Gaming revenues up in Oct.

Nov 22, 2005 2:40 AM

Revenues in Colorado casinos held steady in October, with slight increases over the previous month and the previous year.

Gaming establishments statewide reported $63.9 million in adjusted gross proceeds (AGP) in October, up slightly from $63.6 million in September, and $62.9 million in October 2004.

AGP is most simply defined as the amount wagered by bettors less payouts from casinos.

Black Hawk’s 21 casinos generated $45.5 million in AGP in October, an increase from $44.6 million in September and $44.9 million in October 2004.

Cripple Creek’s 19 casinos produced $12.7 million in AGP in October, down from $13.3 million in September and $13.4 million the previous October.

Central City’s six casinos totaled $5.6 million in AGP in October, the same as the previous month, but up from nearly $4.6 million in October last year.

Casinos paid $8.6 million in gaming taxes in October, up from $7.3 million in September.