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Gambling Towns Schedule Votes On Expanding Gaming
POSTED: 12:24 pm MST November 15,
2008
DENVER -- Colorado's three gambling towns are scheduling elections on whether to expand gaming now that voters statewide have passed Amendment 50. Amendment 50 gives voters in Central City, Black Hawk and Cripple Creek the power to decide whether to raise bet limits, add games and stay open all night. Cripple Creek will hold the first election on Dec. 16. Black Hawk residents will vote on Jan. 13 on whether to allow casinos to raise the bet limit from $5 to $100, add craps and roulette ands stay open 24 hours.
Central City is expected to hold its election in February or March.
Casinos Reported Revenue Loss After Smoking Ban
Colorado casinos reported in June that revenue fell 10.7 percent during the beginning of 2008, the worst drop in the industry's history The industry and gamblers are blaming the state's new smoking ban as well as high gas prices. Others blame the overall soft economy. An analysis by The Denver Post shows that the 10.7 drop in revenue between January and April this year is the second-largest drop among gaming states. Only Illinois saw a bigger drop in revenue. Like Colorado, it banned smoking inside casinos starting in January. Sales of lottery tickets including Powerball, meanwhile, rose 9.8 percent during the first four months of 2008 compared with the same period last year. "The industry is experiencing its version of the perfect storm," said Don Burmania, a spokesman for the Colorado Division of Gaming. "How much each factor has contributed to the decline is difficult, if not impossible, to quantify." Marc Murphy, co-general manager of Bronco Billy's Casino in Cripple Creek, blames the casino smoking ban for 75 percent of the latest downturn. He said he has cut about a dozen positions since the beginning of the year. Stephanie Steinberg, who pushed for the smoking ban to be expanded to casinos, thinks the recession is more to blame. She said casino revenue in Las Vegas, where smoking is allowed, has also dropped. Gamblers said the smoking ban and gas prices have caused them to scale back trips to the three historic mountain towns where gambling is allowed -- Cripple Creek, Black Hawk and Central City. "I used to come up here once every week. Now it's once every three months or so," said Julie Romero, 60, during a smoking break outside the Isle of Capri. "I just like to smoke while I play the machines." Paul Williams, 48, of Denver, said he used to go to casinos twice a week but now he only goes tree times a month. "It's the gas prices," he said. "The gas prices are affecting everything." The gambling industry is backing a ballot initiative that could boost business by opening the door to higher bet limits and 24-hour gambling. Casinos hope to put the issue before voters in the fall's election.Many Colorado casinos opposed the smoking ban, which went into effect in January this year.At the time, some gamers told 7NEWS they would stop coming when the ban took effect."I think it's a nice punishment for all us terrible smokers, putting us outside where we're going to get pneumonia and die," said Glenna Hess.Proponents of the ban say it protects the health of the public.
Previous Stories:
- November 9, 2008: Casinos Hope New Bet Limits Will Fix Their Slump
- November 1, 2008: Cripple Creek Casino Closes; 62 Lose Jobs
- October 7, 2008: Amendment 50 Debates Betting Limits At Casinos
- June 30, 2008: New Laws Start July 1
- June 8, 2008: Colorado Casino Revenue Down 10.7 Percent
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