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Century Casinos acquires stake in Argentinean gaming supplier

6th November 2014 1:59 pm GMT

Casino operator Century Casinos has entered into a strategic partnership with Argentinean gaming supplier Mendoza Central Entretenimientos (MCE), as it looks to increase its presence in Argentina's land-based and online gaming market.

As part of the deal, Century Casinos has acquired a 7.5 per cent stake in MCE for US$1m. The company has also agreed a three-year option to increase its stake in the supplier to 50 per cent, at a price equal to five times [...]

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