American casino operator Monarch Casino and Resort Incorporated has announced that the first phase of the $295 million expansion of its Monarch Casino Resort Spa Black Hawk is set to open from Thursday morning following some 45 months of construction.
The Reno-headquartered firm used an official Monday press release to detail that the scheme for the Colorado venue has involved the construction of a 23-story hotel tower complete with 250 luxury rooms and suites. The operator moreover declared that the initial 13 floors of this new enterprise are to begin welcoming guests from November 19 followed by the remaining complement in addition to a concierge lounge and crowning pool and spa facility ‘later this year.’
Monarch Resort and Casino Incorporated explained that the Black Hawk property is furthermore soon to premiere a casino floor that will almost double the size of its 30,000 sq ft predecessor so as to host around 1,250 slot machines in addition to about 40 gaming tables. The firm also pronounced that all of these are to eventually be joined by a trio of new restaurants as well as bars, banqueting and meeting spaces and a nine-story parking garage capable of accommodating roughly 1,500 vehicles.
John Farahi, Co-Chairman and Chief Executive Officer for Monarch Casino and Resort Incorporated, used the press release to assert that the works are to take the total room complement for his firm’s new-look Monarch Casino Resort Spa Black Hawk up to 516. The executive furthermore proclaimed that the expansion will allow the Gilpin County venue to better exploit recently-passed legislation that is to remove Colorado’s current $100 maximum betting limit while allowing ‘new games such as baccarat and pai-gow tiles.’
Read a statement from Farahi…
“We are confident that our product will meet the expectations of the market’s upper segment.”