Jan 24, 2020 5:30 PM

Company with casino in Missouri buys 3 casinos in Colorado

Posted Jan 24, 2020 5:30 PM

LINCOLN, R.I. (AP) — A Rhode Island casino company said Friday it has completed the purchase of three casinos in Colorado.

Twin River Worldwide Holdings Inc. said it closed on the Golden Gates, Golden Gulch and Mardi Gras casinos in Black Hawk, Colorado.

The Lincoln-based company purchased the casinos from Nevada-based Affinity Gaming for $51 million in a deal that also includes three sports-betting licenses.

Twin River said the casinos are located along a half mile strip of casinos in the historic mining town, which is about 30 miles west of Denver.

Together, the casinos contain 36,000 total square feet of gaming space, nearly 20 table games, about 700 slot machines, as well as restaurants and bars.

Twin River now owns and manages seven gambling facilities across the country.

Among them are casinos in Mississippi and Delaware, a horse track in Colorado and two casinos near the Massachusetts state line: Twin River Casino Hotel in Lincoln and Tiverton Casino Hotel in Tiverton.

The company says it also has casinos in Kansas City, Missouri and Vicksburg, Mississippi under contract.

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Jan 24, 2020 5:30 PM
Calif. man cashed stolen tax refund checks in Kansas

KANSAS CITY (AP) —A man was sentenced Wednesday to five years in federal prison with no parole for participating in a scheme to cash more than $447,000 in stolen tax refund checks.

Dante L. Chestnut, 31, of Ontario, California, pleaded guilty in July 2019 to conspiracy to commit bank fraud, bank fraud and aggravated identity theft.

Chestnut admitted that he and others stole tax refund checks from the mail in April 2016.

They then used driver's licenses and other identification documents to cash the checks at Academy Bank branches in Kansas, Missouri, Arizona, and Colorado, prosecutors said.