Colorado Votes To Allow Cities To Raise $100 Max Bet

Voters in Colorado handed Amendment 77 Tuesday, which is able to permit the three cities which home the state’s business casinos to alter the utmost guess allowed without having a statewide vote.

Residents of Black Hawk, Central City and Cripple Creek will be capable of elevate or decrease the present $100 most guess in place at Colorado’s 33 casinos. According to a report from the Denver Post, the initiative may even let the cities use tax income derived from playing income for the local people faculties.

The measure handed with almost 60 % of the vote and amended the state structure to permit the cities to take management of the casinos.

Gambling proponents within the state gathered greater than 200,000 signatures final July to get the problem on the poll this election cycle. It had help from former Colorado Senate President Bill Cadman and former Cripple Creek Mayor Bruce Brown.

“We appreciate that Coloradans supported our town’s right to determine our future so we can improve economic opportunities for the people who work and live here,” Brown informed the Post. “Things won’t change overnight, but I believe this will help us get back on our feet.”

With the present guidelines surrounding the utmost bets, Colorado poker rooms are unable to unfold true no-limit maintain’em money video games. Most are technically thought-about unfold restrict video games with a max guess of $100.

Unless one of many cities opts to take away the max guess totally, that may keep the identical, however the group that collected the signatures final summer time believes that the cities will decide to boost the boundaries, which might make a few of the small-stakes video games operate as no-limit, relying on what the restrict is raised to.