Item 1.01 Entry Into a Material Definitive Agreement

On October 11, 2012, Century Casinos, Inc.'s subsidiary Century Casinos Europe GmbH, signed an agreement with LOT Polish Airlines to acquire an additional 33.3% ownership interest in Casinos Poland Ltd ("CPL"), the owner and operator of eight casinos in Poland.

The transaction is subject to approval from the Polish Minister of Finance and the co-shareholder in CPL. There is no assurance that the company will obtain the needed approvals or as to the timing of such approvals. Upon closing of the transaction, the company will own a 66.6% ownership interest in CPL.

The purchase price is PLN 21,500 million (approximately USD 6.8 million based on the exchange rate in effect on October 10, 2012). The company intends to pay for the investment with cash on hand.

Item 7.01 Regulation FD Disclosure.

On October 11, 2012, the company issued a press release announcing the agreement to purchase an additional 33.3% ownership in CPL. A copy of the press release is furnished herewith as Exhibit 99.1

Item 9.01 Financial Statements and Exhibits.

(c) Exhibits

99.1
Century Casinos, Inc. press release announcing an agreement to purchase an additional 33.3% ownership in CPL.