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Helen H. State gambling laws require operators to pay out at least 80 percent of total bets on slots. Payback percentages on slots increased or remained flat for 10 straight years until , when a decline began that has accelerated over the past three years. The payout rates on Colorado casino slots are at their lowest levels in 15 years. Now more than ever, your support is critical to help us keep our community informed about the evolving coronavirus pandemic and the impact it is having locally. Donate For tax deductible donations, click here. Support Local Journalism Donate. As times get tight, so do the slots at Colorado casinos News News. Trending - News. In , casinos paid out 93 percent of total slot wagers, down from a peak of That 1. Your financial contribution supports our efforts to deliver quality, locally relevant journalism. Vail Resorts reports a rough spring, summer optimism.

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Industry officials attribute the lower payouts to the proliferation of penny slots, which are programmed to hold more for the house than quarter and dollar machines.

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