Century Casinos, Inc. recently reported record revenue for the first quarter of 2021 despite a 96.3% decrease in profit. This is due to the effects of the COVID-19 pandemic, which has had a devastating impact on the global economy.

The company reported total revenue of $67.6 million for the quarter, up from $60.2 million in the same period last year. This was driven by strong growth in its gaming operations, which saw revenue increase by 8.3% to $51.8 million. The company’s hotel and restaurant operations also saw a 4.7% increase in revenue to $15.8 million.

However, despite the strong revenue growth, Century Casinos reported a 96.3% decrease in profit compared to the same period last year. This was due to the significant costs associated with the pandemic, including additional safety measures, reduced capacity, and increased labor costs.

Despite the decrease in profit, Century Casinos remains optimistic about the future. The company has implemented a number of strategies to mitigate the impact of the pandemic, including expanding its online gaming offerings and focusing on cost containment measures. In addition, the company is continuing to invest in its properties and is looking to expand its presence in new markets.

The pandemic has had a significant impact on the global economy, and Century Casinos is no exception. Despite the decrease in profit, the company was still able to report record revenue for the quarter, demonstrating its resilience in the face of adversity. As the world continues to recover from the pandemic, Century Casinos is well-positioned to capitalize on the opportunities that lie ahead.