Snowball Hits Casinos

DENVER-The March snowstorm that dumped buckets of snow on the Denver area lead to empty buckets at area casinos as March numbers show a 10% drop in revenues.

By John Rebchook | April 22, 2003 at 01:01 AM

Casinos reported $57 million in adjusted gross revenues, compared with $63.5 million in March 2003.The adjusted growth is the difference between the money wagered and what casinos paid out.

Black Hawk's 21 casinos accounted for $40.8 million of the adjusted gross proceeds. The adjacent Central City's five casinos recorded $4.2 million, and Cripple Creek, with 17 casinos, generated $11.9 million in adjusted gross proceeds.

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