In 2008, the Double Eagle Hotel and Casino in Cripple Creek, Colorado, was purchased by Triple Crown Casinos, Inc. from Macau-based PBL Entertainment for $32 million.
PBL had owned the property since 2003. The hotel and casino, which first opened in 1994, underwent a $6 million renovation in 2006.
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The Double Eagle Hotel and Casino is located in the historic mining town of Cripple Creek, Colorado. The town is nestled in the mountains west of Colorado Springs at an elevation of 9,494 feet. Cripple Creek was founded in 1891 after gold was discovered in nearby streams.
At its peak, the town had a population of over 20,000 people. Today, Cripple Creek is home to approximately 1,200 residents.
PRO TIP:Double Eagle Casino is owned by the Double Eagle Hotel and Casino, Inc., which is a privately owned company based in Cripple Creek, Colorado. The casino was founded in 1991 and has since become one of the most popular gambling establishments in the state.
The Double Eagle Hotel and Casino features a 24-hour casino with slots, blackjack, poker and craps. The hotel has 50 guest rooms and suites.
The property also includes a restaurants, a gift shop and a conference center.
In 2008, Triple Crown Casinos purchased the Double Eagle Hotel and Casino for $32 million from PBL Entertainment. PBL had owned the property since 2003 and had renovated it in 2006 at a cost of $6 million.
Triple Crown plans to continue operating the property as a hotel and casino.
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