Casinos in Alberta - Alberta Gambling Research Institute - University ...
Casinos in Alberta - Alberta Gambling Research Institute - University ...
Casinos in Alberta - Alberta Gambling Research Institute - University ...
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Century Cas<strong>in</strong>o & Hotel (Edmonton)<br />
13103 Fort Road<br />
Edmonton, AB<br />
T5A 1C3<br />
CASINO WEBSITE:<br />
http://www.centurycas<strong>in</strong>os.com/<br />
SIZE: 35,000-square-feet<br />
TABLE GAMES: 31<br />
SLOT MACHINES: 600<br />
POKER ROOM: Yes (6)<br />
AMENITIES: d<strong>in</strong>ner theatre,<br />
underground park<strong>in</strong>g, and 26-<br />
room hotel.<br />
OTHER: The complex<br />
employs approximately 400 full<br />
and part-time employees.<br />
DESCRIPTION<br />
The Century Cas<strong>in</strong>o & Hotel is one of Edmonton's first “dest<strong>in</strong>ationstyle<br />
cas<strong>in</strong>os” and offers 600 slot mach<strong>in</strong>es, 31 table games, food and<br />
beverage amenities, a d<strong>in</strong>ner theatre, a 300 space underground park<strong>in</strong>g<br />
garage and a 26-room hotel. It is located <strong>in</strong> northeast Edmonton.<br />
A second phase of project will <strong>in</strong>clude an expansion of the hotel to 100<br />
rooms and a 10,000 square foot convention centre.<br />
HISTORY<br />
The Century Cas<strong>in</strong>o & Hotel opened <strong>in</strong> November 2006 on the site of<br />
the old Londonderry Hotel at a cost of approximately $35.8-million. It<br />
was orig<strong>in</strong>ally to be called the Celebrations Cas<strong>in</strong>o and Hotel.<br />
OWNERSHIP & MANAGEMENT<br />
Century Cas<strong>in</strong>o is owned and operated by Century <strong>Cas<strong>in</strong>os</strong> of Vienna,<br />
Austria. The company trades on the NASDAQ and Vienna stock<br />
exchanges. It owns and operates cas<strong>in</strong>os <strong>in</strong> South Africa, Czech<br />
Republic and Colorado, U.S.A. The company also operates three<br />
cas<strong>in</strong>os on cruise ships. Century become the sole owner of the property<br />
when it bought out a 43.6% <strong>in</strong>terest held by a non-affiliated m<strong>in</strong>ority<br />
partner <strong>in</strong> December, 2005.<br />
RECENT EVENTS<br />
The Century Cas<strong>in</strong>o & Hotel opened <strong>in</strong> November 2006 at a cost of<br />
approximately $35.8-million.<br />
In October, 2006, the River Cree Resort and Cas<strong>in</strong>o opened on the<br />
Enoch reserve just west of the City of Edmonton.<br />
COMPETITION<br />
Century Cas<strong>in</strong>o operates <strong>in</strong> competition with four exist<strong>in</strong>g traditional<br />
Edmonton cas<strong>in</strong>os, one Edmonton rac<strong>in</strong>o, and a First Nation cas<strong>in</strong>o on<br />
the Enoch reserve just west of the city limits. A seventh competitor is<br />
located <strong>in</strong> St. Albert, a city adjacent to Edmonton.<br />
FOR FURTHER INFORMATION:<br />
Century <strong>Cas<strong>in</strong>os</strong> web site<br />
<br />
Cas<strong>in</strong>o ready to deal from northeast location; [F<strong>in</strong>al Edition]<br />
Ron Chalmers. Edmonton Journal. Edmonton, Alta.: Nov 16, 2006. pg.<br />
E.1.<br />
25