Colorado Casinos - High Stakes and Long Hours
Colorado casinos will now be providing all night long gambling with higher betting limits.
Longer playing hours and higher stakes will take effect on Thursday. Amendment 50, approved in November, lets voters in several mountain casinos like Black Hawk, Central City and Cripple Creek to decide on expansion of gambling.
According to the decision of voters, betting limits will be increased from $5 to $100, casinos would now be offering craps and roulette in addition to poker, blackjack and slots; Gambling will be allowed 24 hours a day with no stops from 2 a.m. and 8 a.m.
The revenue for the fiscal year 2009-2010 is about to raise by $30.6 million according to state economists.
Fiscal year of 2007-2008 brought approximately $180 million in gambling tax.