Century Casino Selling Land and Buildings in Calgary

Century Casino Selling Land and Buildings in Calgary



 Century Casino Inc. today announced that its subsidiary Century Resort Alberta entered into a definitive agreement to sell the land and buildings it owns in Calgary, Alberta, Canada, on January 12, 2022, to Rowanwood Financial Properties Inc. for 8.1 million CAD ($6.5 million exchange rate as of January 12, 2022). The buyer has paid CAD 0.7 million in connection with the sale, with the remaining 7.4 million CAD paid at closing, adjusting for property tax and other real estate-related revenues and expenses.


The CRA sold the casino operations of Century Casino Calgary located on the property on Dec. 1, 2020, and leased part of the property that included the casino site to the buyer. The CRA continues to operate Century Sports, a sports bar, bowling, and entertainment facility located on part of the property. Upon closing, the CRA will suspend Century Sports operations and transfer the lease on the casino site to the buyer. 에볼루션 바카라사이트


The transaction is expected to close within 30 days.

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