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Gambling in the USA

Rocky Mountain Gaming to Acquire Johnny Nolon’s Casino and Colorado Grande Casino in Cripple Creek

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Rocky Mountain Gaming CC LLC announced that they have entered into definitive agreements with Minter Holdings LLC to acquire the operating assets of Johnny Nolon’s Casino, and G Investments LLC to acquire the operating assets of the Colorado Grande Casino. Both properties are managed by David Minter through Minter Holdings LLC. The deal is pending approval and licensing from the Colorado Division of Gaming.

Rocky Mountain Gaming was founded by David D. Ross, Michael J. Gaughan III and Joseph J. Canfora to seek gaming opportunities throughout the US. Ross and Gaughan have worked together for approximately 30 years in Senior Management for Coast Casinos, Affinity Gaming and the JW Marriott & Rampart Casino. Canfora was the owner of Wildwood Casino in Cripple Creek until selling its operating assets to Golden Nugget in 2022. Canfora has more than 40 years of experience in gaming and hospitality.

“I was surprised when David and Michael first approached me with the opportunity to get back into the Cripple Creek market. After thinking about it, I realized that Johnny Nolon’s and Colorado Grande presented the opportunity to maintain the old Cripple Creek casino feel that the locals had grown accustomed to,” Joseph J. Canfora said.

“The Cripple Creek market is growing rapidly with Golden Nugget bringing in an anchor restaurant like Salt Grass, and the opening of Chamonix this month. Those two operators, at either end of the town, will help attract new visitors to Cripple Creek, and we think there’s an opportunity for our properties to offer a true locals experience that caters to individuals looking for loose slots and personal service,” said David Ross.

Johnny Nolon’s Casino is one of Cripple Creek’s original casinos and, along with the Colorado Grande Casino, is at the heart of the town’s historic gaming district. Combined, the two properties have approximately 400 gaming devices, 7 hotel rooms, and operate Maggie’s Restaurant at the Colorado Grande. David J. Minter is the sole owner of Johnny Nolon’s and the majority owner of Colorado Grande’s operating assets.

“I’m proud of what I’ve accomplished at these two casinos over the years. While other casinos were coming and going and changing owners, we were a constant in this town. I look forward to seeing what Rocky Mountain Gaming CC brings to these casinos I love so much,” said David J. Minter.

Gambling in the USA

Major Casino Operators Ready to Invest if Georgia Lifts Casino Ban

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As discussions about legalizing gambling in Georgia gain momentum, major casino operators like Wynn Resorts and Boyd Gaming are poised to lead the charge if the state changes its restrictive laws.

During a recent Georgia House study committee meeting, Christopher Gordon, president of Wynn Resorts’ development arm, expressed keen interest in building a multibillion-dollar casino should legal barriers be removed. Similarly, Boyd Gaming’s government affairs vice president Ryan Soultz highlighted Georgia’s market attractiveness.

Wynn’s model would be similar to its $2.6 billion Encore Boston Harbor, suggesting that a new Georgia casino could employ up to 4000 workers and contribute substantial gaming tax revenue.

Although specific locations have not been chosen, both companies have indicated they would need constitutional changes to move forward. Their willingness to invest heavily in the Peach State demonstrates a strong belief in the untapped potential of the state’s gambling market.

Such developments offer a compelling argument for lawmakers to consider gambling expansion, marking a shift toward economic incentives as a primary motivator for legislative change.

Should Georgia proceed with legalizing casino gambling, the legislative language will be crucial in shaping the industry’s landscape. Key proposals may include requiring casino companies to invest at least $1.2 billion per resort and generate a minimum number of jobs, often set at around 10,000 per license. This ensures that any developments bring tangible benefits to the local economy.

Additional legislative demands include rigorous background checks for key personnel, proven industry experience, and adherence to strict technical and financial standards. Only companies with substantial capital and robust infrastructure, like Wynn Resorts and Boyd Gaming, are likely to meet these stringent requirements.

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Gambling in the USA

Plaza Hotel & Casino to welcome the U.S. National Champions Summerlin South All Stars to be TNT Ignitors for Welcome to the Weekend Friday Fireworks, next Friday, Sept. 5

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The Plaza Hotel & Casino will welcome the U.S. National champions, the Summerlin South All Star team to be the special guest TNT Ignitors of the property’s Welcome to the Weekend Friday Fireworks show, next Friday, Sept. 5 at 9:15 p.m., taking place on the Plaza’s rooftop pool deck.

“Getting to ignite the Plaza’s amazing fireworks show is a great honor for the team,” said Chris Mallory, president of Summerlin South. “And we thank the Plaza and Jonathan for the warm welcome and fun celebration planned for the team, including a pizza party for them and their families.”

“All of Las Vegas is proud of the accomplishments that the Summerlin South team made in the All Star postseason,” said Jonathan Jossel, CEO of the Plaza Hotel & Casino. “We look forward to hosting the team and their families, and we hope all of their fans come out to celebrate with them and enjoy the fireworks show.”

The summer fireworks shows are staged from the top of the Plaza’s South Tower every Friday at 9:15 p.m. from May through September.

The public can watch the Welcome to the Weekend Friday Fireworks Show for free at the rooftop pool, at Carousel Bar under the Plaza’s iconic dome, and from in front of the Plaza on Main Street, which will be closed to vehicular traffic during the show for viewing the fireworks from Carson Avenue to Ogden Avenue.

The Plaza’s fireworks will be dependent on weather conditions and are subject to change or cancellation. Updates will be available on the Plaza’s social media channels, including Facebook, Instagram and Twitter.

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Gambling in the USA

New Hampshire Charitable Gaming Revenue Hits $24.8M in July

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New Hampshire charitable gaming revenue has reached $24.8 million last month, up from the previous year’s figure of $14.5 million, boosted by the opening of new casinos.

The latest figures come from the New Hampshire Lottery and Gaming Commission, which shows that of the 15 casinos, only four saw losses, while four others were not in operation last July.

The Nash Casino, which opened in March, generated the highest revenue of all the casinos – $5.8 million.

The highest year-over-year increase was seen by the Revo Casino Lebanon, which opened in a new location in December, and saw revenue rise by 321% from $387,836 to over $1.6 million.

Other notable rises were seen from the Lakes Region Casino, which generated an increase of 24% year-over-year and The Brook, which saw a 17% rise from $4.7 million to $5.5 million.

The biggest declines came from The Lucky Moose Casino, where profits dropped by 79% from $666,454 to $139,748, and the Gate City Casino, which saw profits fall by 16% from $2.7 million to $2.3 million.

Historic horse racing revenue rose by 85% year-over-year, from $10.6 million to $19.7 million, while games of chance revenue increased by 53% from $3.3 million to $5.1 million.

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