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payout from the casinos, were $754.1 million, and
gaming taxes paid to the state were $104.8 million.
This reflects a decrease of 5.4% in AGP compared
to the FY2010 AGP of $794.9 million and a 2.7%
decline in gaming taxes over the FY2010 taxes of
Black Hawk continues to dominate the Colorado
casino sector with 18 casinos, approximately 8,600
gaming devices, and about 73% of the industry’s
AGP. Cripple Creek has 14 casinos, roughly 4,000
gaming devices, and 18% of AGP, while Central
City has 8 casinos, 2,400 devices, and around 9%
While the gaming industry experienced a very
modest recovery from the recession, it remains
threatened by the Colorado legislature’s continued
attempts to expand gaming to the Front Range,
such as authorizing video lottery terminals, keno
machines, or instant racing wagering machines
at racetracks and other locations. In addition, the
U.S. Department of Interior has relaxed its rules
regarding off-reservation gaming, which may
generate interest among tribes without recognized
reservations in Colorado t...
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This note was uploaded on 02/11/2013 for the course MGMT 231 taught by Professor Yu during the Spring '13 term at Bauder.
- Spring '13
- The Lottery