The Gamblers Voted in Favor of Amendment 50
At the beginning of this year the residents of Black Hawk voted in favor of the Amendment 50 to Colorado state constitution after the residents of other gambling towns did the same. The Colorado Amendment 50 also known as the Limited Gaming Initiative allows to expand the gambling business in three towns: Central City, Black Hawk, and Cripple Creek.Â This means that now the casinos have chance to increase the maximum betting limits at most games from $5 to $100 and start blackjack, craps and roulette games that have been banned before. In addition, the gaming revenues will open their doors for visitors 24 hours a day.
The owners of the casinos are sure that new legislation will help to allay the effects of the casino smoking ban and financial crisis. The casinos are planned to meet the changes in July, 2009 which are expected to increase the gaming tax revenue in the mentioned towns. In addition, it will allow most of the casinos to update their old gaming facilities that was impossible before because of the low budget.
The managers of the biggest casinos in Black Hawk say that they will surely benefit from the Amendment 50. They are going to open several blackjack and roulette tables that are considered to be the most popular and can bring a great profit by the end of the summer. This will attract more visitors who can afford to wager big sums.