| | Business Summary | | Colorado
Casino
Resorts,
Inc.
owns,
develops
and
operates
gaming
properties.
The
Company
currently
owns
and
operates
two
casino
properties
in
Cripple
Creek,
Colorado,
The
Double
Eagle
Hotel
&
Casino
and
Creeker's
Casino.
The
Double
Eagle
is
a
five-story
casino/hotel
prominently
located
at
the
main
entrance
to
Cripple
Creek
and
offers
customers
158
guest
rooms,
a
45,000
square-foot
casino
with
over
600
slot
machines
and
five
blackjack
tables,
two
bars,
an
85-seat
restaurant,
an
entertainment
stage,
and
a
gift
shop.
The
Company's
second
casino,
Creeker's
Casino,
is
a
19,000
square-foot
casino
located
in
the
center
of
Cripple
Creek's
gaming
district
with
approximately
200
slot
machines,
two
bars,
and
a
restaurant. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Colorado
Casino
owns,
develops,
and
operates
the
following
gaming
properties:
Creeker's
Casino
and
The
Double
Eagle,
in
Cripple
Creek,
CO.
For
the
nine
months
ended
7/99,
revenues
increased
18%
to
$19.5
million.
Net
loss
increased
17%
to
$5.3
million.
Revs.
reflect
improved
customer
patronage
resulting
from
increased
payout
percentages
and
the
marketing
campaign
deployed.
Higher
loss
reflects
complimentary
expenses
that
are
now
being
charged
to
the
marketing
department. | | More
from
Market Guide: Significant
Developments |
| | Officers | | | FY1998 Pay | |
| Gilbert Sisneros, 60
VP | -- | Joseph Farruggio, 47
VP
and Gen. Mang. of The Double Eagle | -- | Farid Tannous, 32
Treasurer
and CFO | $105K | Michael Smith, 40
Sec.,
Gen. Counsel, | -- | | Dollar amounts are as of 31-Oct-1998 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
