Author: Wayne Heilman Special to the Gazette
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Colorado Springs Airport passenger traffic falls to 37-year low in 2020
Passenger numbers on outgoing flights at the Colorado Springs Airport last year fell to a 37-year low, but a rebound is expected this year with the arrival in March of Southwest Airlines and expansion by other carriers. The 363,845 passengers leaving the airport in 2020 was down 56.7% from 2019 and the lowest annual total…
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Verizon launching 5G wireless service in Colorado Springs
Verizon will expand its fastest wireless network to parts of Colorado Springs on Thursday, offering peak download speeds of up to 4 gigabits per second in the downtown area, Briargate and near other key locations. The service will be available at the U.S. Olympic Training Center Velodrome in Memorial Park, the UCHealth Memorial Hospital North…
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Cripple Creek casino expansion getting a lot bigger after bet limits raised
CRIPPLE CREEK • The owners of Bronco Billy’s Casino & Hotel are going all in on a planned expansion, announcing plans Monday to nearly double the size of a hotel and parking garage project. Las Vegas-based Full House Resorts, which owns Bronco Billy’s, unveiled the updated plans as part of an earnings update it released,…
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Colorado Springs-based Cherwell Software to be sold to Utah company
Colorado Springs-based Cherwell Software will be acquired by Salt Lake City information technology security company Ivanti in a deal backed by two private equity investment firms, Ivanti announced Tuesday. Affiliates of Clearlake Capital Group and TA Associates are financing the deal; terms of the transaction were not disclosed. Cherwell CEO Sam Gilliland said the deal…
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Quantum Metric adds senior executives to management team
Quantum Metric has added chief financial and revenue officers to its management team and an advisory board member in the wake of landing $200 million in venture capital as the Colorado Springs-based software company gets ready to go public. Ed Goldfinger, who has spent more than 20 years as CEO or chief financial officer of…
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Colorado sports wagering hits nearly $1.2 billion in eight months
Sports wagering in Colorado jumped to another record in December, pushing the amount bet last year to nearly $1.2 billion, the Colorado Department of Revenue reported Monday. Betting on professional football and basketball, and college basketball added up to more than half of the $284.6 million total in December. Last month’s total was up 23.1%…
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Cripple Creek casino expansion getting a lot bigger after bet limits raised
The owners of Bronco Billy’s Casino & Hotel are going all in on a planned expansion, announcing plans Monday to nearly double the size of a hotel and parking garage project. Las Vegas-based Full House Resorts, which owns Bronco Billy’s, unveiled the updated plans as part of an earnings update it released, saying its board…
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United resuming Colorado Springs flights to LA, adding others
United Airlines next month will resume daily service between Colorado Springs and Los Angeles and add local flights to Denver and Houston, Colorado Springs Airport officials announced Friday. The Chicago area-based carrier suspended the Los Angeles service and reduced flights to the other two cities in late March after nearly all states imposed stay-at-home orders…
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Colorado unemployment jumps amid tighter pandemic restrictions
Colorado’s unemployment rate surged two full percentage points to 8.4% in December as tighter pandemic restrictions took hold, the U.S. Bureau of Labor Statistics reported Friday. The state’s jobless rate was the highest since 10.6% in June and was above the national rate of 6.7%; the state rate had remained unchanged at 6.4% between September…
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Colorado Springs Movers & Shakers
Lindsay Schultz of Colorado Springs has been promoted to CEO of MRC Recruiting, an executive search firm specializing in precious metals mining and the resource sector, that is headquartered in Denver and Albuquerque, N.M. She has been with the company for 15 years and was vice president. She has a bachelor’s degree in human resources…