[unable to obtain full-text material] The circular casino flooring, surrounded by stores and restaurants, procedures 57,000 square feet and provides more than 1,600 slot machine-style, electronic-gambling makers under amber-colored lights and …
Sunday, Oct. 4, 2015|5:52 p.m.
CRIPPLE CREEK, Colo.– A $30 million offer is in the works to purchase among the most popular gambling establishments in Cripple Creek. Las Vegas-based Full House Resorts is planning to purchase Bronco Billy’s Casino and Hotel, which is the last of the original gambling establishments in Cripple Creek still locally possessed.
Owner and General Manager Marc Murphy said he’s remaining on as basic manager after the purchase, along with the management personnel and staff members. Murphy said investors have been thinking about offering the casino and hotel for several years.
Capacity Resort president Daniel Lee said he does not anticipate any major changes.
Lois Woods opened up the Rocky Mountain Canary General Store in 1972 with her other half, and they existed when pc gaming was authorized in Cripple Creek in 1991.
Woods stated the gambling establishments brought in more individuals and profits, made Cripple Creek a year-round location and developed jobs in the mountain town.
Numerous small regional casinos closed down or were purchased out by larger companies as they struggled to adhere to video gaming regulations and fines.
“It’s probably excellent to have larger, experienced operators as far as making it economically,” stated Woods.
Some homeowners stated they would such as the casino to stay under local ownership, KOAA-TV reported (http://tinyurl.com/pabczja).
Capacity is expected to finish the purchase in the next 4 to 6 months.