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Casino odds aren’t as flexible as you think

Casino odds aren’t as flexible as you think

Gamblers, as anyone who has spent time in a casino knows, are superstitious. They may know that slot machine payouts are governed by the chilly indifference of a computer chip, and that a random-number generator determines when jackpots are paid. But that knowledge seldom is internalized. Many players seem to believe certain machines are “looser”… Continue Reading Casino odds aren’t as flexible as you think

CO Senate considers video lottery

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Video lottery terminals at Colorado horse racing tracks is up for debate in the state Senate as lawmakers look for ways to ease budget cuts for education. Senate Bill 233 would allow video lottery terminals at two horse tracks, with the proceeds going to higher education. There is no official estimate from the state how… Continue Reading CO Senate considers video lottery

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By Peter Meredith Century Casino & Hotel in Cripple Creek reported $2,458,000 in net operating revenue for the three months ended Dec. 31, a 3 percent increase over the $2,385,000 it reported for the corresponding quarter of 2009. Operating earnings, however, remained flat at less than $0.1 million, and for the year as a whole… Continue Reading Cripple Creek’s Century Casino Q4 revenue up 3%

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By Andrea Sutherland Colorado Springs-based Century Casinos, Inc. has applied for a casino license in Switzerland. Century operates casinos in Cripple Creek and Central City as well as in several other countries including Canada, Poland and the Czech Republic. “We’re always looking for attractive opportunities in Europe,” said Peter Hoetzinger, the CEO and president of… Continue Reading Century Casinos applies for Switzerland casino license

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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… Continue Reading Gaming revenue: Blackhawk soars, Cripple Creek stagnates

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