According to officials at JZ Gaming, a newly formed entity and affiliate of the owners of Johnny Z’s, the company has entered into a definitive agreement with an affiliate of Penn National Gaming to acquire Bullwhackers and a gas station in Black Hawk.
None of the financial details have been disclosed and the deal is expected to be closed some time in the second quarter.
The Colorado casino opened in 1992 and was one of the first to open in Black Hawk. Bullwhackers features a 36,000-square-foot casino with 282 slot machines. The property also has a quick-serve restaurant.