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Riviera Casino in Black Hawk files for bankruptcy

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July 15, 2010

The Rivera Casino in Black Hawk has filed for Chapter 11 bankruptcy. It is reported that the casino is in debt between $100 million to $500 million.

It was hopeful a year ago when amendment 50 was passed more business would be generated for state casinos. The amendment allows for 24 hour operations. Roulette and Craps were also added to the list of allowed games. Betting limits were also increased.

A representative from the Rivera state the casino will continue to conduct business as normal. They will also continue to pay customers, employees, and vendors.

Currently there are several companies that are interested in obtaining the Rivera Casino. Some are Vegas based. However there are no public plans for that to happen.

Return to Colorado Casinos.
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