Colorado Casino Revenues Fall In April

DENVER (AP) – Colorado casino revenues for April fell 2.6 percent over the previous month, but rose over the same period last year.

The Colorado Department of Revenue reported Friday that casinos reported $64 million in adjusted gross proceeds, up 1.9 percent from April a year ago but down from $66 million in March.

Proceeds are the amount wagered by bettors less the payouts from casinos.

Black Hawk’s 17 casinos were down 1.2 percent from March; Cripple Creek’s 13 casinos were down 8.7 percent and Central City’s seven casinos were down 1.7 percent.

Casinos paid $11 million in gaming taxes in April, equal to the amount paid in March.

(Copyright 2011 by The Associated Press. All Rights Reserved.)

Comments

More From CBS Denver

Weather App
CBS Local App

Listen Live

AM/FM Stations

Featured Shows & Multimedia