Cripple Creek Casino Closes; 62 People Lose Jobs
Save Email Print
Updated: 12:03 PM Nov 1, 2008
Cripple Creek Casino Closes; 62 People Lose Jobs
The Wild Horse Casino in Cripple Creek has closed its doors following a year of steady losses for Colorado casinos. The casino said it was giving out final paychecks to its 62 employees on Saturday.
Posted: 12:00 PM Nov 1, 2008
Reporter: Associated Press
Font Size:

The Wild Horse Casino in Cripple Creek has closed its doors following a year of steady losses for Colorado casinos.

The casino said it was giving out final paychecks to its 62 employees on Saturday.

In the three historic mining towns where gambling is allowed, revenue has fallen every month this year. Operators blame a smoking ban which was extended to casinos this year as well as the weak economy and high gas prices.

However, casinos in Cripple Creek have also faced more competition with the opening of the new Wildwood Casino at the entrance to town. While Cripple Creek revenue hasn't fallen off as much as in Black Hawk or Central City, that revenue is now split among more slot machines than before.

KKTV.com Features
Wizbee
My town. My Source.
Wizbee is a local, search engine designed just for Southern Colorado.
Go Colorado
Every Friday at 9:25 a.m. tune in to KKTV Channel 11 to learn more about how you can…Go Colorado.
CarSoup.com
Buy. Research. Sell. Southern Colorado's largest automotive supertore! Shop local dealers or list your vehicle.
Double Dollar Deals
Get 1/2 price gift certificates from KKTV.com. New deals every Thursday Morning. Get 'em fast, 'cause they won't last!
CBS Video Player
Away from your TV? Watch full episodes of your favorite CBS shows. Plus, check out web-only exclusive features.
KKTV 11 News on Facebook