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 [...] [...]
by admin Published: July 2,2010
Tags: gambling
Colorado gambling tax revenue is up one year after casinos started expanding their hours, games and betting limits under a new law. But it’s not up as much as expected.
Since July 2009, Colorado’s three mountain gambling towns have allowed casinos to stay open 24 hours, add craps and roulette, and raise betting limits from $5 [...] [...]
The gold mining boom of the 1890s created Cripple Creek and the gambling boom of the 1990s revived it. But all booms end, and unless the economy takes off, Cripple Creek’s best days might be behind it.
Despite voter approval of higher bet limits, extended gaming hours and more table games, gambling revenues in Cripple Creek [...] [...]
Cripple Creek’s casinos are betting on a much-needed economic boost from new games, higher betting limits and extended operating hours.
Measured by adjusted gross proceeds, Cripple Creek casino revenue reached the high water mark of $154.9 million during 2007, following years of steady growth.
But during 2008, yearly revenue plummeted nearly 10 percent to $140.1 million, erasing [...] [...]
by John Hazlehurst Published: April 10,2009
Tags: gambling
Unemployment, both nationally and regionally, has reached a 25 year high, as companies shed workers to adjust to the faltering economy.
Here in the Pikes Peak region, it’s hard to find businesses that are adding workers, anticipating higher sales, and looking forward to a profitable summer - unless you drive up to Cripple Creek.
Thanks to last [...] [...]
by John Hazlehurst Published: April 10,2009
Tags: gambling
Being a croupier (i.e., one who manages a craps table game) isn’t as easy as it might seem.
Which is why a class of aspiring croupiers, who hope to land a job when Cripple Creek casinos introduce table games this summer, were busy learning their trade this week.
“Running a roulette wheel isn’t as difficult as craps,” [...] [...]
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