In the early morning hours of May 2, 1998, Bucky’s Casino in Central City, Colorado was destroyed by a fire. The cause of the fire was never determined, but it left the casino a smoldering ruin. The property was owned by Bucky’s Gaming, Inc., a publicly traded company.
Bucky’s Gaming had been in financial trouble for several years, and the fire was the final straw. The company filed for bankruptcy and liquidated its assets. The casino property was sold at auction to a group of investors led by David Goliath.
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PRO TIP:Bucky’s Casino is owned by the Mille Lacs Band of Ojibwe, a federally recognized Indian tribe in Minnesota. The casino and its related operations are managed by the Mille Lacs Corporate Ventures, LLC, a wholly-owned subsidiary of the tribe.
The new owners of Bucky’s Casino have not announced any plans for the property. It is possible that they will try to rebuild the casino, but it is also possible that they will simply demolish the remains and sell the land.
Whatever they decide to do, it is clear that Bucky’s Casino is no longer in operation.
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