For the first three months of 2007, Colorado’s 44 casinos raked in revenue of $592.9 million, according to the Colorado Division of Gaming.
Casino revenue technically is called adjusted gross proceeds (AGP), or the amount wagered by bettors minus pay-outs from casinos.
Casinos in the state paid $12.7 million in gaming taxes in March, up from $11.3 million in March ”˜06.
Gaming taxes help fund things such as the Colorado Historical Society, city and county governments in gaming towns as well as the state’s $19 million-a-year tourism-promotion fund.
The gaming town of Black Hawk’s 20 casinos, as usual, accounted for most of March’s AGP — $53.6 million.
Cripple Creek’s 18 casinos contributed $13.7 million in revenue, while Central City’s six gaming establishments had $7.2 million.
When it comes to games, penny slot machines were the big winners last month with $30 million in AGP. Dollar slots came in second with $13.4 million in revenue. Dime slots provided the least revenue for the month at $683,679.
Other games offered by Colorado casinos include blackjack and poker.