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Saratoga-based operator buys Colo. casino

Posted at: 01/30/2013 9:23 AM
By: AP

SARATOGA SPRINGS, N.Y. (AP) - A Saratoga Springs-based raceway and slots company has purchased a casino in Colorado for $28 million.

Saratoga Harness Racing, Inc., which owns the Saratoga Casino and Raceway announced Tuesday that it completed the deal to buy Fitzgeralds Casino Black Hawk in Black Hawk, Colo.

The new casino will be called "Saratoga Casino-Blackhawk."

The casino, open since 1995, was renovated in 2008 and has about 600 slot machines and 11 table games plus restaurants, bars and a banquet facility.

It employs about 200 people.

Saratoga Harness Racing's casino in Saratoga Springs has 1,700 video slot machines. Las Vegas-style casinos with table games are banned on non-Indian land in New York though a measure to legalize them could be decided by voters this fall.

(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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