LV company buys casinos

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Friday, Sept. 10, 2004 | 10:57 a.m.

Golden Gaming Inc., has reached an agreement to acquire the Golden Gates and Golden Gulch casinos in Black Hawk, Colo.

The Las Vegas company in May announced an agreement to purchase the Mardi Gras casino in Black Hawk, a small town located about 45 minutes from Denver. The company expects the sales to close before the end of the year.

Golden Gaming will operate more than 1,200 gaming devices in Black Hawk once the transactions are closed.

In a statement, Golden Gaming Director of Marketing Scott Eldredge said the proximity of the casinos to one another "allows for great flexibility for developing additional casino space, hotel rooms, parking and other amenities in the future."