Colorado casino revenue rises by 2 percent in December year-over-year

Monday, January 27, 2025 10:16 AM
Photo:  By Jeffrey Beall - Own work, CC BY-SA 3.0, Link
  • Charlotte Capewell, Special to CDC Gaming

Colorado casinos brought in $94.9 million in assorted gross profit in December, as well as $16.1 million in gaming revenue. Compared to December 2023, AGP has rose by 2.3 percent statewide from $92.8 million and gaming revenue increased by 2 percent from $15.7 million.

According to the Colorado Department of Revenue report, slots generated $80.1 million from the statewide AGP last month, a $3 million increase from the $77 million reported in December 2023. Likewise, table games produced $14.8 million AGP in December, a decline of nearly $1 million from $15.8 million last year.

Blackjack tables generated the highest AGP out of the reported table games, reaching more than $4.6 million in AGP. This was followed by baccarat tables, which produced more than $3 million in AGP.

Black Hawk Casino reported the highest AGP for December, practically matching last year’s figures. The casino generated $72.9 million AGP, a decline of 0.007 percent, and $13.4 million in gaming revenue, a similar year-over-year decrease of 0.004 percent.

Central City Casino reported a similar decline in gaming revenue, decreasing by $41,859 to $782,375, but it reported a rise in AGP from $6.32 million in December 2023 to $6.37 million last month.

Cripple Creek Casino had increases all-around, producing $15.7 million AGP, a rise from $13.5 million last year, and $1.9 million in gaming revenue, increasing from $1.5 million.

The rise in gaming revenue for December can go hand-in-hand with an increase in foot traffic reported at Colorado casinos near the end of the year, a 4 percent year-on-year increase projected to continue into the new year.

Charlotte Capewell brings her passion for storytelling and expertise in writing, researching, and the gambling industry to every article she writes. Her specialties include the US gambling industry, regulator legislation, igaming, and more. As a fan of all things F1-related, she roots for her favorite team, Aston Martin, every race weekend. Charlotte also follows motorsport news closely and is keen to write about the latest news in the sports betting industry.