| 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 March 31, 2010 and December 31, 2009                                      | 3      |
|    |   | Condensed Consolidated Statements of Earnings for the Three Months ended March 31, 2010 and 2009                      | 4      |
|    |   | Condensed Consolidated Statements of Comprehensive Earnings (Loss) for the Three Months ended March 31, 2010 and 2009 | 6      |
|    |   | Condensed Consolidated Statements of Cash Flows for the Three Months ended March 31, 2010 and 2009                    | 7      |
|    |   | Notes to Condensed Consolidated Financial Statements                                                                  | 9      |
| Item 2. |   | Management’s Discussion and Analysis of Financial Condition and Results of Operations                           | 16     |
| Item 3. |   | Quantitative and Qualitative Disclosures About Market Risk                                                            | 28     |
| Item 4. |   | Controls and Procedures                                                                                               | 28     |
|    |   |                                                                                                                  |   |
| PART II |   | OTHER INFORMATION                                                                                                     |   |
|    |   |                                                                                                                  |   |
| Item 2. |   | Unregistered Sales of Equity Securities and Use of Proceeds                                                           | 29     |
| Item 5. |   | Other Information                                                                                                     | 29     |
| Item 6. |   | Exhibits                                                                                                              | 30     |
|    |   | SIGNATURES                                                                                                            | 30     |

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CENTURY

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| Amounts in thousands, except for share information |   | March 31, 2010 |    |   | December 31, 2009 |   |
|----------------------------------------------------|--------|----------------|---------|--------|-------------------|--------|
| ASSETS                                             |   |           |    |   |              |   |
| Current Assets:                                    |   |           |    |   |              |   |
| Cash and cash equivalents                          |   | $              | 27,803  |   |              | $      | 36,992 |   |
| Receivables, net                                   |   |           | 423     |   |              |   | 752 |   |
| Prepaid expenses                                   |   |           | 711     |   |              |   | 356 |   |
| Inventories                                        |   |           | 277     |   |              |   | 235 |   |
| Other current assets                               |   |           | 33      |   |              |   | 1,031 |   |
| Deferred income taxes – foreign              |   |           | 198     |   |              |   | 261 |   |
| Total Current Assets                               |   |           | 29,445  |   |              |   | 39,627 |   |
|                                               |   |           |    |   |              |   |   |   |
| Property and equipment, net                        |   |           | 99,490  |   |              |   | 88,241 |   |
| Goodwill                                           |   |           | 5,968   |   |              |   | 4,697 |   |
| Equity investment                                  |   |           | 2,537   |   |              |   | 2,372 |   |
| Other assets                                       |   |           | 398     |   |              |   | 373 |   |
| Total Assets                                       |   | $              | 137,838 |   |              | $      | 135,310 |   |

| LIABILITIES AND SHAREHOLDERS’ EQUITY                                                                             |   |   |    |   |   |   |
|------------------------------------------------------------------------------------------------------------------------|--------|--------|---------|--------|--------|--------|
| Current Liabilities:                                                                                                   |   |   |    |   |   |   |
| Current portion of long-term debt                                                                                      |   | $      | 1,822   |   |   | $      | 1,738 |   |
| Accounts payable and accrued liabilities                                                                               |   |   | 4,895   |   |   |   | 4,920 |   |
| Accrued payroll                                                                                                        |   |   | 2,209   |   |   |   | 1,675 |   |
| Taxes payable                                                                                                          |   |   | 2,270   |   |   |   | 2,651 |   |
| Total Current Liabilities                                                                                              |   |   | 11,196  |   |   |   | 10,984 |   |
|                                                                                                                   |   |   |    |   |   |   |   |   |
| Long-term debt, less current portion                                                                                   |   |   | 14,718  |   |   |   | 14,739 |   |
| Deferred income taxes – foreign                                                                                  |   |   | 2,873   |   |   |   | 1,298 |   |
| Total Liabilities                                                                                                      |   |   | 28,787  |   |   |   | 27,021 |   |
|                                                                                                                   |   |   |    |   |   |   |   |   |
| Commitments and Contingencies                                                                                          |   |   |    |   |   |   |   |   |
|                                                                                                                   |   |   |    |   |   |   |   |   |
| Shareholders’ Equity:                                                                                            |   |   |    |   |   |   |   |   |
|                                                                                                    |   |   |    |   |   |   |   |   |
|     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; 23,925,180 shares issued;                                  |   |   |    |   |   |   |   |   |
| 23,809,368 and 23,866,698 shares outstanding, respectively                                                             |   |   | 239     |   |   |   | 239 |   |
| Additional paid-in capital                                                                                             |   |   | 74,534  |   |   |   | 74,391 |   |
| Accumulated other comprehensive earnings                                                                               |   |   | 4,200   |   |   |   | 3,570 |   |
| Retained earnings                                                                                                      |   |   | 30,360  |   |   |   | 30,230 |   |
|                                                                                                                   |   |   | 109,333 |   |   |   | 108,430 |   |
| Treasury stock – 115,812 and 58,482 shares at cost, respectively                                                 |   |   | (282    | )      |   |   | (141 | ) |
| Total shareholders’ equity                                                                                       |   |   | 109,051 |   |   |   | 108,289 |   |
| Total Liabilities and Shareholders’ Equity                                                                       |   | $      | 137,838 |   |   | $      | 135,310 |   |

----

CONDENSED 

----

|                                                                                                 |   | For the three monthsended March 31, |   |
|------------------------------------------------------------------------------------------------------|--------|-------------------------------------|--------|
| Amounts in thousands, except for share information                                                   |   | 2010                                |   |   | 2009 |   |
| Operating revenue:                                                                                   |   |                                |   |   |   |   |
| Gaming                                                                                               |   | $                                   | 12,582 |   |   | $ | 11,472 |   |
| Hotel, food and beverage                                                                             |   |                                | 2,765  |   |   |   | 1,899 |   |
| Other                                                                                                |   |                                | 579    |   |   |   | 409 |   |
|            Gross revenue                      |   |                                | 15,926 |   |   |   | 13,780 |   |
| Less promotional allowances                                                                          |   |                                | 1,789  |   |   |   | 1,781 |   |
| Net operating revenue                                                                                |   |                                | 14,137 |   |   |   | 11,999 |   |
|                                                                                                 |   |                                |   |   |   |   |   |   |
| Operating costs and expenses:                                                                        |   |                                |   |   |   |   |   |   |
| Gaming                                                                                               |   |                                | 5,433  |   |   |   | 4,469 |   |
| Hotel, food and beverage                                                                             |   |                                | 2,110  |   |   |   | 1,540 |   |
| General and administrative                                                                           |   |                                | 4,943  |   |   |   | 4,331 |   |
| Depreciation                                                                                         |   |                                | 1,489  |   |   |   | 1,572 |   |
|                                                                                                 |   |                                |   |   |   |   |   |   |
| Total operating costs and expenses                                                                   |   |                                | 13,975 |   |   |   | 11,912 |   |
|                                                                                                 |   |                                |   |   |   |   |   |   |
| Earnings from equity investment                                                                      |   |                                | 188    |   |   |   | 89 |   |
| Operating earnings from continuing operations                                                        |   |                                | 350    |   |   |   | 176 |   |
| Non-operating income (expense):                                                                      |   |                                |   |   |   |   |   |   |
| Interest income                                                                                      |   |                                | 8      |   |   |   | 9 |   |
| Interest expense                                                                                     |   |                                | (291   | ) |   |   | (900 | ) |
| Gains (losses) on foreign currency transactions and other                                       |   |                                | 243    |   |   |   | (525 | ) |
| Non-operating (expense), net                                                                         |   |                                | (40    | ) |   |   | (1,416 | ) |
| Earnings (loss) from continuing operations before income taxes                                       |   |                                | 310    |   |   |   | (1,240 | ) |
| Income tax provision                                                                                 |   |                                | 180    |   |   |   | 219 |   |
| Earnings (loss) from continuing operations                                                           |   |                                | 130    |   |   |   | (1,459 | ) |
|                                                                                                 |   |                                |   |   |   |   |   |   |
| Discontinued operations:                                                                             |   |                                |   |   |   |   |   |   |
| Earnings from discontinued operations                                                                |   |                                | -      |   |   |   | 1,288 |   |
| Gain on disposition of Century Casino Millennium                                                     |   |                                | -      |   |   |   | 877 |   |
| Income tax provision                                                                                 |   |                                | -      |   |   |   | 263 |   |
| Earnings from discontinued operations                                                                |   |                                | -      |   |   |   | 1,902 |   |
| Net  earnings                                                                              |   |                                | 130    |   |   |   | 443 |   |
| Less:   Net loss attributable to the noncontrolling interests (continuing operations) |   |                                | -      |   |   |   | (18 | ) |
| Net earnings attributable to the noncontrolling interests (discontinued operations)                  |   |                                | -      |   |   |   | 116 |   |
| Net earnings attributable to Century Casinos, Inc. and subsidiaries                                  |   | $                                   | 130    |   |   | $ | 345 |   |

----

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|                                                                               |   | For the three monthsended March 31, |   |
|------------------------------------------------------------------------------------|--------|-------------------------------------|--------|
|                                                                               |   | 2010                                |   |   | 2009 |   |
| Basic earnings per share:                                                          |   |                                |   |   |   |   |
| Earnings (loss) from continuing operations                                         |   | $                                   | 0.01   |   |   | $ | (0.07 | ) |
| Earnings from discontinued operations                                              |   |                                | -      |   |   |   | 0.08 |   |
| Net earnings                                                                       |   | $                                   | 0.01   |   |   | $ | 0.01 |   |
|                                                                               |   |                                |   |   |   |   |   |   |
| Diluted earnings per share:                                                        |   |                                |   |   |   |   |   |   |
| Earnings (loss) from continuing operations                                         |   | $                                   | 0.01   |   |   | $ | (0.07 | ) |
| Earnings from discontinued operations                                              |   |                                | -      |   |   |   | 0.08 |   |
| Net earnings                                                                       |   | $                                   | 0.01   |   |   | $ | 0.01 |   |
|                                                                               |   |                                |   |   |   |   |   |   |
| Amounts attributable to Century Casinos, Inc. andsubsidiaries common shareholders: |   |                                |   |   |   |   |   |   |
| Earnings (loss) from continuing operations                                         |   | $                                   | 130    |   |   | $ | (1,441 | ) |
| Earnings from discontinued operations                                              |   |                                | -      |   |   |   | 1,786 |   |
| Net earnings                                                                       |   | $                                   | 130    |   |   | $ | 345 |   |

----

CONDENSED

----

|                                                                                 |   | For the three monthsended March 31, |   |
|--------------------------------------------------------------------------------------|--------|-------------------------------------|--------|
| Amounts in thousands                                                                 |   | 2010                                |   |   | 2009 |   |
|                                                                                 |   |                                |   |   |   |   |
| Net earnings                                                                         |   | $                                   | 130    |   |   | $ | 443 |   |
| Foreign currency translation adjustments                                             |   |                                | 630    |   |   |   | (2,270 | ) |
| Comprehensive earnings (loss)                                                        |   |                                | 760    |   |   |   | (1,827 | ) |
| Less: Comprehensive loss attributable to noncontrolling interest                     |   |                                | -      |   |   |   | (29 | ) |
| Comprehensive earnings (loss) attributable to Century Casinos, Inc. and subsidiaries |   | $                                   | 760    |   |   | $ | (1,856 | ) |

----

CONDENSED 

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|                                                                                                                        |   | For the three monthsended March 31, |   |
|-----------------------------------------------------------------------------------------------------------------------------|--------|-------------------------------------|--------|
| Amounts in thousands                                                                                                        |   | 2010                                |   |   | 2009 |   |
|                                                                                                                        |   |                                |   |   |   |   |
| Cash Flows from Operating Activities:                                                                                       |   |                                |   |   |   |   |
| Net earnings                                                                                                                |   | $                                   | 130    |   |   | $ | 443 |   |
|                                                                                                                        |   |                                |   |   |   |   |   |   |
| A­djustments to reconcile net earnings to net cash provided by operating activities:                                   |   |                                |   |   |   |   |   |   |
|                                                                                                                        |   |                                |   |   |   |   |   |   |
| Depreciation                                                                                                                |   |                                | 1,489  |   |   |   | 1,572 |   |
| Gain on disposition of Century Casino Millennium                                                                            |   |                                | -      |   |   |   | (877 | ) |
| Loss (gain) on disposition of fixed assets                                                                                  |   |                                | 2      |   |   |   | (25 | ) |
| Amortization of share-based compensation                                                                                    |   |                                | 143    |   |   |   | 349 |   |
| Amortization of deferred financing costs                                                                                    |   |                                | 8      |   |   |   | 147 |   |
| Deferred tax expense                                                                                                        |   |                                | 141    |   |   |   | 268 |   |
| Earnings from unconsolidated subsidiary                                                                                     |   |                                | (188   | ) |   |   | (89 | ) |
| Changes in operating assets and liabilities, net of acquisition:                                                            |   |                                |   |   |   |   |   |   |
| Receivables                                                                                                                 |   |                                | 301    |   |   |   | 7 |   |
| Prepaid expenses and other assets                                                                                           |   |                                | (109   | ) |   |   | (170 | ) |
| Accounts payable and accrued liabilities                                                                                    |   |                                | (490   | ) |   |   | 529 |   |
| Accrued payroll                                                                                                             |   |                                | 306    |   |   |   | (3 | ) |
| Taxes payable                                                                                                               |   |                                | (477   | ) |   |   | (519 | ) |
|                                                                                                                        |   |                                |   |   |   |   |   |   |
| Net cash provided by operating activities                                                                                   |   |                                | 1,256  |   |   |   | 1,632 |   |
|                                                                                                                        |   |                                |   |   |   |   |   |   |
|                                                                                                                        |   |                                |   |   |   |   |   |   |
| Cash Flows from Investing Activities:                                                                                       |   |                                |   |   |   |   |   |   |
| Purchases of property and equipment                                                                                         |   |                                | (753   | ) |   |   | (237 | ) |
| Proceeds from disposition of Century Casino Millennium  (net of cash balance of $0.5 million assumed by buyer in 2009) |   |                                | 200    |   |   |   | 1,391 |   |
| Acquisition of Silver Dollar Casino (less cash acquired of $1.2 million)                                               |   |                                | (9,301 | ) |   |   | - |   |
| Proceeds from disposition of assets                                                                                         |   |                                | -      |   |   |   | 176 |   |
| Other                                                                                                                       |   |                                | -      |   |   |   | (12 | ) |
|                                                                                                                        |   |                                |   |   |   |   |   |   |
| Net cash (used in) provided by investing activities                                                                         |   |                                | (9,854 | ) |   |   | 1,318 |   |

----

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|                                                                     |   | For the three monthsended March 31, |   |
|--------------------------------------------------------------------------|--------|-------------------------------------|--------|
| Amounts in thousands                                                     |   | 2010                                |   |   | 2009 |   |
| Cash Flows from Financing Activities:                                    |   |                                |   |   |   |   |
| Proceeds from borrowings                                                 |   | $                                   | -      |   |   | $ | 72 |   |
| Principal repayments                                                     |   |                                | (423   | ) |   |   | (3,718 | ) |
| Deferred financing charges                                               |   |                                | -      |   |   |   | (2 | ) |
| Repurchases of common stock                                              |   |                                | (141   | ) |   |   | - |   |
|                                                                     |   |                                |   |   |   |   |   |   |
| Net cash used in financing activities                                    |   |                                | (564   | ) |   |   | (3,648 | ) |
|                                                                     |   |                                |   |   |   |   |   |   |
| Effect of Exchange Rate Changes on Cash                                  |   |                                | (27    | ) |   |   | (123 | ) |
|                                                                     |   |                                |   |   |   |   |   |   |
| Decrease in Cash and Cash Equivalents                                    |   |                                | (9,189 | ) |   |   | (821 | ) |
|                                                                     |   |                                |   |   |   |   |   |   |
| Decrease in Cash and Cash Equivalents related to Discontinued Operations |   |                                | -      |   |   |   | 403 |   |
|                                                                     |   |                                |   |   |   |   |   |   |
| Cash and Cash Equivalents at Beginning of Period                         |   |                                | 36,992 |   |   |   | 7,835 |   |
|                                                                     |   |                                |   |   |   |   |   |   |
| Cash and Cash Equivalents at End of Period                               |   | $                                   | 27,803 |   |   | $ | 7,417 |   |

| Amounts in Thousands |   | For the three monthsended March 31, |   |
|----------------------|--------|-------------------------------------|--------|
|                 |   | 2010                                |   |   | 2009 |   |
| Interest paid        |   | $                                   | 283    |   |   | $ | 965 |   |
| Income taxes paid    |   | $                                   | -      |   |   | $ | 5 |   |

----

NOTES 

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|                     |   | March 31, 2010 |   |   | December 31, 2009 |   |   | March 31, 2009 |   |
|--------------------------|--------|----------------|--------|--------|-------------------|--------|--------|----------------|--------|
| Canadian dollar (CAD)    |   |           | 1.0156 |   |              |   | 1.0466 |           |   |   | 1.2602 |   |
| Euros (€)          |   |           | 0.7393 |   |              |   | 0.6977 |           |   |   | 0.7542 |   |
| Polish zloty (PLN)       |   |           | 2.8544 |   |              |   | 2.8603 |           |   |   | 3.4957 |   |
| Czech koruna (CZK)       |   |           | N/A    |   |              |   | N/A    |           |   |   | 20.6350 |   |
| South African rand (ZAR) |   |           | N/A    |   |              |   | N/A    |           |   |   | 9.5325 |   |

----

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| Amounts in thousands                     |   |   |   |
|------------------------------------------|--------|--------|--------|
| Cash                                     |   | $      | 1,187  |   |
| Accounts receivable                      |   |   | 172    |   |
| Prepaid expenses                         |   |   | 206    |   |
| Inventory                                |   |   | 56     |   |
| Property and equipment                   |   |   | 10,977 |   |
| Goodwill                                 |   |   | 1,111  |   |
| Accounts payable and accrued liabilities |   |   | (463   | ) |
| Accrued payroll                          |   |   | (220   | ) |
| Deferred income taxes – foreign    |   |   | (1,439 | ) |
| Taxes payable                            |   |   | (99    | ) |
| Cash paid                                |   | $      | 11,488 |   |
| Less: cash acquired                      |   |   | (1,187 | ) |
| Less: cash deposit made in 2009          |   |   | (1,000 | ) |
| Net cash paid in 2010                    |   | $      | 9,301  |   |

----

| Amounts in thousands (in USD):                 |   | March 31, 2010 |   |   | December 31, 2009 |   |
|------------------------------------------------|--------|----------------|--------|--------|-------------------|--------|
|                                           |   |           |   |   |              |   |
| Balance Sheet:                                 |   |           |   |   |              |   |
|     Current assets         |   | $              | 4,146  |   |              | $      | 3,180 |   |
|     Noncurrent assets      |   | $              | 12,122 |   |              | $      | 12,540 |   |
|     Current liabilities    |   | $              | 9,249  |   |              | $      | 9,223 |   |
|     Noncurrent liabilities |   | $              | 2,074  |   |              | $      | 2,071 |   |

| Amounts in thousands (in PLN):                 | March 31, 2010 |   | December 31, 2009 |   |
|------------------------------------------------|----------------|--------|-------------------|--------|
|                                           |           |   |              |   |   |   |   |   |
| Balance Sheet:                                 |           |   |              |   |   |   |   |   |
|     Current assets         | PLN            |   |              | 11,835 |   | PLN |   |   | 9,095 |   |
|     Noncurrent assets      | PLN            |   |              | 34,600 |   | PLN |   |   | 35,867 |   |
|     Current liabilities    | PLN            |   |              | 26,400 |   | PLN |   |   | 26,380 |   |
|     Noncurrent liabilities | PLN            |   |              | 5,920  |   | PLN |   |   | 5,924 |   |

| Amounts in thousands        | For the three monthsended March 31, |      |
|-----------------------------|-------------------------------------|-----------|
|                        | 2010                                |      | 2009 |   |
| Operating Results (in USD): |                                |      |   |   |   |   |
| Net operating revenue       |                                | $         | 12,902 |   |   | $ | 9,914 |   |
| Net earnings                |                                | $         | 564 |   |   | $ | 267 |   |
|                        |                                |      |   |   |   |   |   |   |
| Operating Results (in PLN): |                                |      |   |   |   |   |   |   |
| Net operating revenue       |                                | PLN       | 37,150 |   |   |  PLN | 34,066 |   |
| Net earnings                |                                |  PLN | 1,513 |   |   |  PLN | 1,075 |   |

----

|                         |   | For the three monthsended March 31, |   |
|------------------------------|--------|-------------------------------------|--------|
| Amounts in thousands         |   | 2010                                |   |   | 2009 |   |
| Hotel, Food & Beverage   |   | $                                   | 731    |   |   | $ | 727 |   |
| Coupons                      |   |                                | 569    |   |   |   | 609 |   |
| Player Points                |   |                                | 489    |   |   |   | 445 |   |
| Total Promotional Allowances |   | $                                   | 1,789  |   |   | $ | 1,781 |   |

| ·   | The level of historical taxable income and projections for future taxable income, based on our operating results and tax planning strategies, 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 March 31, |   |
|-----------------------------------------|--------|-------------------------------------|--------|
| Amounts in thousands                    |   | 2010                                |   |   | 2009 |   |
| Provision for U.S. federal income taxes |   | $                                   | 15     |   |   | $ | 14 |   |
| Provision for foreign income taxes      |   |                                | 165    |   |   |   | 205 |   |
| Total provision for income taxes        |   | $                                   | 180    |   |   | $ | 219 |   |

| Amounts in thousands |   | For the three monthsended March 31, 2010 |   |   | For the three monthsended March 31, 2009 |   |
|----------------------|--------|------------------------------------------|--------|--------|------------------------------------------|--------|
|                 |   | Pre-tax income                           |   |   | Income tax                               |   |   | Effectivetax rate |   |   | Pre-tax income |   |   | Income tax |   |   | Effectivetax rate |   |
| Canada               |   | $                                        | 546    |   |                                     | $      | 156 |   |   |   | 28.6 | % |   | $ | 796 |   |   | $ | 221 |   |   |   | 27.8 | % |
| United States (1)    |   |                                     | (553   | )      |                                     |   | 15 |   |   |   | (2.7 | %) |   |   | (1,460 | ) |   |   | 14 |   |   |   | (1.0 | %) |
| Mauritius (2)        |   |                                     | 279    |   |                                     |   | 9 |   |   |   | 3.2 | % |   |   | (769 | ) |   |   | (23 | ) |   |   | 3.0 | % |
| Austria              |   |                                     | (107   | )      |                                     |   | - |   |   |   | - | % |   |   | 84 |   |   |   | 7 |   |   |   | 8.3 | % |
| Poland               |   |                                     | 145    |   |                                     |   | - |   |   |   | - | % |   |   | 109 |   |   |   | - |   |   |   | - | % |
| Total                |   | $                                        | 310    |   |                                     | $      | 180 |   |   |   | 58.1 | % |   | $ | (1,240 | ) |   | $ | 219 |   |   |   | (17.7 | %) |

|                                         |   | For the three monthsended M­arch 31, |       |
|----------------------------------------------|--------|-------------------------------------------|------------|
|                                         |   | 2010                                      |       |   | 2009 |   |
| Weighted average common shares               |   |                                      | 23,542,576 |   |   |   | 23,524,067 |   |
| Dilutive effect of outstanding equity awards |   |                                      | 217,423    |   |   |   | - |   |
| Dilutive potential common shares             |   |                                      | 23,759,999 |   |   |   | 23,524,067 |   |

|                       |   | For the three monthsended March 31, |
|----------------------------|--------|-------------------------------------|
|                       |   |                                | 2010 | 2009 |
| Unvested restricted stock  |   |                                | - | 360,000 |
| Stock options and warrants |   |                                | 916,710 | 1,304,782 |

----

|                                   |   | Long-Lived Assets* |    |
|----------------------------------------|--------|--------------------|---------|
| Amounts in thousands                   |   | March 31, 2010     |    |   | December 31, 2009 |   |
|                                   |   |               |    |   |   |   |
| United States                          |   | $                  | 58,284  |   |   | $ | 58,834 |   |
|                                   |   |               |    |   |   |   |   |   |
| International:                         |   |               |    |   |   |   |   |   |
|    Canada               |   | $                  | 46,205  |   |   | $ | 33,034 |   |
|    Europe               |   |               | 2,726   |   |   |   | 2,574 |   |
|    International waters |   |               | 780     |   |   |   | 868 |   |
| Total international                    |   |               | 49,711  |   |   |   | 36,476 |   |
| Total                                  |   | $                  | 107,995 |   |   | $ | 95,310 |   |

|                                   |   | Net Operating RevenueFor the three monthsended March 31, |   |
|----------------------------------------|--------|----------------------------------------------------------|--------|
| Amounts in thousands                   |   | 2010                                                     |   |   | 2009 |   |
| United States                          |   | $                                                        | 6,437  |   |   | $ | 6,735 |   |
|                                   |   |                                                     |   |   |   |   |   |   |
| International:                         |   |                                                     |   |   |   |   |   |   |
|    Canada               |   | $                                                        | 7,102  |   |   | $ | 4,796 |   |
|    International waters |   |                                                     | 598    |   |   |   | 468 |   |
| Total international                    |   |                                                     | 7,700  |   |   |   | 5,264 |   |
| Total                                  |   | $                                                        | 14,137 |   |   | $ | 11,999 |   |

| 8. | SUBSEQUENT EVENT |
|----|------------------|

----

Item 2.

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

| -   | The Silver Dollar Casino in Calgary, Alberta, Canada; |
|---------------|-------------------------------------------------------|

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

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

----

----

|                     |   | For the three monthsended March 31, |   |
|--------------------------|--------|-------------------------------------|--------|
|                     |   | 2010                                |   |   | 2009 |   |
| Canadian dollar (CAD)    |   |                                | 1.0411 |   |   |   | 1.2453 |   |
| Euros (€)          |   |                                | 0.7236 |   |   |   | 0.7673 |   |
| Polish zloty (PLN)       |   |                                | 2.8866 |   |   |   | 3.4565 |   |
| Czech koruna (CZK)       |   |                                | N/A    |   |   |   | 21.1428 |   |
| South African rand (ZAR) |   |                                | N/A    |   |   |   | 9.9432 |   |

|                                                                     |   | For the three monthsended March 31, |   |
|--------------------------------------------------------------------------|--------|-------------------------------------|--------|
|                                                                     |   | 2010                                |   |   | 2009 |   |
|                                                                     |   |                                |   |   |   |   |
| Gaming revenue                                                           |   | $                                   | 12,582 |   |   | $ | 11,472 |   |
| Net operating revenue                                                    |   |                                | 14,137 |   |   |   | 11,999 |   |
| Total operating costs and expenses                                       |   |                                | 13,975 |   |   |   | 11,912 |   |
| Earnings from equity investment                                          |   |                                | 188    |   |   |   | 89 |   |
| Operating earnings from continuing operations                            |   |                                | 350    |   |   |   | 176 |   |
| Earnings (loss) from continuing operations                               |   |                                | 130    |   |   |   | (1,459 | ) |
| Earnings from discontinued operations                                    |   |                                | -      |   |   |   | 1,902 |   |
| Net earnings attributable to Century Casinos, Inc. and subsidiaries |   |                                | 130    |   |   |   | 345 |   |
| Earnings per share                                                       |   |                                |   |   |   |   |   |   |
| Basic                                                                    |   |                                |   |   |   |   |   |   |
| Earnings (loss) from continuing operations                               |   | $                                   | 0.01   |   |   | $ | (0.07 | ) |
| Net earnings                                                             |   |                                | 0.01   |   |   |   | 0.01 |   |
| Diluted                                                                  |   |                                |   |   |   |   |   |   |
| Earnings (loss) from continuing operations                               |   | $                                   | 0.01   |   |   | $ | (0.07 | ) |
| Net earnings                                                             |   |                                | 0.01   |   |   |   | 0.01 |   |

----

|                                                   |   | For the three monthsended March 31, |   |
|--------------------------------------------------------|--------|-------------------------------------|--------|
|                                                   |   | 2010                                |   |   | 2009 |   |
|                                                   |   |                                |   |   |   |   |
| Century Casino & Hotel (Edmonton, Alberta, Canada) |   | $                                   | 5,360  |   |   | $ | 4,796 |   |
| Silver Dollar Casino (Calgary, Alberta, Canada)        |   |                                | 1,742  |   |   |   | - |   |
| Womacks (Cripple Creek, Colorado)                      |   |                                | 2,265  |   |   |   | 2,572 |   |
| Century Casino & Hotel (Central City, Colorado)    |   |                                | 4,172  |   |   |   | 4,163 |   |
| Cruise Ships                                           |   |                                | 598    |   |   |   | 468 |   |
| Casinos Poland (Poland) (1)                            |   |                                | -      |   |   |   | - |   |
| Corporate                                              |   |                                | -      |   |   |   | - |   |
| Net operating revenue                                  |   | $                                   | 14,137 |   |   | $ | 11,999 |   |

----

|                                                   |   | For the three monthsended March 31, |   |
|--------------------------------------------------------|--------|-------------------------------------|--------|
|                                                   |   | 2010                                |   |   | 2009 |   |
|                                                   |   |                                |   |   |   |   |
| Century Casino & Hotel (Edmonton, Alberta, Canada) |   | $                                   | 1,306  |   |   | $ | 1,476 |   |
| Silver Dollar Casino (Calgary, Alberta, Canada)        |   |                                | 138    |   |   |   | - |   |
| Womacks (Cripple Creek, Colorado)                      |   |                                | (97    | ) |   |   | 98 |   |
| Century Casino & Hotel (Central City, Colorado)    |   |                                | 248    |   |   |   | 312 |   |
| Cruise Ships                                           |   |                                | 69     |   |   |   | - |   |
| Casinos Poland (Poland) (1)                            |   |                                | 188    |   |   |   | 89 |   |
| Corporate                                              |   |                                | (1,502 | ) |   |   | (1,799 | ) |
| Earnings from operations                               |   | $                                   | 350    |   |   | $ | 176 |   |

|                        |   | Three monthsended March 31, |   |   |   |   |   |     |   |
|-----------------------------|--------|-----------------------------|--------|--------|--------|--------|--------|----------|--------|
|                        |   | 2010                        |   |   | 2009   |   |   | Variance |   |   | PercentageVariance |   |
|                        |   |                        |   |   |   |   |   |     |   |   |   |   |
| Gaming                      |   | $                           | 12,582 |   |   | $      | 11,472 |     |   | $ | 1,110 |   |   |   | 9.7 | % |
| Hotel, food and beverage    |   |                        | 2,765  |   |   |   | 1,899  |     |   |   | 866 |   |   |   | 45.6 | % |
| Other                       |   |                        | 579    |   |   |   | 409    |     |   |   | 170 |   |   |   | 41.6 | % |
| Gross revenue               |   |                        | 15,926 |   |   |   | 13,780 |     |   |   | 2,146 |   |   |   | 15.6 | % |
| Less promotional allowances |   |                        | 1,789  |   |   |   | 1,781  |     |   |   | 8 |   |   |   | 0.4 | % |
| Net operating revenue       |   | $                           | 14,137 |   |   | $      | 11,999 |     |   | $ | 2,138 |   |   |   | 17.8 | % |

----

----

|                               |   | Three monthsended March 31, |   |   |   |   |   |     |   |
|------------------------------------|--------|-----------------------------|--------|--------|--------|--------|--------|----------|--------|
|                               |   | 2010                        |   |   | 2009   |   |   | Variance |   |   | PercentageVariance |   |
|                               |   |                        |   |   |   |   |   |     |   |   |   |   |
| Gaming                             |   | $                           | 5,433  |   |   | $      | 4,469  |     |   | $ | 964 |   |   |   | 21.6 | % |
| Hotel, food and beverage           |   |                        | 2,110  |   |   |   | 1,540  |     |   |   | 570 |   |   |   | 37.0 | % |
| General and administrative         |   |                        | 4,943  |   |   |   | 4,331  |     |   |   | 612 |   |   |   | 14.1 | % |
| Depreciation                       |   |                        | 1,489  |   |   |   | 1,572  |     |   |   | (83 | ) |   |   | (5.3 | %) |
| Total operating costs and expenses |   | $                           | 13,975 |   |   | $      | 11,912 |     |   | $ | 2,063 |   |   |   | 17.3 | % |

----

----

|                                                     |   | Three monthsended March 31, |   |   |   |   |   |     |   |
|----------------------------------------------------------|--------|-----------------------------|--------|--------|--------|--------|--------|----------|--------|
|                                                     |   | 2010                        |   |   | 2009   |   |   | Variance |   |   | PercentageVariance |   |
|                                                     |   |                        |   |   |   |   |   |     |   |   |   |   |
| Interest income                                          |   | $                           | 8      |   |   | $      | 9      |     |   | $ | (1 | ) |   |   | (11.1 | %) |
| Interest expense                                         |   |                        | (291   | )      |   |   | (900   | )        |   |   | 609 |   |   |   | (67.7 | %) |
| Gains (losses) on foreign currency translation and other |   |                        | 243    |   |   |   | (525   | )        |   |   | 768 |   |   |   | (146.3 | %) |
| Non-operating expense                                    |   | $                           | (40    | )      |   | $      | (1,416 | )        |   | $ | 1,376 |   |   |   | (97.2 | %) |

----

| Amounts in thousands |   | For the three monthsended March 31, 2010 |   |   | For the three monthsended March 31, 2009 |   |
|----------------------|--------|------------------------------------------|--------|--------|------------------------------------------|--------|
|                 |   | Pre-tax income                           |   |   | Income tax                               |   |   | Effectivetax rate |   |   | Pre-tax income |   |   | Income tax |   |   | Effectivetax rate |   |
| Canada               |   | $                                        | 546    |   |                                     | $      | 156 |   |   |   | 28.6 | % |   | $ | 796 |   |   | $ | 221 |   |   |   | 27.8 | % |
| United States (1)    |   |                                     | (553   | )      |                                     |   | 15 |   |   |   | (2.7 | %) |   |   | (1,460 | ) |   |   | 14 |   |   |   | (1.0 | %) |
| Mauritius (2)        |   |                                     | 279    |   |                                     |   | 9 |   |   |   | 3.2 | % |   |   | (769 | ) |   |   | (23 | ) |   |   | 3.0 | % |
| Austria              |   |                                     | (107   | )      |                                     |   | - |   |   | % |   |   |   | 84 |   |   |   | 7 |   |   |   | 8.3 | % |
| Poland               |   |                                     | 145    |   |                                     |   | - |   |   |   | - | % |   |   | 109 |   |   |   | - |   |   |   | - | % |
| Total                |   | $                                        | 310    |   |                                     | $      | 180 |   |   |   | 58.1 | % |   | $ | (1,240 | ) |   | $ | 219 |   |   |   | (17.7 | %) |

----

|                                            |   | For the threemonths endedMarch 31, 2009 |   |
|-------------------------------------------------|--------|-----------------------------------------|--------|
|                                            |   |                                    |   |
| Gaming revenue                                  |   | $                                       | 4,507  |   |
| Net operating revenue                           |   |                                    | 5,330  |   |
| Total operating costs and expenses              |   |                                    | 3,795  |   |
| Operating earnings from discontinued operations |   |                                    | 1,535  |   |
| Net earnings from discontinued operations       |   |                                    | 1,786  |   |
| Earnings per share from discontinued operations |   |                                    |   |   |
| Basic                                           |   | $                                       | 0.08   |   |
| Diluted                                         |   | $                                       | 0.08   |   |

----

----

Item 3. 

Item 4.

----

Item 2.

| Period              |   | (a) Total Numberof Shares(or Units)Purchased   |   |   | (b) Average PricePaid per Share(or Unit)    |   |   | (c) Total Number of Shares (or Units) Purchased as Part of Publicly Announced Plans or Programs  |   | (d) Maximum Number (or Approximate Dollar Value)of Shares (or Units) that May Yet Be PurchasedUnder the Plans or Programs    |
|---------------------|--------|----------------------------------------------------------|--------|--------|------------------------------------------------------------|--------|--------|-------------------------------------------------------------------------------------------------------|--------|---------------------------------------------------------------------------------------------------------------------------------------------|
| January 1-31, 2010  |   |                                                     | 52,330 |   |                                                       | $      | 2.46   |                                                                                                  |   |                                                                                                                                        | 52,330 |   | $14.7 million |
| February 1-28, 2010 |   |                                                     | 5,000  |   |                                                       | $      | 2.42   |                                                                                                  |   |                                                                                                                                        | 5,000 |   | $14.7 million |
| March 1-31, 2010    |   |                                                     | -      |   |                                                       |   | -      |                                                                                                  |   |                                                                                                                                        | - |   | $14.7 million |

Item 5.

|               | For        | Withheld | Broker Non-Vote |
|--------------------|------------|----------|-----------------|
| Robert S. Eichberg | 14,406,126 | 71,842   | 3,045,814       |
| Dinah Corbaci      | 14,429,801 | 48,167   | 3,045,814       |

----

Item 6. EXHIBITS

| 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. |
| 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.                                                                                                                                                                       |
| 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.                                                                                                                                                                       |

SIGNATURES:

----

| Exhibit No. | Document                                                                                                                                                                                                                               |
|-------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 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. |
| 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.                                                                                                                                  |
| 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.                                                                                                                                  |