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October 31, 2008
CRIPPLE CREEK – The Wild Horse Casino, which opened in 2004, has permanently closed its doors. Sixty two employees were let go. The casino is the first victim of declining gambling revenues in Cripple Creek, which many casino owners blame on a combination of the smoking ban, high gasoline prices, and the general economy. Casino owners are hoping Amendment 50 will improve revenues, but Wild Horse general manager Todd Fred said it would be too late for his casino. "Even if it passes, it won't have an effect on us until July (2009). We just weren't able to wait until July." Return to Colorado Casinos. |
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