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Poland Increases Lockdown Measures, Polish Casino Closures

Warsaw

Century Casinos, Inc. announced that it will temporarily close its Polish casinos on March 19, 2021, through April 9, 2021.

 The decision came into effect to comply with quarantines issued by the Polish government to contain the spread of COVID-19.

The company also reported that there could be potential extensions. 

The Poland operating segment contributed 1% of the Company's Adjusted EBITDA for the year ended December 31, 2020. 

The COVID-19 situation continues to evolve rapidly, and it currently appears that due to the pandemic's current scope it will adversely impact the Company at least through the first half of 2021.

Lockdown in Poland, France and Ukraine

Poland, France and Ukraine have introduced partial lockdowns as they battle surging coronavirus infections.

Residents in Poland, parts of France, including Paris and the Ukrainian capital Kyiv and Lviv faced new restrictions on Saturday, with most shops shut and people urged to work from home.

In Poland, non-essential shops, hotels, cultural and sporting facilities are now closed for three weeks. The country has the highest new daily rates of Covid cases since November.

Polish health officials earlier warned the nationwide restrictions were necessary because of a rampant British variant of Covid-19 in the country. The variant now makes up more than 60% of infections.

Poland has had more than two million confirmed infections, and nearly 49,000 deaths, according to Johns Hopkins University.

Until now, globally, COVID-19 has killed 2.7 million people while more than 69 million have recovered according to data released by Johns Hopkins University.

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