Colrado Gambling

Colorado raised the limits from $5 to $100 over a year ago. Here is the average result for the past 9 months. Have no idea
what is good or bad about them. Just posting the numbers for Blackhawk. Central City and Cripple Creek pale in comparison.

BJ 80 tables Hold 15% Drop $747

PB PKR 56 tables Drop $762

HB PKR 24 tables Hold 24% Drop $875

Roulette 14 tables Hold 25% Drop $1150

CRAPS 17 tables Hold 20% Drop $1732

Awaiting any input as to how this relates to almost every casino expect Ameristar being in some form of bankruptcy last year.

For the slot players Blackhawk has 8,777 slot machines of which 4,777 are penny slots .
Average daily drop is $153.

Do you have a source for these figures?

What's the drop, the average profit per day? So when I blow out at a craps table after an $800 buy-in, that's nearly half the table's profit?

Quote: buzzpaff

PB PKR 56 tables Drop $762
HB PKR 24 tables Hold 24% Drop $875

It took me a minute or so to figure out what "PB" and "HB" are. Once I figured it out, it was obvious why "PB" has no hold listed.

FYI
PB - Player Banked. Poker room. Real poker with a rake.
HB - House Banked. Poker style table games with a house edge.

I am computer illiterate. Google is my only salvation. Colorado Department of Revenue, then select industry statistics. Maybe somebody else can post a link on this thread, But sadly, not me.

Pacomartin stated his belief than any craps table with less than !,00 daily drop should be gone. Hard to argue with that logic,

Unfortunately figures are not broken down by casinos. Will try and see who is busy and who will be next to fold their tent on my upcoming visit to Blackhawk and Central City !

Quote: buzzpaff

Unfortunately figures are not broken down by casinos. Will try and see who is busy and who will be next to fold their tent on my upcoming visit to Blackhawk and Central City !

I think the strong hands are the Lodge, Ameristar and Lady Luck/Isle. The weak hands are the Canyon, Gilpin (meaning the owners may keep the Lodge open and close Gilpin), Bullwhackers and most of the Central City properties. Planning to go up there in a couple days myself.

Good Luck. Report back your opinion and observations, please

Gaming Division reports are here.

Revenues were up slightly year-over-year in March, down slightly in February. I wouldn't put too much stock in any single month's numbers, especially in winter, when one snowstorm can kill the entire month.