Tag Archives: Colorado
US – RCI buys Colorado building for future Rick’s Cabaret Steakhouse & Casino
RCI Hospitality Holdings has bought a four-story, 30,000 square-foot building in the heart of the downtown gaming district in historic Central City, CO, one of only three cities in the state where casino gambling is legal. The 130 Main Street location was acquired from the city for $2.4m in cash. RCI subsidiaries plan to open a Rick’s Cabaret…
US – Colorado sports betting falls from last month but soars 46 per cent from May 2021
The Colorado Division of Gaming have released the May 2022 monthly sports betting figures, which saw betting volumes dip from month to month but soar compared to last year’s figures. The total handle for May 2022 was $360,325,438, an 8.2 per cent decrease from the total handle of the prior month, April 2022, of $392,311,737….
US – Colorado sports betting falls in April
The Colorado Division of Gaming has confirmed that sports betting fell in April 2022, with a total handle of $392.3m, marking a 22.4 per cent decrease from March, when the state perceived a total of $505.6m. However, in a year-over-year comparison, April showed a 60.5 per cent increase in handle. Colorado is now less than $88m away from reaching the $2bn handle mark for 2022, a total that took…
US – Colorado sportsbooks enjoy $500m December
Colorado sportsbooks ended 2021 on a roll, with monthly wagering in December approaching $500m for the third consecutive month even as it slowed from October’s and November’s high-water marks. December’s brisk pace was the final chapter in a year that generated $250m in revenue on nearly $4bn in wagers, making Colorado the sixth largest state…
US – Colorado sportsbooks set new revenue record in November
Colorado sportsbooks posted record revenue in November, yielding nearly $2m in taxes for the state, even as the $475m handle fell short of October’s all-time high. November’s results in Colorado further strengthened a historic surge of sports betting across the US, even as one fewer weekend than October meant fewer football games to wager on,…
US – Colorado Sportsbooks set fresh handle and revenue records
Colorado fell just short of becoming the fifth US state to generate $500m in legal sports wagers in a single month in October with yet another surge in betting. The $491m in wagers marked the second consecutive monthly handle record and produced a record high in revenue, giving Colorado its most lucrative month since launching in 2000, according to PlayColorado, which tracks…
US – Full House up 12.6 per cent in third quarter
Full House Resorts, operator of casinos in Mississippi, Colorado, Indiana and Nevada, generated revenues in the third quarter of 2021 of $47.2m, a 12.6 per cent increase from $42m in the prior-year period. Both periods reflect a full quarter of reopened operations, as all of the company’s properties reopened by June 2020 after closing in…
US – Colorado sportsbooks shatter record with first $400m month
Bettors poured a record $408m into Colorado’s online and retail sportsbooks in September, as a hot start by the Denver Broncos and a full month of college football fueled a massive spike in action. September’s results marked the 10th time in 17 months of sports betting that the state’s sportsbooks have posted a record high handle, proof that the…
US – Monarch reports another record quarter as Colorado, Denver and Reno rebound
Monarch Casino Resort , owner of casinos in Colorado, Denver and Reno, reported another record quarter in the third quarter, generating net revenue of $111.6m, an increase of 86.5 per cent from $59.9m in the prior-year quarter. Casino, food and beverage (F&B), and hotel revenues increased 71.4 per cent, 102.3 per cent and 162.2 per…