Friday, May 16, 2008

Cripple Creek casino revenue plunges again

Colorado casino revenues in April fell for the fourth straight month since the smoking ban took effect in January, dropping 7.1 percent from March and down 12.5 percent from April, 2007.

It was the second-biggest year-to-year decrease ever, behind March.

In Cripple Creek, revenue fell 6.4 percent to $10.7 million in April, off 13.3 percent from April, 2007.

Cripple Creek casinos have brought in a total of $42.6 million in 2008, off 14.7 percent from this point in 2007.


BigToots said...

Are you trying to say that business in Cripple Creek is down due to the ban on smoking? I understand that business is down in Vegas as well.
Perhaps gamblers don't have as much discretionary income as they used too. Maybe the CC casinos need to changes their marketing strategies. I could think of a lot of things they could do but I don't work for an advertising agency and doubt that anyone would care what I have to say.
I used to go to CC quite a lot & I would still go even though I invariably wind up contributing to the economy rather than increasing my net worth. BUT as a single senior citizen I more or less feel invisible and would like to have more fun for my $$$.

Anonymous said...

What did you think would happen????
Now we will get taxed higher because the casino revenues are down---da