Georgia Bard's Corner

[Georgia Bard]

Taglich Brothers, Inc. Announces Investment Opinion on Century Casinos

NEW YORK, Sep 11, 2000 (BUSINESS WIRE) --

Taglich Brothers Upgrades Century Casinos (NASDAQ: CNTY) to Buy

Taglich Brothers, Inc. has upgraded its rating for shares of Century Casinos
(CNTY) to a Buy from a Speculative Buy. The New York City-based full-service
broker dealer has set a 12-month target price of $4.25 per share.

The shares are trading at a TEV/2001 EBITDA multiple of 3.3X. This compares to
6.8X for a peer group of casino operators. Taglich Brothers believes the shares
of CNTY offer investors an exceptional entry into growing casino gaming markets.
The Company has solid core operations in Colorado, mounting projects in
development or close to fruition, and an experienced management team.

EPS estimates were maintained at $0.19 and $0.20 per share for 2000 and 2001,
respectively. However, estimates could prove to be conservative and could be
revised in the next eighteen months to incorporate new projects and/or further
strength in its core markets.

Century Casinos owns and operates Womacks Casino in Cripple Creek, Colorado and
manages the Millennium Casino in Prague, Czech Republic, located in Prague's new
Marriott Hotel. The Company also has two new developments: 1) It has received a
gaming license in Caledon, South Africa, where it is currently developing a
casino/hotel resort; and 2) It recently announced that it was chosen by
Silversea Cruises as the casino concessionaire aboard four ships for the next
five years. The Company continues to pursue other international projects in
various stages of development. CNTY is led by a team of gaming industry
professionals who have developed and operated more than 100 casinos in 25
different countries.

Taglich Brothers, Inc., founded in 1992, is full-service broker dealer focused
exclusively on micro-cap companies. The Company defines the micro-cap segment of
the equity market as companies with less than $250 million in market
capitalization. Taglich Brothers, Inc. currently offers institutional brokerage
services, investment banking for publicly traded micro-cap companies and
comprehensive research coverage to the investment community. In December 1999,
the Company launched its Website http://www.taglichbrothers.com to allow
investors free access to its in-depth research on micro-cap companies.

Additional information is available upon request or on our website at
http://www.taglichbrothers.com. Contact: Luis Martins, Equity Analyst (800)
383-8464, or by email at [e-mail].

The information and statistical data contained herein have been obtained from
sources which we believe to be reliable but in no way are warranted by us as to
accuracy or completeness. We do not undertake to advise you as to change in
figures or our views. This is not a solicitation of any order to buy or sell.
We, our affiliates, and any officer, director or stockholder, or any member of
their families, may have a position in and may from time to time purchase or
sell any of the above-mentioned or related securities. The Company mentioned in
this report may from time to time be involved in an investment banking
relationship with Taglich Brothers, Inc., or may pay a monthly fee for
maintenance of our website. Details of any such relationship or compensation
agreements are available upon request. The above statement is the opinion of
Taglich Brothers, Inc. and is not a guarantee that the target price for the
stock will be met or that predicted business results for the company will occur.


CONTACT: Taglich Brothers, Inc.
Luis Martins, Equity Analyst
[phone]
[e-mail]