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The Golden Gulch Casino, formerly a Jazz Alley casino, recently opened after renovation and improvement. The property opened with 125 gaming devices, and plans to expand to 240 gaming devices.
In December 2002, concord gaming corporation purchased the former jazz ally casino property located in blackhawk, Colorado, for about $1.6 million through concord blackhawk corporation, a wholly owned subsidiary. "We believe that the opening of the Golden Gulch Casino will improve profitability in the coming years," said Jerry Baum, president and CEO of Concorde Gaming. "We plan to improve our financial results by making the most of the operational efficiency that exists between the Golden Gate and the Gold Gulch Casino." Concorde Gaming owns and operates three gaming properties, along with more than 600 gaming devices in operation. The company operates two limited-stake gaming properties, the Golden Gates Casino and the Golden Gulch Casino, in Black Hawk, Colorado. |
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