Central City has become the last Colorado town to liberalize its betting rules. From the Denver Post:
This gambling town Tuesday became the third and final town in Colorado to expand gambling.
By a vote of 212 to 16, with nine provisional votes to be counted today, residents agreed to expand the maximum bet in casinos from $5 to $100, and allow craps, roulette and 24-hours-a-day gambling.
Amendment 50, passed by the state's voters last year, allowed the gambling towns to vote on raising the stakes.
The changes take effect after July 1, according to state law.
The vote comes as revenues from gambling have been on the decline.
The state's community colleges will receive more than three-quarters of the new gaming tax revenue to spend on financial aid and classroom instruction.
Colorado's other two gambling towns, Cripple Creek and Black Hawk, already approved the expanded gambling.
That’s certainly not surprising, but whether this increases visitation as well as revenues remains to be seen.