Century Casinos Acquisition Of Mountaineer To Go Ahead

Century Casinos has obtained permission from the West Virginia Lottery Commission for the acquisition of Mountaineer Casino, Racetrack and Resort from Eldorado Resorts.

Mountaineer is a hotel, casino, leisure and live horse racing venue situated in New Cumberland, West Virginia, one hour from central Pittsburgh, Pennsylvania. The establishment opened to the public in 1951 with the casino opening in 1994, the property features a 357-room hotel, roughly 1,486 slot machines, 36 table games, a poker room, a racetrack and five dining facilities.

Century entered into a final agreement with Eldorado to purchase the property in June 2019 alongside Isle Casino Cape Girardeau and Lady Luck Caruthersville, located in Missouri, for approximately $107 m.

The project, which is supposed to close in late 2020, is subject to the authorisation of the Missouri Gaming Commission and other usual closing requirements.