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September 29, 2020

Voters approved the measure designed to increase state tax revenue

US: Colorado casinos get expanded gambling from voters

(US).- Colorado voters passed a resolution allowing for the possibility of expanded gambling last week. The three state gambling towns will have the opportunity to add craps and roulette to their game selection, raise maximum bets from us$ 5 to us$ 100, and expand hours of operation.

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oters approved the measure designed to increase state tax revenue. Over three-quarters of additional state income from the casinos is earmarked for state colleges.

The passage of the amendment now gives the residents of Cripple Creek, Black Hawk, and Central City the opportunity to vote on allowing each town’s casinos to enjoy the new looser gambling restrictions. All three locations are expected to approve the changes.

Supporters of the new law say that the previous restrictions were the tightest in the United States. The changes allow the casinos to operate from a far superior competitive position than previously.

They also point out that there is no increase in the spread of casinos or gambling throughout the state, but simply refinement of existing gambling.

Opponents such as Chad Hills of Focus on the Family had preached of the possible social costs and dangers, but voters did not agree, passing Amendment 50 with over 58% approval.

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