Casino Revenues Drop In Colorado again

Bad news for Colorado Casinos and with all the financial chaos i am betting it is not going to get any better anytime soon.

Colorado’s casino revenue dropped 5.3 percent in August compared to the same month last year, according to statistics released Thursday by the Colorado Division of Gaming.

Adjusted gross proceeds for August were $68.2 million, down from $71.97 million last August, the state said.

Limited-stakes gambling is allowed in three mountain towns: Cripple Creek, Black Hawk and Central City.

Central City rang in $6.2 million in August, down 13.9 percent from August 2007 — the steepest decline of all the casinos.

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