CENTURY CASINOS INC
SC 13G/A, 2000-02-14
MISCELLANEOUS AMUSEMENT & RECREATION
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<PAGE>   1
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                  SCHEDULE 13G
                                 (RULE 13D-102)

             INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
            TO RULES 13D(B), (C) AND (D) AND AMENDMENTS THERETO FILED
                        PURSUANT TO RULE 13D-2(B) AND (D)
                               (AMENDMENT NO. 2)*



                              Century Casinos, Inc.
- --------------------------------------------------------------------------------
                                (Name of Issuer)

                          Common Stock, $.01 par value
- --------------------------------------------------------------------------------
                         (Title of Class of Securities)

                                    156492100
             ------------------------------------------------------
                                 (CUSIP Number)

                                December 31, 1999
             ------------------------------------------------------
                  (Date of Event which Requires Filing of this
                                   Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule
                                    is filed:

                                |_| Rule 13d-1(b)
                                |X| Rule 13d-1(c)
                                |_| Rule 13d-1(d)




* The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).


<PAGE>   2

                                SCHEDULE 13G

 CUSIP No. 156492100                                     Page  2  of  4 Pages
                                                              ---    ---
  -------------------------------------------------------------------------
    1.   NAMES OF REPORTING PERSONS
         I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

         Lloyd I Miller, III                ###-##-####
  -------------------------------------------------------------------------
    2.   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                                (a) [  ]
                                                                (b) [  ]
  -------------------------------------------------------------------------
    3.   SEC USE ONLY

  -------------------------------------------------------------------------
    4.   CITIZENSHIP OR PLACE OF ORGANIZATION

         United States
  -------------------------------------------------------------------------
              5.  SOLE VOTING POWER
  NUMBER OF       1,108,716
   SHARES     -------------------------------------------------------------
 BENEFICIALLY 6.  SHARED VOTING POWER
  OWNED BY        1,095,499
    EACH      -------------------------------------------------------------
  REPORTING   7.  SOLE DISPOSITIVE POWER
   PERSON         1,108,716
    WITH      -------------------------------------------------------------
              8.  SHARED DISPOSITIVE POWER
                  1,095,499
  -------------------------------------------------------------------------
    9.   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
         2,204,215
  -------------------------------------------------------------------------
    10.  CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
                                                                        [ ]
  -------------------------------------------------------------------------
    11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
         15.1%
  -------------------------------------------------------------------------
    12.  TYPE OF REPORTING PERSON*
         IN-OO**
  -------------------------------------------------------------------------
                       *SEE INSTRUCTIONS BEFORE FILLING OUT!

** See Item 4.
<PAGE>   3


                                                                     Page 3 of 4


Item 1(a).    Name of Issuer:   Century Casinos, Inc.

Item 1(b).    Address of Issuers's Principal Executive Offices: 200-220 E.
              Bennett Ave., Cripple Creek, Colorado 80913.

Item 2(a).    Name of Person Filing:         Lloyd I. Miller, III

Item 2(b).    Address of Principal Business Office or, if None, Residence: 4550
              Gordon Drive, Naples, Florida 34102

Item 2(c).    Citizenship: U.S.A.

Item 2(d).    Title of Class of Securities:  Common Stock, $0.01 par value

Item 2(e).    CUSIP Number:     156492100

Item 3.       IF THIS STATEMENT IS FILED PURSUANT TO RULE 13d-1(b) OR 13d-2(b)
              or (c), CHECK WHETHER THE PERSON FILING IS A:

              Not Applicable, this statement is filed pursuant to 13d-1(c)


Item 4.       OWNERSHIP: The reporting person shares dispositive and voting
power with respect to 1,095,499 of the reported securities as an advisor to the
trustee of certain family trusts and with respect to shares owned by his wife.
Miller has sole dispositive and voting power with respect to 1,108,716 of the
reported securities (i) as the custodian to accounts set up under the Florida
Uniform Gift to Minors Act, (ii) as an individual, (iii) as the trustee to
certain trusts and/or (iv) as the manager a limited liability company that is
the general partner of certain limited partnerships.

              (a)    2,204,215

              (b)   15.1%

              (c)   (i) sole voting power:   1,108,716

                    (ii) shared voting power: 1,095,499

                    (iii) sole dispositive power: 1,108,716

                    (iv) shared dispositive power: 1,095,499


Item 5.       OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS:

              Not Applicable


Item 6.       OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON:

              Persons other than Lloyd I. Miller III have the right to receive
              dividends from, or the proceeds from the sale of, the reported
              securities. None of these persons has the right to direct such
              dividends or proceeds.


<PAGE>   4


                                                                    Page 4 of 4


Item 7.       IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED
              THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY:

              Not Applicable

Item 8.       IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP:

              Not Applicable

Item 9.       NOTICE OF DISSOLUTION OF GROUP:

              Not Applicable

Item 10.      CERTIFICATION:

              By signing below I certify that, to the best of my knowledge and
              belief, the securities referred to above were not acquired and are
              not held for the purpose of or with the effect of changing or
              influencing the control of the issuer of the securities and were
              not acquired and are not held in connection with or as a
              participant in any transaction having that purposes or effect.

                                    SIGNATURE
                                    ---------

         After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.

                                                  February 12, 2000
                                                  ----------------------------



                                                  /s/ Lloyd I. Miller III
                                                  ----------------------------
                                                  Lloyd I. Miller, III




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