Colorado Casinos Down 14.9% Month-over-Month in January
Colorado is home to many of our best sports betting sites, but as it doesn't have a legal real-money online casino market, brick-and-mortar operations rule the roost.
The Colorado Department of Revenue has announced revenue for its land-based casinos, which produced over $80.8 million in total assorted gross profit (AGP) and $14.2 million in gaming taxes. That figure represents a 14.9% decrease month-over-month from December.
Black Hawk Casino yielded the highest amount in January, generating $62.4 million in AGP. It was followed by Central City Casino and Cripple Creek Casino, which yielded $5.6 and $12.7 million, respectively.
All three casinos have reported a decrease in AGP compared to December, with Cripple Creek reporting the most significant percentage difference with an 18.98% month-over-month decline in revenue.
| Casino | January 2025 AGP | December 2024 AGP | Percentage difference |
|---|---|---|---|
| Black Hawk | $ 62,498,662.01 | $ 72,901,915.58 | -14.27% |
| Central City | $ 5,645,481.69 | $ 6,372,619.29 | -11.41% |
| Cripple Creek | $ 12,732,938.83 | $ 15,715,702.81 | -18.98% |
| Total | $ 80,877,082.53 | $ 94,990,237.68 | -14.86% |
Breakdown of slots and table games
The majority of the reported revenue comes from slot games, with Black Hawk reporting $49 million, Cripple Creek reporting $11.9 million, and Central City reporting $5.4 million.
Compared to December’s reported slot revenue, the reported decrease in revenue mirrors that of the decline in AGP: Black Hawk has reported a reduction of 17.16%, Central City a decrease of 11.45%, and Cripple Creek a drop of 18.91%.
Revenue from table games has remained comparatively steady for Black Hawk and Central City, which have reported a percentage difference of only -1.77% and -10.75%, respectively, between January’s revenue and December’s revenue.
Cripple Creek also reported a percentage decrease in table games revenue of 20.4%, dropping from $0.9 million in December to $0.7 million in January.
| Casino | January 2025 Slots | December 2024 Slots | January 2025 Table Games | December 2024 Table Games |
|---|---|---|---|---|
| Black Hawk | $ 49,018,393.17 | $ 59,175,626.04 | $ 13,472,027.84 | $ 13,714,911.29 |
| Central City | $ 5,497,204.02 | $ 6,208,357.49 | $ 146,527.31 | $ 164,179.25 |
| Cripple Creek | $ 11,959,801.63 | $ 14,748,845.50 | $ 773,137.20 | $ 966,857.31 |
| Total | $ 66,475,398.82 | $ 80,132,829.03 | $ 14,391,692.35 | $ 14,845,947.85 |
Record-breaking Super Bowl
Despite casino revenue being down, bettors in the Centennial State appear to have had a record-breaking Super Bowl LIX, with $48 million wagered on the game.
According to the Colorado Division of Gaming, the total handle for the game was $48,273,381, with 97% of that total bet online. There is a rising trend of people engaging in Super Bowl wagering. This year, the total handle was up 4% from 2024, when it was $46.4 million.
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