Core Viewpoint - Century Casinos, Inc. has entered a long-term agreement with BetMGM to introduce BetMGM's sports betting platform in Missouri, enhancing its market presence and revenue potential [1][2][3]. Group 1: Agreement Details - BetMGM will operate an online and mobile sports betting application under Century's license in Missouri, including a percentage of net gaming revenue payable to Century with a guaranteed minimum [2]. - The agreement also allows for retail sportsbook options to be exercised at Century's discretion [2]. Group 2: Company Statements - Century Casinos' Co-CEOs expressed excitement about the partnership with BetMGM, highlighting it as a step forward in leveraging their Missouri licenses and providing premium entertainment experiences [3]. - The agreement is contingent upon obtaining all necessary gaming licenses and regulatory approvals [3]. Group 3: Company Overview - Century Casinos operates various casino entertainment properties across the United States, Canada, and Poland, with a focus on expanding its portfolio [5]. - The company trades on The Nasdaq Capital Market under the symbol CNTY [6].

Acquisition and Partnership Highlights - Bally's will acquire 100% ownership of BetWorks for $125 million, with 50% in cash and 50% in equity[8] - Bally's and Sinclair are entering into a media partnership, integrating Bally's content into Sinclair's broadcast stations and sports networks[8] - Sinclair will receive warrants and options to own a minority stake in Bally's[8] Market Opportunity - Bally's is positioned to capture a significant share of the ~$50 billion U S sports betting and iGaming market opportunity[27] - The U S online sports betting and iGaming market is estimated to reach $2 6 billion in 2020[28] - The U S online sports betting and iGaming market generated $1 0 billion in 2019[28] Sinclair Broadcast Group Overview - Sinclair Broadcast Group has coverage of ~70% of total U S households[32] - Sinclair's RSNs broadcast over 4,600 professional sports games per year[35] - Sinclair owns, operates, and/or provides services to 190 television stations[39] Bally's Strategic Positioning - Bally's has a strategic footprint in states that have generated ~80% of the US sports betting revenues[13] - Bally's database size is ~14 million[14]