BLACK HAWK, CO - The Colorado Limited Gaming Control Commission announced today that the Eureka Casino in Black Hawk has agreed to shut down by the end of March.
State regulators have accused the casino of failing to maintain proper accounting records and pay taxes on time, so its gaming license will not be renewed. The Eureka's owner, Daniel Cooper, also agreed not to apply for a gaming license for five years.
According to regulators, Eureka was delinquent on thousands of dollars in taxes last year. They also alleged that Eureka may have accessed a $25,000 escrow account that regulators had required the casino to set up to pay jackpots. The Eureka had a net loss of $488,439 in 2007.
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