Boom time for Colorado casinos
Casino revenues in the US state of Colorado leapt over the month of September by nearly ten per cent, new figures show.
The Colorado Division of Gaming reports that adjusted gross proceeds for casinos soared by 9.7 per cent to $69.8 million last month, compared with September 2005.
According to the Denver Business Journal, the latest casino data for Colorado shows that adjusted gross proceeds were up by 1.5 per cent between August and September 2006 and the state’s casinos have generated a whopping $212.8 million in revenue over the year to date.
Colorado has a total of 47 casinos, 21 of which are located in the town of Black Hawk, 19 in Cripple Creek, near Colorado Springs, seven in Central City and the remainder in Ignacio and Towaoc. The state’s gaming revenues reached a record high of $74.3 in July this year.
The largest contributor of adjusted gross proceeds (the amount a game brings in minus any cash prizes paid out) was penny slots in September ($25.2 million), while the Colorado casinos paid a total of $7.3 million in gaming taxes last month.

