Black Hawk, the state’s largest gaming market, delivered $73.9 million in September revenue and once again accounted for the overwhelming majority of statewide AGP. The market was supported by gains across both major gaming segments. Slot machine revenue in Black Hawk reached $60.2 million, up 4.3% year over year, while table games generated $13.7 million, an increase of 5.4%.
The performance continues a broader pattern of slot-led growth across Colorado. In recent monthly reports, slot play has consistently outpaced table games, and September’s figures reinforce that trend as operators continue to invest in expanded gaming floors and hotel amenities following the voter-approved expansion of gaming under Amendment 77 in 2020.
Cripple Creek recorded the second-highest revenue among the state’s three gaming cities, contributing the remainder of the statewide total. Central City, however, moved in the opposite direction. The market’s revenue fell 6.2% year over year to $6.2 million, with slots declining 5.5% to $6.1 million and table games dropping 32.6% to approximately $114,300.
The divergence between Black Hawk and Central City highlights the competitive imbalance that has defined Colorado’s gaming landscape in recent years. Black Hawk’s larger resort properties and proximity to the Denver metropolitan area have continued to draw the majority of visitation, while smaller markets have faced persistent pressure.
September’s results arrive following a milestone for the industry. In August, the Colorado Division of Gaming reported that limited gaming set a tax revenue record of more than $185 million for Fiscal Year 2026, which ended June 30. Gaming taxes collected on AGP fund a range of public purposes, including historic preservation through the State Historical Fund, as well as local government services in the three gaming communities and statewide infrastructure programs.
Under Colorado’s tiered tax structure, operators pay a maximum of 40% of adjusted gross proceeds to the state, with rates scaling based on revenue levels.
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