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Bronco Billy’s Casino is sold for $30 million

Posted on the 28th of September 2015

Bronco Billy’s Casino is sold for $30 million

The Pioneer Group, which owns Bronco Billy’s Casino, recently sold the casino to Full House Resorts of Las Vegas for approximately $30 million. The Cripple Creek casino, which is located at 256 E. Bennett Ave Cripple Creek, Colorado 80813 hosts 830 slot and video poker machines, 13 table games, a 24 room hotel, a steakhouse, 4 casual dining outlets, and an outdoor amphitheater. Bronco Billy’s casino is one of 14 casinos in Cripple Creek, where casino gambling became legal in 1991. The sale is expected to be finalized in late 2015, or early 2016. The staff at Bronco Billy’s casino are expected to remain in their current jobs after the change of ownership has taken place. “We see potential for growth at Bronco Billy’s as the property benefits from a full year of its recently-completed expansion. Over the long term, there may be opportunities to develop the property’s excess surrounding acreage. We expect that its management team will remain at the property and we look forward to welcoming them and all of the Bronco Billy’s employees to the Full House family,” said Daniel Lee, president and CEO of Full House Resorts, in a statement.

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