New Golf Course for Century Casinos

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07 Sep 2006

Century Casinos Inc, through its South African subsidiary Blue Crane Signature Golf Estate, has entered into an agreement with South African golf professional Trevor Immelman to design an 18-hole signature golf course at Century Casinos' Caledon property near Cape Town.

In terms of the agreement, Immelman will provide design, consultancy and advisory services for the design layout and plans of the golf course.

Century Casinos is in the process of subdividing around 450 out of 600 acres of its own land at its Caledon property, with plans to develop a 27 hole golf estate with approximately 450 residential homes and to link the property to the existing nine-hole municipal golf course by adding another nine holes surrounded by resort housing elements.

Immelman is a recent US PGA Tour winner and a four-time winner on the European Tour.

Century Casinos said on Thursday that the golf development designed by Immelman, together with the planned resort and housing projects, "will enrich Caledon's tourist infrastructure and has the potential to further stimulate the local economy as well as the Caledon Casino."

Blue Crane plans to start construction of the new golf courses as soon as all necessary approvals and permits are in place, expected in late 2007 or early 2008.

Century Casinos Inc, through its subsidiary Century Casinos Africa, owns and operates the Caledon Hotel, Spa & Casino near Cape Town. It owns 60% of and provides technical casino services to the Monte Vista Casino & Conference Center in Newcastle in KwaZulu Natal. – Janice Roberts, I-Net Bridge

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