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DENVER-Colorado casino revenues rose to $59.6 million in November, an11.8% increase from the $53.3 million in adjusted gross proceeds generated in November 2004. However, revenues were down 6.9% from October, when revenues hit almost $64 million, according to the latest report by the Colorado Department of Revenue. Adjusted gross proceeds equals the amount wagered by bettors less payouts from casinos.

Black Hawk’s 21 casinos reported $42.8 million in adjusted gross proceeds in November, down from $45.5 million in October, but up from the $38.6 million in November 2004. Cripple Creek’s 19 casinos totaled $11.2 million in adjusted gross proceeds in November, down from $12.7 million in October, but up from $10 million in November 2004.

Central Park’s six casinos produced $5.5 million in adjusted gross proceeds in November, down from $5.6 million in October, but up from the $.5 million in November 2004. Despite the monthly decrease in adjusted gross proceeds, casinos paid $8.9 million in gaming taxes in November, up from almost $48.7 million paid in October.

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