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[SCHEDULE 13G/A] Century Casinos Inc SEC Filing

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G/A
Rhea-AI Filing Summary

Royce & Associates LP (RALP) filed Amendment No. 7 to Schedule 13G revealing an 8.41 % passive stake in Century Casinos, Inc. (CNTY) as of 30 June 2025. The investment adviser reports beneficial ownership of 2,580,155 common shares, holding sole voting and dispositive power over the entire position; no shares are held jointly. The holding is maintained on behalf of multiple investment-management clients and, per the certification, was acquired in the ordinary course and not to influence control of the issuer. RALP, an indirect subsidiary of Franklin Resources, Inc., states that internal information barriers separate its investment decisions from other Franklin affiliates; therefore no other affiliate or Franklin principal shareholder is deemed a beneficial owner. Crossing the 5 % threshold obliges public disclosure, but the stake remains below 10 %, limiting any governance impact. Investors may interpret the rising institutional ownership as confidence in CNTY while remaining aware that future portfolio rebalancing by RALP could introduce selling pressure.

Positive
  • Institutional ownership rises to 8.41 %, which can broaden analyst coverage and enhance share liquidity.
Negative
  • Potential future selling pressure if Royce & Associates rebalances, as the passive stake is not tied to long-term strategic involvement.

Insights

TL;DR: Passive 8.4 % stake adds institutional support but no control intentions.

Royce & Associates’ position places CNTY on more buy-lists, potentially improving liquidity and valuation multiples. However, as a passive investment adviser, RALP can exit without notice, so the stake does not alter strategic direction. The filing is mainly informative, signalling modestly positive sentiment rather than a transformational event.

TL;DR: Ownership crosses 5 %—disclosure required; governance impact negligible.

Because RALP explicitly disclaims control intent and has no board representation, corporate governance dynamics remain unchanged. The 8.41 % holding sits well below activism thresholds, and sole voting power is fragmented across client accounts. Hence, the filing is administratively important but strategically neutral.






Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)






SCHEDULE 13G





SCHEDULE 13G



ROYCE & ASSOCIATES LP
Signature:Daniel A. O'Byrne
Name/Title:Vice President
Date:07/22/2025
Exhibit Information

The securities reported herein are beneficially owned by one or more registered investment companies or other managed accounts that are investment management clients of Royce & Associates, LP ("RALP"), an indirect majority owned subsidiary of Franklin Resources, Inc.("FRI"). When an investment management contract (including a sub advisory agreement) delegates to RALP investment discretion or voting power over the securities held in the investment advisory accounts that are subject to that agreement, FRI treats RALP as having sole investment discretion or voting authority, as the case may be, unless the agreement specifies otherwise. Accordingly, RALP reports on Schedule 13G that it has sole investment discretion and voting authority over the securities covered by any such investment managementagreement, unless otherwise noted in this Item 4. As a result, for purposes of Rule 13d 3 under the Act, RALP may be deemed to be the beneficial owner of the securities reported in this Schedule 13G. Beneficial ownership by investment management subsidiaries and other affiliates of FRI is being reported in conformity with the guidelines articulated by the SEC staff in Release No. 3439538 (January 12, 1998) relating to organizations, such as FRI, where related entities exercise voting and investment powers over the securities being reported independently from eachother. The voting and investment powers held by RALP are exercised independently from FRI(RALP's parent holding company) and from all other investment management subsidiaries of FRI (FRI, its affiliates and investment management subsidiaries other than RALP are, collectively, "FRI affiliates"). Furthermore, internal policies and procedures of RALP and FRI affiliates establish informational barriers that prevent the flow between RALP and the FRI affiliates of information that relates to the voting and investment powers over the securities owned by their respective investment management clients. Consequently, RALP and the FRI affiliates report the securities over which they hold investment and voting power separately from each other for purposes of Section 13 of the Act. Charles B. Johnson and Rupert H. Johnson, Jr. (the "Principal Shareholders") may each own in excess of 10% of the outstanding common stock of FRI and are the principal stockholders of FRI (see FRI's Proxy Statement-Stock Ownership of Certain Beneficial Owners). However, because RALP exercises voting and investment powers on behalf of its investment management clients independently of FRI affiliates, beneficial ownership of the securities reported by RALP is not attributed to the Principal Shareholders. RALP disclaims any pecuniary interest in any of the securities reported in this Schedule 13G. In addition, the filing of this Schedule 13G on behalf of RALP should not be construed as an admission that it is, and it disclaims that it is, the beneficial owner, as defined in Rule 13d 3, of any of such securities. Furthermore, RALP believes that it is not a "group" with FRI affiliates, the Principal Shareholders, or their respective affiliates within the meaning of Rule 13d 5 under the Act and that none of them is otherwise required to attribute to any other the beneficial ownership of the securities held by such person or by any persons or entities for whom or for which RALP or the FRI affiliates provide investment management services.

Century Casinos

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