Cripple Creek casino owner plans 150-room upscale hotel Wayne Heilman, The Gazette · November 6, 2017 at 2:35 pm The company that owns Bronco Billy’s Casino in Cripple Creek on Monday announced plans to begin construction by year’s end of a 150-room upscale hotel connected to the gaming hall that it hopes will be among the top-rated lodging properties in the Colorado Springs area. Daniel Lee, CEO of Las Vegas-based Full House Resorts, which bought Bronco Billy’s two years ago, said the hotel would cost $60 million to $70 million to build and open in two or three years on property the company has options to buy. The project includes a hotel with a top-rated restaurant, meeting and event space with a capacity of 500 people, a 500-space parking garage and courtyard that would be built north and west of Bronco Billy’s. Lee said the hotel would not be part of a major chain and rooms would cost an average of $200 a night. “We paid $30 million for Bronco’s Billy’s two years ago and that was just the start. We began planning for this project almost immediately,” Lee said.