Colorado casinos&#039 revenue down

Filed under: Inside Business |

Revenues at Colorado casinos experienced their annual fall swoon in November. Casinos statewide generated $49.5 million in adjusted gross proceeds (AGP) in November, down from $54.3 in October but up 4.9 percent from $47.2 million in November 1999. AGP is the amount wagered less payouts from casinos. Cripple Creek&#039s 19 casinos captured $9.5 million in November, down from $11.4 million in October, earning 19.2 percent of the state total. Black Hawk&#039s 19 casinos recorded $35.0 million in AGP in November, down from $36.9 million in October, generating 70.7 percent of the statewide market. Central City&#039s seven casinos reported $4.9 in AGP in November, down from $6.0 million in October, accounting for 9.9 percent of the state market.