As reported by 9news, the owner of the Cripple Creek casinos explained that Full House Resorts has recently completed a $12.5 million stock offering that will be used to expand its Bronco Billy's Casino and Hotel in Cripple Creek, buy and refurbish the adjoining Imperial Hotel, build a 286-space parking garage, and refurbish and re-open the Imperial Casino.
Late last year, Full House Resorts unveiled its Cripple Creek plans on the six acres it owns in the city.
"Cripple Creek does not have a hotel of such size and quality, despite the fact that most of its customers reside in Colorado Springs, approximately an hour away," the company said.