Colorado Gaming & Casinos
Colorado casino search engine
Lottery - Casinos - Hotels - Maps

Colorado Gambling Forum: Casinos, Poker, Pari-mutuel

Colorado Gambling :: Co Lottery Results :: Black Hawk :: Central City :: Cripple Creek :: Indian Casinos :: Online Casinos

FAQ       Search      Inbox      Profile       Log in       Register
Colorado Lotto Results
Colorado Casino Map
Gambling Forums
Casino Photos
Directory
Gaming News
Transportation
Post new topicReply to topic
Author Message
Gonzopozo
Site Admin


Joined: 20 Jun 2005
Posts: 166
Location: Lakewood, Colorado
2089 credits
PostPosted: Fri Feb 17, 2006 7:08 pm    Post subject: Colorado January casino proceeds up 6.4 % Reply with quote

Colorado casinos reported $63.9 million in adjusted gross proceeds in January, a 6.4 percent increase from the same month a year ago.

Black Hawk casinos recorded the biggest gain last month, with proceeds of $45.8 million, up 7.9 percent from a year ago.

Cripple Creek casinos had proceeds of $12.2 million, a gain of almost 5 percent.

Central City gaming establishments reported proceeds of $5.9 million, a drop of roughly 1.8 percent from a year ago.

G
Back to top
louis
Member


Joined: 04 Jan 2006
Posts: 23

50 credits
PostPosted: Mon Feb 27, 2006 11:29 pm    Post subject: Reply with quote

Impressive statistics, and it seems as though casino and gambling establishments are still a good bet (no pun intended)

I do wonder how long this growth can last, as I've seen stats from around the US, and practically everywhere is up significantly on last years profits, which were in turn up on the previous years etc.

How long before we hit a decline you reckon?
Back to top
Gonzopozo
Site Admin


Joined: 20 Jun 2005
Posts: 166
Location: Lakewood, Colorado
2089 credits
PostPosted: Tue Feb 28, 2006 12:30 am    Post subject: Casino Growth Reply with quote

You know what??? Never. There may be short-lived declines (like if another 9-11 comes along) but over the long term all I see is growth-growth-growth.

More and more states are passing gaming legislation every year.

Las Vegas has 3 new mega-resorts on the way.

You know what's driving all this? Kids. Every year another load turns 21 and they are gaming maniacs. They grew up with video games and that's all a slot is these days. Plus there's Hold'em drawing them in.

Finally, the TAX revenue to the governments have become something they cannot live without.

Time to invest in Harrah's eh? Or maybe this website? (we could use some capital, by the way) Laughing Laughing

G
Back to top
Post new topicReply to topic All times are GMT
Display posts from previous:   

Quick Reply and Actions

Page 1 of 1







U.S. Casinos powered by phpBB Our partners are: California Casinos, Land Based Casinos, Online Casinos