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BLACK HAWK, CO-Windsor Woodmont is betting that it will do better on its own than with Hyatt.Windsor Woodmont is now operating the former Black Hawk Casino by Hyatt.

The bankrupt casino, the largest in Colorado, bought out Chicago-based Hyatt Gaming’s three-year-old management contract for $18.3 million. Windsor Woodmont filed for reorganization under Chapter 11 bankruptcy court in November. It opened with great fanfare in December 2001.

Hyatt and Windsor Woodmont had been bickering for quite some time. Hyatt said it was Windsor’s fault that it was unable to service $152 million in debt, after Windsor missed the first interest payment on a $100 million loan in October. Windsor, however, said that Hyatt was an inept manager, and blamed it for delays in opening and for not bringing more repeat customers to the casino.

The new name for the $150 million casino is Mountain High Casino.

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