Colorado casinos support
raising the $5 wager limit

Dec 25, 2006 6:12 AM

Some Colorado’s casino-industry would like to raise betting limits in the state’s casinos, as well as add new table games and extend gambling hours, according to a story in the Denver Post.

Those issues were discussed in a meeting with U.S Sen. Ken Salazar and state Senate President Joan Fitz-Gerald.

About 30 casino executives attended the meeting, which was held in Black Hawk, according to Lois Rice, executive director of the Colorado Gaming Association.

Colorado is the only gambling venue in the country that has a $5 bet limit. Casinos can offer only poker, blackjack and slot machines and must close at 2 a.m. Gambling is allowed only in three mountain towns — Black Hawk, Central City and Cripple Creek.

The Denver Post reported that the industry is considering a ballot initiative for the November 2008 election to raise the stakes, extend hours and increase the number of games.

The casino association, which represents 19 of the state’s 46 casinos, will poll its members at its meeting in January to see if there is a consensus for a campaign.