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Saratoga Harness Racing buys Colorado casino

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January 30, 2013 | Print View

Saratoga Harness Racing Inc. (SHRI), owner of Saratoga Casino and Raceway in Saratoga Springs, NY, has announced the official completion of its acquisition of Fitzgeralds Casino Black Hawk in Black Hawk, Colorado, on Tuesday (Jan. 29). SHRI began operating Fitzgeralds Casino Black Hawk earlier in the day.
 
The closing on the purchase from The Majestic Star Casino, LLC ("Majestic Star") is now complete, and SHRI received licensing approval earlier in the month from the Colorado Division of Gaming. The $28 million purchase agreement was announced May 15, 2012. Fitzgeralds, one of the premier historic casino properties in the Black Hawk market, will be rebranded as "Saratoga Casino- Blackhawk."
 (Saratoga)

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