Gaming revenue: Blackhawk soars, Cripple Creek stagnates

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Casinos in Blackhawk and Central City saw increased revenue during June, compared to a year earlier, while Cripple Creek revenues declined.

Total adjusted gross proceeds from Colorado casinos increased by more than 7 percent, from $57.55 million during June of 2009 to $61.75 this June.

Black Hawk casinos increased their take by 12 percent, while Central City’s gain, at 3 percent, was much smaller. Cripple Creek brought up the rear, with a year-to-year decline of 3.5 percent.
Central City added a casino during the year, while in Cripple Creek the long-established Imperial Hotel and Casino closed its doors.

Blackhawk’s increasing dominance of the Colorado gaming market has accelerated since the opening of Ameristar’s 32 story 564 room luxury hotel above its casino during October of 2009.