|   | **UNITED                STATES**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |   |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
|   | **SECURITIES                AND EXCHANGE COMMISSION**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |
|   | **Washington,                D.C. 20549**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   |
|   | **Form                10-Q**                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   |   |   |
|   | ___X___                QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES                EXCHANGE ACT OF 1934                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   |
|   |  For                the quarterly period ended June 30, 2007                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |   |
|   |  OR                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |
|   | _______                TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES                EXCHANGE ACT OF 1934                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |
|   |  For                the transition period from ____________ to ___________                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |
|   |  Commission                file number     0-22290                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |   |
|   |  CENTURY                CASINOS, INC.(Exact                name of registrant as specified in its charter)                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |
|   |  DELAWARE(State                or other jurisdiction of incorporation or organization)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |   |  84-1271317(I.R.S.                Employer Identification No.) |   |
|   |  1263                Lake Plaza Drive Suite A, Colorado Springs, Colorado                80906(Address                of principal executive offices)(Zip                Code)                                                                                                                                                                                                                                                                                                                                                                                              |   |
|   |  (719)                527-8300(Registrant’s                telephone number, including area code)                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |
|   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             |   |   |   |
|   | Indicate                by check mark whether the registrant (1) has filed all reports required                to                be filed by Section 13 or 15(d) of the Securities Exchange Act of                1934                during the preceding 12 months (or for such shorter period that the                registrant was required to file such reports), and (2) has been subject                to                such filing requirements for the past 90                days.  Yes   _X_   No                ___  |   |
|   | Indicate                by check mark whether the registrant is a large accelerated filer,                an                accelerated filer, or a non-accelerated filer. See definition of                “accelerated filer and large accelerated filer” in Rule 12b-2 of the                Exchange Act.     Large                accelerated filer __  Accelerated filer                _X_   Non-accelerated filer __                                                                                  |   |
|   | Indicate                by check mark whether the registrant is a shell company (as defined                in                Rule 12b-2 of the Exchange                Act).     Yes___  No _X_                                                                                                                                                                                                                                                                                                                                          |   |
|   | Indicate                the number of shares outstanding of each of the issuer’s classes of common                stock, as of the latest practical date:                                                                                                                                                                                                                                                                                                                                                                                                                  |   |
|   |  Common                stock, $0.01 par value per share, 23,451,067 shares outstanding as                of                August 8, 2007.                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |

----

**CENTURY      CASINOS, INC.**

**FORM      10-Q INDEX**

|                   |   |                                                                                                                                                               | Page   |
|------------------------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
| PART                I  |   | FINANCIAL                INFORMATION                                                                                                                               | Number |
|                   |   |                                                                                                                                                               |   |
| Item                1. |   | Condensed                Consolidated Financial Statements (unaudited)                                                                                             |   |
|                   |   | Condensed                Consolidated Balance Sheets as of June                30, 2007 and December 31, 2006                                                      | 3      |
|                   |   | Condensed                Consolidated Statements of Earnings for the Three and Six Months                Ended                June 30, 2007 and 2006               | 4      |
|                   |   | Condensed                Consolidated Statements of Comprehensive Earnings for the Three and                Six                Months Ended June 30, 2007 and 2006 | 5      |
|                   |   | Condensed                Consolidated Statements of Cash Flows for the Six Months Ended June                30,                2007 and 2006                       | 6      |
|                   |   | Notes                to Condensed Consolidated Financial Statements                                                                                                | 9      |
| Item                2. |   | Management’s                Discussion and Analysis of Financial Condition and Results of                Operations                                          | 15     |
| Item                3. |   | Quantitative                and Qualitative Disclosures About Market Risk                                                                                          | 41     |
| Item                4. |   | Controls                and Procedures                                                                                                                             | 41     |
|                   |   |                                                                                                                                                               |   |
| PART                II |   | OTHER                INFORMATION                                                                                                                                   |   |
|                   |   |                                                                                                                                                               |   |
| Item                4. |   | Submission                of Matters to a Vote of Security Holders                                                                                                 | 42     |
| Item                6. |   | Exhibits                                                                                                                                                           | 42     |
|                   |   | SIGNATURES                                                                                                                                                         | 43     |

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**CENTURY      CASINOS, INC. AND SUBSIDIARIES**

**CONDENSED        CONSOLIDATED BALANCE SHEETS (Unaudited)**

----

| *Amounts                in thousands, except for share information*                                                                                                                                                                                                                             |   | **June                30, 2007** |    |   | **December                31, 2006** |   |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|----------------------------------|---------|--------|--------------------------------------|--------|
| **ASSETS**                                                                                                                                                                                                                                                                                      |   |                             |    |   |                                 |   |
| **Current                Assets:**                                                                                                                                                                                                                                                              |   |                             |    |   |                                 |   |
| Cash                and cash equivalents                                                                                                                                                                                                                                                        |   | $                                | 14,193  |   |                                 | $      | 34,969 |   |
| Restricted                cash                                                                                                                                                                                                                                                                  |   |                             | 2,155   |   |                                 |   | 2,352 |   |
| Receivables,                net                                                                                                                                                                                                                                                                 |   |                             | 847     |   |                                 |   | 934 |   |
| Prepaid                expenses                                                                                                                                                                                                                                                                 |   |                             | 1,353   |   |                                 |   | 1,183 |   |
| Inventories                                                                                                                                                                                                                                                                                     |   |                             | 461     |   |                                 |   | 445 |   |
| Other                current assets                                                                                                                                                                                                                                                             |   |                             | 480     |   |                                 |   | 1,091 |   |
| Deferred                income taxes – foreign                                                                                                                                                                                                                                            |   |                             | 263     |   |                                 |   | 193 |   |
| Total                current assets                                                                                                                                                                                                                                                             |   |                             | 19,752  |   |                                 |   | 41,167 |   |
|                                                                                                                                                                                                                                                                                            |   |                             |    |   |                                 |   |   |   |
| **Property                and Equipment, net**                                                                                                                                                                                                                                                  |   |                             | 129,177 |   |                                 |   | 124,638 |   |
| **Goodwill**                                                                                                                                                                                                                                                                                    |   |                             | 12,667  |   |                                 |   | 12,262 |   |
| **Investment                in Unconsolidated Subsidiary**                                                                                                                                                                                                                                      |   |                             | 9,797   |   |                                 |   | - |   |
| **Casino                Licenses and Other Intangible Assets**                                                                                                                                                                                                                                  |   |                             | 10,482  |   |                                 |   | 9,341 |   |
| **Deferred                Income Taxes – domestic**                                                                                                                                                                                                                                       |   |                             | 1,968   |   |                                 |   | 1,763 |   |
| **                                                          – foreign** |   |                             | 2,231   |   |                                 |   | 2,143 |   |
| **Note                Receivable (see Note 2)**                                                                                                                                                                                                                                                 |   |                             | -       |   |                                 |   | 5,170 |   |
| **Other                Assets**                                                                                                                                                                                                                                                                 |   |                             | 1,926   |   |                                 |   | 1,376 |   |
| **Total**                                                                                                                                                                                                                                                                                       |   | $                                | 188,000 |   |                                 | $      | 197,860 |   |

| **LIABILITIES                AND SHAREHOLDERS’ EQUITY**                                                                                                         |   |   |    |   |   |   |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|---------|--------|--------|--------|
| **Current                Liabilities:**                                                                                                                               |   |   |    |   |   |   |
| Current                portion of long-term debt                                                                                                                      |   | $      | 10,829  |   |   | $      | 20,669 |   |
| Accounts                payable and accrued liabilities                                                                                                               |   |   | 7,328   |   |   |   | 10,625 |   |
| Accrued                payroll                                                                                                                                        |   |   | 1,958   |   |   |   | 2,172 |   |
| Taxes                payable                                                                                                                                          |   |   | 2,162   |   |   |   | 2,509 |   |
| Deferred                income taxes – domestic                                                                                                                 |   |   | 16      |   |   |   | 16 |   |
| Total                current liabilities                                                                                                                              |   |   | 22,293  |   |   |   | 35,991 |   |
|                                                                                                                                                                  |   |   |    |   |   |   |   |   |
| **Long-Term                Debt, less current portion**                                                                                                               |   |   | 55,192  |   |   |   | 56,036 |   |
| **Other                Long-Term Accrued Liabilities**                                                                                                                |   |   | 1,518   |   |   |   | - |   |
| **Minority                Interest**                                                                                                                                  |   |   | 4,759   |   |   |   | 5,406 |   |
|                                                                                                                                                                  |   |   |    |   |   |   |   |   |
| **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;                                                                             |   |   |    |   |   |   |   |   |
| 23,168,443                shares issued; 23,051,067                and 23,004,067 shares outstanding, respectively                                                    |   |   | 232     |   |   |   | 232 |   |
| Additional                paid-in                capital                                                                                                              |   |   | 69,870  |   |   |   | 69,779 |   |
| Accumulated                other                comprehensive earnings                                                                                                |   |   | 3,931   |   |   |   | 2,768 |   |
| Retained                earnings (see Note                5)                                                                                                          |   |   | 30,470  |   |   |   | 28,020 |   |
|                                                                                                                                                                  |   |   | 104,503 |   |   |   | 100,799 |   |
| Treasury                stock – 117,376 and 164,376 shares at cost, respectively                                                                                |   |   | (265    | )      |   |   | (372 | ) |
| Total                shareholders’ equity                                                                                                                       |   |   | 104,238 |   |   |   | 100,427 |   |
| **Total**                                                                                                                                                             |   | $      | 188,000 |   |   | $      | 197,860 |   |

----

**CENTURY      CASINOS, INC. AND SUBSIDIARIES**

**CONDENSED        CONSOLIDATED STATEMENTS OF EARNINGS (Unaudited)**

----

|                                                                                                      |   | **For                  the three months****ended                  June 30,** |   |   | **For                  the six months****ended                  June 30,** |   |
|-----------------------------------------------------------------------------------------------------------|--------|------------------------------------------------------------------------------|--------|--------|----------------------------------------------------------------------------|--------|
| *Amounts                in thousands, except for share information*                                       |   | **2007**                                                                     |   |   | **2006**                                                                   |   |   | **2007** |   |   | **2006** |   |
| **Operating                revenue:**                                                                     |   |                                                                         |   |   |                                                                       |   |   |   |   |   |   |   |
| Casino                                                                                                    |   | $                                                                            | 21,489 |   |                                                                       | $      | 11,260 |   |   | $ | 41,378 |   |   | $ | 20,406 |   |
| Hotel,                food and beverage                                                                   |   |                                                                         | 2,979  |   |                                                                       |   | 1,272 |   |   |   | 5,846 |   |   |   | 2,354 |   |
| Other                                                                                                     |   |                                                                         | 446    |   |                                                                       |   | 321 |   |   |   | 939 |   |   |   | 470 |   |
|                                                                                                      |   |                                                                         | 24,914 |   |                                                                       |   | 12,853 |   |   |   | 48,163 |   |   |   | 23,230 |   |
| Less                promotional allowances                                                                |   |                                                                         | 2,241  |   |                                                                       |   | 984 |   |   |   | 4,429 |   |   |   | 1,885 |   |
| Net                operating revenue                                                                      |   |                                                                         | 22,673 |   |                                                                       |   | 11,869 |   |   |   | 43,734 |   |   |   | 21,345 |   |
|                                                                                                      |   |                                                                         |   |   |                                                                       |   |   |   |   |   |   |   |   |   |   |   |
| **Operating                costs and expenses:**                                                          |   |                                                                         |   |   |                                                                       |   |   |   |   |   |   |   |   |   |   |   |
| Casino                                                                                                    |   |                                                                         | 8,473  |   |                                                                       |   | 4,357 |   |   |   | 16,568 |   |   |   | 7,654 |   |
| Hotel,                food and beverage                                                                   |   |                                                                         | 2,542  |   |                                                                       |   | 1,000 |   |   |   | 5,125 |   |   |   | 1,830 |   |
| General                and administrative                                                                 |   |                                                                         | 6,984  |   |                                                                       |   | 4,516 |   |   |   | 12,785 |   |   |   | 7,559 |   |
| Impairments                and other write-offs, net of recoveries                                        |   |                                                                         | 40     |   |                                                                       |   | 7 |   |   |   | 25 |   |   |   | 15 |   |
| Depreciation                                                                                              |   |                                                                         | 2,304  |   |                                                                       |   | 933 |   |   |   | 4,323 |   |   |   | 1,705 |   |
|                                                                                                      |   |                                                                         |   |   |                                                                       |   |   |   |   |   |   |   |   |   |   |   |
| Total                operating costs and expenses                                                         |   |                                                                         | 20,343 |   |                                                                       |   | 10,813 |   |   |   | 38,826 |   |   |   | 18,763 |   |
|                                                                                                      |   |                                                                         |   |   |                                                                       |   |   |   |   |   |   |   |   |   |   |   |
| **Earnings                from unconsolidated subsidiary**                                                |   |                                                                         | 54     |   |                                                                       |   | - |   |   |   | 54 |   |   |   | - |   |
| **Earnings                from operations**                                                               |   |                                                                         | 2,384  |   |                                                                       |   | 1,056 |   |   |   | 4,962 |   |   |   | 2,582 |   |
| **Non-operating                income (expense):**                                                        |   |                                                                         |   |   |                                                                       |   |   |   |   |   |   |   |   |   |   |   |
| Interest                income                                                                            |   |                                                                         | 443    |   |                                                                       |   | 319 |   |   |   | 717 |   |   |   | 597 |   |
| Interest                expense                                                                           |   |                                                                         | (1,699 | )      |                                                                       |   | (411 | ) |   |   | (3,631 | ) |   |   | (615 | ) |
| Other                (expense) income, net                                                                |   |                                                                         | (41    | )      |                                                                       |   | 225 |   |   |   | 787 |   |   |   | 319 |   |
| Non-operating                (expense) income, net                                                        |   |                                                                         | (1,297 | )      |                                                                       |   | 133 |   |   |   | (2,127 | ) |   |   | 301 |   |
| **Earnings                before income taxes, minority interest and preferred                dividends** |   |                                                                         | 1,087  |   |                                                                       |   | 1,189 |   |   |   | 2,835 |   |   |   | 2,883 |   |
| Provision                for income taxes                                                                 |   |                                                                         | 304    |   |                                                                       |   | 105 |   |   |   | 628 |   |   |   | 461 |   |
| **Earnings                before minority interest and preferred dividends**                              |   |                                                                         | 783    |   |                                                                       |   | 1,084 |   |   |   | 2,207 |   |   |   | 2,422 |   |
| Minority                interest in subsidiary losses, net                                                |   |                                                                         | 315    |   |                                                                       |   | 247 |   |   |   | 652 |   |   |   | 599 |   |
| Preferred                dividends issued by subsidiary                                                   |   |                                                                         | (57    | )      |                                                                       |   | - |   |   |   | (276 | ) |   |   | - |   |
| **Net                earnings**                                                                           |   | $                                                                            | 1,041  |   |                                                                       | $      | 1,331 |   |   | $ | 2,583 |   |   | $ | 3,021 |   |
|                                                                                                      |   |                                                                         |   |   |                                                                       |   |   |   |   |   |   |   |   |   |   |   |
| **Earnings                per share:**                                                                    |   |                                                                         |   |   |                                                                       |   |   |   |   |   |   |   |   |   |   |   |
| Basic                                                                                                     |   | $                                                                            | 0.05   |   |                                                                       | $      | 0.06 |   |   | $ | 0.11 |   |   | $ | 0.13 |   |
| Diluted                                                                                                   |   | $                                                                            | 0.04   |   |                                                                       | $      | 0.06 |   |   | $ | 0.11 |   |   | $ | 0.13 |   |

----

**CENTURY      CASINOS, INC. AND SUBSIDIARIES**

**CONDENSED        CONSOLIDATED STATEMENTS OF COMPREHENSIVE EARNINGS (Unaudited)**

----

|                                                    |   | **For                the three months****ended                June 30,** |   |   | **For                the six months****ended                June 30,** |   |
|---------------------------------------------------------|--------|--------------------------------------------------------------------------|--------|--------|------------------------------------------------------------------------|--------|
|                                                    |   |                                                                     |   |   |                                                                   |   |   |   |   |   |   |   |
| *Amounts                in thousands*                   |   | **2007**                                                                 |   |   | **2006**                                                               |   |   | **2007** |   |   | **2006** |   |
|                                                    |   |                                                                     |   |   |                                                                   |   |   |   |   |   |   |   |
| **Net                earnings**                         |   | $                                                                        | 1,041  |   |                                                                   | $      | 1,331 |   |   | $ | 2,583 |   |   | $ | 3,021 |   |
| Foreign                currency translation adjustments |   |                                                                     | 2,677  |   |                                                                   |   | (1,397 | ) |   |   | 1,163 |   |   |   | (409 | ) |
| **Comprehensive                earnings (loss)**        |   | $                                                                        | 3,718  |   |                                                                   | $      | (66 | ) |   | $ | 3,746 |   |   | $ | 2,612 |   |

----

**CENTURY      CASINOS, INC. AND SUBSIDIARIES**

**CONDENSED        CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)**

----

|                                                                                                                                                                   |   | **For                the six months****ended                June 30,** |   |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|------------------------------------------------------------------------|--------|
|                                                                                                                                                                   |   |                                                                   |   |   |   |   |
| *Amounts                in thousands*                                                                                                                                  |   | **2007**                                                               |   |   | **2006** |   |
|                                                                                                                                                                   |   |                                                                   |   |   |   |   |
| **Cash                Flows from Operating Activities:**                                                                                                               |   |                                                                   |   |   |   |   |
| Net                earnings                                                                                                                                            |   | $                                                                      | 2,583  |   |   | $ | 3,021 |   |
|                                                                                                                                                                   |   |                                                                   |   |   |   |   |   |   |
| Adjustments                to reconcile net earnings to net cash provided by                                                                                           |   |                                                                   |   |   |   |   |   |   |
| operating                activities:                                                                                                                                   |   |                                                                   |   |   |   |   |   |   |
| Depreciation                                                                                                                                                           |   |                                                                   | 4,323  |   |   |   | 1,705 |   |
| Imputed                interest                                                                                                                                        |   |                                                                   | 88     |   |   |   | - |   |
| Amortization                of share-based compensation                                                                                                                |   |                                                                   | 28     |   |   |   | 201 |   |
| Amortization                of deferred financing costs                                                                                                                |   |                                                                   | 236    |   |   |   | 30 |   |
| Deferred                tax expense                                                                                                                                    |   |                                                                   | (301   | ) |   |   | (257 | ) |
| Minority                interest in subsidiary losses                                                                                                                  |   |                                                                   | (652   | ) |   |   | (599 | ) |
| Earnings                from unconsolidated subsidiary                                                                                                                 |   |                                                                   | (54    | ) |   |   | - |   |
| Other                                                                                                                                                                  |   |                                                                   | -      |   |   |   | 11 |   |
| Excess                tax benefits from stock-based payment arrangements                                                                                               |   |                                                                   | (62    | ) |   |   | (376 | ) |
| Changes                in operating assets and liabilities:                                                                                                            |   |                                                                   |   |   |   |   |   |   |
| Receivables                                                                                                                                                            |   |                                                                   | 127    |   |   |   | (400 | ) |
| Prepaid                expenses and other assets                                                                                                                       |   |                                                                   | (697   | ) |   |   | 211 |   |
| Accounts                payable and accrued liabilities                                                                                                                |   |                                                                   | (3,795 | ) |   |   | (2,454 | ) |
| Accrued                payroll                                                                                                                                         |   |                                                                   | (249   | ) |   |   | 57 |   |
| Taxes                payable                                                                                                                                           |   |                                                                   | (307   | ) |   |   | (230 | ) |
|                                                                                                                                                                   |   |                                                                   |   |   |   |   |   |   |
| Net                cash provided by operating activities                                                                                                               |   |                                                                   | 1,268  |   |   |   | 920 |   |
|                                                                                                                                                                   |   |                                                                   |   |   |   |   |   |   |
|                                                                                                                                                                   |   |                                                                   |   |   |   |   |   |   |
| **Cash                Flows from Investing Activities:**                                                                                                               |   |                                                                   |   |   |   |   |   |   |
| Purchases                of property and equipment                                                                                                                     |   |                                                                   | (6,014 | ) |   |   | (25,476 | ) |
| Note                receivable                                                                                                                                         |   |                                                                   | -      |   |   |   | (4,751 | ) |
| Acquisition                of remaining interest in Century Resorts Alberta, Inc.                                                                                      |   |                                                                   | -      |   |   |   | (5,135 | ) |
| Cash                contribution of $0.7 million towards interest in Century   Casino                Millennium, plus net cash acquired of $0.4 million |   |                                                                   | -      |   |   |   | (278 | ) |
| Cash                contribution of $6.7 million towards interest in Newcastle,   less                net cash acquired of $1.6 million                 |   |                                                                   | -      |   |   |   | (5,068 | ) |
| Cash                contribution of $2.0 million towards interest in G5 Sp. z                o.o.                                                                      |   |                                                                   | (2,016 | ) |   |   | - |   |
| Proceeds                from disposition of assets                                                                                                                     |   |                                                                   | 13     |   |   |   | 86 |   |
|                                                                                                                                                                   |   |                                                                   |   |   |   |   |   |   |
| Net                cash used in investing activities                                                                                                                   |   |                                                                   | (8,017 | ) |   |   | (40,622 | ) |

----

**CENTURY      CASINOS, INC. AND SUBSIDIARIES**

**CONDENSED        CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited)**

----

|                                                                     |   | **For                the six months****ended                June 30,** |    |
|--------------------------------------------------------------------------|--------|------------------------------------------------------------------------|---------|
| *Amounts                in thousands*                                    |   | **2007**                                                               |    |   | **2006** |   |
| **Cash                Flows from Financing Activities:**                 |   |                                                                   |    |   |   |   |
| Proceeds                from borrowings                                  |   | $                                                                      | 12,988  |   |   | $ | 44,630 |   |
| Principal                repayments                                      |   |                                                                   | (26,606 | ) |   |   | (16,049 | ) |
| Excess                tax benefits from stock-based payment arrangements |   |                                                                   | 62      |   |   |   | 376 |   |
| Deferred                financing charges                                |   |                                                                   | (40     | ) |   |   | (10 | ) |
| Decrease                in restricted cash                               |   |                                                                   | 202     |   |   |   | - |   |
| Proceeds                from exercise of options                         |   |                                                                   | 106     |   |   |   | 450 |   |
| Other                                                                    |   |                                                                   | -       |   |   |   | (47 | ) |
|                                                                     |   |                                                                   |    |   |   |   |   |   |
| Net                cash (used in) provided by financing activities       |   |                                                                   | (13,288 | ) |   |   | 29,350 |   |
|                                                                     |   |                                                                   |    |   |   |   |   |   |
| **Effect                of Exchange Rate Changes on Cash**               |   |                                                                   | (739    | ) |   |   | 700 |   |
|                                                                     |   |                                                                   |    |   |   |   |   |   |
| **Decrease                in Cash and Cash Equivalents**                 |   |                                                                   | (20,776 | ) |   |   | (9,652 | ) |
|                                                                     |   |                                                                   |    |   |   |   |   |   |
| **Cash                and Cash Equivalents at Beginning of Period**      |   |                                                                   | 34,969  |   |   |   | 37,167 |   |
|                                                                     |   |                                                                   |    |   |   |   |   |   |
| **Cash                and Cash Equivalents at End of Period**            |   | $                                                                      | 14,193  |   |   | $ | 27,515 |   |

**Supplemental      Disclosure of Non-cash Financing Activities:**

| *Amounts                in thousands*                   |   |   |   |
|---------------------------------------------------------|--------|--------|--------|
| Fair                value of minority interest acquired |   | $      | 1,818  |   |
| Goodwill                                                |   |   | 4,342  |   |
| Long-term                debt                           |   |   | (1,025 | ) |
| Cash                paid                                |   | $      | 5,135  |   |

| *Amounts                in thousands*                            |   |   |   |
|------------------------------------------------------------------|--------|--------|--------|
| Cash                                                             |   | $      | 402    |   |
| Restricted                cash                                   |   |   | 845    |   |
| Accounts                receivable                               |   |   | 153    |   |
| Property                and equipment, net                       |   |   | 594    |   |
| Goodwill                                                         |   |   | (345   | ) |
| Other                assets, including intercompany debt assumed |   |   | 196    |   |
| Accounts                payable and accrued liabilities          |   |   | (132   | ) |
| Accrued                payroll                                   |   |   | (9     | ) |
| Taxes                payable                                     |   |   | (343   | ) |
| Long-term                debt                                    |   |   | (681   | ) |
| Cash                paid                                         |   | $      | 680    |   |

----

| *Amounts                in thousands*                   |   |   |   |
|---------------------------------------------------------|--------|--------|--------|
| Cash                                                    |   | $      | 1,530  |   |
| Accounts                receivable                      |   |   | 35     |   |
| Prepaid                expenses                         |   |   | 91     |   |
| Inventory                                               |   |   | 74     |   |
| Property                and equipment, net              |   |   | 3,009  |   |
| Casino                licenses                          |   |   | 8,911  |   |
| Deferred                income taxes – foreign    |   |   | 1,314  |   |
| Accounts                payable and accrued liabilities |   |   | (801   | ) |
| Accrued                payroll                          |   |   | (183   | ) |
| Taxes                payable                            |   |   | (446   | ) |
| Long-term                debt                           |   |   | (1,965 | ) |
| Amount                credited to minority partner      |   |   | (4,917 | ) |
| Cash                paid                                |   | $      | 6,652  |   |

| *Amounts                in thousands*                              |   |   |   |
|--------------------------------------------------------------------|--------|--------|--------|
| Investment                in Casinos Poland Ltd.                   |   | $      | 8,944  |   |
| Accounts                payable and accrued liabilities            |   |   | (277   | ) |
| Long-term                debt, including intercompany debt assumed |   |   | (6,651 | ) |
| Cash                paid                                           |   | $      | 2,016  |   |

**Supplemental      Disclosure of Cash Flow Information:**

| *Amounts                in Thousands* |   | **For                the six months****ended                June 30,** |   |
|---------------------------------------|--------|------------------------------------------------------------------------|--------|
|                                  |   | **2007**                                                               |   |   | **2006** |   |
| Interest                paid          |   | $                                                                      | 4,005  |   |   | $ | 1,564 |   |
| Income                taxes paid      |   | $                                                                      | 1,390  |   |   | $ | 84 |   |

----

**CENTURY      CASINOS, INC. AND SUBSIDIARIES**

**NOTES        TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Unaudited)**

----

**1.           DESCRIPTION      OF BUSINESS AND BASIS OF PRESENTATION**

**Presentation      of Foreign Currency Amounts -**

|                                    | **June                30, 2007** | **December                31, 2006** | **June                30, 2006** |
|-----------------------------------------|----------------------------------|--------------------------------------|----------------------------------|
| Canadian                Dollars (CAD)   | 1.0634                           | 1.1653                               | 1.1150                           |
| Czech                Koruna (CZK)       | 21.2340                          | 20.8500                              | 22.3270                          |
| Euros                (€)          | 0.73971                          | 0.7578                               | 0.7827                           |
| Polish                Zloty (PLN)       | 2.7852                           | 2.9016                               | N/A                              |
| South                African Rand (ZAR) | 7.0471                           | 7.0496                               | 7.1704                           |

----

**2.           ACQUISITIONS**

*Century        Casino Newcastle:*

*G5      Sp. z o.o.:*

| **3.** | **EQUITY                INVESTMENT IN UNCONSOLIDATED                SUBSIDIARY** |
|--------|----------------------------------------------------------------------------------|

| *Amounts                in thousands*                   |   | **As                of**        |   |
|---------------------------------------------------------|--------|---------------------------------|--------|
|                                                    |   | **May                31, 2007** |   |
| **Balance                Sheet:**                       |   |                            |   |
|    Current                assets         |   | $                               | 5,416  |   |
|    Noncurrent                assets      |   | $                               | 11,382 |   |
|    Current                liabilities    |   | $                               | 11,651 |   |
|    Noncurrent                liabilities |   | $                               | 4,743  |   |

|                                                   |   | **March                12, 2007through May 31, 2007** |   |
|--------------------------------------------------------|--------|-------------------------------------------------------|--------|
| **Operating                Results:**                  |   |                                                  |   |
|    Net                operating revenue |   | $                                                     | 14,132 |   |
|    Net                earnings          |   | $                                                     | 164    |   |

----

**4.           SHAREHOLDERS’      EQUITY**

***Subsidiary        Preference Shares -***
** **

***2007        Equity Grant –***

**5.           PROMOTIONAL      ALLOWANCES**

|                                         |   | **For                the three months****ended                June 30,** |   |   | **For                the six months****ended                June 30,** |   |
|----------------------------------------------|--------|--------------------------------------------------------------------------|--------|--------|------------------------------------------------------------------------|--------|
| *Amounts                in thousands*        |   | **2007**                                                                 |   |   | **2006**                                                               |   |   | **2007** |   |   | **2006** |   |
| Food                & Beverage and Hotel |   | $                                                                        | 772    |   |                                                                   | $      | 284 |   |   | $ | 1,461 |   |   | $ | 571 |   |
| Free                Plays or Coupons         |   |                                                                     | 823    |   |                                                                   |   | 323 |   |   |   | 1,611 |   |   |   | 658 |   |
| Player                Points                 |   |                                                                     | 646    |   |                                                                   |   | 377 |   |   |   | 1,357 |   |   |   | 656 |   |
| Total                Promotional Allowances  |   | $                                                                        | 2,241  |   |                                                                   | $      | 984 |   |   | $ | 4,429 |   |   | $ | 1,885 |   |

----

**6.           INCOME      TAXES**

|                                              |   | **For                the three months****ended                June 30,** |   |   | **For                the six months****ended                June 30,** |   |
|---------------------------------------------------|--------|--------------------------------------------------------------------------|--------|--------|------------------------------------------------------------------------|--------|
| *Amounts                in thousands*             |   | **2007**                                                                 |   |   | **2006**                                                               |   |   | **2007** |   |   | **2006** |   |
| Provision                for federal income taxes |   | $                                                                        | (89    | )      |                                                                   | $      | (242 | ) |   | $ | (151 | ) |   | $ | (211 | ) |
| Provision                for state income taxes   |   |                                                                     | (11    | )      |                                                                   |   | (34 | ) |   |   | (20 | ) |   |   | (30 | ) |
| Provision                for foreign income taxes |   |                                                                     | 404    |   |                                                                   |   | 381 |   |   |   | 799 |   |   |   | 702 |   |
| Total                provision for income taxes   |   | $                                                                        | 304    |   |                                                                   | $      | 105 |   |   | $ | 628 |   |   | $ | 461 |   |

|                                                     |   | **For                the three months****ended                June 30,** |   |   | **For                the six months****ended                June 30,** |   |
|----------------------------------------------------------|--------|--------------------------------------------------------------------------|--------|--------|------------------------------------------------------------------------|--------|
|                                                     |   | **2007**                                                                 |   |   | **2006**                                                               |   |   | **2007** |   |   | **2006** |   |
| Federal                income tax statutory rate         |   |                                                                     | 34.0   | %      |                                                                   |   | 34.0 | % |   |   | 34.0 | % |   |   | 34.0 | % |
| Foreign                income taxes                      |   |                                                                     | (51.0  | %)     |                                                                   |   | (57.1 | %) |   |   | (47.9 | %) |   |   | (47.5 | %) |
| State                income tax (net of federal benefit) |   |                                                                     | 0.8    | %      |                                                                   |   | 0.2 | % |   |   | 2.2 | % |   |   | 1.3 | % |
| Losses                assigned to minority partner       |   |                                                                     | 14.1   | %      |                                                                   |   | 11.5 | % |   |   | 11.1 | % |   |   | 9.5 | % |
| Permanent                and other items                 |   |                                                                     | 30.1   | %      |                                                                   |   | 20.2 | % |   |   | 22.8 | % |   |   | 18.7 | % |
| Total                provision for income taxes          |   |                                                                     | 28.0   | %      |                                                                   |   | 8.8 | % |   |   | 22.2 | % |   |   | 16.0 | % |

----

**7.           EARNINGS      PER SHARE**

|   | Basic                and diluted earnings per share for the three and six months ended                June 30,                2007 and 2006 were computed as                follows: |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| * Amounts                in thousands,** except                for share information* |   | **For                the three months****ended                June 30,** |       |   | **For                the six months****ended                June 30,** |   |
|-------------------------------------------------------------------------------------------------|--------|--------------------------------------------------------------------------|------------|--------|------------------------------------------------------------------------|--------|
|                                                                                            |   | **2007**                                                                 |       |   | **2006**                                                               |   |   | **2007** |   |   | **2006** |   |
| Basic                Earnings Per Share:                                                        |   |                                                                     |       |   |                                                                   |   |   |   |   |   |   |   |
| Net                earnings                                                                     |   | $                                                                        | 1,041      |   |                                                                   | $      | 1,331 |   |   | $ | 2,583 |   |   | $ | 3,021 |   |
| Weighted                average common shares                                                   |   |                                                                     | 23,051,067 |   |                                                                   |   | 22,749,798 |   |   |   | 23,039,429 |   |   |   | 22,565,182 |   |
| Basic                earnings per share                                                         |   | $                                                                        | 0.05       |   |                                                                   | $      | 0.06 |   |   | $ | 0.11 |   |   | $ | 0.13 |   |
|                                                                                            |   |                                                                     |       |   |                                                                   |   |   |   |   |   |   |   |   |   |   |   |
| Diluted                Earnings Per Share:                                                      |   |                                                                     |       |   |                                                                   |   |   |   |   |   |   |   |   |   |   |   |
| Net                earnings                                                                     |   | $                                                                        | 1,041      |   |                                                                   | $      | 1,331 |   |   | $ | 2,583 |   |   | $ | 3,021 |   |
| Weighted                average common shares                                                   |   |                                                                     | 23,051,067 |   |                                                                   |   | 22,749,798 |   |   |   | 23,039,429 |   |   |   | 22,565,182 |   |
| Effect                of dilutive securities:                                                   |   |                                                                     |       |   |                                                                   |   |   |   |   |   |   |   |   |   |   |   |
| Stock                options and warrants                                                       |   |                                                                     | 836,855    |   |                                                                   |   | 1,265,966 |   |   |   | 895,974 |   |   |   | 1,399,652 |   |
| Dilutive                potential common shares                                                 |   |                                                                     | 23,887,922 |   |                                                                   |   | 24,015,764 |   |   |   | 23,935,403 |   |   |   | 23,964,834 |   |
| Diluted                earnings per share                                                       |   | $                                                                        | 0.04       |   |                                                                   | $      | 0.06 |   |   | $ | 0.11 |   |   | $ | 0.13 |   |

**8.           SEGMENT        INFORMATION**

|                                                          |   | Long-Lived                Assets* |    |   | Total                Assets     |   |
|---------------------------------------------------------------|--------|-----------------------------------|---------|--------|---------------------------------|--------|
| *Amounts                in thousands*                         |   | June                30,2007       |    |   | December                31,2006 |   |   | June                30,2007 |   |   | December                31,2006 |   |
| Cripple                Creek (Colorado, USA)                  |   | $                                 | 29,165  |   |                            | $      | 29,324 |   |   | $ | 31,585 |   |   | $ | 31,465 |   |
| Central                City (Colorado, USA)                   |   |                              | 43,392  |   |                            |   | 43,952 |   |   |   | 47,076 |   |   |   | 48,661 |   |
| Edmonton                (Alberta, Canada)                     |   |                              | 35,063  |   |                            |   | 31,927 |   |   |   | 41,107 |   |   |   | 39,305 |   |
| Caledon                (South Africa)                         |   |                              | 18,594  |   |                            |   | 17,188 |   |   |   | 20,480 |   |   |   | 19,134 |   |
| Newcastle                (South Africa)                       |   |                              | 23,080  |   |                            |   | 21,499 |   |   |   | 25,060 |   |   |   | 24,535 |   |
| Other                operating:                               |   |                              |    |   |                            |   |   |   |   |   |   |   |   |   |   |   |
|   Casino                Millennium (Czech Republic) |   |                              | 551     |   |                            |   | 496 |   |   |   | 2,095 |   |   |   | 2,166 |   |
|   Cruise                Ships (International)       |   |                              | 1,072   |   |                            |   | 1,032 |   |   |   | 1,697 |   |   |   | 1,839 |   |
| Corporate                                                     |   |                              | 1,409   |   |                            |   | 823 |   |   |   | 18,900 |   |   |   | 30,755 |   |
| **Total**                                                     |   | $                                 | 152,326 |   |                            | $      | 146,241 |   |   | $ | 188,000 |   |   | $ | 197,860 |   |

----

|                                                          |   |  Net                Operating Revenue                       |   |
|---------------------------------------------------------------|--------|------------------------------------------------------------------|--------|
|                                                          |   | For                the three monthsended                June 30, |   |   | For                the six monthsended                June 30, |   |
| *Amounts                in thousands*                         |   | 2007                                                             |   |   | 2006 |   |   | 2007 |   |   | 2006 |   |
| Cripple                Creek (Colorado, USA)                  |   | $                                                                | 4,440  |   |   | $ | 3,968 |   |   | $ | 8,499 |   |   | $ | 7,804 |   |
| Central                City (Colorado, USA)                   |   |                                                             | 5,060  |   |   |   | - |   |   |   | 9,575 |   |   |   | - |   |
| Edmonton                (Alberta, Canada)                     |   |                                                             | 4,480  |   |   |   | 1 |   |   |   | 8,632 |   |   |   | 2 |   |
| Caledon                (South Africa)                         |   |                                                             | 4,414  |   |   |   | 4,662 |   |   |   | 8,798 |   |   |   | 9,433 |   |
| Newcastle                (South Africa)                       |   |                                                             | 3,057  |   |   |   | 2,050 |   |   |   | 5,710 |   |   |   | 2,050 |   |
| Other                operating:                               |   |                                                             |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   Casino                Millennium (Czech Republic) |   |                                                             | 557    |   |   |   | 395 |   |   |   | 1,143 |   |   |   | 395 |   |
|   Cruise                Ships (International)       |   |                                                             | 664    |   |   |   | 780 |   |   |   | 1,370 |   |   |   | 1,639 |   |
| Corporate                                                     |   |                                                             | 1      |   |   |   | 13 |   |   |   | 7 |   |   |   | 22 |   |
| **Total**                                                     |   | $                                                                | 22,673 |   |   | $ | 11,869 |   |   | $ | 43,734 |   |   | $ | 21,345 |   |

|                                                          |   |  Net                Earnings                                |   |
|---------------------------------------------------------------|--------|------------------------------------------------------------------|--------|
|                                                          |   | For                the three monthsended                June 30, |   |   | For                the six monthsended                June 30, |   |
| *Amounts                in thousands*                         |   | 2007                                                             |   |   | 2006 |   |   | 2007 |   |   | 2006 |   |
| Cripple                Creek (Colorado, USA)                  |   | $                                                                | 793    |   |   | $ | 616 |   |   | $ | 1,347 |   |   | $ | 1,169 |   |
| Central                City (Colorado, USA)                   |   |                                                             | 50     |   |   |   | (367 | ) |   |   | (5 | ) |   |   | (367 | ) |
| Edmonton                (Alberta, Canada)                     |   |                                                             | 298    |   |   |   | (75 | ) |   |   | 604 |   |   |   | (64 | ) |
| Caledon                (South Africa)                         |   |                                                             | 844    |   |   |   | 736 |   |   |   | 1,509 |   |   |   | 1,882 |   |
| Newcastle                (South Africa)                       |   |                                                             | 276    |   |   |   | 270 |   |   |   | 537 |   |   |   | 270 |   |
| Other                operating:                               |   |                                                             |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|   Casino                Millennium (Czech Republic) |   |                                                             | (35    | ) |   |   | (81 | ) |   |   | 47 |   |   |   | (81 | ) |
|   Cruise                Ships (International)       |   |                                                             | (98    | ) |   |   | 119 |   |   |   | (16 | ) |   |   | 287 |   |
| Corporate                                                     |   |                                                             | (1,087 | ) |   |   | 113 |   |   |   | (1,440 | ) |   |   | (75 | ) |
| **Total**                                                     |   | $                                                                | 1,041  |   |   | $ | 1,331 |   |   | $ | 2,583 |   |   | $ | 3,021 |   |

**9.           COMMITMENTS,        CONTINGENCIES AND OTHER MATTERS**

***Hermanus      Road Construction***
***–***

----

**Item      2.   MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION      AND**

**RESULTS      OF OPERATIONS**

**Forward-Looking      Statements, Business Environment and Risk Factors**

**OVERVIEW**

----

**ADJUSTED      EBITDA**

|                                                                                   |   | **For                the three months****ended                June 30,** |   |   | **For                the six months****ended                June 30,** |   |
|----------------------------------------------------------------------------------------|--------|--------------------------------------------------------------------------|--------|--------|------------------------------------------------------------------------|--------|
| *Amounts                in thousands*                                                  |   | **2007**                                                                 |   |   | **2006**                                                               |   |   | **2007** |   |   | **2006** |   |
| **Adjusted                EBITDA**                                                     |   |                                                                     |   |   |                                                                   |   |   |   |   |   |   |   |
|         Cripple                Creek, Colorado |   | $                                                                        | 1,678  |   |                                                                   | $      | 1,494 |   |   | $ | 2,971 |   |   | $ | 2,880 |   |
|         Central                City, Colorado  |   |                                                                     | 1,078  |   |                                                                   |   | (730 | ) |   |   | 2,133 |   |   |   | (926 | ) |
| Edmonton,                Canada                                                        |   |                                                                     | 1,162  |   |                                                                   |   | (106 | ) |   |   | 2,145 |   |   |   | (97 | ) |
|         Caledon,                South Africa   |   |                                                                     | 1,797  |   |                                                                   |   | 1,665 |   |   |   | 3,409 |   |   |   | 3,808 |   |
| Newcastle,                South Africa                                                 |   |                                                                     | 1,087  |   |                                                                   |   | 686 |   |   |   | 1,978 |   |   |   | 686 |   |
| All                other operating segments                                            |   |                                                                     | (35    | )      |                                                                   |   | 145 |   |   |   | 223 |   |   |   | 375 |   |
| Corporate                                                                              |   |                                                                     | (2,177 | )      |                                                                   |   | (940 | ) |   |   | (3,063 | ) |   |   | (2,120 | ) |
| Total                Adjusted EBITDA                                                   |   | $                                                                        | 4,590  |   |                                                                   | $      | 2,214 |   |   | $ | 9,796 |   |   | $ | 4,606 |   |

----

**CONSOLIDATED      RESULTS OF OPERATIONS**

|   | · | Our                new casinos in Central City, Colorado, Newcastle, South Africa and                Edmonton, Canada contributed $10.5 million towards the total increase                of                $10.8 million in net operating revenue and contributed $8.4 million                towards the total increase of $9.5 million in net operating                expenses; |
|--------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | Net                interest charges increased $1.2 million primarily due to the interest                charges on bank debt that funded the construction of the three new                casinos; and |
|--------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | Foreign                currency gains decreased $0.4 million primarily due to the recognition                of                approximately $0.3 million in foreign currency gains on the exchange                of                currency for the three month period ended June 30,                2006. |
|--------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | Our                new casinos in Central City, Colorado, Newcastle, South Africa and                Edmonton, Canada contributed $21.9 million towards the total increase                of                $22.4 million in net operating revenue and contributed $17.77 million                towards the total increase of $20.1 million in net operating                expenses; |
|--------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | Net                interest charges increased $2.9 million primarily due to the interest                charges on bank debt that funded the construction of the three new                casinos. |
|--------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | Foreign                currency gains increased $0.4 million, principally due to the recognition                of a foreign currency gain of approximately $0.8 million on cash                used                towards the purchase of a casino holding company in Poland;                and |
|--------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

**CRIPPLE      CREEK, COLORADO**

|                                                                      |   | **For                  the three months****ended                  June 30,** |   | **For                  the six months****ended                  June 30,** |
|---------------------------------------------------------------------------|--------|------------------------------------------------------------------------------|--------|----------------------------------------------------------------------------|
| *Amounts                  in thousands*                                   |   | **2007**                                                                     |   | **2006**                                                                   |   | **2007** |   | **2006** |
| **Operating                  Revenue**                                    |   |                                                                         |   |                                                                       |   |   |   |   |
|      Casino                                      | $      | 4,870                                                                        | $      | 4,371                                                                      | $ | 9,350 | $ | 8,642 |
|      Hotel,                  food and beverage   |   | 357                                                                          |   | 336                                                                        |   | 660 |   | 643 |
|  Other                  (net of promotional allowances)              |   | (787)                                                                        |   | (739)                                                                      |   | (1,511) |   | (1,481) |
| Net                  operating revenue                                    |   | 4,440                                                                        |   | 3,968                                                                      |   | 8,499 |   | 7,804 |
|                                                                      |   |                                                                         |   |                                                                       |   |   |   |   |
| **Costs                  and Expenses**                                   |   |                                                                         |   |                                                                       |   |   |   |   |
|      Casino                                      |   | 1,499                                                                        |   | 1,161                                                                      |   | 2,928 |   | 2,363 |
|      Hotel,                  food and beverage   |   | 413                                                                          |   | 337                                                                        |   | 761 |   | 661 |
|      General                  and administrative |   | 849                                                                          |   | 976                                                                        |   | 1,838 |   | 1,900 |
|      Depreciation                                |   | 395                                                                          |   | 410                                                                        |   | 784 |   | 812 |
|                                                                      |   | 3,156                                                                        |   | 2,884                                                                      |   | 6,311 |   | 5,736 |
| **Earnings                  from operations**                             |   | **1,284**                                                                    |   | **1,084**                                                                  |   | **2,188** |   | **2,068** |
| Interest                  income                                          |   | 1                                                                            |   | 3                                                                          |   | 5 |   | 6 |
| Interest                  (expense)                                       |   | (1)                                                                          |   | (109)                                                                      |   | (18) |   | (203) |
| Other                  (expense), net                                     |   | (1)                                                                          |   | -                                                                          |   | (1) |   | - |
| **Earnings                  before income taxes**                         |   | **1,283**                                                                    |   | **978**                                                                    |   | **2,174** |   | **1,871** |
| Income                  tax expense                                       |   | 490                                                                          |   | 362                                                                        |   | 827 |   | 702 |
| **Net                  Earnings**                                         | **$**  | **793**                                                                      | **$**  | **616**                                                                    | **$** | **1,347** | **$** | **1,169** |
|                                                                      |   |                                                                         |   |                                                                       |   |   |   |   |
| **Reconciliation                  to Adjusted EBITDA:**                   |   |                                                                         |   |                                                                       |   |   |   |   |
| Net                  earnings                                             | $      | 793                                                                          | $      | 616                                                                        | $ | 1,347 | $ | 1,169 |
| Minority                  interest                                        |   | -                                                                            |   | -                                                                          |   | - |   | - |
| Interest                  income                                          |   | (1)                                                                          |   | (3)                                                                        |   | (5) |   | (6) |
| Interest                  expense                                         |   | 1                                                                            |   | 109                                                                        |   | 18 |   | 203 |
| Income                  tax expense                                       |   | 490                                                                          |   | 362                                                                        |   | 827 |   | 702 |
| Depreciation                                                              |   | 395                                                                          |   | 410                                                                        |   | 784 |   | 812 |
| **Adjusted                  EBITDA**                                      | **$**  | **1,678**                                                                    | **$**  | **1,494**                                                                  | **$** | **2,971** | **$** | **2,880** |

----

**Casino      Market Data**

|                                                             | **For                the three months****ended                June 30,** | **For                the six months****ended                June 30,** |
|------------------------------------------------------------------|--------------------------------------------------------------------------|------------------------------------------------------------------------|
|                                                             | **2007**                                                                 | **2006**                                                               | **2007** | **2006** |
| Market                share of the Cripple Creek gaming revenue* |                                                                     | 12.4%                                                                  |   | 11.3% |   | 12.2% |   | 11.5% |
| Average                number of slot machines                   |                                                                     | 593                                                                    |   | 582 |   | 593 |   | 583 |
| Market                share of Cripple Creek gaming devices*     |                                                                     | 12.8%                                                                  |   | 12.3% |   | 12.7% |   | 12.3% |
| Average                slot machine win per day                  |                                                                     | $                88                                                    |   | $                80 |   | $                85 |   | $                80 |
| Cripple                Creek average slot machine win per day*   |                                                                     | $                90                                                    |   | $                85 |   | $                87 |   | $                85 |

**Source:      Colorado Division of Gaming*

**Three      months ended June 30, 2007 compared to 2006**

----

**Six      months ended June 30, 2007 compared to 2006**

----

**CENTRAL      CITY, COLORADO**

|                                                                      |   | **For                  the three months****ended                  June 30,** |   | **For                  the six months****ended                  June 30,** |
|---------------------------------------------------------------------------|--------|------------------------------------------------------------------------------|--------|----------------------------------------------------------------------------|
| *Amounts                  in thousands*                                   |   | **2007**                                                                     |   | **2006**                                                                   |   | **2007** |   | **2006** |
| **Operating                  Revenue**                                    |   |                                                                         |   |                                                                       |   |   |   |   |
|      Casino                                      | $      | 5,535                                                                        | $      | -                                                                          | $ | 10,586 | $ | - |
|      Hotel,                  food and beverage   |   | 605                                                                          |   | -                                                                          |   | 1,171 |   | - |
|  Other                  (net of promotional allowances)              |   | (1,080)                                                                      |   | -                                                                          |   | (2,182) |   | - |
| Net                  operating revenue                                    |   | 5,060                                                                        |   | -                                                                          |   | 9,575 |   | - |
|                                                                      |   |                                                                         |   |                                                                       |   |   |   |   |
| **Costs                     and Expenses**                                |   |                                                                         |   |                                                                       |   |   |   |   |
|      Casino                                      |   | 2,055                                                                        |   | 43                                                                         |   | 4,089 |   | 43 |
|      Hotel,                  food and beverage   |   | 554                                                                          |   | -                                                                          |   | 1,112 |   | - |
|      General                  and administrative |   | 1,372                                                                        |   | 687                                                                        |   | 2,240 |   | 883 |
|      Depreciation                                |   | 721                                                                          |   | -                                                                          |   | 1,411 |   | - |
|                                                                      |   | 4,702                                                                        |   | 730                                                                        |   | 8,852 |   | 926 |
| **Earnings                  (loss) from operations**                      |   | **358**                                                                      |   | **(730)**                                                                  |   | **723** |   | **(926)** |
| Interest                  income                                          |   | -                                                                            |   | -                                                                          |   | - |   | - |
| Interest                  (expense)                                       |   | (729)                                                                        |   | (283)                                                                      |   | (1,655) |   | (485) |
| Other                  income, net                                        |   | (1)                                                                          |   | -                                                                          |   | (1) |   | - |
| **Loss                  before income taxes and minority interest**       |   | **(372)**                                                                    |   | **(1,013)**                                                                |   | **(933)** |   | **(1,411)** |
| Income                  tax expense (benefit)                             |   | 30                                                                           |   | (225)                                                                      |   | (3) |   | (225) |
| **Loss                  before minority interest**                        |   | **(402)**                                                                    |   | **(788)**                                                                  |   | **(930)** |   | **(1,186)** |
| Minority                  Interest                                        |   | 452                                                                          |   | 421                                                                        |   | 925 |   | 819 |
| **Net                  earnings (loss)**                                  | **$**  | **50**                                                                       | **$**  | **(367)**                                                                  | **$** | **(5)** | **$** | **(367)** |
|                                                                      |   |                                                                         |   |                                                                       |   |   |   |   |
| **Reconciliation                  to Adjusted EBITDA:**                   |   |                                                                         |   |                                                                       |   |   |   |   |
| Net                  earnings (loss)                                      | $      | 50                                                                           | $      | (367)                                                                      | $ | (5) | $ | (367) |
| Minority                  interest                                        |   | (452)                                                                        |   | (421)                                                                      |   | (925) |   | (819) |
| Interest                  income                                          |   | -                                                                            |   | -                                                                          |   | - |   | - |
| Interest                  expense                                         |   | 729                                                                          |   | 283                                                                        |   | 1,655 |   | 485 |
| Income                  tax expense (benefit)                             |   | 30                                                                           |   | (225)                                                                      |   | (3) |   | (225) |
| Depreciation                                                              |   | 721                                                                          |   | -                                                                          |   | 1,411 |   | - |
| **Adjusted                  EBITDA**                                      | **$**  | **1,078**                                                                    | **$**  | **(730)**                                                                  | **$** | **2,133** | **$** | **(926)** |

----

|                                                            | **For                the three months****ended                June 30, 2007** | **For                the six months****ended                June 30, 2007** |
|-----------------------------------------------------------------|-------------------------------------------------------------------------------|-----------------------------------------------------------------------------|
| Market                share of the Central City gaming revenue* | 27.0%                                                                         | 26.9%                                                                       |
| Average                number of slot machines                  | 569                                                                           | 568                                                                         |
| Market                share of Central City gaming devices*     | 26.1%                                                                         | 26.0%                                                                       |
| Average                slot machine win per day                 | $                104                                                          | $                100                                                        |
| Central                City average slot machine win per day*   | $                100                                                          | $   97                                                       |

**Source:      Colorado Division of Gaming*

**Three      months ended June 30, 2007 compared to 2006**

**Six      months ended June 30, 2007 compared to 2006**

----

----

**EDMONTON,      CANADA**

|                                                                      |   | **For                  the three months****ended                  June 30,** |   | **For                  the six months****ended                  June 30,** |
|---------------------------------------------------------------------------|--------|------------------------------------------------------------------------------|--------|----------------------------------------------------------------------------|
| *Amounts                  in thousands*                                   |   | **2007**                                                                     |   | **2006**                                                                   |   | **2007** |   | **2006** |
| **Operating                  Revenue**                                    |   |                                                                         |   |                                                                       |   |   |   |   |
|      Casino                                      | $      | 3,417                                                                        | $      | -                                                                          | $ | 6,550 | $ | - |
|      Hotel,                  food and beverage   |   | 957                                                                          |   | -                                                                          |   | 1,847 |   | - |
|  Other                  (net of promotional allowances)              |   | 106                                                                          |   | 1                                                                          |   | 235 |   | 2 |
| Net                  operating revenue                                    |   | 4,480                                                                        |   | 1                                                                          |   | 8,632 |   | 2 |
|                                                                      |   |                                                                         |   |                                                                       |   |   |   |   |
| **Costs                  and Expenses**                                   |   |                                                                         |   |                                                                       |   |   |   |   |
|      Casino                                      |   | 1,224                                                                        |   | 1                                                                          |   | 2,469 |   | 1 |
|      Hotel,                  food and beverage   |   | 841                                                                          |   | 4                                                                          |   | 1,755 |   | 5 |
|      General                  and administrative |   | 1,239                                                                        |   | 86                                                                         |   | 2,258 |   | 105 |
|      Depreciation                                |   | 336                                                                          |   | 4                                                                          |   | 607 |   | 8 |
|                                                                      |   | 3,640                                                                        |   | 95                                                                         |   | 7,089 |   | 119 |
| **Earnings                  (loss) from operations**                      |   | **840**                                                                      |   | **(94)**                                                                   |   | **1,543** |   | **(117)** |
| Interest                  income                                          |   | 6                                                                            |   | 5                                                                          |   | 44 |   | 12 |
| Interest                  (expense)                                       |   | (346)                                                                        |   | -                                                                          |   | (658) |   | (9) |
| Other                  (expense) income, net                              |   | (14)                                                                         |   | (16)                                                                       |   | (5) |   | 12 |
| **Earnings                  (loss) before income taxes**                  |   | **486**                                                                      |   | **(105)**                                                                  |   | **924** |   | **(102)** |
| Income                  tax expense (benefit)                             |   | 188                                                                          |   | (30)                                                                       |   | 320 |   | (38) |
| **Net                  Earnings (loss)**                                  | **$**  | **298**                                                                      | **$**  | **(75)**                                                                   | **$** | **604** | **$** | **(64)** |
|                                                                      |   |                                                                         |   |                                                                       |   |   |   |   |
| **Reconciliation                  to Adjusted EBITDA:**                   |   |                                                                         |   |                                                                       |   |   |   |   |
| Net                  earnings                                             | $      | 298                                                                          | $      | (75)                                                                       | $ | 604 | $ | (64) |
| Minority                  interest                                        |   | -                                                                            |   | -                                                                          |   | - |   | - |
| Interest                  income                                          |   | (6)                                                                          |   | (5)                                                                        |   | (44) |   | (12) |
| Interest                  expense                                         |   | 346                                                                          |   | -                                                                          |   | 658 |   | 9 |
| Income                  tax expense (benefit)                             |   | 188                                                                          |   | (30)                                                                       |   | 320 |   | (38) |
| Depreciation                                                              |   | 336                                                                          |   | 4                                                                          |   | 607 |   | 8 |
| **Adjusted                  EBITDA**                                      | **$**  | **1,162**                                                                    | **$**  | **(106)**                                                                  | **$** | **2,145** | **$** | **(97)** |

| **Average                  exchange rate (CAD/USD)** |   | **1.10** |   | **1.12** |   | **1.13** |   | **1.14** |
|------------------------------------------------------|--------|----------|--------|----------|--------|----------|--------|----------|

----

|                                                                      |    | **For                  the three months****ended                  June 30,** |    | **For                  the six months****ended                  June 30,** |
|---------------------------------------------------------------------------|---------|------------------------------------------------------------------------------|---------|----------------------------------------------------------------------------|
| *Amounts                  in thousands*                                   |    | **2007**                                                                     |    | **2006**                                                                   |   | **2007** |   | **2006** |
| **Operating                  Revenue**                                    |    |                                                                         |    |                                                                       |   |   |   |   |
|      Casino                                      | CAD     | 3,804                                                                        | CAD     | -                                                                          | CAD | 7,374 | CAD | - |
|      Hotel,                  food and beverage   |    | 1,055                                                                        |    | -                                                                          |   | 2,096 |   | - |
|  Other                  (net of promotional allowances)              |    | 113                                                                          |    | 1                                                                          |   | 264 |   | 3 |
| Net                  operating revenue                                    |    | 4,972                                                                        |    | 1                                                                          |   | 9,734 |   | 3 |
|                                                                      |    |                                                                         |    |                                                                       |   |   |   |   |
| **Costs                  and Expenses**                                   |    |                                                                         |    |                                                                       |   |   |   |   |
|      Casino                                      |    | 1,338                                                                        |    | 1                                                                          |   | 2,792 |   | 1 |
|      Hotel,                  food and beverage   |    | 917                                                                          |    | 5                                                                          |   | 1,983 |   | 5 |
|      General                  and administrative |    | 1,346                                                                        |    | 96                                                                         |   | 2,538 |   | 118 |
|      Depreciation                                |    | 381                                                                          |    | 4                                                                          |   | 688 |   | 9 |
|                                                                      |    | 3,982                                                                        |    | 106                                                                        |   | 8,001 |   | 133 |
| **Earnings                  (loss) from operations**                      |    | **990**                                                                      |    | **(105)**                                                                  |   | **1,733** |   | **(130)** |
| Interest                  income                                          |    | 7                                                                            |    | 5                                                                          |   | 52 |   | 13 |
| Interest                  (expense)                                       |    | (373)                                                                        |    | 270                                                                        |   | (737) |   | 431 |
| Other                  income, net                                        |    | 1                                                                            |    | 1                                                                          |   | 2 |   | 1 |
| **Earnings                  before income taxes**                         |    | **625**                                                                      |    | **171**                                                                    |   | **1,050** |   | **315** |
| Income                  tax expense                                       |    | 208                                                                          |    | 58                                                                         |   | 361 |   | 106 |
| **Net                  Earnings**                                         | **CAD** | **417**                                                                      | **CAD** | **113**                                                                    | **CAD** | **689** | **CAD** | **209** |
|                                                                      |    |                                                                         |    |                                                                       |   |   |   |   |
| **Reconciliation                  to Adjusted EBITDA:**                   |    |                                                                         |    |                                                                       |   |   |   |   |
| Net                  earnings                                             | CAD     | 417                                                                          | CAD     | 113                                                                        | CAD | 689 | CAD | 209 |
| Minority                  interest                                        |    | -                                                                            |    | -                                                                          |   | - |   | - |
| Interest                  income                                          |    | (7)                                                                          |    | (5)                                                                        |   | (52) |   | (13) |
| Interest                  expense                                         |    | 373                                                                          |    | (270)                                                                      |   | 737 |   | (431) |
| Income                  tax expense                                       |    | 208                                                                          |    | 58                                                                         |   | 361 |   | 106 |
| Depreciation                                                              |    | 381                                                                          |    | 4                                                                          |   | 688 |   | 9 |
| **Adjusted                  EBITDA**                                      | **CAD** | **1,372**                                                                    | **CAD** | **(100)**                                                                  | **CAD** | **2,423** | **CAD** | **(120)** |

**Three      months ended June 30, 2007 compared to 2006**

**Six      months ended June 30, 2007 compared to 2006**

----

**CALEDON,      SOUTH AFRICA**

|                                                                                               |   | **For                  the three months****ended                  June 30,** |   | **For                  the six months****ended                  June 30,** |
|----------------------------------------------------------------------------------------------------|--------|------------------------------------------------------------------------------|--------|----------------------------------------------------------------------------|
| *Amounts                  in thousands*                                                            |   | **2007**                                                                     |   | **2006**                                                                   |   | **2007** |   | **2006** |
| **Operating                  Revenue**                                                             |   |                                                                         |   |                                                                       |   |   |   |   |
|      Casino                                                               | $      | 3,810                                                                        | $      | 3,934                                                                      | $ | 7,457 | $ | 8,004 |
|      Hotel,                  food and beverage                            |   | 705                                                                          |   | 731                                                                        |   | 1,532 |   | 1,506 |
|  Other                  (net of promotional allowances)                                       |   | (101)                                                                        |   | (3)                                                                        |   | (191) |   | (77) |
| Net                  operating revenue                                                             |   | 4,414                                                                        |   | 4,662                                                                      |   | 8,798 |   | 9,433 |
|                                                                                               |   |                                                                         |   |                                                                       |   |   |   |   |
| **Costs                  and Expenses**                                                            |   |                                                                         |   |                                                                       |   |   |   |   |
|      Casino                                                               |   | 1,486                                                                        |   | 1,551                                                                      |   | 2,895 |   | 3,018 |
|      Hotel,                  food and beverage                            |   | 485                                                                          |   | 489                                                                        |   | 997 |   | 994 |
|      General                  and administrative                          |   | 567                                                                          |   | 921                                                                        |   | 1,199 |   | 1,581 |
|      Impairments                  and other write-offs, net of recoveries |   | 28                                                                           |   | -                                                                          |   | 28 |   | - |
|      Depreciation                                                         |   | 326                                                                          |   | 306                                                                        |   | 644 |   | 603 |
|                                                                                               |   | 2,892                                                                        |   | 3,267                                                                      |   | 5,763 |   | 6,196 |
| **Earnings                  from operations**                                                      |   | **1,522**                                                                    |   | **1,395**                                                                  |   | **3,035** |   | **3,237** |
| Interest                  income                                                                   |   | 33                                                                           |   | 4                                                                          |   | 62 |   | 8 |
| Interest                  (expense)                                                                |   | (183)                                                                        |   | (204)                                                                      |   | (369) |   | (408) |
| Other                  income (expense), net                                                       |   | 6                                                                            |   | (36)                                                                       |   | 6 |   | (32) |
| **Earnings                  before income taxes and preferred dividends**                          |   | **1,378**                                                                    |   | **1,159**                                                                  |   | **2,734** |   | **2,805** |
| Income                  tax expense                                                                |   | 477                                                                          |   | 423                                                                        |   | 949 |   | 923 |
| Preferred                  dividends                                                               |   | 57                                                                           |   | -                                                                          |   | 276 |   | - |
| **Net                  earnings**                                                                  | **$**  | **844**                                                                      | **$**  | **736**                                                                    | **$** | **1,509** | **$** | **1,882** |
|                                                                                               |   |                                                                         |   |                                                                       |   |   |   |   |
| **Reconciliation                  to Adjusted EBITDA:**                                            |   |                                                                         |   |                                                                       |   |   |   |   |
| Net                  earnings                                                                      | $      | 844                                                                          | $      | 736                                                                        | $ | 1,509 | $ | 1,882 |
| Minority                  interest                                                                 |   | -                                                                            |   | -                                                                          |   | - |   | - |
| Interest                  income                                                                   |   | (33)                                                                         |   | (4)                                                                        |   | (62) |   | (8) |
| Interest                  expense                                                                  |   | 183                                                                          |   | 204                                                                        |   | 369 |   | 408 |
| Income                  tax expense                                                                |   | 477                                                                          |   | 423                                                                        |   | 949 |   | 923 |
| Depreciation                                                                                       |   | 326                                                                          |   | 306                                                                        |   | 644 |   | 603 |
| **Adjusted                  EBITDA**                                                               | **$**  | **1,797**                                                                    | **$**  | **1,665**                                                                  | **$** | **3,409** | **$** | **3,808** |

| **Average                  exchange rate (ZAR/USD)** |   | **7.11** |   | **6.44** |   | **7.17** |   | **6.30** |
|------------------------------------------------------|--------|----------|--------|----------|--------|----------|--------|----------|

----

|                                                                                                                             |    | **For                  the three months****ended                  June 30,** |    | **For                  the six months****ended                  June 30,** |
|----------------------------------------------------------------------------------------------------------------------------------|---------|------------------------------------------------------------------------------|---------|----------------------------------------------------------------------------|
| *Amounts                  in thousands*                                                                                          |    | **2007**                                                                     |    | **2006**                                                                   |   | **2007** |   | **2006** |
| **Operating                  Revenue**                                                                                           |    |                                                                         |    |                                                                       |   |   |   |   |
|      Casino                                                                                             | ZAR     | 27,096                                                                       | ZAR     | 25,167                                                                     | ZAR | 53,433 | ZAR | 50,268 |
|      Hotel,                  food and beverage                                                          |    | 5,102                                                                        |    | 4,688                                                                      |   | 10,986 |   | 9,464 |
|  Other                  (net of promotional allowances)                                                                     |    | (976)                                                                        |    | (487)                                                                      |   | (1,725) |   | (493) |
| Net                  operating revenue                                                                                           |    | 31,222                                                                       |    | 29,368                                                                     |   | 62,694 |   | 59,239 |
|                                                                                                                             |    |                                                                         |    |                                                                       |   |   |   |   |
| **Costs                  and Expenses**                                                                                          |    |                                                                         |    |                                                                       |   |   |   |   |
|      Casino                                                                                             |    | 10,564                                                                       |    | 9,985                                                                      |   | 20,738 |   | 19,015 |
|      Hotel,                  food and beverage                                                          |    | 3,473                                                                        |    | 3,096                                                                      |   | 7,149 |   | 6,224 |
|      General                  and administrative                                                        |    | 4,210                                                                        |    | 5,477                                                                      |   | 8,778 |   | 9,984 |
|      Impairments                  and other write-offs, net of recoveries      |    | 200                                                                          |    | -                                                                          |   | 200 |   | - |
|      Depreciation                                                                                       |    | 2,315                                                                        |    | 1,943                                                                      |   | 4,612 |   | 3,769 |
|                                                                                                                             |    | 20,762                                                                       |    | 20,501                                                                     |   | 41,477 |   | 38,992 |
| **Earnings                  from operations**                                                                                    |    | **10,460**                                                                   |    | **8,867**                                                                  |   | **21,217** |   | **20,247** |
| Interest                  income                                                                                                 |    | 234                                                                          |    | 27                                                                         |   | 447 |   | 50 |
| Interest                  (expense)                                                                                              |    | (1,302)                                                                      |    | (1,315)                                                                    |   | (2,648) |   | (2,574) |
| Other                  income (expense), net                                                                                     |    | 43                                                                           |    | (228)                                                                      |   | 45 |   | (210) |
| **Earnings                  before income taxes and preferred dividends**                                                        |    | **9,435**                                                                    |    | **7,351**                                                                  |   | **19,061** |   | **17,513** |
| Income                  tax expense                                                                                              |    | 3,364                                                                        |    | 2,704                                                                      |   | 6,704 |   | 5,791 |
| Preferred                  dividends                                                                                             |    | 408                                                                          |    | -                                                                          |   | 2,000 |   | - |
| **Net                  Earnings**                                                                                                | **ZAR** | **5,663**                                                                    | **ZAR** | **4,647**                                                                  | **ZAR** | **10,357** | **ZAR** | **11,722** |
|                                                                                                                             |    |                                                                         |    |                                                                       |   |   |   |   |
| **Reconciliation                  to Adjusted EBITDA:**                                                                          |    |                                                                         |    |                                                                       |   |   |   |   |
| Net                  earnings                                                                                                    | ZAR     | 5,663                                                                        | ZAR     | 4,647                                                                      | ZAR | 10,357 | ZAR | 11,722 |
| Minority                  interest                                                                                               |    | -                                                                            |    | -                                                                          |   | - |   | - |
| Interest                  income                                                                                                 |    | (234)                                                                        |    | (27)                                                                       |   | (447) |   | (50) |
| Interest                  expense                                                                                                |    | 1,302                                                                        |    | 1,315                                                                      |   | 2,648 |   | 2,574 |
| Income                  tax expense                                                                                              |    | 3,364                                                                        |    | 2,704                                                                      |   | 6,704 |   | 5,791 |
| Depreciation                                                                                                                     |    | 2,315                                                                        |    | 1,943                                                                      |   | 4,612 |   | 3,769 |
| **Adjusted                  EBITDA**                                                                                             | **ZAR** | **12,410**                                                                   | **ZAR** | **10,582**                                                                 | **ZAR** | **23,874** | **ZAR** | **23,806** |

**Casino        Market Data (in Rand)**

|                                                              | **For                  the three months****ended                  June 30,** | **For                  the six months****ended                  June 30,** |
|-------------------------------------------------------------------|------------------------------------------------------------------------------|----------------------------------------------------------------------------|
|                                                              | **2007**                                                                     | **2006**                                                                   | **2007** | **2006** |
| Market                  share of the Western Cape gaming revenue* | 5.1%                                                                         | 6.0%                                                                       | 5.0% | 6.0% |
| Market                  share of Western Cape gaming devices*     | 10.7%                                                                        | 12.7%                                                                      | 10.8% | 12.7% |
| Average                  number of slot machines                  | 363                                                                          | 349                                                                        | 357 | 350 |
| Average                  slot machine win per day                 | ZAR                  768                                                     | ZAR                  741                                                   | ZAR                  772 | ZAR                  738 |
| Average                  number of tables                         | 6                                                                            | 6                                                                          | 6 | 7 |
| Average                  table win per day                        | ZAR                  3,133                                                   | ZAR                  3,013                                                 | ZAR                  3,249 | ZAR                  2,768 |

**Source:        Western Cape Gambling and Racing Board*

----

**Three      months ended June 30, 2007 compared to 2006**

**Six      months ended June 30, 2007 compared to 2006**

----

----

**NEWCASTLE,      SOUTH AFRICA**

|                                                                                                  |   | **For                the three months****ended                June 30,** |   | **For                the six months****ended                June 30,** |
|-------------------------------------------------------------------------------------------------------|--------|--------------------------------------------------------------------------|--------|------------------------------------------------------------------------|
| *Amounts                in thousands*                                                                 |   | **2007**                                                                 |   | **2006**                                                               |   | **2007** |   | **2006*** |
| **Operating                Revenue**                                                                  |   |                                                                     |   |                                                                   |   |   |   |   |
|      Casino                                                                  | $      | 2,696                                                                    | $      | 1,860                                                                  | $ | 5,050 | $ | 1,860 |
|      Hotel,                food and beverage                                 |   | 349                                                                      |   | 198                                                                    |   | 624 |   | 198 |
|  Other                (net of promotional allowances)                                            |   | 12                                                                       |   | (8)                                                                    |   | 36 |   | (8) |
| Net                operating revenue                                                                  |   | 3,057                                                                    |   | 2,050                                                                  |   | 5,710 |   | 2,050 |
|                                                                                                  |   |                                                                     |   |                                                                   |   |   |   |   |
| **Costs                and Expenses**                                                                 |   |                                                                     |   |                                                                   |   |   |   |   |
|      Casino                                                                  |   | 1,057                                                                    |   | 718                                                                    |   | 2,101 |   | 718 |
|      Hotel,                food and beverage                                 |   | 237                                                                      |   | 158                                                                    |   | 474 |   | 158 |
|      General                and administrative                               |   | 667                                                                      |   | 488                                                                    |   | 1,148 |   | 488 |
|      Impairments                and other write-offs, net of recoveries |   | 9                                                                        |   | -                                                                      |   | 9 |   | - |
|      Depreciation                                                            |   | 369                                                                      |   | 106                                                                    |   | 569 |   | 106 |
|                                                                                                  |   | 2,339                                                                    |   | 1,470                                                                  |   | 4,301 |   | 1,470 |
| **Earnings                from operations**                                                           |   | **718**                                                                  |   | **580**                                                                |   | **1,409** |   | **580** |
| Interest                income                                                                        |   | 6                                                                        |   | -                                                                      |   | 8 |   | - |
| Interest                (expense)                                                                     |   | (185)                                                                    |   | (8)                                                                    |   | (369) |   | (8) |
| Other                income, net                                                                      |   | -                                                                        |   | -                                                                      |   | - |   | - |
| **Earnings                before income taxes and minority interest**                                 |   | **539**                                                                  |   | **572**                                                                |   | **1,048** |   | **572** |
| Income                tax expense                                                                     |   | 169                                                                      |   | 173                                                                    |   | 321 |   | 173 |
| **Earnings                before minority interest**                                                  |   | **370**                                                                  |   | **399**                                                                |   | **727** |   | **399** |
| Minority                Interest                                                                      |   | 94                                                                       |   | 129                                                                    |   | 190 |   | 129 |
| **Net                Earnings**                                                                       | **$**  | **276**                                                                  | **$**  | **270**                                                                | **$** | **537** | **$** | **270** |
|                                                                                                  |   |                                                                     |   |                                                                   |   |   |   |   |
| **Reconciliation                to Adjusted EBITDA:**                                                 |   |                                                                     |   |                                                                   |   |   |   |   |
| Net                earnings                                                                           | $      | 276                                                                      | $      | 270                                                                    | $ | 537 | $ | 270 |
| Minority                interest                                                                      |   | 94                                                                       |   | 129                                                                    |   | 190 |   | 129 |
| Interest                income                                                                        |   | (6)                                                                      |   | -                                                                      |   | (8) |   | - |
| Interest                expense                                                                       |   | 185                                                                      |   | 8                                                                      |   | 369 |   | 8 |
| Income                tax expense                                                                     |   | 169                                                                      |   | 173                                                                    |   | 321 |   | 173 |
| Depreciation                                                                                          |   | 369                                                                      |   | 106                                                                    |   | 569 |   | 106 |
| **Adjusted                EBITDA**                                                                    | **$**  | **1,087**                                                                | **$**  | **686**                                                                | **$** | **1,978** | **$** | **686** |

| **Average                exchange rate (ZAR/USD)** |   | **7.11** | **6.44** | **7.17** | **6.44** |
|----------------------------------------------------|--------|----------|----------|----------|----------|

----

|                                                                                             |    | **For                the three months****ended                June 30,** |    | **For                the six months****ended                June 30,** |
|--------------------------------------------------------------------------------------------------|---------|--------------------------------------------------------------------------|---------|------------------------------------------------------------------------|
| *Amounts                in thousands*                                                            |    | **2007**                                                                 |    | **2006**                                                               |   | **2007** |   | **2006*** |
| **Operating                Revenue**                                                             |    |                                                                     |    |                                                                   |   |   |   |   |
|      Casino                                                             | ZAR     | 19,166                                                                   | ZAR     | 11,970                                                                 | ZAR | 36,176 | ZAR | 11,970 |
|      Hotel,                food and beverage                            |    | 2,482                                                                    |    | 1,275                                                                  |   | 4,469 |   | 1,275 |
|  Other                (net of promotional allowances)                                       |    | 78                                                                       |    | (57)                                                                   |   | 255 |   | (57) |
| Net                operating revenue                                                             |    | 21,726                                                                   |    | 13,188                                                                 |   | 40,900 |   | 13,188 |
|                                                                                             |    |                                                                     |    |                                                                   |   |   |   |   |
| **Costs                and Expenses**                                                            |    |                                                                     |    |                                                                   |   |   |   |   |
|      Casino                                                             |    | 7,513                                                                    |    | 4,621                                                                  |   | 15,055 |   | 4,621 |
|      Hotel,                food and beverage                            |    | 1,687                                                                    |    | 1,013                                                                  |   | 3,395 |   | 1,013 |
|      General                and administrative                          |    | 5,064                                                                    |    | 3,095                                                                  |   | 8,850 |   | 3,095 |
|      Impairments                and other write-offs, net of recoveries |    | 63                                                                       |    | -                                                                      |   | 63 |   | - |
|      Depreciation                                                       |    | 2,628                                                                    |    | 663                                                                    |   | 4,068 |   | 663 |
|                                                                                             |    | 16,955                                                                   |    | 9,392                                                                  |   | 31,431 |   | 9,392 |
| **Earnings                from operations**                                                      |    | **4,771**                                                                |    | **3,796**                                                              |   | **9,469** |   | **3,796** |
| Interest                income                                                                   |    | 39                                                                       |    | -                                                                      |   | 57 |   | - |
| Interest                (expense)                                                                |    | (1,314)                                                                  |    | (61)                                                                   |   | (2,653) |   | (61) |
| Other                income, net                                                                 |    | -                                                                        |    | -                                                                      |   | - |   | - |
| **Earnings                before income taxes and minority interest**                            |    | **3,496**                                                                |    | **3,735**                                                              |   | **6,873** |   | **3,735** |
| Income                tax expense                                                                |    | 1,105                                                                    |    | 1,131                                                                  |   | 2,118 |   | 1,131 |
| **Earnings                before minority interest**                                             |    | **2,391**                                                                |    | **2,604**                                                              |   | **4,755** |   | **2,604** |
| Minority                Interest                                                                 |    | 668                                                                      |    | 840                                                                    |   | 1,367 |   | 840 |
| **Net                Earnings**                                                                  | **ZAR** | **1,723**                                                                | **ZAR** | **1,764**                                                              | **ZAR** | **3,388** | **ZAR** | **1,764** |
|                                                                                             |    |                                                                     |    |                                                                   |   |   |   |   |
| **Reconciliation                to Adjusted EBITDA:**                                            |    |                                                                     |    |                                                                   |   |   |   |   |
| Net                earnings                                                                      | ZAR     | 1,723                                                                    | ZAR     | 1,764                                                                  | ZAR | 3,388 | ZAR | 1,764 |
| Minority                interest                                                                 |    | 668                                                                      |    | 840                                                                    |   | 1,367 |   | 840 |
| Interest                income                                                                   |    | (39)                                                                     |    | -                                                                      |   | (57) |   | - |
| Interest                expense                                                                  |    | 1,314                                                                    |    | 61                                                                     |   | 2,653 |   | 61 |
| Income                tax expense                                                                |    | 1,105                                                                    |    | 1,131                                                                  |   | 2,118 |   | 1,131 |
| Depreciation                                                                                     |    | 2,628                                                                    |    | 663                                                                    |   | 4,068 |   | 663 |
| **Adjusted                EBITDA**                                                               | **ZAR** | **7,399**                                                                | **ZAR** | **4,459**                                                              | **ZAR** | **13,537** | **ZAR** | **4,459** |

----

**Casino      Market Data (in Rand)**

|                                                             | **For                the three months****ended                June 30,** | **For                the six months****ended                June 30,** |
|------------------------------------------------------------------|--------------------------------------------------------------------------|------------------------------------------------------------------------|
|                                                             | **2007**                                                                 | **2006**                                                               | **2007** | **2006** |
| Market                share of the KwaZulu-Natal gaming revenue* | 3.6%                                                                     | 2.9%                                                                   | 3.5% | 2.9% |
| Market                share of KwaZulu-Natal gaming devices*     | 7.9%                                                                     | 6.3%                                                                   | 7.9% | 6.3% |
| Average                number of slot machines                   | 250                                                                      | 200                                                                    | 250 | 200 |
| Average                slot machine win per day                  | ZAR                753                                                   | ZAR                572                                                 | ZAR                718 | ZAR                572 |
| Average                number of tables                          | 7                                                                        | 7                                                                      | 7 | 7 |
| Average                table win per day                         | ZAR                3,211                                                 | ZAR                2,434                                               | ZAR                2,923 | ZAR                2,434 |

**Source:      KwaZulu-Natal Gambling Board*

**Three      months ended June 30, 2007 compared to 2006**

**Six      months ended June 30, 2007**

----

**ALL      OTHER OPERATING SEGMENTS**

|                                                                                                                  |   | **For                the three months****ended                June 30,** |   | **For                the six months****ended                June 30,** |
|-----------------------------------------------------------------------------------------------------------------------|--------|--------------------------------------------------------------------------|--------|------------------------------------------------------------------------|
| *Amounts                in thousands*                                                                                 |   | **2007**                                                                 |   | **2006**                                                               |   | **2007** |   | **2006** |
| **Operating                Revenue**                                                                                  |   |                                                                     |   |                                                                   |   |   |   |   |
|      Casino                                                                                  | $      | 1,161                                                                    | $      | 1,095                                                                  | $ | 2,385 | $ | 1,900 |
|      Hotel,                food and beverage                                                 |   | 6                                                                        |   | 7                                                                      |   | 12 |   | 7 |
|      Other                (net of promotional allowances)                                    |   | 54                                                                       |   | 73                                                                     |   | 116 |   | 127 |
| Net                operating revenue                                                                                  |   | 1,221                                                                    |   | 1,175                                                                  |   | 2,513 |   | 2,034 |
|                                                                                                                  |   |                                                                     |   |                                                                   |   |   |   |   |
| **Costs                and Expenses**                                                                                 |   |                                                                     |   |                                                                   |   |   |   |   |
|      Casino                                                                                  |   | 1,152                                                                    |   | 883                                                                    |   | 2,086 |   | 1,511 |
|      Hotel,                food and beverage                                                 |   | 12                                                                       |   | 12                                                                     |   | 26 |   | 12 |
|      General                and administrative                                               |   | 87                                                                       |   | 109                                                                    |   | 187 |   | 109 |
|       Impairments                and other write-offs, net                of recoveries |   | 3                                                                        |   | -                                                                      |   | (12) |   | - |
|      Depreciation                                                                            |   | 103                                                                      |   | 93                                                                     |   | 202 |   | 149 |
|                                                                                                                  |   | 1,357                                                                    |   | 1,097                                                                  |   | 2,489 |   | 1,781 |
| **(Loss)                earnings from operations**                                                                    |   | **(136)**                                                                |   | **78**                                                                 |   | **24** |   | **253** |
| Interest                income                                                                                        |   | 1                                                                        |   | 3                                                                      |   | 9 |   | 3 |
| Interest                (expense)                                                                                     |   | -                                                                        |   | (13)                                                                   |   | - |   | (14) |
| Other                (expense), net                                                                                   |   | (2)                                                                      |   | (26)                                                                   |   | (3) |   | (27) |
| **(Loss)                earnings before income taxes**                                                                |   | **(137)**                                                                |   | **42**                                                                 |   | **30** |   | **215** |
| Income                tax (benefit) expense                                                                           |   | (4)                                                                      |   | 4                                                                      |   | (1) |   | 9 |
| **Net                (Loss) earnings**                                                                                | **$**  | **(133)**                                                                | **$**  | **38**                                                                 | **$** | **31** | **$** | **206** |
|                                                                                                                  |   |                                                                     |   |                                                                   |   |   |   |   |
| **Reconciliation                to Adjusted EBITDA:**                                                                 |   |                                                                     |   |                                                                   |   |   |   |   |
| Net                (loss) earnings                                                                                    | $      | (133)                                                                    | $      | 38                                                                     | $ | 31 | $ | 206 |
| Minority                interest                                                                                      |   | -                                                                        |   | -                                                                      |   | - |   | - |
| Interest                income                                                                                        |   | (1)                                                                      |   | (3)                                                                    |   | (9) |   | (3) |
| Interest                expense                                                                                       |   | -                                                                        |   | 13                                                                     |   | - |   | 14 |
| Income                tax (benefit) expense                                                                           |   | (4)                                                                      |   | 4                                                                      |   | (1) |   | 9 |
| Depreciation                                                                                                          |   | 103                                                                      |   | 93                                                                     |   | 202 |   | 149 |
| **Adjusted                EBITDA**                                                                                    | **$**  | **(35)**                                                                 | **$**  | **145**                                                                | **$** | **223** | **$** | **375** |

----

**Three      months ended June 30, 2007 compared to 2006**

----

**Six      months ended June 30, 2007 compared to 2006**

----

**CORPORATE**

|                                                               | **For                the three months****ended                June 30,** | **For                the six months****ended                June 30,** |
|--------------------------------------------------------------------|--------------------------------------------------------------------------|------------------------------------------------------------------------|
| *Amounts                in thousands*                              | **2007**                                                                 | **2006**                                                               | **2007** | **2006** |
| **Operating                Revenue**                               |                                                                     |                                                                   |   |   |   |   |   |   |
| Other                                                              | $                                                                        | 1                                                                      | $ | 13 | $ | 7 | $ | 22 |
| Net                operating revenue                               |                                                                     | 1                                                                      |   | - |   | 7 |   | 22 |
|                                                               |                                                                     |                                                                   |   |   |   |   |   |   |
| **Costs                and Expenses**                              |                                                                     |                                                                   |   |   |   |   |   |   |
| General                and administrative                          |                                                                     | 2,203                                                                  |   | 1,249 |   | 3,915 |   | 2,493 |
| Impairments                and other write-offs, net of recoveries |                                                                     | -                                                                      |   | 7 |   | - |   | 15 |
| Depreciation                                                       |                                                                     | 54                                                                     |   | 14 |   | 106 |   | 27 |
|                                                               |                                                                     | 2,257                                                                  |   | 1,270 |   | 4,021 |   | 2,535 |
| Earnings                from unconsolidated subsidiary             |                                                                     | 54                                                                     |   | - |   | 54 |   | - |
| **Loss                from operations**                            |                                                                     | **(2,202)**                                                            |   | **(1,257)** |   | **(3,960)** |   | **(2,513)** |
| Interest                income                                     |                                                                     | 396                                                                    |   | 304 |   | 589 |   | 771 |
| Interest                (expense), net                             |                                                                     | (255)                                                                  |   | 206 |   | (562) |   | 309 |
| Other (expense)                income, net                    |                                                                     | (29)                                                                   |   | 303 |   | 791 |   | 366 |
| **Loss                before income taxes and minority interest**  |                                                                     | **(2,090)**                                                            |   | **(444)** |   | **(3,142)** |   | **(1,067)** |
| Income                tax benefit                                  |                                                                     | (1,046)                                                                |   | (602) |   | (1,785) |   | (1,083) |
| Minority                interest                                   |                                                                     | 43                                                                     |   | 45 |   | 83 |   | 91 |
| **Net                Loss**                                        | **$**                                                                    | **(1,087)**                                                            | **$** | **113** | **$** | **(1,440)** | **$** | **(75)** |
|                                                               |                                                                     |                                                                   |   |   |   |   |   |   |
| **Reconciliation                to Adjusted EBITDA:**              |                                                                     |                                                                   |   |   |   |   |   |   |
| Net                loss                                            |  $                                                                  | (1,087)                                                                |  $ | 113 |  $ | (1,440) |  $ | (75) |
| Minority                interest                                   |                                                                     | 43                                                                     |   | 45 |   | 83 |   | 91 |
| Interest                income                                     |                                                                     | (396)                                                                  |   | (304) |   | (589) |   | (771) |
| Interest                expense                                    |                                                                     | 255                                                                    |   | (206) |   | 562 |   | (309) |
| Income                tax benefit                                  |                                                                     | (1,046)                                                                |   | (602) |   | (1,785) |   | (1,083) |
| Depreciation                                                       |                                                                     | 54                                                                     |   | 14 |   | 106 |   | 27 |
| **Adjusted                EBITDA**                                 | **$**                                                                    | **(2,177)**                                                            | **$** | **(940)** | **$** | **(3,063)** | **$** | **(2,120)** |

----

**Three      months ended June 30, 2007 compared to 2006**

**Six      months ended June 30, 2007 compared to 2006**

----

----

**LIQUIDITY      AND CAPITAL RESOURCES**

*Cash      Flows*

----

*Common        Stock Repurchase        Program*

*Sources        of Liquidity*

*Short-Term        Liquidity and Capital Requirements*

----

**Item      3.                      QUANTITATIVE      AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK**

**Item      4.                      CONTROLS      AND PROCEDURES**

***Evaluation      of Disclosure Controls and Procedures –***

***Changes      in Internal Control Over Financial Reporting –***

----

**PART      II - OTHER INFORMATION**

**Item      4. – Submission of Matters to a Vote of Security Holders**

**Item      6. – Exhibits**

| 3.1  | Certificate                of Incorporation is hereby incorporated by reference to Century Casinos’                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 Century Casinos’ 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 the Company and the                American Securities Transfer & Trust, Inc., as Rights Agent, is hereby                incorporated by reference from Exhibit 1 to Century Casinos 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 Century Casinos’                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 Century Casinos’ 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.                                                                                                                                                                                                                                                                       |

----

**SIGNATURES:**

----

| **Exhibit                No.** | **Document**                                                                                                                                                                                                                                                                                                                                                                                           |
|--------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 3.1                            | Certificate                of Incorporation is hereby incorporated by reference to Century Casinos’                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 Century Casinos’ 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 the Company and the                American Securities Transfer & Trust, Inc., as Rights Agent, is hereby                incorporated by reference from Exhibit 1 to Century Casinos 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 Century Casinos’                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 Century Casinos’ 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.                                                                                                                                                                                                                                                                       |