The Monarch Casino Resort Spa has been open and functional for years now, but the grand opening this week finalized the last bits of the $400 million construction project over the last decade.

“We are part of Colorado and we are here to make sure Colorado grows and thrives and that we are a huge part of Colorado’s success,” Erica Ferris, Director of Marketing at Monarch Casino Resort Spa said Wednesday.

It’s a triumphant return to open business in the heavily gaming based economy for the mountain town. Gilpin County recorded a $6.5 millionloss out of its $20 million budget in 2020. The budget is mainly comprised of gaming tax revenue and property taxes, so when doors closed, money dried up with it.