Century Casinos : Company Presentation Q2 2023

INVESTOR PRESENTATION

Peter Hoetzinger, Co CEO & President Results through Q2 2023

Forward-Looking Statements, Business Environment,

Risk Factors & Notes on Presentation

This presentation may contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and the Private Securities Litigation Reform Act of 1995. In addition, Century Casinos, Inc. (together with its subsidiaries, the "Company", "we", "us", "our") may make other written and oral communications from time to time that contain such statements. Forward-looking statements include statements as to industry trends and future expectations of the Company and other matters that do not relate strictly to historical facts and are based on certain assumptions by management at the time such statements are made. Forward-looking statements in this presentation include statements regarding the hotel and casino projects in Missouri, future results of operations, including statements about operating margins, the impact of the coronavirus (COVID-19) pandemic, the adequacy of cash flows from operations and available cash to meet our future liquidity needs, operating efficiencies, synergies and operational performance, the prospects for and timing and costs of new projects, projects in development and other opportunities, the Goldman Credit Agreement (as defined herein) and obligations under our Master Lease (as defined herein) and the ability to repay debt and other obligations, investments in joint ventures, outcomes of legal proceedings, changes in our tax provisions or exposure to additional income tax liabilities, certain plans, expectations, goals, projections, and statements about the Nugget Acquisition (as defined herein) and Rocky Gap Acquisition (as defined herein); potential adverse reactions or changes to business or employee relationships, including those resulting from the completion of the Nugget Acquisition or Rocky Gap Acquisition; the possibility that the anticipated benefits of the Nugget Acquisition or Rocky Gap Acquisition are not realized when expected or at all and plans for our casinos and our Company. These statements are often identified by the use of words such as "may," "will," "expect," "believe," "anticipate," "intend," "could," "estimate," or "continue," and similar expressions or variations. These statements are based on the beliefs and assumptions of the management of the Company based on information currently available to management. Such forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from future results expressed or implied by such forward-looking statements. Important factors that could cause actual results to differ materially from the forward- looking statements include, among others, the risks described in the section entitled "Risk Factors" under Item 1A in our Annual Report on Form 10-K for the year ended December 31, 2022 (the "2022 Annual Report"), in our Quarterly Report on Form 10-Q for the quarter ended March 31, 2023, and our subsequent periodic and current reports filed with the SEC. We caution the reader to carefully consider such factors. Furthermore, such forward-looking statements speak only as of the date on which such statements are made. We undertake no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statements.

TERMS AND DEFINITIONS

Certain terms and definitions are used in this presentation. A list of these terms and definitions is contained in the Appendix. In addition, the names of the Company's subsidiaries and certain operating segments, some of which have changed, are abbreviated on certain of the following slides. See Appendix for a list of the subsidiaries and their abbreviations.

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Key Investment Highlights

• Founded in 1992, Century Casinos is a multi-channel gaming company with focus on drive-to U.S. markets
• Casinos located in attractive markets with limited new competition risk
• Regional and local customer base. Majority of revenue comes from guests who live within a one-hourdrive of our casinos
• Century's management team owns 14%1 of CNTY and has 100+ years experience having operated 100+ casinos in 20+ countries
• Substantial growth drivers and cash-flow drivers:
  Acquisition of Nugget Casino Resort in Reno, NV
  Acquisition of Rocky Gap Casino, Resort & Golf operations,
  MD
  Century Casino Caruthersville, MO, moving to land-based casino
  Hotel development at Century Casino Cape Girardeau, MO
  Sale and leaseback of Canada real estate assets to VICI (pending)

1. Including unexercised stock options.

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Multi-Channel North American Gaming Company1

Land-based Casinos (USA and Canada)

The online world and the land-based casino world co-exist successfully.

Racing and On/Off-Track Betting

Give online customers a better experience and social excitement when they visit land- based casino properties.

Sportsbook (Retail & Online) and iGaming

The different experiences are

complementary and enhance each other.

1. As of July 25, 2023.

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Century's North American Property Footprint1

Diversified Local Gaming Footprint in Drive-to Markets

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1. As of July 25, 2023.