CRIPPLE CREEK, Colo., April 4 /PRNewswire-FirstCall/ -- Century Casinos, Inc. (NASDAQ:CNTY) announced today that the Company has signed a Casino Concession Agreement with Oceania Cruises, a new Miami based cruise line catering to the upper premium segment of the cruise market. Oceania Cruises features two luxurious 684 passenger ships, the Insignia and the Regatta. The Company entered into a casino concession agreement for Oceania's two ships, with a first right of refusal for any new ship brought into service.

"Century Casinos was the operator of choice," said Mr. Robin Lindsay, Senior Vice-President of Oceania Cruises. "The Company has earned an excellent reputation providing casino operations to the high-end cruise market."

"We are excited about our promising new relationship with Oceania Cruises," said Erwin Haitzmann, Chairman and CEO of the Company. "The alliance with Oceania Cruises is a natural addition to our casino operations aboard Silversea Cruises' luxury vessels and The World of ResidenSea's exclusive upscale resort at sea."

The casinos on each vessel will initially consist of approximately five gaming tables and thirty-six slot machines. The first vessel is scheduled to set sail in late April 2003, with the second vessel following in late summer. For more information about Oceania Cruises, visit their website at www.oceaniacruises.com .


About Century Casinos, Inc:

Century Casinos is an international casino company that owns and operates Womacks Casino and Hotel in Cripple Creek, Colorado; owns and operates The Caledon Casino, Hotel & Spa near Cape Town, South Africa; operates the casinos aboard the ultra-luxury vessels of Silversea Cruises and The World of ResidenSea; and manages the Millennium Casino in the Marriott Hotel in Prague, Czech Republic. The Company continues to pursue other international projects in various stages of development.

The address for the U.S. offices is 157 E. Warren Ave. (P.O. Box 1006), Cripple Creek, CO, 80813. Telephone: (719) 689-9100. Fax: (719) 689-5782. E-Mail: investor@cnty.com . For more information about Century Casinos, visit the Company's web site at www.centurycasinos.com . Century Casinos' common stock trades on The NASDAQ Stock Market(R) under the symbol CNTY.

This release may contain forward-looking statements that involve risks and uncertainties. Among the other important factors which could cause actual results to differ materially from those in the forward-looking statements are economic, competitive, and governmental factors affecting the company's operations, markets, services and prices, as well as other factors detailed in the Company's filings with the Securities and Exchange Commission, including its recent filings on Forms 10-K, 10-Q, and 8K. Century Casinos disclaims any obligation to revise or update any forward-looking statement that may be made from time to time by it or on its behalf.

Source: Century Casinos, Inc.