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New Colorado casino rules paying off

20 August 2009

DENVER, Colorado -- As reported by The Denver Post: "Colorado casinos hit the jackpot in July, posting a 16 percent increase in revenue during the first month of higher limits, new games and round-the- clock gambling.

"It was the industry's first substantial boost in monthly revenue since December 2007.

"Casinos in Black Hawk, Colorado's premier gambling destination and home to the largest operators, were the biggest winners, posting record revenue of $54.5 million, up 19 percent from the same month a year ago.

"Overall, casinos statewide reported $76.2 million in adjusted gross proceeds, which are total bets minus payouts. That represents the second-best month in total revenue, trailing only the $76.5 million posted in July 2007..."

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