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August 11, 2008
DENVER - Colorado voters will approve or reject a new casino measure in November. The measure to raise betting limits, extend hours, and add games in the state’s 42 casinos has been certified by the Colorado Secretary of State's office, and will appear on the statewide ballot as Amendment 50. If passed, a final and deciding vote will follow in Gilpin and Teller counties, the home counties of Cripple Creek, Black Hawk and Central City casinos. NEW BETTING LIMIT The measure will increase the maximum $5 bet to $100. NEW HOURS The measure will allow casinos to operate 24 hours daily instead of closing at 2am. NEW GAMES The measure will allow casinos to offer roulette and craps games. Currently they can only offer poker, blackjack and slot machines. TAXES The measure will allocate 78% of additional tax revenues to community colleges. The remainder would go to casino towns. The additional tax revenues are estimated to be $5 million a year. Return to Colorado Casinos. |
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