Casinos betting changes will boost bottom lines
Cripple Creek’s casinos are betting on a much-needed economic boost from new games, higher betting limits and extended operating hours. Measured by adjusted gross proceeds, Cripple Creek casino revenue...
View ArticleWinnings trickle in for back child support
It’s now been a year since a Colorado law went into effect, requiring casinos to check for and collect payments from the winnings of individuals who owe back payment money for child support. During...
View ArticleCentury Casinos applies for Switzerland casino license
By Andrea Sutherland Colorado Springs-based Century Casinos, Inc. has applied for a casino license in Switzerland. Century operates casinos in Cripple Creek and Central City as well as in several other...
View ArticleCripple Creek gaming revenue up in July
Revenue at Cripple Creek casinos increased during the summer months – up nearly $2.3 million from June to July. Average gross proceeds, or the amount the casino keeps after paying winners, were nearly...
View ArticleCripple Creek’s casinos grapple with tax increase
Cripple Creek casino operators hope rising revenues will make up for a tax increase the Colorado Limited Gaming Control Commission approved last week. The commission reversed a 5 percent tax decrease...
View ArticleCasinos — maybe a solution for Colorado Springs?
There’s a substantial, financially strong industry that would happily move to Colorado Springs. If invited to come, it would employ thousands of workers and invest as much as $200 million in new...
View ArticleCasino odds aren’t as flexible as you think
Gamblers, as anyone who has spent time in a casino knows, are superstitious. They may know that slot machine payouts are governed by the chilly indifference of a computer chip, and that a random-number...
View ArticleAre state gaming systems at risk? Maybe.
Prison escapees and ingenious scam artists often draw our admiration. Break out of prison or make a run for freedom and most of us will be secretly sympathetic. After all, if you were stuck in some...
View ArticleAnalysis: Historic preservation challenging
Historic preservation in Colorado has never been easy or permanent. One generation’s precious historic structure can quickly become another era’s white elephant, a dreary old pile of bricks that needs...
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