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 reached the high water mark of $154.9 million during 2007, following years of steady growth. But during 2008, yearly revenue plummeted nearly 10 percent to $140.1 million, erasing [...] [...]
by John Hazlehurst Published: April 10,2009
Tags: gambling
Unemployment, both nationally and regionally, has reached a 25 year high, as companies shed workers to adjust to the faltering economy. Here in the Pikes Peak region, it’s hard to find businesses that are adding workers, anticipating higher sales, and looking forward to a profitable summer - unless you drive up to Cripple Creek. Thanks to last [...] [...]
by John Hazlehurst Published: April 10,2009
Tags: gambling
Being a croupier (i.e., one who manages a craps table game) isn’t as easy as it might seem. Which is why a class of aspiring croupiers, who hope to land a job when Cripple Creek casinos introduce table games this summer, were busy learning their trade this week. “Running a roulette wheel isn’t as difficult as craps,” [...] [...]
