Colorado group looking to do away with current casino betting limits

Casino News

In the western American state of Colorado and a group of gambling proponents has reportedly launched a campaign that is seeking to do away with the jurisdiction’s current $100 maximum betting limit.

According to a Wednesday report from CardPlayer.com, an organization calling itself Local Choice Colorado has vowed to collect up to 200,000 signatures so as to be able to place their revocation measure before voters via the upcoming November election ballot. The source detailed that supporters believe doing away with the current prohibition would allow the 33 casinos in ‘The Centennial State’ to become more competitive on a national scale and consequently increase their attractiveness to tourists.

Excess ambition:

CardPlayer.com reported that the anti-limit campaign only officially requires the signatures of 124,632 registered voters in order to get its referendum placed before Colorado’s electorate, However, the source explained that Local Choice Colorado is keen on collecting a large surplus so as to counter issues such as false names and support from non-registered backers.

Prominent patrons:

The initiative has already reportedly garnered the support of the former mayor for the casino-friendly town of Cripple Creek, Bruce Brown, as well as Bill Cadman, the last Republican leader of the Colorado State Senate. Should it make it onto this year’s ballot and subsequently be approved by voters, the measure would allow local communities to decide for themselves whether to impose betting limits and what such constraints should entail.

Earlier expansions:

Colorado last passed such a measure twelve years ago when Initiative 50 raised local casinos’ maximum wagering limits from $5 to $100 while moreover permitting such venues to increase their range of games. Voters in the western state moreover narrowly approved Proposition DD in November of 2019 to legalize sportsbetting including those services offered online and via mobile devices.









Articles You May Like

Chris Moorman Reaches Second Straight WPT World Championship Final Table
Paris Gaming Clubs Face Closure Amid Political Turmoil and Budget Uncertainty
Curaçao Approves Landmark Online Gambling Reforms Amid Growing Controversies
Which Newcomer Is Taking Poker’s High Roller Scene by Storm?
US Gambling Industry Continues Growth

Leave a Reply

Your email address will not be published. Required fields are marked *