DENVER (AP) – Two casinos are preparing for grand openings next month and a third is wrapping up a major renovation amid complaints that the industry is suffering from the recession.

In May, the gaming commission authorized a 5 percent tax cut after the industry complained that revenues were hurt by the economic downturn, a smoking ban and high gas prices.

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Fortune Valley Hotel & Casino in Central City will unveil a fresh look July 1. In Cripple Creek, Big Jim’s Gambling Hall and Saloon is slated to open at the old Imperial Hotel & Casino, and Sasquatch Casino will open in July in Black Hawk.

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According to the Denver Post, the Colorado Limited Gaming Control Commission will review retail license applications Thursday for Big Jim’s and Sasquatch Casino in Black Hawk.

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