A Faegre Drinker team led by corporate partner Jeff Sherman advised Century Casinos in its acquisition of the operations of Rocky Gap Casino Resort for approximately $56.1 million, expanding into Maryland. Concurrently, the team also advised Century Casinos in connection with a $203.9 million sale-leaseback of the Rocky Gap property.
Century Casinos was represented by a cross-office, cross-practice team of Faegre Drinker attorneys led by corporate partner Jeff Sherman, including corporate partners John Marcil, Charles Bybee and Matthew Levy, corporate senior counsel Douglas Wright and associates Steven Schwartz, Michael Grigsby, Arsalan Memon and Jennifer Lucas; real estate partner Gretchen Miller Busch and associate Ivy LeTourneau; benefits and executive compensation partner Philip Gutwein; intellectual property partners Robert Leonard and Robert Cannuscio and associate Margaret Naylor; government and regulatory partner Doriann Cain; labor and employment associate Erik Mosvick; senior corporate paralegal RoxAnn Mack and corporate paralegal Paul Foreman.
Headquartered in Colorado Springs, CO, Century Casinos, Inc. is a North American casino entertainment company focused on investing in, developing and operating regional mid-size casinos in North America. Century Casinos has been listed on the Nasdaq Capital Market® under the symbol CNTY since 1994.
Read Century Casinos’ press release for more information on the deal.