Colorado players bet over $942m in January – but less than last January
Gambling during January fell by 5.8% from the previous month.
The Colorado Division of Gaming has published its limited gaming figures for the month of January. The division is part of the state’s Department of Revenue.
During the month of January, the state brought in more than $942m in wagers. However, activity was down by 5.8% when compared to results in December and by 2.8% year-over-year.
Adjusted gross proceeds (AGP) from Colorado’s slots during the month of January also fell when compared to December’s total. Colorado reported almost $70.7m in slot APG for the month, down 8.2% from December’s results.
But January’s slot AGP rose by 2% year-over-year.
Table games in January followed a similar trend to slots, with a decrease in AGP of 8.2% when compared to the previous month.
January’s total AGP from table games reached $14.5m. Table games AGP year-over-year climbed by 3.3%.
The state’s total AGP reached close to $85.2m during the month, reflecting a decrease of 8.2% from December’s result and a 2.2% boost when compared to the total AGP from one year ago.
During January, the state contributed more than $14.6m in taxes.
In other state news, the Colorado Division of Gaming recently launched a statewide self-exclusion program. Colorado players can now register to be excluded from the state’s regulated gaming market.
Prior to this launch, the responsibility of registering individuals for gambling exclusion fell solely on the Problem Gambling Coalition of Colorado (PGCC). The organization also managed the list.
The organization explained the program in more detail in a statement by saying, “A person may voluntarily apply to be self-excluded from gaming in Colorado.
“Individual self-exclusion means that an individual has made a conscious voluntary effort to exclude themselves from all forms of gaming under the regulatory purview of the Colorado Limited Gaming Control Commission and the Colorado Division of Gaming, including gambling at casinos and placing sports wagers at on-site and online sportsbooks.”
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