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CENTRAL CITY, — Colorado casinos are getting ready to raise betting limits, add games and take wagers all night long.
The expanded hours and higher limits take effect Thursday. State voters approved Amendment 50 in November, letting voters in the mountain casino towns of Cripple Creek, Central City and Black Hawk decide whether to expand gambling.
Voters in all three agreed to boost betting limits from $5 to $100, add craps and roulette to existing offerings of poker, blackjack and slots, and allow gambling 24 hours a day instead of stopping between 2 a.m. and 8 a.m.
Economists for the state Legislature predict the changes will produce $30.6 million in revenue in fiscal 2009-2010.
Casinos collected $180 million in gambling tax revenue in fiscal 2007-2008.
The expanded hours and higher limits take effect Thursday. State voters approved Amendment 50 in November, letting voters in the mountain casino towns of Cripple Creek, Central City and Black Hawk decide whether to expand gambling.
Voters in all three agreed to boost betting limits from $5 to $100, add craps and roulette to existing offerings of poker, blackjack and slots, and allow gambling 24 hours a day instead of stopping between 2 a.m. and 8 a.m.
Economists for the state Legislature predict the changes will produce $30.6 million in revenue in fiscal 2009-2010.
Casinos collected $180 million in gambling tax revenue in fiscal 2007-2008.
