The end of Colorado’s successful fiscal year in June 2024 set a record by ending on $93.2 million in adjusted gross revenue, and 2025 seems to be no different. After the Colorado Division of Gaming released the latest figures for May 2025, there was a clear 0.6% increase from May 2024. Of course, these significant numbers are a contribution of large players such as Black Hawk, Central City, and Cripple Creek casinos. Beyond gambling, this also represents the substantial tax revenue flowing back into the state to benefit local and broader Colorado communities.
Naturally, iGaming platforms have also gained immense popularity in Colorado (as with many other US states), another active revenue contributor. A good example would be the convenience and ease of access that come with Telegram crypto casinos, which appeal to bettors. Not only do players receive excellent packages and bonuses, but they can also play thousands of exciting games within the Telegram app. One of the key takeaways in this phenomenon is the increased interaction with online gambling sites that depend on punter traffic and generate significant profits.
To delve deeper into Colorado’s impressive financial performance for 2025 so far, the figures seem to have already surpassed the total brought in for the 2024 fiscal year. As of May 2025 (with the metrics released late June 2025), the adjusted gross proceeds (AGP) stand at $99.8 million. When breaking this amount down, the combined slots AGP comes to a total of $85.2 million, which, compared to May 2024’s $85 million, shows a 0.3% increase. While this is a small growth, it is growth nonetheless and acts as a positive indicator of how well Colorado’s gambling sector is doing. In fact, a much more significant increase would be the combined AGP for table games, which is a whopping $14.6 million for the year so far. 
May 2024 brought in $14.2 million, showcasing a 2.4% YOY (Year-Over-Year) increase with baccarat, blackjack, and craps being the main contributors. Overall, this fiscal year (which started on 1 July 2024) has seen nothing but positive trends and has shown a consistent upward trajectory. While concerns about emerging iGaming platforms being bad for business have surfaced, these figures highlight that traditional casinos are thriving. Even more, the steady growth of this sector marks brick-and-mortar casinos as a reliable revenue source in Colorado, which can be safely dubbed a healthy sector.
Of course, this now begs the question of how these Colorado casinos have managed to sustain this ongoing success, and the answer is simple: Amendment 77. Approved by Colorado voters in 2020, this change removed $100 single bet limits, which opened up a goldmine of opportunity for local casinos. For one, these brick-and-mortar casinos could modernize their gaming selection, offering players access to table games such as roulette and baccarat. This would include locations in Black Hawk, Central City, and Cripple Creek, which meant there was an appeal to a broader demographic of punters. Naturally, more players mean higher wagers, a sustained customer demand, and, in turn, a boost in overall revenue. 
Many will be pleased to find that this increased revenue directly impacts Colorado communities (in a positive way, of course). An example of this is how a significant portion (estimated at 70%+) goes towards the state’s community colleges, offering students financial aid and vocational program funding. Even more, there are contributions toward these gambling cities wherein the allocations are used to better the overall infrastructure and other regional services. Most importantly, however, are the contributions toward the State Historical Fund (to preserve Colorado’s heritage) and the State General Fund, which supports wider services. To conclude, this strong YOY growth showcases how traditional casinos are more than just gambling; they are also a growing economic pillar.
