Colorado casinos revenues up 7%
From July to October, adjusted gross proceeds, or wagers less payouts, at Colorado's casinos reached $281.7 million.
That is up 7 percent from the $262.1 million collected in the same period last year and represents the best start to a fiscal year since 2007. Back then, casinos reported $287.4 million in adjusted gross proceeds over the same span.
The share of those wagers collected in taxes is $27.5 million, up 11 percent from the $24.9 million collected in the same period last year and ahead of the $26.8 million in taxes back in 2007.
"The industry is just building on the strong numbers we had this summer going into fall," said Lois Rice, executive director of the Colorado Gaming Association, whose members control more than three-quarters of the state's gaming devices.
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