Casinos Heavily Back Gambling Initiative
This article was posted in the Rocky Mountain News regarding Casino support for the initiative to increase the betting limit in Colorado to $100. Below are some excerpts from this article:
A proposed ballot initiative that would allow gambling cities in Colorado to raise betting limits, extend casino hours and add games is getting financial support from some of the state’s larger casinos.
Under the measure, any additional gambling proceeds that would result from the changes would go primarily to fund community colleges, with a small percentage going back to the communities affected by gambling.
Coloradans for Sensible Solutions, which is backing Initiative 121, has received $3.1 million of contributions and reported spending less than $195,000.
The biggest contributor so far has been the Isle of Capri Casino in Black Hawk, which gave $1.5 million, followed by Ameristar Casino, also in Black Hawk, which contributed $700,000.
Other gambling houses gave smaller amounts: Colorado Casino Resorts Inc. in Colorado Springs donated $140,000, and the Wild Card Saloon in Black Hawk put in $88,000.
“The overwhelming majority of the casinos do support this,” said Katy Atkinson, spokeswoman for Coloradans for Sensible Solutions.
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