| Ameristar Black Hawk | |
|---|---|
| Location | Black Hawk, Colorado |
| Address | 2200 River Rd |
| Opening date | December 20, 2001 |
| No. of rooms | 536 |
| Total gaming space | 57,000 sq ft (5,300 m2) |
| Casino type | Land-based |
| Owner | Gaming and Leisure Properties |
| Operating license holder | Penn National Gaming |
| Previous names | Black Hawk Casino by Hyatt Mountain High Casino |
| Coordinates | 41°14′35″N95°54′36″W / 41.24306°N 95.91000°W |
| Website | blackhawk.ameristar.com |
Enjoy casino gaming of all kinds when you make it to the gaming floor of Isle Casino Black Hawk. With everything from table games to poker rooms, we have it all! Gaming - Black Hawk Casino Colorado Isle Casino Black Hawk.
Ameristar Casino Resort Spa Black Hawk is a casino and hotel in Black Hawk, Colorado, owned by Gaming and Leisure Properties and operated by Penn National Gaming.
List Of Black Hawk Casinos
History[edit]
Plans for the casino were revealed in 1997 by Windsor Woodmont, a company formed by several Dallas-based real estate developers.[1][2]Hyatt Hotels was tapped to manage the casino.[1] Excavation work on the site began in August 1998, but stalled later that year, reportedly because of financing problems related to the arrival of two other large casinos in Black Hawk (the Lodge and the Isle of Capri).[3] Construction resumed in 2000.[3]
The casino opened on December 20, 2001 as the Black Hawk Casino by Hyatt.[4] At opening, it was the largest casino in Colorado, with 57,000 square feet (5,300 m2) of gaming space, containing 1,332 slot machines, 16 blackjack tables and 6 poker tables.[4][5] The casino was designed as the first phase of a destination resort, with later additions planned to include a 350-suite hotel tower, a convention center, nightclubs, a spa, and a mountaintop recreation park connected to the casino by a gondola lift.[6][7]
Revenue in the casino's first year fell short of expectations.[8] As a result, Windsor Woodmont defaulted on payments towards $100 million of bonds that had been issued to finance the construction.[9] Bondholders soon moved to foreclose on the casino, forcing the company to file for Chapter 11 bankruptcy protection in November 2002.[10] The next year, Hyatt's management agreement was terminated, the casino's name was changed to the Mountain High Casino, and Windsor Woodmont took over operations.[11]Ameristar Casinos bought the property out of bankruptcy in 2004 for $117 million in cash plus $2.5 million in stock.[12][13] It was rebranded under the Ameristar name in 2006, following an $80-million renovation.[14][15]
A hotel tower with 536 rooms was added in 2009 at a cost of $235 million.[16]
Ameristar Casino Black Hawk Colorado Address
Pinnacle Entertainment acquired Ameristar Casinos in 2013.[17] In 2016, Gaming and Leisure Properties bought most of Pinnacle's real estate assets, including Ameristar Black Hawk, in a leaseback transaction.[18][19] In 2018, Penn National Gaming acquired the property's operations as part of its acquisition of Pinnacle.[20][21]
See also[edit]
References[edit]
- ^ abErika Gonzalez (December 10, 1997). '280-room hotel, casino proposed for Black Hawk'. Rocky Mountain News. Denver, CO – via NewsBank.
- ^Form S-4: Registration Statement (Report). Windsor Woodmont Black Hawk Resort Corp. July 12, 2000. p. 9 – via EDGAR.
- ^ abGeorge Lane (June 3, 2000). 'Workers move mountain for another mega-casino'. Denver Post – via NewsBank.
- ^ abDavid Kesmodel (December 21, 2001). '$150 million Black Hawk casino opens'. Rocky Mountain News. Denver, CO – via NewsBank.
- ^Form 10-KSB: Annual Report (Report). Windsor Woodmont Black Hawk Resort Corp. March 27, 2002. p. 24 – via EDGAR.
- ^George Lane (September 18, 2000). 'A towering resort: Hyatt casino plan dwarfs rivals'. Denver Post – via NewsBank.
- ^David Kesmodel (August 18, 2001). 'Casino will be big win for Black Hawk'. Rocky Mountain News. Denver, CO – via NewsBank.
- ^David Kesmodel (August 17, 2002). 'State's largest casino faces long odds'. Rocky Mountain News. Denver, CO – via NewsBank.
- ^David Kesmodel (November 2, 2002). 'Casino running short of chances'. Rocky Mountain News. Denver, CO – via NewsBank.
- ^David Kesmodel (November 8, 2002). 'Casino files bankruptcy'. Rocky Mountain News. Denver, CO – via NewsBank.
- ^Allison Linn (May 24, 2003). 'Casino takes a second honeymoon'. Rocky Mountain News. Denver, CO – via NewsBank.
- ^Jason Blevins (June 2, 2004). 'Troubled casino finds a buyer'. Denver Post – via NewsBank.
- ^'MO's Ameristar Casinos acquires Colorado's largest casino'. St. Charles Business Record. December 23, 2004 – via NewsBank.
- ^Andy Vuong (April 7, 2006). 'Ameristar ups ante in Black Hawk'. Denver Post – via NewsBank.
- ^Andy Vuong (October 16, 2005). 'Rosy gaming outlook fuels broad expansion'. Denver Post – via NewsBank.
- ^Penny Parker (October 9, 2009). 'Ritter dedicates 'destination resort''. Denver Post – via NewsBank.
- ^Howard Stutz (August 14, 2013). 'Pinnacle Entertainment completes $2.8 billion buyout of Ameristar Casinos'. Las Vegas Review-Journal. Retrieved 2017-12-02.
- ^'Gaming and Leisure Properties, Inc. reaches agreement with Pinnacle Entertainment, Inc. to acquire Pinnacle's real estate assets' (Press release). Gaming and Leisure Properties. July 21, 2015. Retrieved 2017-12-02 – via GlobeNewswire.
- ^'Gaming and Leisure Properties, Inc. completes the previously announced acquisition of the real estate assets of Pinnacle Entertainment, Inc' (Press release). Gaming and Leisure Properties. April 28, 2016. Retrieved 2017-12-02 – via GlobeNewswire.
- ^'Colorado approves Penn National-Pinnacle deal'. GGB News. September 30, 2018. Retrieved 2018-10-16.
- ^Todd Prince (October 15, 2018). 'Penn National Gaming completes $2.8B acquisition of Pinnacle'. Las Vegas Review-Journal. Retrieved 2018-10-16.
External links[edit]
Coordinates: 39°48′00″N105°29′20″W / 39.800°N 105.489°W
The historic City of Black Hawk is a Home Rule Municipality located in Gilpin County, Colorado, United States. The city population was 118 at U.S. Census 2000, making Black Hawk the least populous city in Colorado. The tiny city is a historic mining settlement founded in 1859 during the Pike's Peak Gold Rush.
Black Hawk is located adjacent to Central City, another historic mining settlement in Gregory Gulch. The two cities form the federally designated Central City/Black Hawk National Historic District. The area flourished during the mining boom of the late 19th century following the construction of mills and a railroad link to Golden. The town declined during the 20th century, but has been revived in recent years after the 1991 establishment of casino gambling following a statewide initiative in 1990. In early 2010, the Black Hawk city council passed a law banning the riding of bicycles in the town, drawing a reaction from bicycle advocacy groups and international press.
The town is located along the north fork of Clear Creek and Gregory Gulch. In May 1859 the discovery of gold in Gregory Gulch by its namesake, John H. Gregory, brought thousands of prospectors and miners into the area, combing the hills for more gold veins. The Bobtail lode was discovered the following month. Hardrock mining boomed for a few years, but then declined in the mid-1860s as the miners exhausted the shallow parts of the veins that contained free gold, and found that their amalgamation mills could not recover gold from the deeper sulfide ores.