Black Hawk, a mountain town west of Golden, booked 69% of the state gaming revenues. Cripple Creek, south of Colorado Springs, took in 21.6% of the revenues with its 18 casinos. And Central City, adjacent to Black Hawk, had 9.4% of the revenues with its five casinos.
Revenues are measured in adjusted gross proceeds, which is the amount wagered less payouts by casinos.
Meanwhile, limited-stakes gaming generated $84.1 million in taxes and fees in Colorado in fiscal 2001, compared with $71.6 million in fiscal 2000. The casinos posted $650.5 million in adjusted gross proceeds in fiscal 2001, up from $595 million in 2000.
Taxes and fees generated by the casinos are used for historic preservation, local governments and the state.
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