RubinBrown Gaming Stats 2011

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The total revenue for Cripple Creek casinos suffered in 2010 due to the closing of two properties, Gold Rush and Imperial Casino Hotel. Black Hawk and Central City improved their revenues, in part due to the opening of a new casino, Johnny Z’s, in Central City, and the enactment of Amendment 50. allowed the maximum bet at Colorado casinos to be raised from $5 to $100. The amendment also allowed casinos to include additional table games, such as craps and roulette, along with the permitting properties to remain open 24 hours a day. The new maximum bets and extended operating hours went into effect on July 2, 2009. With 2010 being the first full year of the amendment’s enactment, casino revenue increased Amendment 50 was passed by Colorado voters in 2009, which

Adjusted Gross Proceeds by Region

$600M

$400M

$200M

Black Hawk

Central City

Cripple Creek

2008

2009

2010

Table Games Adjusted Gross Proceeds by Region

$70M

3.4% in 2010, compared to 2009 revenues, in spite of the country’s recession.

$47M

$23M