The Imperial Casino Hotel in Cripple Creek has filed for Chapter 11 bankruptcy protection.
The petition was filed Monday in U.S. Bankruptcy Court in Denver.
Monthly revenues for casinos in Cripple Creek have been falling compared with revenues from the previous year. Casino operators have blamed a weak economy, high gas prices that have made patrons hesitant to travel, and a smoking ban that was extended to casinos this year.
This fall, the Wild Horse Casino in Cripple Creek closed, putting 62 people out of work.
(Copyright 2008 by The Associated Press. All Rights Reserved.)
KKTV firmly believes in freedom of speech for all and we are happy to provide this forum for the community to share opinions and facts. We ask that commenters keep it clean, keep it truthful, stay on topic and be responsible. Comments left here do not necessarily represent the viewpoint of KKTV 11 News.
If you believe that any of the comments on our site are inappropriate or offensive, please tell us by clicking “Report Abuse” and answering the questions that follow. We will review any reported comments promptly.powered by Disqus
Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or firstname.lastname@example.org.