Colorado casinos sold to East Coast operator

colorado casinos

The deal is expected to be completed early in 2020. (Credits: msptpokertour.com)

Three venues in a town by Colorado’s central mountains were just sold to a Rhode Island casino operator.

US.- The casino industry is continuously undergoing changes, either by new regulations, potential business opportunities or entire venues being sold. That’s just the case of three venues in a town by Colorado’s central mountains, which were just acquired by an East Coast operator.

The three venues, Golden Gates, Golden Gulch and Mardi Gras casinos will be purchased by Rhode Island-based company Twin River Worldwide Holdings. All three of them are located in Black Hawk, Colorado, an old mining town 30 miles away from Denver, and will switch hands for an undisclosed figure, with terms of the deal yet to be revealed.

The casinos were – and until the acquisition is completed – operated by Las Vegas-based Affinity Gaming and include 36k square feet of gambling space, three restaurants and many bars. They will continue under their current owner’s control in 2019, as the deal is not expected to be completed until 2020.

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