Bingo Hoping For A Break In Colorado Vote
Bingo may be about to benefit from the biggest legislative break Colorado has ever seen. Bingo halls will be banking on voter support in November and a dice rolling in favour of Amendment C. Should the chips fall in favour of the amendment, the state’s slumping Bingo industry will finally get to catch a desperately needed break.
Amendment C, which is being sponsored by a bipartisan alliance between urban and rural lawmakers, will permit registered Bingo licence holders to pay game operators and also reduce the actual waiting time for charities applying for a licence from five years, to a significantly reduced three years.
Casinos Hoping To Benefit Also
But Bingo isn’t the only sector hoping on the promise of a legislative lifeline. Colorado’s biggest casinos too, are pushing hard for more control to be voted in by national supporters. If approved, Amendment 77 will give voters resident in the state’s gambling hubs the liberty of the decision to increase the limits currently imposed by the state on maximum slot bets.
Promising too is that a yes-vote will allow casinos to offer to guests more than just slots by adding games such as Blackjack, Poker, Craps, and even Roulette, to their in-house offerings. Locals about to have their say on the bringing in of Amendment 77 include those residents in Cripple Creek, Central City, and Black Hawk.
Colorado voters last got to have their say about the state’s casinos in 2008. During that year’s day at the ballots, voters voted 59 per cent in favour of Amendment 50 – giving residents a say in a motion that would ultimately allow casinos in the three abovementioned gambling towns to remain open for 24 hours every day of the week. The Amendment also saw the maximum bet increased from a meagre $5 to a much more forgiving $100.
What To Expect Of Amendment 77
Significant to note is that the 2008-approved Amendment 50 from then on out generated additional revenue of $10,000 annually. This was split 80/20 between casinos and Colorado’s junior colleges and local Gilpin and Teller counties.
If voted into power, Amendment 77 will apportion all additional revenue created by increased limits, game variety, etc., in a similar fashion. 78 per cent will be allocated to local community colleges, 12 per cent will be for the benefit of Gilpin and Teller, and the remaining 10 per cent will be distributed among the communities of Black Hawk, Cripple Creek, and Central City.