Vegas in the Rockies? Colorado’s casino towns get ready for higher betting limits Joe Rubino, Denver Post · January 11, 2021 at 5:00 am “Las Vegas-style gaming,” that’s what the city of Black Hawk says is coming to town this spring after Colorado voters approved Amendment 77 in November. The amendment grants powers to voters in the state’s three gambling towns — Black Hawk, Central City and Cripple Creek — to increase bet limits beyond the state’s previous constitutionally mandated cap of $100 and approve new games, assuming … [Read more...]
SuperBook launches in Colorado sports betting market Ian St. Clair, PlayColorado · January 7, 2021 at 9:14 pm The wait is finally over — The SuperBook has officially launched in Colorado. After months of speculation and teasing it’ll open “soon,” the sportsbook based in Las Vegas at the Westgate is now available for the Colorado sports betting market to download. The SuperBook is the 17th app to launch in the state. This is also the first venture outside of the state of Nevada for the … [Read more...]
New record for Colorado sports betting: $230 million in November bets Dustin Gouker, Legal Sports Report · December 24, 2020 at 7:43 am The Colorado sports betting industry hit a new monthly record with more than $231 million in bets recorded in November. That’s according to figures released today by the Colorado Department of Revenue’s Division of Gaming. That number is up from about $210 million in handle in October, an increase of about ten percent month over month. Those wagers generated $18.3 million in gross gaming … [Read more...]
Colorado: In Cripple Creek, casinos are taking COVID week by week, city council reports Norma Engelberg, Pikes Peak Courier · December 22, 2020 at 3:16 pm Cripple Creek’s casinos are staying open on a week-by-week basis as talks with the state continue. Cripple Creek City Administrator Ray White reported at last week’s city council meeting that Teller County representatives met with the Colorado Department of Public Health and Environment to keep casinos open for another week with the state at COVID-19 Level Orange. They’ll keep meeting to keep … [Read more...]
As Colorado sports betting takes off, prospects look bright for tax revenue in 2020 Blaine Howerton, North Forty News · December 17, 2020 at 7:45 pm When Colorado legalized sports wagering back in 2019, bettors across the state jumped for joy. Economists put forth a wealth of predictions regarding revenue possibilities, and many officials stood hopeful for a steady stream of earnings. So, what’s the bottom line? As the first legal year of sports betting comes to a close in the Centennial State, here’s what we know about the tax proceeds and … [Read more...]
Colorado’s Sky Ute Casino latest to embrace betting on esports Jill R. Dorson, SportsHandle · December 16, 2020 at 4:09 pm With a pandemic sweeping across the world and sports wagering options limited for bettors, there has been much talk about how eSports filled the gap early in 2020 and what might “stick” going forward. Operators are finding it’s an open question with myriad answers. But a casino announced it will launch an eSports-only mobile/online sportsbook and the creation of a new eSports league made news, … [Read more...]
Why can’t Colorado sports bettors quit table tennis? Ian St. Clair, PlayColorado · December 16, 2020 at 1:31 am One question has loomed over this state since May. Why can’t Colorado quit Russian table tennis? In the year of 2020, it’s the question of our time. At least when it comes to the Colorado sports betting market. It’s been obvious since sports betting launched that this state has an affinity for the sport made famous by Forrest Gump. The fact Colorado is unique and weird is not entirely … [Read more...]
Colorado: Wildwood Casino partners with Victor Elks Lodge for community toy drive Pat Hill, Pikes Peak Courier · December 14, 2020 at 7:26 pm In addition to the Elks and the casino, Pam Brady, a Woodland Park resident, collects toys and blankets throughout the year to supplement the toy collections, Brazill said. While the Elks’ project is part of tradition in southern Teller County, in the year of COVID, the coordinator has had to adjust. “This year has been the most challenging as we try to work within guidelines, different … [Read more...]
Colorado: BlueWater opens hotel on a limited basis John Gutekunst Parker Pioneer · December 10, 2020 at 9:05 pm The continued phased-in reopening of the BlueWater Resort & Casino continued this past week with a limited reopening of the resort’s hotel. This is the latest phase in the reopening that began in Sept. 14 after the BlueWater was closed for almost six months due to the coronavirus pandemic. The gaming floor was the first thing to reopen. This was followed by the BlueWater Cinemas reopening … [Read more...]
888 signs long-term market-access deals for Colorado, Iowa and Indiana CDC Gaming Reports · December 3, 2020 at 8:11 pm 888, an online gaming entertainment provider, announced it has signed three multi-year market access agreements to launch in the U.S. states of Colorado, Indiana and Iowa initially with the 888Sport brand during 2021. In Colorado, 888Sport will launch under the license of the Colorado Grande Casino based in Cripple Creek. In Iowa, the Group will launch under the license of Catfish Bend Casinos … [Read more...]
Colorado: City of Black Hawk approves unlimited maximum bets under Amendment 77 Robert Garrison, thedenverchannel.com · December 2, 2020 at 10:43 pm Las Vegas-style bets are coming to Colorado. The City of Black Hawk announced Tuesday city council voted to approve unlimited single-bet wagers in addition to allowing casinos to offer new games. These new rules go into effect May 1, 2021, and are part of the voter-approved Amendment 77 that authorized local control of gaming in Colorado. … [Read more...]
Colorado posts record $210.7m sports betting handle in October Chris Altruda, CoBets.com · December 2, 2020 at 7:22 am For the fifth consecutive month since its May launch, sports betting in Colorado set a record in terms of monthly handle. The Dept. of Revenue on Monday released its October report, showing a handle of $210.7 million. The total was sightly more than $3 million better than September’s handle of $207.7 million, and Colorado became the fifth state to post back-to-back monthly handles exceeding … [Read more...]
Maverick Gaming plans sports betting launch in Colorado with IGT Howard Stutz, CDC Gaming Reports · November 23, 2020 at 4:10 pm Las Vegas-based Maverick Gaming will launch sports betting at the company’s three Colorado casinos in partnership with International Game Technology, the companies said Monday. Maverick plans to utilize IGT’s PlaySports sports betting platform, which includes self-service kiosks and a Maverick-branded mobile wagering app, at Grand Z Casino and Johnny Z's Casino in Central City, and Z Casino in … [Read more...]
Denver-based sportsbook operator officially launches platform in Colorado James Rodriguez, Denver Business Journal · November 18, 2020 at 8:04 pm Denver-based sportsbook operator PointsBet has officially launched its mobile app and digital sports-betting offering in Colorado, the company announced Wednesday. PointsBet has partnered with Double Eagle Hotel & Casino in Cripple Creek, Colorado, for its launch in the state. The company is refurbishing the casino's existing poker bar space to create a "digital sportsbook" that will offer … [Read more...]
Pointsbet launches Sports Betting in Colorado but Who’s Next? Legal Sports Report · November 17, 2020 at 10:56 pm PointsBet is now live in the Colorado sports betting market, a state where the brand made a big impact before taking a legal bet. The mobile app is live through an agreement with Double Eagle in Cripple Creek. A retail sportsbook will open at the casino at a later date. The Australian-born sportsbook made a splash in the state two months ago. PointsBet became the first US sportsbook to sign … [Read more...]
Colorado: Lady Luck shines on Cripple Creek casinos as state public health officials reverse order to close Debbie Kelley, The Gazette · November 17, 2020 at 3:59 pm CRIPPLE CREEK — Lady Luck was shining on both the house and gamblers in Cripple Creek Monday as public health officials granted casinos a reprieve for new coronavirus closures. Casinos are being allowed to remain open despite more stringent restrictions that were imposed countywide at 5 p.m. Monday to help control rising COVID-19 levels, Teller County Public Health and Environment officials … [Read more...]
Colorado: State imposes new coronavirus limits in Teller County that would close Cripple Creek casinos on Monday O'Dell Isaac, The Gazette · November 16, 2020 at 7:25 am Teller County officials have protested the state health department's decision to impose stricter coronavirus limits, including closing Cripple Creek casinos, claiming it was made prematurely. The move, which is one step below a stay-at-home order, places Teller in the high-risk category for the disease along with El Paso County and other counties where COVID-19 is rising sharply. The move to … [Read more...]
Colorado: COVID status change to shut down table games in Black Hawk, Central City Wayne Heilman, The Gazette · November 13, 2020 at 4:15 pm Casinos in Black Hawk and Central City will have to shut down blackjack, poker and other table games at 8 a.m. Friday when Gilpin County moves to a more restrictive COVID-19 status with the state of Colorado. Gilpin County will move from Protect Our Neighbors, the least restrictive status, to Safer at Home-Yellow status, which bars casinos from operating table games, reduces the capacity of … [Read more...]
Colorado: Table Games Shut Down In Gilpin County As Restrictions Increase Danielle Chavira, Denver.CBSLocal · November 12, 2020 at 7:14 pm Blackjack, poker are among table games being shut down at casinos in Black Hawk and Central City. Gilpin County recently announced it will move to Level Yellow: Concern on the COVID-19 color dial on Friday. The Colorado Department of Public Health and Environment sent a letter to Gilpin County on Tuesday stating while incidence rates are “aligned” with Level Orange, they will gradually … [Read more...]
Century Casinos officials: Company may focus on U.S. acquisitions Matthew Crowley, CDC Gaming Reports · November 9, 2020 at 7:25 am Increased spend per visit and time spent on the device, and the steady post-coronavirus shutdown return of core customers lifted Century Casinos in the third quarter. Earnings per share and revenue both rose from a year earlier and topped Wall Street forecasts. Century Casinos officials suggested the company, which owns three hotel-casinos and a racetrack in Canada, five in the United States, … [Read more...]
Colorado: Penn National and Barstool launch their first branded sportsbook at Ameristar Black Hawk Howard Stutz, CDC Gaming Reports · November 6, 2020 at 7:38 am Penn National Gaming opened its first Barstool-branded sportsbook in the country Thursday at the Ameristar Black Hawk casino in Colorado. The sportsbook is the first in the gaming community that serves the Denver market to open in a retail location. The company has said it plans to bring it Barstool-branded sports betting app to Colorado early next year. “This will be the first of many new … [Read more...]
Senator: Gaming measure good for Colorado mountain towns, community colleges Colorado Sen. Larry Crowder · November 2, 2020 at 3:52 pm Throughout my eight years as a state senator, I have held strongly to my conviction that government should support local economic development, not stand in its way. That is one reason I’m supporting Amendment 77. Amendment 77 gives residents of Central City, Black Hawk and Cripple Creek the right to decide what is in the best interests of their economic future. Specifically, the amendment gives … [Read more...]
Revenue dips for Monarch; company hopes to Black Hawk expansion in Q4 Matthew Crowley, CDC Gaming Reports · October 29, 2020 at 8:17 pm The coronavirus cast its shadow on Monarch Casino Resort’s third-quarter earnings, sending revenue down as health protocols limited casino capacity in Black Hawk, Colorado. But that revenue and per-share earnings smashed Wall Street forecasts and Reno-based Monarch posted record adjusted cash flow. In a statement Thursday, Monarch said its net income was $10.7 million, or 57 cents per share, … [Read more...]
Colorado sports wagers top $200M in September, thanks to kick from football season Tiney Ricciardi, Denver Post · October 25, 2020 at 4:57 am Are you ready for some football? Coloradans were in September, according to sports betting figures released by the Colorado Division of Gaming on Friday. Fans wagered more than $207 million on all sports during the month, up 61% compared to August. Baseball led the way with more than $47 million in placed bets, followed by football ($38.6 million), basketball ($37.7 million) and ice hockey … [Read more...]
Colorado casinos are betting big on higher limits and new games with amendment 77 Sarah Mulholland, CPR · October 22, 2020 at 1:54 pm Casinos are wagering an amendment to the state’s constitution will help lure the high rollers that typically leave Colorado to gamble. Coloradans are voting this election on Amendment 77, which would let residents of the state’s gambling towns decide whether to lift a statewide cap on how much a person can risk on a single bet. The measure also includes addig new games. Supporters of the … [Read more...]
Century Casinos partners with Tipico for internet sports betting in Colorado CDC Gaming Reports · October 12, 2020 at 8:12 pm Century Casinos has finalized an agreement with Tipico to become the company's third internet sports betting partner in Colorado. Through a subsidiary, Central has already obtained its master license with the state of Colorado. After Tipico completes the necessary application and approval process, it will operate an internet and mobile sports betting app under the Tipico brand. "Century Casinos … [Read more...]
Colorado: Casinos bet big on local voter Jason Blevins, Colorado Sun · October 12, 2020 at 4:30 pm Colorado’s biggest casinos are rolling the dice in November, hoping that the state’s roughly 4.1 million voters will approve an initiative that would give a little more than 2,000 residents control of casino bet limits and games. Amendment 77 would give voters in Colorado’s gaming hamlets — Cripple Creek, population 1,300, Central City, population 750, and Black Hawk, population 125 — the … [Read more...]
‘It’s a top 5 state’; Colorado sports betting continues to set records Evan Kruegel, KDVR.com · October 10, 2020 at 6:26 pm It has been five months since sports betting was legalized in Colorado, and as more sports return, big money is beginning to flow. Numbers from the state’s Department of Revenue show Coloradans placed more than $128 million in wagers in August, an average of more than $4 million every single day. That’s a sizable change from May, when Coloradans placed $25 million in bets on things like … [Read more...]
Colorado: Teller County strikes out in variance bid for casino table games Rick Langenberg, Mountain Jackpot News · October 8, 2020 at 4:00 pm In another blow for the Cripple Creek casino community, the city and county, state health officials denied a bid last week, submitted by the Teller commissioners, for a variance to bring back casino table games and 24/7 alcohol service. As a result, blackjack and poker buffs may have to partake in these activities in gaming towns near Denver or at their homes. But in a slight compromise, … [Read more...]
Inside Colorado’s unprecedented $1.625M+ deal with PointsBet Ross Dellenger, Sports Illustrated · October 3, 2020 at 12:07 pm Sports gambling company PointsBet is betting big on the Buffaloes. The University of Colorado will get at least $1.625 million as part of a five-year advertising agreement with the gambling company, as well as receiving a $30 referral fee for each new gambling customer it sends to PointsBet. That’s according to a copy of the contract between PointsBet and Buffalo Sports Properties LLC, CU’s … [Read more...]
Measure would give Colorado casino towns, counties more say Charles Ashby, Daily Sentinel · October 1, 2020 at 3:16 pm It’s unknown how much new revenue would be generated from a constitutional amendment on this fall’s ballot that would give the areas of the state that are allowed to have casinos the authority to set bet limits and decide what types of games they can offer. But because Amendment 77 impacts a ballot measure approved by voters more than a decade ago that expanded bet limits and added specific … [Read more...]
Colorado: Inside DraftKings’ new in-person sportsbook in Black Hawk Tiney Ricciardi, Denver Post · September 25, 2020 at 3:43 pm As enthusiasm for sports betting continues to grow with the return of major league sports, one of the biggest players in the betting game is offering Coloradans a new way to wager on their favorite teams. On Friday, DraftKings unveiled its new retail sportsbook inside the Mardi Gras Casino in Black Hawk, where fans can go to watch sporting events and place bets in-person, versus through the … [Read more...]
DraftKings expands Colorado presence through Black Hawk sportsbook, deal with Rockies CDC Gaming Reports · September 24, 2020 at 9:27 am DraftKings, which already has a presence in Colorado through its mobile sports wagering app, will open a retail sportsbook Friday at the Mardi Gras Casino in Black Hawk. The casino, which is owned by Rhode Island-based Twin River Worldwide Holdings, will have 40 televisions, 22 seats, large video boards dedicated to displaying odds, several self-service betting kiosks, and a full-service … [Read more...]
Colorado sports betting wagers jump 117% during August Matthew Waters, Legal Sports Report · September 24, 2020 at 7:25 am The Colorado sports betting market hit an important milestone in just its fourth month, with a big boost from an old friend. Handle more than doubled from July to $128.6 million in August. The ramp-up was certainly helped by a generous schedule of sports typically unseen in the month. Surprisingly, one of the top-bet sports of the coronavirus pandemic is sticking around as well. Table … [Read more...]
Colorado: Commissioners seek variance for table games in Cripple Creek casinos Pat Hill, Pikes Peak Courier · September 22, 2020 at 7:44 am Citing evidence of the reduction of the number of COVID-19 cases in Teller County, the commissioners requested a variance this month to allow the return of table games in Cripple Creek casinos. If approved by the Colorado Department of Public Health and Environment, the restrictions proposed by the commissioners would allow three players at the blackjack table and four for roulette. If the … [Read more...]
Opinion: Thoughts on raising casino betting limits in Colorado Boulder Daily Camera · September 19, 2020 at 3:10 pm Sin may keep a person out of heaven, but it will provide big tax revenues for the State of Colorado. The odds are that this Amendment 77 will be passed by voters. What I know about gambling could fit into a pair of hollow dice, but it seems that there is always an effort to make the approval of our sins more palatable by tying it to the funding of some worthwhile cause such as, in this case, the … [Read more...]
Colorado county leaders seek to free creek casinos from gaming and drinking restrictions The Mountain Jackpot News · September 18, 2020 at 3:21 pm With an extremely responsible stance in handling the coronavirus epidemic by local operators, it’s time for gaming action to return to normal inside Cripple Creek casinos. More specifically, it’s time to bring back table games, including blackjack, poker, craps and roulette, with proper social distancing restrictions, along with 24/7 alcohol service. That is the gist of the latest variance … [Read more...]
NFL betting, return of table games offers glimmer of hope in Colorado’s COVID-impacted casino towns Joe Rubino, TimesCall.com · September 14, 2020 at 8:50 pm Like many corners of Colorado that had high hopes for 2020, the state’s gambling capital of Gilpin County has absorbed some serious body blows in wake of the COVID-19 pandemic. The novel coronavirus shut down casinos in Black Hawk, Central City and across the state from March 17 through mid-June. Now Gilpin leaders are trying to reckon with a more than $4.5 million hole in the county’s … [Read more...]
Colorado: Wildwood Casino gets preliminary approval for workforce housing development Rick Langenberg, Mountain Jackpot News · September 12, 2020 at 3:32 pm After years of talking and doing studies about a critical local issue, the workforce housing chants are getting louder and may finally result in a new tangible, real-life project in Cripple Creek. Last week, the Cripple Creek City Council, with virtually no objections, granted a special exception green light for the Wildwood casino and owner Joe Canfora for a phased plan to convert part of the … [Read more...]
Colorado: Gilpin County casinos restarting table games Conor McCormick-Cavanagh, Westword · September 11, 2020 at 3:36 pm For three months, Colorado casino operations were at a standstill, after the state closed gambling venues to flatten the COVID-19 curve. That closure led to a massive financial hit for the gaming industry, with many workers furloughed or laid off. In June, the state allowed casinos to reopen under strict public-health guidelines. Slot machines were allowed, but table games such as blackjack and … [Read more...]
Colorado: Community colleges back ballot measure to empower casino towns Joey Bunch, Colorado Politics · September 10, 2020 at 3:02 pm The potential beneficiary of loosening up local gambling laws threw its support behind Amendment 77 on Wednesday afternoon. The ballot measure this November would allow residents in the casino towns of Cripple Creek, Central City and Black Hawk to raise betting limits and add games. The windfall would go to the state's community college system for student retention and career education … [Read more...]
Colorado, PointsBet sign first-ever deal between NCAA programs and sports book Eben Novy-Williams, Sportico · September 9, 2020 at 6:44 am The University of Colorado is the first NCAA school to sign an official sports betting partner, a major step forward in dismantling college sports’ decades-long aversion to gambling. The Boulder-based school has a new five-year deal with PointsBet, which is building its U.S. headquarters in nearby Denver. Legal sports betting went live in Colorado in May, and partnering with the state’s biggest … [Read more...]
TheScore Bet goes live in Colorado, promotes different strategy from DraftKings, FanDuel Shlomo Sprung, Forbes · September 3, 2020 at 1:49 am Canadian sports and gaming company theScore announced Wednesday that theScore Bet has launched its popular mobile app and mobile sportsbook in Colorado as it rolls out its multi-state initiative beyond New Jersey, where it launched last year. The Score gained market access in Colorado through a previously announced agreement with Gilpin Casino, a subsidiary of U.S. gaming operator Jacobs … [Read more...]
Did Colorado sports bettor catch another FanDuel sportsbook gaffe? Matthew Waters, Legal Sports Report · August 28, 2020 at 7:11 am FanDuel Sportsbook could find itself under regulatory investigation again because of a mistake, this time in Colorado. A bettor who said he found a loophole in a FanDuel offering says the company won’t pay out his parlay bets after a few legs were marked as losses. But technically, the bets may not have lost. That’ll be up to Colorado regulators to decide, should it get that far. JaVan … [Read more...]
Colorado sports betting tops $59M in total wagers during July Howard Stutz, CDC Gaming Reports · August 27, 2020 at 7:10 am Colorado launched sports betting in the midst of the gaming industry’s nationwide casino closures due to the coronavirus pandemic, which also shut down college athletics and professional sports. Gaming operators in the state are now seemingly making up for lost time. The Colorado Division of Gaming said Wednesday the state’s retail and online sportsbooks took in almost $59.2 million in … [Read more...]
Colorado: Ute Mountain Casino Hotel reopens with safety measures in place Noel Lyn Smith, Farmington Daily Times · August 24, 2020 at 6:59 am During the five months the Ute Mountain Casino Hotel has been closed, it has undergone thorough cleaning and put into effect enhanced safety measures to welcome back guests. "We've been sanitizing and cleaning and shampooing for five months," General Manager Rick Scheer said of the facility, which houses the 90-room hotel, casino, restaurant and gift shop. Scheer talked on Aug. 19 about … [Read more...]
Colorado: Teller County spared any punitive action by state health officials over pandemic spike Mountain Jackpot News · August 19, 2020 at 8:59 pm Teller County is on the right track in its battle against the coronavirus activity and won’t face any more COVID-19 mandated restrictions by the state. More importantly, local businesses and casino operators don’t have to worry about any pending shutdowns or temporary closures. In fact, the county’s designation as a problem area may get changed to moderate, which marks a big improvement from … [Read more...]
Colorado: Cripple Creek/Victor area maintaining coronavirus-free track record The Mountain Jackpot · August 18, 2020 at 4:10 pm Despite a surge in coronavirus cases in the high country, the southern Teller area is boasting a COVID-19-free zone, even with the reopening of armies of ringing slots and the return to semi-regular business. In fact, local officials are praising the safety protocols and cleaning procedures used by casino operators. This could play a key role during a state review of a county variance, which … [Read more...]
Delay of PAC-12 football season sends Colorado sportsbooks scrambling Matt Rybaltowski, Cobets.com · August 14, 2020 at 1:53 am Less than three weeks before the scheduled start of the 2020-21 college football season, the Colorado sports betting market is still reeling from a major setback on Tuesday when two Power 5 conferences postponed the fall sports schedule for the remainder of the calendar year. The delay of the Pac-12 football season, combined with the postponement of the Mountain West fall football season a day … [Read more...]
‘Resilient’ Century Casinos tops Wall Street second quarter forecasts Matthew Crowley, CDC Gaming Reports · August 10, 2020 at 7:29 am As it did for many casino companies, the coronavirus pandemic turned the big earnings report arrows upside down (or sent them further down) in the second quarter for Century Casinos. The loss widened, cash flow and revenue fell, and the company recorded $1.2 million in impairment to goodwill and intangible assets in the quarter from the infection curve-flattening COVID-19 closures. However, the … [Read more...]
Century Casinos selling its property in Calgary for $7.5 million CDC Gaming Reports · August 5, 2020 at 8:04 pm Colorado-based Century Casinos said Wednesday it was selling Century Casino Calgary to 2267166 Alberta for $7.5 million (10 million in Canadian dollars), plus a three-year quarterly earn-out as specified in the agreement. In a statement, Century said the $7.5 million was non-refundable. Century, through a subsidiary, will continue to operate the sports bar, bowling, and entertainment at the … [Read more...]
Colorado sports betting launched with sports shut down Ryan Osborne, Denver Channel · August 5, 2020 at 3:57 am Sports betting became legal in Colorado on May 1, with one minor issue: There were no sports, at least none familiar to most Americans. The major sports leagues had shut down amid the COVID-19 pandemic, and Colorado casinos, by that point, were also closed. Still, the early data showed that Colorado bettors found plenty of ways to stay busy online: Table tennis matches — mostly held in … [Read more...]
Here’s what one Colorado casino learned launching sports betting with sports shut down Ryan Osborne, ABC 7 Denver · August 4, 2020 at 3:14 pm DENVER — Sports betting became legal in Colorado on May 1, with one minor issue: There were no sports, at least none familiar to most Americans. The major sports leagues had shut down amid the COVID-19 pandemic, and Colorado casinos, by that point, were also closed. Still, the early data showed that Colorado bettors found plenty of ways to stay busy online: Table tennis matches — mostly held … [Read more...]
Broncos Legend Rod Smith Getting in on Colorado Sports Betting Game Conir McCormick-Cavanagh, Westword · August 4, 2020 at 3:29 am Rod Smith, the Super Bowl-winning former wide receiver for the Denver Broncos, is getting in on the sports betting game: He's now chief brand ambassador with Denver Sports Betting, a local sports betting analysis website. "Everybody thinks they know every game, who's going to win, who's going to score how many points. Now you can put your money where your mouth is," says Smith, who has called … [Read more...]
Colorado: Supporters of expanded gambling turn in signatures for crowded ballot Shaun Boyd, CBS4 · August 1, 2020 at 6:03 pm Colorado could see more types of casino games and higher bet limits. Supporters of a measure that would allow gaming towns to raise the stakes and legalize new games turned in signatures this week. Right now, if casinos in Colorado want to raise the limit on how much people can bet, the whole state has to approve it. Under the ballot measure, only Black Hawk, Central City and Cripple Creek … [Read more...]
Colorado: Canceled events, casino closures hit Cripple Creek finances Alasyn Zimmerman, KOAA.com · July 29, 2020 at 8:10 pm Local governments all across the country are being hit hard by the pandemic. Between stay at home orders and other restrictions since March, it's resulted in a loss of revenue across the board. For a casino town like Cripple Creek in Teller County, the three-month-long closure of its casinos is just one part of the equation when it comes to losing money. "The town was virtually a ghost town … [Read more...]
Colorado Sees Sharp Uptick In Sports Betting Handle For June Chris Altruda, Sports Handle · July 28, 2020 at 8:20 pm More sportsbooks, a bigger handle, and a continued affinity for table tennis marked the Colorado sports betting revenue report for the month of June released Tuesday by the Colorado Department of Revenue’s Gaming Division. The state agency reported a handle of slightly more than $38.1 million for June, an increase of 49% compared to its initial report for May. In contrast to the initial month … [Read more...]
Colorado: Wildwood kicks off sports betting craze with revamped Woody’s Mountain Jackpot News · July 27, 2020 at 3:12 pm After weeks of speculation, sports betting has arrived in Cripple Creek, just in time for the opening pitch for Major League Baseball on Thursday (July 23). Last week, the town’s first official in-person wagers on professional sports contests occurred at the new retail sportsbook at Wildwood Casino, with a revamped Woody’s Sports Bar and Grill. “I hope to see the first bet made today,” said … [Read more...]
Colorado: William Hill launches sports betting at Isle Casino and Lady Luck in Black Hawk CDC Gaming Reports · July 23, 2020 at 7:17 pm William Hill US will launch its first sports betting operation in Colorado Friday with six kiosks in Isle Casino Hotel and Lady Luck Casino in Black Hawk. The locations mark the first deal between William Hill and the newly launched Caesars Entertainment, which was created through the $17.3 billion merger between Eldorado Resorts and Caesars. Eldorado as the acquiring company and took on the … [Read more...]
Furloughs, credit line adjustments soften coronavirus blow for Monarch Casino Resort Matthew Crowley, CDC Gaming Reports · July 23, 2020 at 7:26 am A spoonful of foresight and assistance from bankers, helped the coronavirus shutdown go down not delightfully, but not disastrously for Monarch Casino Resort. The Reno-based casino operator reported a second-quarter per-share loss, but the result and revenue topped Wall Street revenue. In a statement issued after stock markets closed Wednesday, Monarch said its net loss for the three months … [Read more...]
Colorado: Monarch Casino in Black Hawk is hiring hundreds of people Matt Renoux, 9News Denver · July 22, 2020 at 1:40 am The gold rush may have ended long ago in the city of Black Hawk, but the team at the Monarch Casino hopes it's coming back. "I would say the gold rush is still alive," said Erica Ferris, the director marketing at the Monarch Casino. Most towns have seen a bust since the COVID-19 pandemic began. Businesses are laying off thousands of people, and Colorado's unemployment rate was … [Read more...]
Colorado: Cripple Creek casinos report strong first month after reopening Wayne Heilman, Colorado Springs Gazette · July 16, 2020 at 6:53 am Customers have returned to Cripple Creek casinos in bigger-than-expected numbers after being closed for three months. And they’ll have another reason to visit the Teller County city when the first in-person sports wagering operation opens there on Wednesday. The Wildwood Casino will open Cripple Creek’s first sportsbook at 10 a.m. in its Woody’s Sports Bar & Grill, which will continue to … [Read more...]
Colorado: City of Cripple Creek waives betting device fees for third time Rick Langenberg, Mountain Jackpot News · July 14, 2020 at 1:26 am Cripple Creek city leaders put their St. Nick holiday hat on for the third time in the last few months and granted the gaming industry another big waiver on their betting device fees. But this time, Creek gaming establishments only got a break for the first two weeks of June, marking another period in which no gambling action occurred in Cripple Creek due to the mandated casino closures ordered … [Read more...]
Colorado fans wagered $25.6 million in first month of legal sports betting Tiney Ricciardi, Denver Post · July 14, 2020 at 12:54 am Colorado’s sports betting industry kicked off May 1 during a global pandemic and in the absence of most major league sports. But that didn’t stop fans from placing bets — particularly on ping pong. According to the Division of Gaming, Coloradans wagered more than $25.6 million on various competitive events during the first month of legalized betting. Table tennis was the most popular sport … [Read more...]
OPINION: One size doesn’t fit all for Colorado sportsbooks Holden Kushner, SportsHandle · July 13, 2020 at 8:31 pm Colorado has become something of a test market for legal sports betting. It is the first U.S. jurisdiction in which a tribal property launched an online sportsbook that’s available statewide; where Circa expanded outside of Nevada; where the SuperBook will expand out of Nevada; where the U.K.-based Smarkets made its American debut; and where the Australia-based PointsBet has established its U.S. … [Read more...]
Deal between BetMGM and Denver Broncos includes stadium lounge, mobile game Howard Stutz, CDC Gaming Reports · July 10, 2020 at 2:04 am Mobile wagering platform BetMGM and the NFL’s Denver Broncos announced a multi-year partnership Thursday that will include a BetMGM Lounge at Empower Field at Mile High Stadium, VIP travel packages, and benefits through MGM Resorts International’s player loyalty program. BetMGM, a joint venture between MGM Resorts and United Kingdom-based wagering giant GVC Holdings, launched sports wagering in … [Read more...]
DraftKings to open its first Colorado retail sportsbook in Black Hawk Howard Stutz, CDC Gaming Reports · July 9, 2020 at 1:45 pm DraftKings will open its first retail sportsbook in Colorado Friday when the company launches a temporary facility at Mardi Gras Casino in Black Hawk. The location will feature eight self-service betting kiosks, a cashier window, and several large flat screened TVs. Colorado will mark the seventh DraftKings-branded retail sportsbook, joining locations in Iowa, Mississippi, New Jersey, and New … [Read more...]
Betsson set to enter U.S. sports betting market in Colorado Pete Ruden, The Action Network · July 5, 2020 at 12:00 pm Betsson, a Sweden-based operator, has reached a deal with Dostal Alley Casino to enter the United States through the Colorado sports betting market. It plans to launch its sportsbook in early 2021 after it receives regulatory approval. Its initial agreement with Dostal Alley will last for 10 years. Betsson CEO and president Pontus Lindwall said in a release the company has … [Read more...]
Circa sports betting app debuts in Colorado Wayne Heilman, The Gazette · July 1, 2020 at 8:14 pm Circa Sports will launch its sports betting mobile application Wednesday in partnership with Century Casinos, advertising that it will take bigger bets than many other online wagering providers.Circa Sports CEO Derek Stevens said the company will take $5,000 to $10,000 bets on almost any sport allowed for betting in Colorado and $100,000 bets are "pretty frequent." He said bet limits will … [Read more...]
Colorado: What Black Hawk casinos are like after reopening Michael Roberts, Westword.com · July 1, 2020 at 6:27 am Of all the Colorado businesses reopening during recent weeks amid the COVID-19 crisis, casinos face some of the biggest challenges. After all, a significant portion of their clientele is in the sixty-and-up demographic that's most at risk of fatal consequences from the novel coronavirus, and casino operators need to persuade such folks that they won't be gambling with their lives while gambling … [Read more...]
Betfred attains first-mover advantage in Colorado by pure happenstance Matt Rybaltowski, CoBets · June 25, 2020 at 7:55 pm When Gilpin County provided a green light to casinos last week for reopening following an unprecedented three-month shutdown, Bryan Bennett had an inclination that Betfred USA would be among the first operators in Colorado to accept wagers at a retail betting window. Bennett, who serves as the chief operating officer at Betfred USA, surprised even himself. One week after launching a sportsbook … [Read more...]
Colorado: Coronavirus stymies Central City’s plan for a casino town’s cultural renaissance Sarah Mulholland, CPR · June 25, 2020 at 3:13 pm On the day Colorado’s casinos were allowed to reopen, June 17, the streets were still quiet in Central City, a small gambling town in the foothills about 45 minutes west of Denver. The town’s mayor, Jeremy Fey, normally likes to show people around, but he hasn’t had much of an opportunity lately. “We are seeing the effects of COVID. There would be more people out and about if it wasn’t for … [Read more...]
With sports betting legal in Colorado, Broncos and Fanduel ink partnership for future Richie Cozzolino, KKTV.com · June 20, 2020 at 6:30 pm When sports return to America, the Denver Broncos have their wingman. On Monday, the Broncos announced a multi-year agreement with sports betting website FanDuel to become their "official team sportsbook". The move makes the Broncos the first NFL team to announce such a partnership with a daily fantasy website in league history. "You look at the Broncos and their affinity across the … [Read more...]
Saratoga Casino Black Hawk opens first retail sportsbook in Colorado Matt Rybaltowski, CoBets · June 19, 2020 at 6:31 am Saratoga Casino Black Hawk accepted its first sports wager earlier this week becoming the first casino in Colorado to open a brick-and-mortar sportsbook, Colorado Division of Gaming Director Dan Hartman announced at Thursday’s Colorado Limited Gaming Control Commission meeting. The sportsbook, powered by Betfred USA Sports, wrote its first bet on Wednesday coinciding with the reopening of the … [Read more...]
Colorado: Cripple Creek casinos reopen with crowds, lines Wayne Heilman, Colorado Springs Gazette · June 17, 2020 at 7:41 am More than 300 customers, some arriving up to two hours early, lined up Monday morning in front of 11 casinos in this Teller County city, waiting to play slot machines for the first time since all gambling facilities in Colorado closed in mid-March to slow the spread of the coronavirus. Crowds built throughout the morning, with one casino at the city’s north end, the Wildwood, reaching its … [Read more...]
Broncos sign deal with FanDuel to become first NFL team to partner with a sportsbook Darren Rovell, The Action Network · June 17, 2020 at 1:27 am The Denver Broncos are the first NFL team to sell an official sportsbook sponsorship. The Broncos and FanDuel announced Monday that the two had struck a deal that would make FanDuel an official sports betting partner of the team. Last season, the NFL only allowed teams to sign deals with casinos. And for casinos that had sportsbooks, they were not part of the deal. Then in February, the … [Read more...]
‘Sports gambling heaven is coming, even as Broncos announce FanDuel sponsorship Paul Klee, Colorado Springs Gazette · June 15, 2020 at 11:05 pm Forgetting things? You’re in luck. There’s never been a better time for a sports fan to have a terrible memory. Can’t remember the Peyton Manning vs. Tom Brady matchups at Mile High? No worries. Flip on NFL Network, and the 2013 and 2015 AFC championship games are probably replaying at some point. Don't recall how the Nuggets upset the Sonics way back in Game 5? Fire up Altitude TV. See if … [Read more...]
Casinos in Colorado counties prepare to reopen after three-month long closure Adi Guajardo, ABC-7 (Denver) · June 14, 2020 at 11:06 pm Casinos sat dormant for nearly three months but in less than a week, the flashing lights and sounds of slot machines will come alive. The state has approved the reopening of casinos in Gilpin and Teller counties, with a list of new guidelines. Since casinos closed their doors, the vibrancy and tourism in Black Hawk and Central City grew eerie and the towns look desolate. COVID-19 marked a … [Read more...]
What to expect when Cripple Creek casinos reopen Monday Wayne Heilman, The Gazette · June 14, 2020 at 5:04 am Cripple Creek casinos reopen Monday, but don't expect them to operate anything like they did when the 12 gambling halls closed three months ago as part of state restrictions to slow the spread of the COVID-19 pandemic. The number of slot machines available for play likely will be half of the 3,510 machines that were on casino floors as of Feb. 29; none of the 53 blackjack, poker or roulette … [Read more...]
Colorado: Southern Teller and Cripple Creek receiving an early glimpse of renewed life Rick Langenberg, The Mountain Jackpot News · June 11, 2020 at 3:25 pm Southern Teller, including the gaming community of Cripple Creek, is slowly awakening from a several- month hibernation, resulting from the COVID-19 epidemic. But the big lingering question: When will the casinos reopen? Early next week, according to local and state officials, after COVID-19 cautionary staff training is completed and other details are worked out. This follows the approval of … [Read more...]
Colorado’s Sky Ute becomes first to launch statewide tribal sports betting app Brett Smiley, US Bets · June 9, 2020 at 6:26 pm The quickly growing Colorado online sports betting market added a significant new player on Tuesday when the Sky Ute Casino Resort announced it will go online with its Sky Ute SportsBook. The launch is the product of a partnership between the Ignacio, Colo.-based Southern Ute Indian Tribe, and the Nevada-based sportsbook group USBookmaking, helmed by Nevada Gaming Hall of Famer Vic Salerno. The … [Read more...]
Colorado variance allows Teller County to reopen casinos, bars, gyms, places of worship Erin Prater and Wayne Heilman, Colorado Springs Gazette · June 9, 2020 at 2:47 am Teller County can reopen casinos, bars and places of worship, among other venues, as well as host public gatherings, thanks to a state variance received Sunday. The waiver also allows for the reopening of gyms and movie theaters. The reopening of casinos involves only the operation of slot machines; the reopening of game tables will be considered again in three weeks, said Jill Hunsaker Ryan, … [Read more...]
Colorado: Gilpin County – Black Hawk and Central City – to reopen casinos June 17 Jenna Caroll, Fox 31 News (Denver) · June 7, 2020 at 11:53 pm The Colorado Department of Public Health and Environment has approved Gilpin County’s request for a variance that will allow casinos to reopen. The variance approves slot machines to be operational. “An evaluation of the appropriateness to open table games will happen in three weeks,” a spokesperson from Gilpin County said. The opening date for casinos will be June 17. This will give … [Read more...]
Colorado sports betting hits $25 million in wagers in first month Legal Sports Report · June 6, 2020 at 3:23 pm A lack of major sports didn’t dampen the pent-up demand for Colorado sports betting in its launch month. Sports bettors wagered $25.5 million in Colorado in May after the industry officially launched May 1. That handle was spread across six operators, including some of the biggest names in sports betting: BetMGM BetMonarch BetRivers DraftKings Sportsbook FanDuel Sportsbook … [Read more...]
The clock is ticking: Counties press Colorado to reopen casinos Matt Rybaltowski, CO Bets · June 5, 2020 at 7:11 am As the nation enters its fourth month in the fight against COVID-19, casinos in nearly a dozen states are gradually opening their doors. At its peak, the coronavirus pandemic led to the temporary closure of all 989 casinos nationwide, comprising both tribal and commercial properties. As of June 4, 494 casinos had resumed operations, according to the American Gaming Association, with more than … [Read more...]
Colorado casinos ante up with proposals to reopen as coronavirus restrictions ease Judith Kohler, Denver Post · May 30, 2020 at 5:27 pm Communities that are home to Colorado’s casinos are forging ahead with plans to reopen, even as they struggle to understand exactly how they get approval to do so. Government and business leaders in Gilpin County have submitted a 50-page request for a variance from the state’s “safer-at-home” restrictions so the pinging of slot machines can rev up again. Teller County will likely resubmit its … [Read more...]
Colorado: Saratoga Harness Racing terminates acquisition of Wildwood Casino CDC Gaming Reports · May 20, 2020 at 10:04 pm With the coronavirus pandemic shutting down casinos across the U.S., Saratoga Harness Racing has terminated its previously announced agreement with American Gaming Group to purchase Wildwood Casino in Cripple Creek, Colorado. Both parties deemed the termination necessary because of the economic impacts of the health crisis. "At this time, we believe it's in the best interest of both companies, … [Read more...]
Century Casinos focusing on Colorado sports betting, reopening properties Howard Stutz, CDC Gaming Reports · May 20, 2020 at 3:06 pm As with the rest of the gaming operating sector, Colorado-based Century Casinos focused on life post-COVID-19 rather than first-quarter results Wednesday. The company, which operates casino and racetracks under the Century brand in Colorado, Missouri, and West Virginia, and internationally in Canada and Poland, said in a statement it hopes to reopen properties – closed since mid-March due to … [Read more...]
Colorado sports betting market adds world’s largest sportsbook operator Brad Allen, Legal Sports Report · May 20, 2020 at 2:03 am The world’s largest online sportsbook operator, bet365, is heading to the Colorado sports betting market. The firm today announced a licensing and revenue share agreement with Colorado property Century Casinos. Following the agreement, bet365 said it would complete the necessary approval process to obtain a CO sports betting license. The company will launch an online betting site and app … [Read more...]
Colorado: The plan for sports wagering to be a salvation is thrown a curve Joey Bunch, Wayne Heilman and Jerd Smith, Colorado Politics · May 6, 2020 at 11:40 pm The proposition was supposed to be simple: legalize and tax sports betting, fund the state water plan and solve a critical growth problem for Colorado. In the dealer's choice of taxing and spending, everybody wins. There are, however, no sure bets in politics and policy. "The playbook has kind of gone out the window," said Dan Hartman, director of Colorado’s Division of Gaming. He said … [Read more...]
Colorado casinos went bust when coronavirus hit. Here’s why they see a lucky streak ahead. Jason Blevins, Colorado Sun · April 30, 2020 at 8:00 pm Sean Demeule leans over the railing and surveys a silent sea of slot machines in the state’s largest casino. The general manager of the 523-room, 1,250-slot Ameristar Casino Resort shakes his head and chuckles quietly. It’s the only sound in the cavernous gambling hall. “It would never be like this. Ever,” he says. “I’ve never seen it like this.” The shuttering of casinos on March 16 … [Read more...]
Here are the operators launching online Colorado sportsbooks on Friday Jill Dorson and Matt Rybaltowsk, SportsHandle · April 30, 2020 at 2:05 am Friday is the day Colorado regulators and operators have had circled in red on their calendar since November 2019 when voters legalized sports betting in Colorado via referendum. The Colorado Limited Gaming Control Commission (LGCC) will have a final pre-launch day meeting Thursday, and Friday, four operators say they will go live with their mobile platforms. According to Colorado law, … [Read more...]
Colorado: Black Hawk helps 15 casinos shut down during coronavirus pandemic CBS Denver · April 28, 2020 at 11:57 pm The City of Black Hawk is helping 15 casinos that have been shuttered during the coronavirus pandemic. The city has waived another $700,000 in fees for the month of April. The city did the same thing in March. The city is also allowing casinos to defer rent payments to a later date. The gaming industry has been excluded from loans provided by the government to help businesses stay alive … [Read more...]
Analysis: Who benefits from Colorado sports betting starting without sports? Brad Allen, Legal Sports Report · April 28, 2020 at 2:05 am Colorado sports betting is pushing ahead with a May 1 launch date despite the absence of actual sports. It’s at odds with the choice made over in Washington, D.C., where the Lottery will wait until sports return to launch its platform. Doing the opposite of D.C. is probably the smart move when it comes to sports betting, though clearly that wasn’t Colorado’s rationale. Dan Hartman, director … [Read more...]
Colorado sports betting set to launch May 1 Chrstine Ricciardi, The Denver Post · April 27, 2020 at 4:01 pm When legal sports betting comes to Colorado on May 1, the landscape will look vastly different than fans and regulators anticipated. The 146th Kentucky Derby, originally slated for the same weekend, would have been one of the first events available for wagering. Major League Baseball was supposed to be in full swing. And both National Basketball Association and National Hockey League playoffs … [Read more...]
Bandy? Pesapallo? Colorado will offer betting on oddball sports Jill Dorson, Centennial Bets · April 23, 2020 at 10:08 pm When the Colorado Limited Gaming Control Commission approved its catalog of sports wagers last week, it did so with a few sports that don’t appear to be available to wager on anywhere else in the U.S.: pesapallo and bandy. If those words don’t roll off your tongue when you’re thinking of sports, it’s no surprise — they find their roots in Scandinavia. Pesapallo is a Finnish version of baseball … [Read more...]
Coronavirus effect alters Monarch Casino Resort’s first-quarter results in a flash Matthew Crowley, CDC Gaming Reports · April 22, 2020 at 8:38 pm Monarch Casino Resort on Wednesday sang what’s likely to be a common first-quarter earnings season refrain. Earnings were up, revenue was climbing, and everything looked rosy pink. But then the novel coronavirus rolled in like a thundercloud, followed by state-mandated casino shutdowns. Everything quickly grew darker. The Reno-based casino operator reported per-share earnings and revenue … [Read more...]
Take a bite from Colorado’s huge buffet of sports betting options Jill R. Dorson, SportsHandle · April 20, 2020 at 11:13 pm When the first legal sports bet is placed in Colorado, there will be no shortage of bet types to choose from. Colorado regulators earlier this month unveiled their “sports betting catalogue,” which lists 48 specific sports or events that can be wagered on and includes more than 1,000 specific types of bets. An amended version of the catalog was approved by the Limited Gaming Control Commission … [Read more...]
IGT to team up with Circa Sports in Colorado mobile sports betting Howard Stutz, CDC Gaming Reports · April 16, 2020 at 1:41 pm International Game Technology said Thursday it will provide the technology to power the Circa Sports mobile wagering application in Colorado. Earlier this year, Circa Sports, which is owned by downtown Las Vegas casino operator Derek Stevens, announced plans to launch its mobile sports betting application in Colorado in partnership with Century Casino Cripple Creek. Colorado, which legalized … [Read more...]
Colorado: Closures of Isle of Capri and Lady Luck casinos impact nearly 500 workers Aldo Svaldi, Broomfield Enterprise · April 14, 2020 at 11:17 pm The owners of the Isle of Capri and Lady Luck casinos in Black Hawk have informed the state that they will furlough 470 workers as a result of closures tied to the COVID-19 outbreak in Colorado. “This emergency and these sudden and unexpected circumstances caused the temporary facility closure and adversely affected our business operations,” Christopher Cowen, the interim human resources … [Read more...]
‘The Superbook’ brings its Vegas brand of sports betting to Colorado Patrick Everson, Covers · April 14, 2020 at 7:18 am In the wake of a May 2018 U.S. Supreme Court ruling that opened the doors for the expansion of legal sports betting, many sportsbook operators – some brand new, some long-established – quickly opened up shop in New Jersey and elsewhere. The SuperBook, long seen as the industry standard when it comes to sports betting odds in Nevada, was biding its time. That time arrived Monday morning, with … [Read more...]
Prominent sportsbooks aim to launch in Colorado, but ready for an audible Matt Rybaltowski, Centennial Bets · April 10, 2020 at 5:14 pm Despite the unprecedented challenges brought about by the spread of COVID-19, a host of prominent sportsbook operators have forged ahead with plans to launch in Colorado. The Colorado Limited Gaming Control Commission (LGCC) approved a wave of license applications at an April 2 meeting, including temporary operator licenses for Circa Sports Colorado LLC, Rush Street Interactive Colorado, LLC, … [Read more...]
DraftKings, FanDuel planning May 1 launch in Colorado Jill R. Dorson, SportsHandle · April 8, 2020 at 2:15 pm While Major League Baseball explores the possibility of having all 30 teams play only in Phoenix with no fans and the NBA considers how to finish its season in a bubble, it’s pretty clear that there will be no live professional sports happening in the United States by May 1. COVID-19 shut down all major professional American sports on March 12. But DraftKings and FanDuel, which have both gained … [Read more...]
City of Cripple Creek waives $300,000-plus worth of device fees Rick Langenberg, Mountain Jackpot News · April 8, 2020 at 2:04 am Cripple Creek is a gambling town and the city government is upping the stakes by betting big on the future of the gaming industry. Last week, in a special meeting, attended by the maximum people permitted, the elected leaders opted to waive the device fees for the local casinos for the month of April, resulting from the mandatory closures enacted through the coronavirus crisis. They unanimously … [Read more...]
Colorado’s furloughed casino employees now eligible for fast-track hire into marijuana industry Tiney Ricciardi, The Denver Post · April 6, 2020 at 3:42 pm Since both industries have similar background checks, hiring accelerated during coronavirus pandemic At a time when unemployment insurance claims are skyrocketing, Colorado casino workers have a unique opportunity to go back to work in the state’s marijuana industry. Casinos employees with a valid license issued by the Colorado Limited Gaming Commission are eligible to be hired at cannabis … [Read more...]
Colorado Sports Betting Regulators Approve Licenses As Launch Date Draws Closer Matthew Waters, Legal Sports Report · April 4, 2020 at 5:41 pm Gaming regulators approved 32 more licenses related to Colorado sports betting, including six online operators and eight casinos. There were 64 casino, sportsbook or online sportsbook applications submitted as of April 1. That includes all of the state’s 33 commercial casinos, 12 retail sportsbook operators and 19 online sportsbooks. The Limited Gaming Control Commission did not touch on … [Read more...]
Century Casinos earns sports betting license for its two Colorado casinos CDC Gaming Reports · April 3, 2020 at 12:23 pm Colorado-based Century Casinos said Friday the company was granted licenses for sports betting by the Colorado Limited Gaming Control Commission for retail sportsbooks at its Century Casino & Hotels in Cripple Creek and Central City. The Commission also awarded Las Vegas-based Circa Sports a license for Internet and mobile sports wagering through one of Century’s online skins. Colorado, … [Read more...]
Colorado: Gaming commission approves wave of sports betting licenses Matt Rybaltowski, CentennialBets · April 2, 2020 at 11:50 pm The Colorado Limited Gaming Control Commission (LGCC) approved 18 sports betting licenses Thursday signaling its intent to launch legalized sports gambling this year despite the immense challenges presented by the spread of COVID-19. Following Thursday’s licensing actions, the LGCC has issued nearly three dozen sports betting licenses since the process began in February. The new law sets a May … [Read more...]
Technology company GeoComply licensed in Colorado for sports betting CDC Gaming Reports · April 2, 2020 at 2:22 pm GeoComply has been licensed by Colorado gaming regulators to offer its geolocation products to sports betting operators in the state for their mobile wagering activities. Colorado, which legalized sports betting last year, is still anticipating launching the activity in conjunction with the state’s casinos in Black Hawk, Central City and Cripple Creek by May 1. Mobile sports wagering is was … [Read more...]
Colorado gaming industry hit hard by COVID-19 Kayla Sherrell, PlayColorado · April 2, 2020 at 12:14 am It’s no secret that nearly every industry in Colorado is suffering hardships as COVID-19 makes its way across the state. The state’s gaming industry has been no exception. On March 17, Gov. Jared Polis ordered the temporary closure of Colorado’s casinos as part of an initiative to slow the spread of COVID-19. This move predates Gov. Polis’ larger initiative, which has shut down the majority of … [Read more...]
Colorado law mandates sports betting on May 1. What does it mean? Jill Dorson, Centennial Bets · March 30, 2020 at 9:08 pm Colorado’s new sports betting law mandates sports betting by May 1, 2020. But what, exactly, does that mean? The Colorado Limited Gaming Control Commission (LGCC) has been hurtling toward that date, holding virtual meetings during the COVID-19 crisis and continuing to review and approve license applications in anticipation of being ready to have live sports betting on May 1. But that doesn’t … [Read more...]
Colorado sports betting regulators still pushing toward May 1 launch Mathew Waters, Legal Sports Report · March 20, 2020 at 5:35 am Regulators are still pushing toward a May 1 launch date for Colorado sports betting. Whether that target is met in the face of the coronavirus pandemic will likely be decided next month. That’s according to Dan Hartman, the director of the Colorado Division of Gaming. Hartman and the Limited Gaming Control Commission met via web conference on Thursday. “We have not really approached the … [Read more...]
Coronavirus halts Colorado’s gaming industry, impact could be “tremendous” on mountain towns Christine Ricciardi, The Denver Post · March 18, 2020 at 3:43 pm Colorado’s gaming industry is at a standstill after the coronavirus outbreak shuttered the state’s casinos this week after already having scrubbed most of the major sports that had been expected to bolster the launch of legalized betting in the state this spring. On Monday, Gov. Jared Polis announced a mandatory 30-day closure of casinos, alongside bars, restaurants, gyms and other large … [Read more...]
Colorado: Polis orders statewide closure of seating at bars, restaurants Ben Mrkus, Colorado Public Radio · March 16, 2020 at 8:27 pm Colorado Gov. Jared Polis Monday ordered the closure of dine-in services at restaurants and bars throughout the state as he continues efforts to slow the spread of the coronavirus. He also ordered gyms, casinos and theaters to close. The order, effective immediately, allows restaurants to continue to serve meals for delivery or carry-out, but not for in-person dining. Polis said it would … [Read more...]
Recent acquisitions boost fourth-quarter cash flow measure for Century Casinos Matthew Crowley, CDC Gaming Reports · March 16, 2020 at 5:42 am Century Casinos said Friday that recent acquisitions helped boost the regional casino company’s fourth-quarter cash flow. During a conference call with analysts, the Colorado Springs, Colorado-based company said its U.S. and Canadian operations have not been hurt by the coronavirus outbreak. However, a write off of the company’s $16.5 million investment in the Century Casino Bath in the … [Read more...]
Monarch’s Colorado casino expansion delayed again; fourth-quarter net income falls Matthew Crowley, CDC Gaming Reports · March 12, 2020 at 6:33 am Preopening expenses and construction litigation costs linked to its long-delayed Black Hawk, Colorado, casino expansion, weighed on Monarch Casino Resort’s fourth-quarter earnings. Net income fell from a year earlier and missed Wall Street forecasts, though revenue rose and topped them. Shares sold off on the news, dropping 18.1% in regular trading. Monarch officials said they’re monitoring … [Read more...]
PointsBet Sportsbook eyes Denver tech pool for 200-person U.S. headquarters Holden Kushner, CentennialBets · March 7, 2020 at 7:57 pm PointsBet USA CEO Johnny Aitken placed his first bet at six years old. He tried to at least. He gave his father five Australian dollars to put on a 40-1 horse named Kenny’s Best Pal. But his father never placed the wager, because the horse was too much of a long shot. “He cost me $200,” Aitken says with a laugh. Since then, Aitken has placed many more wagers, broke into the business by … [Read more...]
DraftKings, Ameristar and more granted sports betting licenses in Colorado Tiney Ricciardi, Denver Post · March 6, 2020 at 5:59 am Colorado made more headway in preparing for the launch of legal sports betting this spring with the approval of several new licenses Thursday, including for the state’s first digital and retail sportsbooks. Popular sports betting app DraftKings and mega-casino Ameristar were among the second group of applicants approved for licensing at a special meeting of the state’s Limited Gaming Control … [Read more...]
Handicapping those next in line for sports betting license approval Matt Rybaltowski, CentennialBets · March 2, 2020 at 12:08 am As Colorado prepares for a May 1 launch of legalized sports betting, the nascent market is being compared favorably to a similar model adopted by New Jersey shortly after the repeal of PASPA two years ago. Within months in 2018, more than a dozen sportsbooks opened shop in the Garden State in an effort to capitalize on the long-popular, newly legal form of gambling. By comparison, the Colorado … [Read more...]
How does sports betting work in Colorado? Christine Ricciardi, Boulder Daily Camera · February 26, 2020 at 3:52 am Slots, blackjack and video poker have been legal to play at casinos in a trio of Colorado mountain towns since 1991. But this spring, gamblers will have a variety of new ways to wager when sports betting becomes legal, too. Here are the basics of Colorado’s new sports gambling industry — and how you can double down on the action. Colorado voters legalized sports wagering in November 2019 … [Read more...]
Colorado will decide what you can — and can’t — bet on in sports Tiney Ricciardi, Denver Post · February 21, 2020 at 2:56 pm With sports wagering set to launch May 1, Colorado regulators on Thursday decided the state will have the ultimate say on what gamblers can — and cannot — bet on within sporting events. The Colorado Limited Gaming Control Commission adopted rules governing the state’s new sports betting industry, including guidance on how so-called proposition betting opportunities will be … [Read more...]
Colorado nears legal sports betting liftoff after gaming commission approves rules Matt Rybaltowski, SportsHandle · February 21, 2020 at 12:27 am Colorado regulators cleared another hurdle Thursday in the effort to launch legal sportsbooks in Colorado in time for the Stanley Cup Finals. The Colorado Limited Gaming Commission approved nine sports betting rules for permanent adoption at a public session Thursday, as regulators remained on target to reach the state’s projected May 1 rollout. Last month, the Commission voted unanimously to … [Read more...]
Colorado: Proposed initiative would allow casino towns to remove betting limit Conor McCormick-Cavanagh, Westword · February 20, 2020 at 12:09 pm Gambling aficionados who play blackjack, poker, craps and other games in Colorado are limited to wagering no more than $100 on a single bet. That's considerably higher than the $5 limit this state's voters initially approved when they voted to allow "limited-stakes gaming" in Cripple Creek, Central City and Black Hawk back in 1990. In 2008, voters upped the ante on a single bet to $100. And … [Read more...]
Sports books, regulators debate sports betting data as Colorado preps for launch Matt Rybaltowski, CentennialBets · February 20, 2020 at 6:13 am On the final Friday of January when most sports and Shakira fans were making last-minute preparations for their Super Bowl celebrations, two stakeholders engaged in a heated but amicable debate in Colorado. Amid the high stakes, the participants Seth Young of PointsBet USA and Marquest Meeks of Major League Baseball, maintained their professionalism despite adopting opposing positions on a … [Read more...]
Circa Sports, Century Casinos agree to sports betting deal for Colorado Howard Stutz, CDC Gaming Reports · February 7, 2020 at 6:31 am Circa Sports, the wagering platform launched last summer by downtown Las Vegas casino owner Derek Stevens, has its first location outside Nevada. The company reached an agreement Thursday with Century Casinos to provide online and mobile sports betting for Century Casino Cripple Creek in Colorado. The state’s voters approved sports betting in last November’s election, and the activity is … [Read more...]
Colorado casinos preparing sportsbooks, betting apps ahead of legal sports wagering Jeremy Hubbard, Fox31 News · February 3, 2020 at 11:12 pm With less than 90 days to go until sports wagering becomes legal in Colorado, local casinos are designing and preparing to start construction on Vegas-style sportsbooks, complete with big-screen monitors, betting windows and kiosks. "(We're) thrilled that the voters passed sports betting last November. We're starting to plan how we're going to roll it out here at Ameristar. We're going to start … [Read more...]
Twin River signs sports betting deals with DraftKings and FanDuel for its Colorado casinos Howard Stutz, CDC Gaming Reports · January 27, 2020 at 4:04 pm Two days after completing the acquisition of three Colorado casinos, Twin River Worldwide Holdings said it has deals in place with two partners to launch online and retail sports betting operations in the state. Rhode Island-based Twin River said Monday FanDuel Sportsbook and Draft Kings Sportsbook will provide mobile and online sports betting through two of the three licenses acquired by Twin … [Read more...]
Twin River closes Colorado casino purchase; pays $51M for three properties Howard Stutz, CDC Gaming Reports · January 24, 2020 at 2:44 pm Twin River World Holdings took ownership of three Colorado casinos Friday after closing a $51 million purchase from Affinity Gaming that was announced last year. The Rhode Island-based company now owns the Golden Gates, Golden Gulch and Mardi Gras casinos in Black Hawk, which serves the Denver market. Twin River also owns the Arapahoe Park racetrack near Denver. The Colorado purchase was one … [Read more...]
More than 50 applicants in line for Colorado’s first sports betting licenses Tinny Ricciardi, Denver Post · January 16, 2020 at 11:15 pm Colorado’s gaming commission solidified the rules for sports betting licensure Thursday, setting the stage for the first group of applicants to be approved next month as the state moves toward legalized sports gambling this spring. The Colorado Limited Gaming Control Commission plans to grant up to 33 total licenses for physical and online sportsbooks. The state has received more than 50 … [Read more...]
Colorado: Hotel Expansion Fever Hits Pay Dirt In Cripple Creek The Mountain Jackpot · December 27, 2019 at 3:26 pm The hotel expansion drums are still beating away in Cripple Creek, even if physical progress isn’t proceeding as rapidly as some business leaders may want. Last week, the Cripple Creek City Council, with virtually no debate, signaled the green light for the Wildwood casino and its plans for a key property rezoning bid and in vacating a 60-foot city street right-of-way for a road, located … [Read more...]
Maverick Gaming enters third state after closing purchase of three Denver-area casinos Howard Stutz, CDC Gaming Reports · December 13, 2019 at 8:33 am Maverick Gaming finalized its acquisition of Colorado casino company CC Gaming, giving the Las Vegas-based operator ownership of three casinos in the Denver market. Colorado marks Maverick’s third state in the company’s growing portfolio, which includes four casinos in rural Nevada and 19 card room casinos in Washington. A sales figure was not released. Maverick funded the transaction … [Read more...]
Colorado’s Transparent Sports Betting Process Yields Meaningful Discussion Jill R. Dorson, SportsHandle · December 10, 2019 at 9:57 am Colorado’s Division of Gaming on Monday kicked off what may well be the most transparent process to launch sports betting in the country with the first of five meetings covering everything from general rules to integrity. The Monday morning session was an opportunity for stakeholders to offer comments and get clarifications on the rules. Stakeholders from local municipalities and potential … [Read more...]
Colorado Sports Betting Summit: Who’s in, who’s out, who’s who Matthew Waters, Legal Sports Report · December 9, 2019 at 6:35 am Colorado sports betting stakeholders will huddle next week with state regulators to provide input for the state’s upcoming launch. Coloradans officially approved sports betting in November with a tighter outcome than some expected. Now, the Limited Gaming Control Commission is tasked with creating the rules and regulations of the Colorado sports betting industry. There’s currently no … [Read more...]
Top sportsbooks jockeying for position in Colorado following contentious vote Mark Rybaltowski, SportsHandle · November 22, 2019 at 5:08 am As Colorado officials counted the ballots on a measure that could bring mobile sports betting to the Rocky Mountains, a closer than expected vote on Proposition DD produced an evening full of anxiety for Ron Shell. Shell, vice president of customer & insights at PointsBet USA, recently moved to Colorado, home of the company’s new technology-focused hub in downtown Denver. A defeat of the … [Read more...]
Analysts predict Colorado will be an active mobile sports betting market Howard Stutz, CDC Gaming Reports · November 11, 2019 at 6:15 am Analysts said Colorado’s new legal sports betting market could resemble New Jersey’s in how the activity is transacted. The Rocky Mountain State became the 21st to legalize sports betting last week, allowing casinos in three regions, all of which are roughly a 30-to-45-minute drive from population centers, to operate in-house sportsbooks and mobile sports wagering sites. The deal is similar … [Read more...]
Mom of DFS legend ‘almost voted no’ on Colorado sports betting proposition Shaun Boyd, CBS4-Denver · November 8, 2019 at 12:07 am Colorado could have legal sports betting as early as May of 2020, before the NBA finals and Stanley Cup. Despite no organized opposition and wide bipartisan support, Proposition DD passed by just 1 point. The election was one of the closest in recent state history. “My mom almost voted no and I had to call her and talk to her. My dad fortunately helped me in convincing her,” said Peter … [Read more...]
Colorado voters narrowly approve legalized sports betting James Anderson, Associated Press · November 7, 2019 at 4:09 am Colorado became the 19th U.S. state to legalize some form of sports betting as election officials tallied Wednesday a surprisingly close vote in which ballots for the measure narrowly surpassed "no" votes. More than 1.3 million Coloradans voted Tuesday on Proposition DD, a bipartisan ballot measure crafted by lawmakers that legalizes sports betting next year and taxes it to fund a … [Read more...]
Proposition DD — and the future of sports betting in Colorado — hangs in balance with close vote Ed Sealover, Denver Business Journal · November 6, 2019 at 2:18 pm Proposition DD, the Colorado referred measure that would legalize and tax sports wagering in order to create a dedicated stream of funding for the Colorado Water Plan, held a very small lead as ballot-counting trudged late into the night Tuesday, leaving all bets off as to whether supporters who waged a high-priced campaign had been able to push it across the finish line to victory. The effort, … [Read more...]
Colorado Prop DD: Sports betting measure in a near-tie Jon Murray and Justin Wingerter, Denver Post · November 6, 2019 at 6:39 am Colorado voters were almost evenly split on a ballot question that would legalize and tax sports betting Tuesday. As of midnight, there were 646,227 votes in favor of Proposition DD — 50.2% — and 640,537 votes — 49.8% — in opposition. Proposition DD would allow casino operators to enter a new legal betting market in Colorado, profiting off bets on professional and sanctioned sports that are … [Read more...]
Century Casinos expects boost from acquisitions; Q3 results miss forecasts Matthew Crowley, CDC Gaming Reports · November 4, 2019 at 8:59 pm Century Casinos said revenue was growing at the company’s three Canadian casinos and that three U.S. casinos the company agreed to acquire in June will boost future growth. Although third-quarter revenue rose from a year earlier, earnings sank, and both missed Wall Street forecasts. In a statement Monday, Colorado Springs, Colorado-based Century said it had net income of $482,000, or 2 cents … [Read more...]
Colorado to vote on sports betting, and water could benefit James Anderson, Associated Press · November 3, 2019 at 7:38 am DENVER (AP) - Colorado residents will decide Tuesday whether to legalize sports betting and tax it to help conserve the state's most precious resource: water. Proposition DD, referred to the ballot by the Legislature, has bipartisan support from lawmakers and interest groups and only token opposition. It would allow online and in-person wagering on professional, collegiate, motor and Olympic … [Read more...]
Colorado voters deciding if the state should allow gambling on sports Tony Kovaleski, ABC 7 · October 31, 2019 at 4:30 pm DENVER -- Colorado voters are currently deciding if sports betting will become legal in our state. The measure being put forward in the ballot reads as follows: SHALL STATE TAXES BE INCREASED BY TWENTY-NINE MILLION DOLLARS ANNUALLY TO FUND STATE WATER PROJECTS AND COMMITMENTS AND TO PAY FOR THE REGULATION OF SPORTS BETTING THROUGH LICENSED CASINOS BY AUTHORIZING A TAX ON SPORTS BETTING OF TEN … [Read more...]
Sports wagering might be coming to Southwest Colorado Patrick Armijo, The Journal · October 14, 2019 at 9:09 pm If voters approve Proposition DD on the November ballot, sports books will be allowed not only at state-licensed casinos in Central City, Blackhawk and Cripple Creek, but also at Sky Ute Casino in Ignacio and Ute Mountain Casino in Towaoc. Proposition DD is on the November ballot, as required by the Taxpayer’s Bill of Rights, because it would add a new 10% tax on sports wagering at the historic … [Read more...]
How legalizing sports betting would impact the future of Colorado’s waters Colette Bordelon, KOAA-TV · October 14, 2019 at 3:06 pm COLORADO SPRINGS — By next year, sports fans could be placing bets on their favorite teams and also supporting the future of Colorado's water. Proposition DD on the November ballot would legalize sports betting across the state, while taxing up to $29 million of the money generated. News 5 met Brian Kennicott, a Seattle Seahawks fan, at The Playing Field Sports Bar in Colorado Springs. … [Read more...]
With Prop DD, casinos and conservationists are betting on voters Ben Markus, Colorado Public Radio · October 14, 2019 at 12:36 am When state Rep. Alec Garnett heard the U.S. Supreme Court would allow states to start sports gambling he didn’t waste a moment. Colorado’s Democratic House Majority Leader immediately called 'dibs.' He tweeted that he would sponsor a bill he initially thought would be a slam dunk for passage since there were so many reasons to do it. “The black market exists, a lot of people sports bet, the … [Read more...]
Sports Betting Tax to Go Before Voters in Colorado Tripp Baltz, Bloomberg Tax · October 7, 2019 at 4:43 pm Colorado voters will decide next month whether to legalize sports betting and immediately subject it to taxation. The measure (Proposition DD), referred to the ballot by the Colorado General Assembly, would legalize and regulate sports betting through online or mobile sports betting platforms operated by casinos in the state. It would impose a 10% tax on casinos’ net sports betting proceeds. … [Read more...]
Maverick Gaming adds third state through purchase of Colorado casino operator Howard Stutz, CDC Gaming Reports · October 1, 2019 at 12:09 pm Las Vegas-based casino operator Maverick Gaming will add a third state to the company’s growing portfolio following the purchase of a Colorado casino operator, which includes the company’s gaming and non-gaming businesses. Maverick, which currently operates four casinos in rural Nevada and will soon operate 19 card room casinos in Washington, said late Monday it is purchasing Colorado-based CC … [Read more...]
Colorado: Voters get crack at sports gambling Charles Ashby, Grand Junction Daily Sentinel · September 30, 2019 at 12:17 am Since the U.S. Supreme Court struck down a federal ban on sports betting more than a year ago, states have been scrambling with what to do about the matter. While a handful of states have already legalized it, others haven't even considered the idea. Here in Colorado, however, it will be up to the voters to decide. In November, those voters will weigh in on Proposition DD, placed … [Read more...]
Coloradans don’t want another Vegas, but sports betting has a chance Anna Staver, Denver Post · September 23, 2019 at 3:17 pm When Colorado’s casinos opened their doors in October 1991, one establishment had a dirt floor and served beer from an ice-filled trough that horses previously used for drinking water. “Black Hawk still had dirt roads. There was no parking, and there was a creek that ran alongside the road,” said Judy Laratta, who worked in a Central City casino on opening day and now serves as the city’s mayor … [Read more...]
What sports gambling would mean in Colorado Brian Eason, Colorado Sun · September 18, 2019 at 3:03 am Voters will be asked in November to make Colorado the 20th state with legal sports betting — and, policymakers hope, generate a small pot of new tax revenue in the process. It comes in the wake of a 2018 U.S. Supreme Court decision that struck down a federal prohibition of sports gambling in most of the country, setting off a wave of state legalization. If approved, it would mark the first … [Read more...]
Colorado: Sky Ute Casino gets new assistant manager Shannon Mullane, The Journal · September 16, 2019 at 2:00 am The Southern Ute Indian Tribal Council has announced Travis Garlick as the new assistant general manager of Sky Ute Casino Resort near Ignacio. Sky Ute Casino Resort is one of the biggest employers in La Plata County, and Garlick, an employee of the tribe for 23 years and former director of operations, will take on the assistant manager position Monday. “I am honored to take on this new role … [Read more...]
Cripple Creek election ballot finalized; several contenders drop out Rick Langenberg, Mountain Jackpot News · September 10, 2019 at 3:10 am And then there were five. The upcoming municipal election in Cripple Creek, with early pronouncements for a huge barrage of candidates, didn’t quite surface this year. Following the deadline for submitting candidate petitions with valid signatures from registered local voters, the Nov. 5 election will feature five official candidates and two competitive races. In addition, voters will cast … [Read more...]
Lawsuit with general contractor slows completion of Monarch’s Colorado casino expansion Howard Stutz, CDC Gaming Reports · September 5, 2019 at 5:57 am Monarch Resorts said full completion of a $400 million expansion to its Black Hawk, Colorado casino will be delayed until the middle of next year, but the Reno-based company expects the bulk of the development to open by the spring. The issue surrounds a contentious relationship that has developed between Monarch and PCL Construction Services, the project’s general contractor. PCL filed a … [Read more...]
Colorado: Black Hawk’s Isle Casino Hotel completes multimillion-dollar renovations Ed Sealover, Denver Business Journal · August 29, 2019 at 5:33 am Isle Casino Hotel Black Hawk leaders have completed a $35 million renovation of the facility that included upgrading the casino floors, improving all 240 rooms and adding an upscale restaurant that includes a list of 52 martinis. The work on the Isle Casino property, one of the largest gaming areas in Colorado’s largest gaming town, comes as owner of the Monarch Casino Black Hawk nears completion … [Read more...]
Will more hotels, sports wagering take Cripple Creek to the next level? Wayne Heilman, Colorado Springs Gazette · August 26, 2019 at 5:56 am Cripple Creek casino owners are hoping more hotels and possible sports wagering will help the city's gaming industry overcome its struggles of the past decade. City casino revenue peaked at nearly $155 million in 2007. And despite four small, consecutive annual increases, it was still down last year by nearly $18 million from that peak. Casino owners have tried several strategies to … [Read more...]
Colorado Springs gaming company buying 3 more casinos Wayne Heilman, Colorado Springs Gazette · June 17, 2019 at 7:21 pm Century Casinos Inc. on Monday announced it has agreed to buy three casinos in Missouri and West Virginia, more than doubling the size of the Colorado Springs gaming operator.Century will pay $385 million to Reno, Nev.-based Eldorado Resorts Inc. for the Isle Casino Cape Girardeau and the Lake Luck Caruthersville, both in Missouri, and the Mountaineer Casino, Racetrack and Resort in West Virginia … [Read more...]
Colorado casinos won big in 2018, but they could make even more if voters OK sports betting this fall Joe Rubino, The Denver Post · June 12, 2019 at 8:36 pm The house won big in Colorado last year. Casinos in Black Hawk, Central City and Cripple Creek combined to rake in a record $842.1 million in revenue in 2018, according to a new report from the American Gaming Association. The haul represented a 1.7 percent increase over the $828 million the industry banked in Colorado in 2017 and a nearly 13 percent increase over 2014. The report, the … [Read more...]
Vail Valley Senator hopes sports betting can help fund Colorado’s water plan David O. Williams, Vail Daily · June 3, 2019 at 7:45 am Colorado voters will go to the polls in November with a chance to quite literally wager on the future of the state by either approving or rejecting sports gambling in order to provide a reliable funding source for implementing Colorado’s Water Plan. The state plan, finalized in 2015, identifies a wide range of water-storage projects, conservation measures and drought-resiliency programs in the … [Read more...]
Wildwood Casino to be first to break ground on Cripple Creek hotel Wayne Heilman, Colorado Springs Gazette · May 29, 2019 at 10:19 pm The Wildwood Casino plans to be the first of Cripple Creek's four major casino operators to begin construction of a new hotel when it breaks ground at 11 a.m. June 6 on its 104-room Wildwood Hotel adjacent to the casino.The $14 million project is planned for a summer or fall 2020 opening. The casino announced earlier this month an elevation survey had determined the Wildwood is the world's highest … [Read more...]
Colorado Springs casino operator boosts profits with Canadian expansion Wayne Heilman, Colorado Springs Gazette · May 10, 2019 at 7:15 pm Opening more off-track betting facilities in Canada and reopening all of its Polish casinos helped Century Casinos boost first-quarter revenue and profits, the Colorado Springs-based gaming company said Thursday.Revenue in the January-to-March period grew 12.2% from a year earlier to $45.6 million, while earnings increased 15.3% during the same period to $1.07 million, or 4 cents a share.Century … [Read more...]
Colorado voters could decide on allowing sports betting in casinos Tom Kackley, KOAA News · May 4, 2019 at 9:50 am In the final day of the 2019 Colorado General Assembly, lawmakers have given final approval to asking voters if they’ll allow licensed casinos in Colorado the ability to take wagers on sporting events. The measure will head to Governor Jared Polis for approval. As written, HB 19-1327 would ask voters to authorize “the collection of a tax on the net proceeds of sports betting through licensed … [Read more...]
At 9,593 feet above sea level, Colorado casino says its players are world’s highest rollers Judith Kohler, Denver Post · May 2, 2019 at 3:37 pm Everybody’s a high roller at the Wildwood Casino. In fact, the highest in the world, according to the Cripple Creek business. Wildwood says a professional survey puts its gaming floor at 9,593 feet above sea level, making it “the highest casino in the world.” Owner Joseph Canfora said Wednesday that the casino did extensive research and concluded Wildwood sits at a higher elevation than any … [Read more...]
Colorado lawmaker to casinos: -120 lines are unfair Brian Pempus, US Bets · April 23, 2019 at 7:30 pm A Colorado sports betting hearing on Monday went well for the recently introduced legislation, as the House Finance Committee approved it by a 9-1 vote. Under the bill, the state’s existing casinos would be allowed to have both retail and mobile sports wagering. If the bill is successful in the short window left before the legislative session expires in early-May, state voters would decide in … [Read more...]
Colorado sports betting bill introduced late in session James Anderson, Associated Press · April 18, 2019 at 8:13 pm DENVER (AP) - Some Colorado lawmakers want to ask voters in November whether sports betting should be legal in the state. Democratic House Majority Leader Alec Garnett said a bill introduced late Thursday with Republican Minority Leader Patrick Neville would place a betting question on the ballot. If voters approve, a relatively constrained Colorado sports betting market could be operating … [Read more...]
Sports betting, vaccinations and immigration: 3 bills running out of time at Colorado Capitol Anna Staver, Denver Post · April 4, 2019 at 7:38 pm With less than a month left until the end of the legislative session, Colorado lawmakers still have some major bills they’re trying to get across the finish line. A bill to ask voters whether they want to legalize sports betting hasn’t been introduced yet, but the lawmaker behind it says it’s still coming. And Democrats in the House are scaling back their plans for immigration reform and … [Read more...]
Colorado casino plans adjoining 104-room hotel Associated Press · April 3, 2019 at 12:18 am PUEBLO — A casino in central Colorado is planning to build an adjoining 104-room hotel. The Wildwood Casino announced Monday plans for the $14 million hotel in Cripple Creek that it expects to open next year. Officials say construction is scheduled to begin in mid-May. Casino owner Joseph Canfora says they aim for the hotel to be affordable for the average visitor. He says they plan … [Read more...]
Colorado Springs casino firm opens Edmonton horse racing center Wayne Heilman, Colorado Springs Gazette · April 2, 2019 at 12:03 am Colorado Springs-based Century Casinos Inc. opened its Century Mile Racetrack and Casino Monday in South Edmonton, Alberta. The center includes nearly 600 slot machines, electronic table games, video lottery terminals and other gaming devices. The one-mile thoroughbred track will open for racing April 28. Century also operates a racetrack and casino in Calgary, Alberta, an off-track betting … [Read more...]
Lawmakers taking steps to legalize sports gambling in Colorado KRDO · March 27, 2019 at 3:03 pm Coloradans might soon be able to legally bet money on sports games as lawmakers are drafting legislation to legalize sports betting in the state. Rep. Alec Garnett (D-Denver), the House Majority Leader, told KRDO's news partners in Denver that legislators are working on a plan for what legal sports gambling could look like in Colorado. "Nobody does this in person anymore. This is all done … [Read more...]
Colorado: ‘We’re all looking at building a community’: Cripple Creek nonprofits, casinos address issues Pat Hill, Pikes Peak Courier · February 20, 2019 at 2:30 pm When the minimum wage went up to $11.10 an hour in Colorado, the increase generated action in Cripple Creek, starting with a coffee shop and a housing task force. “We’ve always been committed to positive approaches,” said Ted Borden, executive director of the Aspen Mine Center, a nonprofit organization whose mission is to build a healthy community. Reviving the coffee shop at the center that … [Read more...]
Will Sports Wagers Be A $361M Cash Cow In Colorado? Gambling Rivals Don’t Agree On It Ben Markus, Colorado Public Radio · February 14, 2019 at 6:48 pm Colorado sports gambling could ring up $361 million in revenue by 2023, according to a market analysis paid for by the owners of the state’s lone horse track in Aurora. Casinos, long an opponent of the track, were quick to question the number — but wouldn’t share their own analysis. This is first public estimate of the potential size of sports betting in Colorado. The analysis assumes a … [Read more...]
Colorado’s casinos, horse track arm wrestle over who will cash in on sports betting Ben Markus, Colorado Public Radio · January 31, 2019 at 6:43 pm Most everyone in the gaming industry and in Colorado’s legislative leadership agree the state should legalize sports betting. But who should take the wagers is so hotly contested it risks scuttling the whole effort, according to sources familiar with negotiations. Many aren’t ready to throw in the towel yet. Lawmakers have only been back to work for a few weeks and a bill hasn’t even been … [Read more...]
Cripple Creek casinos seek solution to housing shortage Faith Miller, Colorado Springs Independent · January 30, 2019 at 4:01 pm No matter where you work in Cripple Creek, housing is a gamble. Take it from Mark Campbell, who moved to the mountain town an hour’s drive from Colorado Springs about a month ago, after Cripple Creek City Council appointed him city administrator. He may hold the highest staff position in city government, but Campbell says he only found a house to rent because he “knew somebody who knew somebody … [Read more...]
Rhode Island casino company to buy three casinos in Colorado Patrick Anderson, Providence Journal · January 29, 2019 at 10:10 pm Twin River Worldwide Holdings has entered into an agreement to buy three casinos in Colorado from a subsidiary of Affinity Gaming, the companies announced Tuesday. The deal will add the Golden Gates, Golden Gulch and Mardi Gras casinos in Black Hawk, Colo. to Twin River’s existing properties: Hotels and casinos in Lincoln and Tiverton, the Hard Rock Hotel & Casino in Mississippi and the … [Read more...]
Cripple Creek is poised for a casino building boom, but some worry that the town’s history will be sacrificed Sue McMillin, The Colorado Sun · January 17, 2019 at 7:05 am The excitement about building plans they believe could jumpstart a stagnant economy and put the town on the map of “must-visit” destinations is palpable among shopkeepers, city officials and gaming managers here. The natural beauty of land formed by ancient volcanoes, the rich mining history, outdoor recreation and gambling are all part of the equation. What must be added is places for people … [Read more...]
Cripple Creek’s new Christmas Casino and a conversation about the holiday Griffin Swartzell, Colorado Springs Independent · December 19, 2018 at 3:00 am December in Las Vegas means a few things, but for the casino business, it’s the quiet season. “There was a saying in Las Vegas that Santa Claus and slot machines don’t mix,” says Dan Lee, CEO and president of Full House Resorts, which owns Bronco Billy’s and other casinos. But he’s bucked that saying, and his company has reopened the former Imperial Casino in Cripple Creek as the Christmas … [Read more...]
Highest beam at new Colorado casino hoisted with names of crew members CBS4 - Denver · December 2, 2018 at 10:01 pm Construction crews “topped off” a 23-story hotel and casino in Black Hawk. The uppermost beam was added to the brand new Monarch Casino during a ceremony on Thursday. The beam was signed by the crew members on the project. Construction of the luxury resort cost roughly $400 million. Two years ago, crews demolished a six-story parking garage to make room for the new casino. … [Read more...]
Colorado Springs-based Century Casinos’ earnings slump on slow start for UK casino Wayne Heilman, Colorado Springs Gazette · November 7, 2018 at 9:51 pm Century Casinos Inc. said its third-quarter earnings fell by nearly 80 percent from a year ago due to a slow start at its new casino in Bath, England, and delays in reopening two of its casinos in Poland. The Colorado Springs-based gaming operator said profits fell 79 percent to $1.64 million, or 5 cents a share because "operations in Bath ramped up slower than expected," the Polish casinos … [Read more...]
Colorado: It’ll be Christmas every day in Cripple Creek with reopening of landmark hotel and casino Wayne Heilman, The Gazette · November 2, 2018 at 3:35 pm CRIPPLE CREEK • Yes, there are eight reindeer at the new Christmas Casino & Inn in Cripple Creek, but they aren’t tiny and they don’t fly. And just by chance, the casino is less than two blocks from the Hotel St. Nicholas, which is under separate ownership and does not have a Christmas theme, despite the name. The parent company of Bronco Billy’s Casino and Hotel bought the longtime … [Read more...]
Colorado sports betting? Voters have crushed 8 previous attempts, but lawmakers are trying again Anna Staver, Denver Post · October 30, 2018 at 2:24 pm Two Colorado lawmakers want to take a gamble in 2019. A bipartisan duo think they can convince two-thirds of their colleagues and a majority of voters to legalize sports betting throughout the state. Republican gubernatorial candidate Walker Stapleton is so sure it's happening that he's already telling voters on the campaign trail how he would spend the tax money from sports betting. … [Read more...]
Colorado lawmakers are gambling that voters want sports betting Anna Staver, Denver Post · October 26, 2018 at 12:52 pm Two Colorado lawmakers want to take a gamble in 2019. A bipartisan duo think they can convince two-thirds of their colleagues and a majority of voters to legalize sports betting throughout the state. Republican gubernatorial candidate Walker Stapleton is so sure it’s happening that he’s already telling voters on the campaign trail how he would spend the tax money from sports betting. … [Read more...]
There’s so much more to Cripple Creek than gambling Amanda Kesting, 9News (NBC) Denver · September 22, 2018 at 12:18 pm For more than 100 years, people have been coming to a small Colorado town with the dreams of striking it rich. It started with tens of thousands of gold-seekers in the late 1800s and has transformed into gamblers, trying their luck in one of the town’s grand casinos. Cripple Creek is a charming community with a rich heritage. Located just over two hours southwest of Denver and about an hour … [Read more...]
Lucky 13: Colorado latest state to approve Penn National-Pinnacle merger Howard Stutz, CDC Gaming Reports · September 20, 2018 at 5:13 pm The Colorado Division of Gaming signed off on Penn National Gaming’s $2.8 billion buyout of Pinnacle Entertainment Thursday, leaving the company with “a few requisite” approvals before finalizing the deal. Colorado is the 13th state regulatory body to approve the transaction. The Penn-Pinnacle merger is expected to be completed by the end of the year. After adding Pinnacle’s 12 casinos, Penn … [Read more...]
Could taxing bets on Broncos, Rockies games help fix Colorado’s roads? Walker Stapleton thinks so Anna Staver, The Denver Post · September 17, 2018 at 7:13 pm A tax levied on people betting on the Rockies or the Broncos might be the way to pay for more roads and bridges, according to Republican gubernatorial candidate Walker Stapleton. “Sports gambling is coming to Colorado,” Stapleton, the state treasurer, told an audience of real estate investors Saturday. “I think we should assess a tax on people placing a bet and use that to build up our roads … [Read more...]
AG’s opinion: Legislation needed to legalize sports betting in Colorado Associated Press · August 2, 2018 at 3:45 pm DENVER (AP) - Colorado's constitutional restrictions on gambling don't apply to sports betting - but its criminal code does, and lawmakers would have to change that if voters want it legalized. That's the formal opinion of Attorney General Cynthia Coffman, who said Thursday legislation is required to authorize commercial sports betting in Colorado. Coffman's opinion comes at the request of … [Read more...]
Twin Arrows has first robot security guard in state Cindy Yurth, Navajo Times · June 29, 2018 at 8:02 am The newest security guard at Twin Arrows Navajo Casino Resort never needs a coffee break. Looking something like a badass version of R2D2, this real-life robocop started his? her? its assignment today, helping the casino’s security team patrol the 170,000 square-foot property. Stacy Stephens, co-founder and executive vice president of Knightscope, the California-based company that created … [Read more...]
Analyst: Colorado mountain towns offer some of the best regional gaming markets Howard Stutz, CDC Gaming Reports · June 18, 2018 at 11:20 pm Quietly, Colorado may have one of the nation’s best regional gaming jurisdictions, according to one industry analyst. And the state’s three rural gambling communities are getting stronger as expansions by two Nevada-based casino operators take shape. In a research report to investors released last week, Union Gaming Group analyst John DeCree said Cripple Creek, Central City and Black Hawk … [Read more...]
Could sports gambling come to Fort Collins? There are hurdles to jump Jacob Laxen, The Coloradoan · June 9, 2018 at 11:43 am With racehorse Justify attempting to complete the Triple Crown at Saturday’s Belmont Stakes, the Fort Collins area’s lone legal off-track betting location expected hundreds of wagers on the race. Sundance Steakhouse & Saloon has attracted more than a thousand people in recent weeks for Justify’s previous wins at the Kentucky Derby and the Preakness. The country-themed restaurant and bar … [Read more...]
‘Games of skill’ bill signed into law in Colorado, clarifies gambling regulations Eric Ruble, Fox31 Denver · June 6, 2018 at 9:39 pm Lt. Gov. Donna Lynne signed a bill into law on Wednesday that further clarifies Colorado regulations regarding gambling. In April, three people were charged on 430 counts related to illegal gambling operations at three Denver gaming sites. Two of the businesses had been raided in October following a FOX31 Problem Solvers undercover investigation. Police said the devices at those gaming … [Read more...]
Colorado Springs gaming company opens casino in England Wayne Heilman, Colorado Springs Gazette · May 29, 2018 at 10:47 pm Century Casinos Inc. on Friday celebrated the grand opening of its Century Casino in Bath, England, with more than 1,200 people at the event. The casino employs 100 and features 50 slot machines and electronic roulette terminals, 14 gaming tables, three bars and a lounge area. The Colorado Springs-based company owns and operates casinos in Cripple Creek, Central City, Calgary and Edmonton in … [Read more...]
Cripple Creek casino owner files lawsuit to block competitor’s hotel project Wayne Heilman, Colorado Springs Gazette · May 23, 2018 at 7:15 pm Triple Crown Casinos filed a lawsuit Tuesday against the city of Cripple Creek and Full House Resorts Inc., appealing last month's approval of a $70 million hotel project for competitor Bronco Billy's Casino and Hotel, which is owned by Full House. The suit in 4th Judicial District Court challenges the Cripple Creek City Council's decision to give the six-story, 200-room hotel a "Certificate … [Read more...]
Colorado lawmakers seek to outlaw certain gaming arcades James Anderson, Associated Press · May 7, 2018 at 4:56 pm DENVER (AP) - Colorado lawmakers on Monday passed a bill to outlaw certain mom-and-pop sweepstakes arcades, seeking to close a legal loophole that allowed the operations to crop up outside the three cities authorized by voters to conduct legal gambling: Black Hawk, Central City and Cripple Creek. House lawmakers voted 43-22 to send the bill to Gov. John Hickenlooper. The Senate had already … [Read more...]
‘Games of skill’ arcades are growing in Colorado, but are they illegal gambling? John Aguilar, Denver Post · May 1, 2018 at 10:26 pm Colorado lawmakers are moving to crack down on a growing number of “games of skill” arcades, where people can win money and prizes in a manner critics liken to gambling. A vote Monday on House Bill 1234 in the Business, Labor & Technology committee was 7-0, and the measure now heads to the State Senate. … [Read more...]
Cripple Creek City Council approves project of special merit for new Bronco Billy’s renovation Tom Kackley, KOAA-News5 · April 19, 2018 at 11:46 pm The Cripple Creek City Council voted 4-0 Wednesday night to approve a project of special merit designation needed to build a new six-story hotel and parking garage for the Bronco Billy's casino. The new hotel was a controversial proposal for other casino owners, who argued the new addition to the casino would not attract new visitors to town and would not not fit with Cripple Creek's historic … [Read more...]
Competitors fight Cripple Creek casino’s ambitious hotel plans Wayne Heilman, Colorado Springs Gazette · April 16, 2018 at 11:23 pm The three largest competitors of Bronco Billy's Casino and Hotel are opposing its plans to build a 200-room hotel that opponents say looks as if it belongs in Las Vegas rather than Cripple Creek. Full House Resorts Inc., which acquired Bronco Billy's nearly two years ago, wants to spend up to $70 million to build a six-story hotel, conference center and 300-space parking garage on its land … [Read more...]
430 charges filed against trio in alleged illegal gambling operation Chris Halsne, Fox 31 Denver · April 12, 2018 at 4:16 pm DENVER — The Denver District Attorney’s Office has formally charged three people in connection with an alleged illegal gambling operation. Bargrat Garamov and his wife Tammy, and business associate Eduard Gugulyan face multiple counts each of engaging in professional gambling, fraudulent limited gaming acts, possession of gambling devices, maintaining a gambling premises and shipping/invoicing … [Read more...]
Full House gains initial approval for Colorado casino expansion; investor increases stake CDC Gaming Reports · March 29, 2018 at 10:26 pm The Cripple Creek Historic Preservation Commission this week gave Full House Resorts unanimous approval to move forward on a $100 million expansion project at the Bronco Billy’s Casino and Hotel, which the company operates in the century-old historic Colorado town at the base of Pike’s Peak. Las Vegas-based Full House, which bought the small casino for $30 million in 2016, wants to add a luxury … [Read more...]
Las Vegas firm has big plans for Cripple Creek casinos Ben Miller, Denver Business Journal · March 23, 2018 at 4:04 pm The owner of Cripple Creek casinos said it plans to renovate and expand its properties. Full House Resorts Inc. (Nasdaq: FLL) of Las Vegas said it recently completed a $12.5 million stock offering that will be used to expand its Bronco Billy's Casino and Hotel in Cripple Creek, buy and refurbish the adjoining Imperial Hotel, build a 286-space parking garage, and refurbish and re-open the … [Read more...]
Full House Resorts president sees rich potential in Colorado Todd Prince, Las Vegas Review-Journal · March 14, 2018 at 2:12 pm While changes at Silver Slipper and Rising Star can swing company earnings, Full House President Dan Lee’s pet project in Colorado has the potential to double the company’s cash flows and stock price in a few years. Lee owns about 8.8 percent of the company’s shares, including vested options. Lee bought Bronco Billy’s in Cripple Creek, an hour’s drive from Colorado Springs, in 2016 for $30 … [Read more...]
Colorado casino customers prosecuted for playing abandoned slot credits Fox News - Denver · November 16, 2017 at 11:06 pm Casinos in Colorado have been quietly helping prosecute hundreds of everyday gamblers under a little-known law. Court records show in the past five years, 728 casino customers in Black Hawk and Central City, and 202 more mostly slot machine players in the Cripple Creek area, have been cited or arrested under Colorado Statute 12-47.1-823(1)(c). Their indiscretions range from innocently … [Read more...]
Previous $1 million Powerball winner hits $850 thousand casino jackpot in Colorado KKTV-11 - Denver · November 14, 2017 at 8:37 am One lucky woman from Colorado Springs just hit the jackpot - again. The woman, identified as Rebecca, won Cripple Creek's Wildwood Casino's largest jackpot in the casino's history. While playing a Wheel of Fortune progressive slot machine over the weekend, she won a whopping $805,329.80. Even more impressive, in 2007, she won the $1 million Powerball. “I guess I’m just a lucky person,” … [Read more...]