Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-06-23

Century Casinos, Inc. (CNTY)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$1,197,668
Peter Hoetzinger total, FY2025
1st
CEO pay percentile vs peers
37:1
CEO-to-median pay ratio
73.98%
Say-on-pay support, latest vote
Companies that benchmark against CNTY
3 companies name CNTY as a compensation peer

Each company listed discloses CNTY in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named CNTY in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Peter Hoetzinger$684,071$0$145,030$0$277,881$0$90,686$1,197,668
Vice Chairman of the Board, Co-Chief Executive Officer and President
Erwin Haitzmann691,8470145,0300277,881073,2731,188,031
Chairman of the Board and Co-Chief Executive Officer
Margaret Stapleton292,096051,797064,81803,370412,081
Chief Financial Officer and Corporate Secretary
Andreas Terler292,456051,797064,81800409,071
Managing Director of CRM and Executive Vice President, Operations - United States
Timothy Wright233,676036,258064,81807,010341,762
Chief Accounting Officer and Corporate Controller
Nikolaus Strohriegel207,017036,258064,81800308,093
Managing Director of CRM and Executive Vice President, Operations - Canada and Europe

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Peter Hoetzinger$1,197,668$932,645$3,446,059+265,023
Erwin Haitzmann1,188,0311,225,3963,427,627−37,365
Margaret Stapleton412,081435,660781,053−23,579
Andreas Terler409,071411,745916,843−2,674
Timothy Wright341,762357,216635,736−15,454
Nikolaus Strohriegel308,093297,557567,167+10,536

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Dividend-equivalent accruals2026-05-124571 insider, 1 accrual row

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

View all 1 transactions
InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Mitchell EtessDirector2026-05-12A457$0$0Derivative, Class A CommonForm 4 ↗
03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Nikolaus StrohriegelPSU2025-03-172,96223,69847,396$36,258
Peter HoetzingerPSU2025-03-1711,84994,791189,582145,030
Timothy WrightPSU2025-03-172,96223,69847,39636,258
Erwin HaitzmannPSU2025-03-1711,84994,791189,582145,030
Margaret StapletonPSU2025-03-174,23233,85467,70851,797
Andreas TerlerPSU2025-03-174,23233,85467,70851,797
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Nikolaus Strohriegel$0$36,258$0100.0%
Peter Hoetzinger0145,0300100.0%
Timothy Wright036,2580100.0%
Erwin Haitzmann0145,0300100.0%
Margaret Stapleton051,7970100.0%
Andreas Terler051,7970100.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Peter HoetzingerPSU11,849$15,759
Nikolaus StrohriegelPSU2,9623,939
Timothy WrightPSU2,9623,939
Margaret StapletonPSU4,2325,629
Peter HoetzingerOption112,5005.61
Andreas TerlerOption12,5005.61
Nikolaus StrohriegelOption6,2505.61
Erwin HaitzmannOption112,5005.61
Erwin HaitzmannPSU11,84915,759
Andreas TerlerPSU4,2325,629
05

Incentive-plan design — the Compensation Discussion & Analysis

In order to better align the long-term interests of our executives with our stockholders and to attract and retain highly qualified executives, our compensation programs have been designed to provide competitive levels of compensation that integrate pay with our performance, with an emphasis on recognizing individual initiative and achievements.

CEO STI target (% of salary)
CEO LTI target (% of salary)
Independent consultant
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-06-2210,805,7463,389,851410,19873.98%Passed
20252025-06-2310,811,9731,841,5922,798,82469.97%Passed
20242024-06-2415,177,0752,116,25692,05887.3%Passed
20232023-06-0719,755,0192,115,873106,50589.89%Passed
20222022-06-0920,881,972626,75165,59196.79%Passed
20212021-06-0920,400,437786,984125,07195.72%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-06-2273.98%a
20252025-06-2369.97%b
20242024-06-2487.3%c

a. Approved under the standard stated in the filing — “Abstentions will have the effect of a vote "against" a proposal, because an abstention represents a share entitled to vote and is included in the denominator in determining the percentage approved.”.

b. Approved under the standard stated in the filing — “Abstentions will have the effect of a vote "against" a proposal, because an abstention represents a share entitled to vote and is included in the denominator in determining the percentage approved.”.

c. Approved under the standard stated in the filing — “Abstentions will have the effect of a vote "against" a proposal, because an abstention represents a share entitled to vote and is included in the denominator in determining the percentage approved.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)37 : 1
CEO total compensation$1,197,668
Median employee compensation$32,541
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Gottfried SchellmannIndependent · Audit (Chair) · Compensation (Chair)$60,000$5,000$0$0$0$65,000
Eduard BergerIndependent · Audit40,0005,00000045,000
Dinah CorbaciIndependent · Audit · Compensation40,0005,00000045,000
Peter HoetzingerEmployee director · Partial-year service00000
Mitchell EtessIndependent · Partial-year service · Newly elected000000
Erwin HaitzmannEmployee director · Board Chair · Partial-year service00000
09

Board fee structure and ownership guideline

Annual cash retainer
Annual equity retainer
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)20,000 / 20,000
Stock ownership guideline
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$140,000
Equity awards (grant-date value)$15,000
All other compensation$0
Total cost of the board$155,000

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Century Casinos, Inc. names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Century Casinos, Inc..

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1PENN Entertainment, Inc.2025Jay Snowden$1,800,000$14,249,989$4,750,004$2,984,400$24,126,651
2Yum! Brands, Inc.2025David Gibbs1,380,76912,459,2263,750,0123,024,00020,861,526
3Churchill Downs Incorporated2025William Carstanjen1,800,00011,443,38005,763,33119,172,839
4Caesars Entertainment, Inc.2025Thomas Reeg2,060,00011,991,46702,945,80017,199,029
5Red Rock Resorts, Inc.2025Frank Fertitta1,000,0004,856,8144,856,797011,319,292
6Bally's Corporation2025Robeson Reeves1,138,501590,0125,003,46008,658,602
7Playa Hotels & Resorts N.V.2023Bruce Wardinski820,0003,673,65002,386,2006,894,394
8Golden Entertainment, Inc.2024Blake Sartini1,050,0004,025,075005,404,137
9Monarch Casino & Resort, Inc.2025John Farahi750,00002,629,081225,0003,610,936
10RCI Hospitality Holdings, Inc.2024Eric Langan1,700,0000001,829,649
11Full House Resorts, Inc.2025Daniel Lee654,936350,000349,97101,702,637
12Century Casinos, Inc.2025Peter Hoetzinger684,071145,0300277,8811,197,668

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Century Casinos, Inc.51.9%PSU 100Yesnot disclosed
Bally's Corporationnot disclosednot disclosedNonot disclosed
Caesars Entertainment, Inc.71.5%RSU 50 · PSU 50Yes — relative total shareholder return (rTSR)Aon
Churchill Downs Incorporated128.0%PSU 50 · RSU 50NoFrederic W. Cook & Co., Inc.
Full House Resorts, Inc.40%PSU 50 · Options 50NoAETHOS
Golden Entertainment, Inc.0%%RSU 50 · PSU 50NoAon's Human Capital Solutions practice
Monarch Casino & Resort, Inc.150%Options 100not disclosednot disclosed
PENN Entertainment, Inc.66.3%PSU 50 · RSU 25 · Options 25NoSemler Brossy Consulting Group, LLC
Playa Hotels & Resorts N.V.194%RSU 50 · PSU 50Yes — Relative TSRAETHOS Consulting Group
RCI Hospitality Holdings, Inc.not disclosedOptions 100not disclosednot disclosed
Red Rock Resorts, Inc.100%Options 50 · RSU 50not disclosedPay Governance
Yum! Brands, Inc.68%PSU 50 · RSU 25 · Options 25Yes — TSR relative to S&P 500 Consumer Discretionary IndexMeridian Compensation Partners, LLC

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

FAQ

Frequently asked questions

Who was the highest-paid executive at Century Casinos, Inc. in fiscal 2025?
As disclosed, the highest-paid executive was Peter Hoetzinger, Vice Chairman of the Board, Co-Chief Executive Officer and President, with total compensation of $1,197,668.
How does Century Casinos, Inc.'s chief executive pay compare to its disclosed peer group?
The filing shows that the CEO's pay falls in the 1st percentile of the disclosed peer group.
What is Century Casinos, Inc.'s CEO-to-median employee pay ratio?
As disclosed, the CEO-to-median employee pay ratio was 37:1.
How did shareholders vote on Century Casinos, Inc.'s executive compensation?
Shareholders voted 73.98% in favor of the executive compensation plan at the latest Say on Pay vote.
How much does Century Casinos, Inc. spend in total on board compensation for fiscal 2025?
The filing reports total board compensation for fiscal 2025 as $155,000.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Peter HoetzingerDEF 14A2026-04-300000911147-26-000012Section “SUMMARY COMPENSATION TABLE”. As printed: 1,197,668. Filing ↗machine: t58 · span 1063826–1063835
2Section 01, Erwin HaitzmannDEF 14A2026-04-300000911147-26-000012Section “SUMMARY COMPENSATION TABLE”. As printed: 1,188,031. Filing ↗machine: t58 · r4 · c13 · span 1033672–1033681
3Section 01, Margaret StapletonDEF 14A2026-04-300000911147-26-000012Section “SUMMARY COMPENSATION TABLE”. As printed: 412,081. Filing ↗machine: r12 · c20 · span 1093964–1093971
4Section 01, Andreas TerlerDEF 14A2026-04-300000911147-26-000012Section “SUMMARY COMPENSATION TABLE”. As printed: 409,071. Filing ↗machine: t58 · r20 · c13 · span 1154071–1154078
5Section 01, Timothy WrightDEF 14A2026-04-300000911147-26-000012Section “SUMMARY COMPENSATION TABLE”. As printed: 341,762. Filing ↗machine: r16 · c20 · span 1123992–1123999
6Section 01, Nikolaus StrohriegelDEF 14A2026-04-300000911147-26-000012Section “SUMMARY COMPENSATION TABLE”. As printed: 308,093. Filing ↗machine: t58 · r24 · c13 · span 1184166–1184173
7Section 03, Nikolaus Strohriegel PSUDEF 14A2026-04-300000911147-26-000012Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t49 · r8 · c2 · span 868844–868850
8Section 03, Peter Hoetzinger PSUDEF 14A2026-04-300000911147-26-000012Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t49 · r4 · c2 · span 855921–855927
9Section 03, Timothy Wright PSUDEF 14A2026-04-300000911147-26-000012Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t49 · r6 · c2 · span 862382–862388
10Section 03, Erwin Haitzmann PSUDEF 14A2026-04-300000911147-26-000012Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t49 · r3 · c2 · span 852669–852675
11Section 03, Margaret Stapleton PSUDEF 14A2026-04-300000911147-26-000012Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t49 · r5 · c2 · span 859154–859160
12Section 03, Andreas Terler PSUDEF 14A2026-04-300000911147-26-000012Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t49 · r7 · c2 · span 865610–865616
13Section 07, pay ratioDEF 14A2026-04-300000911147-26-000012Section “CEO Pay Ratio”. As printed: 37 : 1. Filing ↗machine: span 2066436–2066443
14Section 08, Gottfried SchellmannDEF 14A2026-04-300000911147-26-000012Section “Director Compensation”. As printed: 65,000. Filing ↗machine: t20 · r2 · c8 · span 352022–352028
15Section 08, Eduard BergerDEF 14A2026-04-300000911147-26-000012Section “Director Compensation”. As printed: 45,000. Filing ↗machine: t20 · r4 · c8 · span 361694–361700
16Section 08, Dinah CorbaciDEF 14A2026-04-300000911147-26-000012Section “Director Compensation”. As printed: 45,000. Filing ↗machine: t20 · r3 · c8 · span 356858–356864
17Section 08, Peter HoetzingerDEF 14A2026-04-300000911147-26-000012Section “Director Compensation”. As printed: 0. Filing ↗
18Section 08, Mitchell EtessDEF 14A2026-04-300000911147-26-000012Section “Director Compensation”. As printed: 0. Filing ↗
19Section 08, Erwin HaitzmannDEF 14A2026-04-300000911147-26-000012Section “Director Compensation”. As printed: 0. Filing ↗
20Section 02, Mitchell Etess 2026-05-12Form 42026-05-140002133434-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
21Section 06, 2026 voteForm 8-K2026-06-230000911147-26-000035Item 5.07 · say-on-pay result. As reported: 73.98% (votes for as printed: 10,805,746). Filing ↗
22Section 06, 2025 voteForm 8-K2025-06-230000911147-25-000029Item 5.07 · say-on-pay result. As reported: 69.97% (votes for as printed: 10,811,973). Filing ↗
23Section 06, 2024 voteForm 8-K2024-06-250000911147-24-000047Item 5.07 · say-on-pay result. As reported: 87.3% (votes for as printed: 15,177,075). Filing ↗
24Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
25Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
26Section 09b board cost (computed)ComputedcomputedCash 140,000 + equity 15,000 + all other 0 = 155,000, summed across the director compensation table rows.machine: formula: Σ = 155,000
27PENN Entertainment, Inc., Section 10b CEO totalDEF 14A2026-04-270001140361-26-016846CEO total compensation as printed in PENN Entertainment, Inc.'s own proxy. As printed: 24,126,651. Filing ↗machine: r2 · c25 · span 1628709–1628719
28Yum! Brands, Inc., Section 10b CEO totalDEF 14A2026-04-030001193125-26-142078CEO total compensation as printed in Yum! Brands, Inc.'s own proxy. As printed: 20,861,526. Filing ↗machine: t86 · r7 · c11 · span 1988224–1988234
29Churchill Downs Incorporated, Section 10b CEO totalDEF 14A2026-03-120001193125-26-104118CEO total compensation as printed in Churchill Downs Incorporated's own proxy. As printed: 19,172,839. Filing ↗machine: r4 · c25 · span 874946–874956
30Caesars Entertainment, Inc., Section 10b CEO totalDEF 14A2026-04-230001193125-26-174058CEO total compensation as printed in Caesars Entertainment, Inc.'s own proxy. As printed: 17,199,029. Filing ↗machine: r3 · c23 · span 649787–649797
31Red Rock Resorts, Inc., Section 10b CEO totalDEF 14A2026-04-230001193125-26-173964CEO total compensation as printed in Red Rock Resorts, Inc.'s own proxy. As printed: 11,319,292. Filing ↗machine: r6 · c27 · span 339865–339875
32Bally's Corporation, Section 10b CEO totalDEF 14A2026-04-090001747079-26-000028CEO total compensation as printed in Bally's Corporation's own proxy. As printed: 8,658,602. Filing ↗machine: r3 · c48 · span 213167–213176
33Playa Hotels & Resorts N.V., Section 10b CEO totalDEF 14A2024-04-220001692412-24-000099CEO total compensation as printed in Playa Hotels & Resorts N.V.'s own proxy. As printed: 6,894,394. Filing ↗machine: span 612092–612101
34Golden Entertainment, Inc., Section 10b CEO totalDEF 14A2025-04-090001071255-25-000033CEO total compensation as printed in Golden Entertainment, Inc.'s own proxy. As printed: 5,404,137. Filing ↗machine: r11 · c42 · span 510243–510252
35Monarch Casino & Resort, Inc., Section 10b CEO totalDEF 14A2026-04-130001104659-26-042561CEO total compensation as printed in Monarch Casino & Resort, Inc.'s own proxy. As printed: 3,610,936. Filing ↗machine: t32 · r6 · c17 · span 312114–312123
36RCI Hospitality Holdings, Inc., Section 10b CEO totalDEF 14A2025-07-030001628280-25-034299CEO total compensation as printed in RCI Hospitality Holdings, Inc.'s own proxy. As printed: 1,829,649. Filing ↗machine: r2 · c36 · span 141799–141808
37Full House Resorts, Inc., Section 10b CEO totalDEF 14A2026-04-100000891482-26-000018CEO total compensation as printed in Full House Resorts, Inc.'s own proxy. As printed: 1,702,637. Filing ↗machine: t119 · r4 · c23 · span 544487–544496
38Century Casinos, Inc. (subject), Section 10b CEO totalDEF 14A2026-04-300000911147-26-000012CEO total compensation as printed in Century Casinos, Inc.'s own proxy. As printed: 1,197,668. Filing ↗machine: t58 · span 1063826–1063835
39Section 10a, Churchill Downs Incorporated reciprocityDEF 14A0001193125-26-104118Churchill Downs Incorporated's most recent proxy was read; its disclosed peer group does not include Century Casinos, Inc.. Filing ↗
40Section 10a, Bally's Corporation reciprocityDEF 14A0001747079-25-000071Bally's Corporation's most recent proxy was read; its disclosed peer group does not include Century Casinos, Inc.. Filing ↗
41Section 10a, Full House Resorts, Inc. reciprocityDEF 14A0000891482-26-000018Full House Resorts, Inc. names Century Casinos, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
42Section 10a, Caesars Entertainment, Inc. reciprocityDEF 14A0001193125-26-174058Caesars Entertainment, Inc.'s most recent proxy was read; its disclosed peer group does not include Century Casinos, Inc.. Filing ↗
43Section 10a, Yum! Brands, Inc. reciprocityDEF 14A0000950170-25-051113Yum! Brands, Inc.'s most recent proxy was read; its disclosed peer group does not include Century Casinos, Inc.. Filing ↗
44Section 10a, PENN Entertainment, Inc. reciprocityDEF 14A0001140361-26-016846PENN Entertainment, Inc.'s most recent proxy was read; its disclosed peer group does not include Century Casinos, Inc.. Filing ↗
45Section 10a, Golden Entertainment, Inc. reciprocityDEF 14A0001071255-25-000033Golden Entertainment, Inc.'s most recent proxy was read; its disclosed peer group does not include Century Casinos, Inc.. Filing ↗
46Section 10a, Red Rock Resorts, Inc. reciprocityDEF 14A0001193125-26-173964Red Rock Resorts, Inc.'s most recent proxy was read; its disclosed peer group does not include Century Casinos, Inc.. Filing ↗