Boston, MA, 03/21/2014 – Century Casinos, Inc. (NASDAQ:CNTY) announced that construction at the Century Downs Racetrack and Casino has been started.
The company was waiting for stripping and grading permit to be released and once it was released on 12th March 2014 the company initiated the process of construction. The construction machines started to arrive at the construction site to start the earth digging. The piling and foundation work for the construction of casino will start in April 2014. The company has done all the groundwork for the construction process.
Blueprint for the Construction
For the construction of casino the Chandos Construction Ltd. has been chosen by Century Casinos and United Horsemen of Alberta as general constructor. They have gone for reliable and able constructor for this project.
Century Casinos, Inc. (NASDAQ:CNTY), Century Casino in Edmonton in the year 2006 was constructed by Chandos Construction. They completed the project in the stipulated time and within the budget. It is very important to follow the time frame as the more time taken means more money for the project. It can derail the company’s plan. The Chandos Construction, for the fast completion of project, is working with prefabricated cemented panel. This will be used for the construction of casino wall and will be done at a very fast speed.
For the construction and detailed planning of racetrack, the track consultant will be Charles E. Coon and Sons, Inc. They are well established player in the field of creation of horse racing tracks. Their specialty includes designing maintenance and construction of track.
The distance between Calgary International Airport and Century Downs Racetrack and Casino is 4.5 miles and from the city limits of Calgary less than one mile in north direction. This place is chosen for construction of casino for the various regions. There is no casino in north and the northwest Calgary markets so it is expected to get large amount of visitors. The exit point of Queen Elizabeth II Highway one of the most heavily used highways of western Canada is very near from the proposed casino. So more customers are expected to pay visit the casino and racetrack.
Century Casinos, Inc. (NASDAQ:CNTY) has done all the homework for this project and they expect this venture would be their profitable venture.