FIRST AMENDMENT TO
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                      AMENDED AND RESTATED CREDIT AGREEMENT
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     THIS  FIRST  AMENDMENT  TO  AMENDED  AND  RESTATED CREDIT AGREEMENT ("First
Amendment")  is  made and entered into as of the 22nd day of August, 2001,
by and among WMCK VENTURE CORP., a Delaware corporation, CENTURY CASINOS CRIPPLE
CREEK,  INC.,  a  Colorado  corporation  and  WMCK ACQUISITION CORP., a Delaware
corporation  (collectively  the  "Borrowers"), CENTURY CASINOS, INC., a Delaware
corporation  (the  "Guarantor")  and  WELLS FARGO BANK, National Association, as
Lender  and  L/C  Issuer  and as the administrative and collateral agent for the
Lenders  and  L/C  Issuer  (herein in such capacity called the "Agent Bank" and,
together  with  the  Lenders  and  L/C  Issuer,  collectively referred to as the
"Banks").

                                R_E_C_I_T_A_L_S:

               WHEREAS:
               A. Borrowers, Guarantor, Agent Bank and Lender entered into an
          Amended and Restated Credit Agreement dated as of April 21, 2000 (the
          "Existing Credit Agreement") for the purpose of establishing a
          reducing revolving line of credit in favor of Borrowers, up to the
          maximum principal amount of Twenty-Six Million Dollars
          ($26,000,000.00).

               B. For the purpose of this First Amendment, all capitalized words
          and terms not otherwise defined herein shall have the respective
          meanings and be construed herein as provided in Section 1.01 of the
          Existing Credit Agreement and any reference to a provision of the
          Existing Credit Agreement shall be deemed to incorporate that
          provision as a part hereof, in the same manner and with the same
          effect as if the same were fully set forth herein.

               C. Borrowers and Guarantor desire to further amend the Existing
          Credit Agreement for the following purposes:

               (i) removing the definition of Permitted Distribution Carve-Outs;
          and

               (ii) reducing the maximum Leverage Ratio from 3.10 to 1.00 to
          2.50 to 1.00.

               D. Banks have agreed to make the amendments set forth in the
          preceding Recital paragraph subject to the terms, conditions and
          provisions set forth in this First Amendment.

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     NOW,  THEREFORE,  in  consideration  of  the  foregoing  and other good and
valuable  considerations,  the  receipt  and  sufficiency  of  which  are hereby
acknowledged, the parties hereto do agree to the amendments and modifications to
the  Existing  Credit  Agreement  in  each  instance  effective  as of the First
Amendment  Effective  Date,  as  specifically  hereinafter  provided as follows:

               1. Definitions. Section 1.01 of the Existing Credit Agreement
          entitled "Definitions" shall be and is hereby amended to include the
          following definitions. Those terms which are currently defined by
          Section 1.01 of the Existing Credit Agreement and which are also
          defined below shall be superseded and restated by the applicable
          definition set forth below:

               "Credit Agreement" shall mean the Existing Credit Agreement as
          amended by the First Amendment, together with all Schedules, Exhibits
          and other attachments thereto, as it may be further amended, modified,
          extended, renewed or restated from time to time.

               "Existing Credit Agreement" shall have the meaning set forth in
          Recital Paragraph A of the First Amendment.

     "First  Amendment"  shall  mean the First Amendment to Amended and Restated
Credit  Agreement.

     "First  Amendment  Effective  Date" shall mean August 24, 2001, subject to
full  satisfaction  of  each Condition Precedent set forth in Paragraph 4 of the
First  Amendment.

     "First Amendment Fee" shall have the meaning set forth in Paragraph 4(c) of
the First Amendment.

     "Interest  Expense  Coverage  Ratio"  shall  be  defined  as  follows:

     EBITDA,  minus  Distributions,  minus  Non-Finance  Capital  Expenditures
     incurred  during  the  period  under  review

     Divided  by

     Interest  Expense  paid with respect to the Fiscal Quarter under review and
     the  most  recently  ended three immediately preceding Fiscal Quarters
     on a four fiscal  quarter  basins  on  all  Indebtedness
     (accrued  and  capitalized).

     "Permitted  Distribution  Carve-Outs"  -  Intentionally  deleted.
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     "TFCC  Permitted  Distribution  Carve-Outs"  -  Intentionally  deleted.

     "TFCC  Ratio"  shall  be  defined  as  follows:

     EBITDA,  minus  Distributions,  minus Non-Financed Capital
     Expenditures incurred during  the  period  under  review

     Divided  by

     Interest Expense actually paid (excluding Subordinated Debt),
     plus current portion of Scheduled Reductions actually paid where
     required during the preceding four quarters to bring the Aggregate
     Outstandings down to the required Maximum Scheduled Balance and
     Capitalized Lease Liabilities required during the preceding four
     quarters, plus actual Interest Expense and principal paid (without
     duplication) on Subordinated Debt.

               2. Restatement of Leverage Ratio Covenant. As of the First
          Amendment Effective Date, Section 6.01 entitled "Leverage Ratio" shall
          be and is hereby fully amended and restated in its entirety as
          follows:

               "Section 6.01. Leverage Ratio. Commencing on the First Amendment
          Effective Date and continuing as of each Fiscal Quarter end until the
          Maturity Date, the Borrower Consolidation shall maintain a maximum
          Leverage Ratio no greater than 2.50 to 1.00."

               3. Restatement of Guarantor Funded Debt to Borrower Consolidation
          EBITDA Ratio Covenant. As of the First Amendment Effective Date,
          Section 6.10 entitled "Ratio of Guarantor Funded Debt to Borrower
          Consolidation EBITDA" shall be and is hereby fully amended and
          restated in its entirety as follows:

               "Section 6.10. Ratio of Guarantor Funded Debt to Borrower
          Consolidation EBITDA. The ratio of Guarantor's consolidated Funded
          Debt (excluding all debt of Century Casinos Africa, or any of its
          Subsidiaries which is nonrecourse as to Guarantor) to the Borrower
          Consolidation's EBITDA as of the end of each Fiscal Quarter shall be
          less than or equal to 4.00 to 1.00."

               4. Conditions Precedent to First Amendment Effective Date. The
          occurrence of the - First Amendment Effective Date is subject to Agent
          Bank having received the following documents and payments, in each
          case in a form and substance reasonably satisfactory to Agent Bank,
          and the occurrence of each other condition  precedent  set
          forth  below  on  or  before  August  24,  2001:
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               a. Due execution by Borrowers, Guarantor and Banks of four (4)
          duplicate originals of this First Amendment;

               b. Corporate resolutions or other evidence of requisite authority
          of Borrowers and Guarantor, as applicable, to execute the First
          Amendment;

               c. Payment of a fee in the amount of One Thousand Five Hundred
          Dollars ($1,500.00) (the "First Amendment Fee") to Agent Bank to be
          disbursed by Agent Bank to Lenders in proportion to their respective
          Syndication Interests in the Credit Facility;

               d. Reimbursement to Agent Bank by Borrowers for all reasonable
          fees and out-of-pocket expenses incurred by Agent Bank in connection
          with the First Amendment, including, but not limited to, reasonable
          attorneys' fees of Henderson & Morgan, LLC and all other like expenses
          remaining unpaid as of the First Amendment Effective Date; and

               e. Such other documents, instruments or conditions as may be
          reasonably required by Lenders.

               5. Representations of Borrowers. Borrowers hereby represent to
          the Banks that:

               a. The representations and warranties contained in Article IV of
          the Existing Credit Agreement and contained in each of the other Loan
          Documents (other than representations and warranties which expressly
          speak only as of a different date, which shall be true and correct in
          all material respects as of such date) are true and correct on and as
          of the First Amendment Effective Date in all material respects as
          though such representations and warranties had been made on and as of
          the First Amendment Effective Date, except to the extent that such
          representations and warranties are not true and correct as a result of
          a change which is permitted by the Credit Agreement or by any other
          Loan Document or which has been otherwise consented to by Agent Bank;

               b. Since the date of the most recent financial statements
          referred to in Section 5.08 of the Existing Credit Agreement, no
          Material Adverse Change has occurred and no event or circumstance
          which could reasonably be expected to result in a Material Adverse
          Change or Material Adverse Effect has occurred;

               c. No event has occurred and is continuing which constitutes a
          Default or Event of Default under the terms of the Credit Agreement;
          and
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               d. The execution, delivery and performance of this First
          Amendment has been duly authorized by all necessary action of
          Borrowers and Guarantor and this First Amendment constitutes a valid,
          binding and enforceable obligation of Borrowers and Guarantor.

               6. Affirmation and Ratification of Continuing Guaranty. Guarantor
          joins in the execution of this First Amendment for the purpose of
          ratifying and affirming its obligations under the Continuing Guaranty
          for the guaranty of the full and prompt payment and performance of all
          of Borrowers' Indebtedness and Obligations under the Credit Facility
          and each of the Loan Documents as modified under this First Amendment.

               7. Incorporation by Reference. This First Amendment shall be and
          is hereby incorporated in and forms a part of the Existing Credit
          Agreement.

               8. Governing Law. This First Amendment to Credit Agreement shall
          be governed by the internal laws of the State of Nevada without
          reference to conflicts of laws principles.

               9. Counterparts. This First Amendment may be executed in any
          number of separate counterparts with the same effect as if the
          signatures hereto and hereby were upon the same instrument. All such
          counterparts shall together constitute one and the same document.

               10. Continuance of Terms and Provisions. All of the terms and
          provisions of the First Credit Agreement shall remain unchanged except
          as specifically modified herein.
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IN  WITNESS WHEREOF, the parties hereto have executed this First Amendment as of
the  day  and  year  first  above  written.

     BORROWERS:

     WMCK  VENTURE  CORP.,
     a  Delaware  corporation


     By /s/ Larry Hannappel

     Name Larry Hannappel

     Title President


     CENTURY  CASINOS  CRIPPLE
     CREEK,  INC.,
     a  Colorado  corporation


     By /s/ Larry Hannappel

     Name Larry Hannappel

     Title President


     WMCK  ACQUISITION
     CORP.,  a  Delaware
     corporation


     By /s/ Larry Hannappel

     Name Larry Hannappel

     Title President

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     GUARANTOR:

     CENTURY  CASINOS,  INC.,
     a  Delaware  corporation


     By /s/ Larry Hannappel

     Name Larry Hannappel

     Title Secretary



     BANKS:

     WELLS  FARGO  BANK,
     National  Association,
     Agent  Bank,  Lender  and
     L/C  Issuer


     By /s/ Rick Bokum

     Name Rick Bokum

     Title Vice President

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