Author: By Wayne Heilman [email protected]
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Children’s Hospital Colorado adds tuition-free education benefit
Children’s Hospital Colorado last week became the latest major employer to add tuition-free education as an employee benefit, joining a growing list ranging from Walmart to The Walt Disney Co. Nearly a fourth of Children’s 7,500 employees have created user accounts to find out more about the benefit through Denver-based Guild Education, said Greg Raymond,…
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Basketball lifts March sports betting to second-highest monthly total
The final weeks of the NBA regular season and the NCAA basketball tournament lifted sports bets in Colorado last month to the second-highest monthly total in the nearly two years since such wagers were legalized. End of NFL season triggers decline in Colorado sports bets Bets on professional and college basketball made up nearly two-thirds…
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Colorado vehicle registrations decline, with a common theme to blame
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Low inventories of new vehicles triggered a 10% decline in new vehicle registrations in Colorado in the first quarter and are expected to play an even bigger role in the second quarter, a dealer trade group said. The 57,618 new vehicles registered in the first quarter were down more than 6,000 vehicles from the more…
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Colorado Springs hotels rebound, but not quite to pre-COVID level
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Colorado Springs hotels saw solid occupancy in March, but the occupancy rate was shy of pre-pandemic levels. The 64.5% occupancy rate in March was a big improvement from the 54.9% level reached in March 2021, and was the third-highest level for that month in 21 years, according to the Rocky Mountain Lodging Report. Last month’s occupancy…
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Study: Colorado received $63 billion in COVID relief, stimulus
Colorado landed more than $60 billion in federal COVID-19 pandemic assistance and other funding during the past two years, according to a recent study by the Peter G. Peterson Foundation. The $63.6 billion in government cash, or more than $11,000 for each person in Colorado, came in stimulus checks sent to most Americans; a variety…
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Longtime Colorado Springs small business advocate named to SBA post
Aikta Marcoulier, who has grown the Pikes Peak Small Business Development Center into a key player in Colorado Springs, has been named to head the Small Business Administration’s regional office in Denver. She takes over May 23 as administrator of the agency’s Rocky Mountain regional office, which covers Colorado, Montana, North Dakota, South Dakota, Utah…
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Venture capital slows in first quarter amid stock market swoon
Investments in startup companies took a step backward in the state and the nation in the first quarter as falling stock prices, inflation and war in Europe curbed investor enthusiasm. Just one company in Colorado Springs, Roth Industries, raised money in the first quarter. The company, which sells prepared foods to major grocery chains, secured…
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Texas billionaire restaurant mogul buying Cripple Creek casino
A company controlled by Houston billionaire restaurant mogul Tilman Fertitta has agreed to pay about $43 million for the Wildwood Casino and Hotel in Cripple Creek in a deal expected to be completed this summer. Fertitta Entertainment, which owns Golden Nugget casinos in Las Vegas and four other locations, signed the agreement in November, according…
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Houston billionaire restaurant mogul buying Cripple Creek casino
A company controlled by Houston billionaire restaurant mogul Tilman Fertitta has agreed to pay about $43 million for the Wildwood Casino and Hotel in Cripple Creek in a deal expected to be completed this summer. Fertitta Entertainment, which owns Golden Nugget casinos in Las Vegas and four other locations, signed the agreement in November, according…
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Colorado Springs flight school, MSU Denver partner to train airline pilots
Nolan Shell has dreamed of becoming a pilot for a major airline since taking a flight on a family vacation when he was a child. Now he’s on a path to realizing that dream in about 3½ years as part of a new program. The 18-year-old has already received his pilot’s license and will get…