Officer and President.                                                                                                                                                                                         |
| 31.3 | Certification pursuant to Section 302 of the Sarbanes-Oxley Act of 2002, Principal Financial Officer.                                                                                                                                                                                                      |
| 31.4 | Certification pursuant to Section 302 of the Sarbanes-Oxley Act of 2002, Chief Accounting Officer.                                                                                                                                                                                                         |
| 32.1 | Certification pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, Co Chief Executive Officer.                                                                                                                                                                                                       |
| 32.2 | Certification pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, Co Chief Executive Officer and President.                                                                                                                                                                                         |
| 32.3 | Certification pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, Principal Financial Officer.                                                                                                                                                                                                      |
| 32.4 | Certification pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, Chief Accounting Officer.                                                                                                                                                                                                         |

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----

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| Exhibit No. | Document                                                                                                                                                                                                                                                                                                   |
|-------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 2.1         | Sale of Shares Agreement, entered into as of December 19, 2008, by and between Century Resorts Limited, Tsogo Sun Gaming (Pty) Ltd. and Century Casinos Africa (Pty) Ltd., is hereby incorporated by reference to Exhibit 2.1 to the Company’s Current Report on Form 8-K dated December 24, 2008.   |
| 2.2         | Amendment to the Sale of Shares Agreement, dated June 15, 2009, by and between Century Resorts Limited, Tsogo Sun Gaming (Pty) Ltd. And Century Casinos Africa (Pty) Ltd., is hereby incorporated by reference to Exhibit 2.2 to the Company’s Current Report on Form 8-K dated June 19, 2009.       |
| 3.1         | Certificate of Incorporation of Century Casinos, Inc. is hereby incorporated by reference to the Company’s Proxy Statement for the 1994 Annual Meeting of Stockholders.                                                                                                                              |
| 3.2         | Amended and Restated Bylaws of Century Casinos, Inc. is hereby incorporated by reference from Exhibit 11.14 to the Company’s Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2002.                                                                                             |
| 4.1         | Rights Agreement, dated as of April 29, 1999, between Century Casinos, Inc. and the American Securities Transfer & Trust, Inc., as Rights Agent, is hereby incorporated by reference from Exhibit 1 to the Company’s Form 8-A dated May 7, 1999.                                                 |
| 4.2         | First Supplement to Rights Agreement dated April 2000, between Century Casinos, Inc. and American Securities Transfer & Trust, Inc., as Rights Agent, is hereby incorporated by reference from Exhibit A to the Company’s Proxy Statement for the 2000 Annual Meeting of Stockholders.           |
| 4.3         | Second Supplement to Rights Agreement dated July 2002, between Century Casinos, Inc. and Computershare Investor Services, Inc., as Rights Agent, is hereby incorporated by reference from Exhibit 11.13 to the Company’s Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2002. |
| 31.1        | Certification pursuant to Section 302 of the Sarbanes-Oxley Act of 2002, Co Chief Executive Officer.                                                                                                                                                                                                       |
| 31.2        | Certification pursuant to Section 302 of the Sarbanes-Oxley Act of 2002, Co Chief Executive Officer and President.                                                                                                                                                                                         |
| 31.3        | Certification pursuant to Section 302 of the Sarbanes-Oxley Act of 2002, Principal Financial Officer.                                                                                                                                                                                                      |
| 31.4        | Certification pursuant to Section 302 of the Sarbanes-Oxley Act of 2002, Chief Accounting Officer.                                                                                                                                                                                                         |
| 32.1        | Certification pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, Co Chief Executive Officer.                                                                                                                                                                                                       |
| 32.2        | Certification pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, Co Chief Executive Officer and President.                                                                                                                                                                                         |
| 32.3        | Certification pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, Principal Financial Officer.                                                                                                                                                                                                      |
| 32.4        | Certification pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, Chief Accounting Officer.                                                                                                                                                                                                         |