Upbeat outlook has Cripple Creek investing
With gambling numbers improving and a pervasive sense of hopefulness, Cripple Creek is beginning to make bigger investments in itself. “I think we’re all cautiously optimistic,” said Maria Cunningham, marketing and events manager for the historic Teller County town. Cripple Creek casino revenue ticked up 0.5 percent year-over-year in 2012, which was a good sign. [...]
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 facilities.
Continue reading …James Grafton, a prominent Colorado attorney, poet and historian once grouped the state’s settlements into four classes.
Continue reading …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 on the gaming industry that cost the commission’s previous members their seats. Casino operators had asked the commission in spring 2011 for a 10 [...]
Continue reading …Statewide proceeds were up in Colorado gambling towns month-over-month in March and Cripple Creek was no exception. But Cripple Creek didn’t show the same annual progress other gambling communities in the state did. Proceeds were up in Cripple Creek from nearly 9 percent to $11.4 million in March from $10.3 million in February. While proceeds [...]
Continue reading …Despite tough times for casinos, the Colorado Limited Gaming Control Commission will consider an application for a new license in Cripple Creek this Thursday. Jim Druck and two unnamed partners intend to open Big Jim’s Gambling Hall and Saloon “soon,” Druck said. Once the commission gives him the go ahead, Druck said he and his [...]
Continue reading …By Peter Meredith Century Casino & Hotel in Cripple Creek reported $2,458,000 in net operating revenue for the three months ended Dec. 31, a 3 percent increase over the $2,385,000 it reported for the corresponding quarter of 2009. Operating earnings, however, remained flat at less than $0.1 million, and for the year as a whole [...]
Continue reading …Penrose-St. Francis Health Services will open its newest urgent-care facility in Cripple Creek on April 4. The clinic will provide walk-in services at 1101 Teller County Road 1. It will be open from 9 a.m. to 5 p.m. Monday through Friday and have an on-site registered nurse and nurse practitioner. X-ray services, physicals, same-day lab [...]
Continue reading …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 countries including Canada, Poland and the Czech Republic. “We’re always looking for attractive opportunities in Europe,” said Peter Hoetzinger, the CEO and president of [...]
Continue reading …Casinos in Blackhawk and Central City saw increased revenue during June, compared to a year earlier, while Cripple Creek revenues declined. Total adjusted gross proceeds from Colorado casinos increased by more than 7 percent, from $57.55 million during June of 2009 to $61.75 this June. Black Hawk casinos increased their take by 12 percent, while [...]
Continue reading …
Loading ...
