Wednesday, October 7, 2020

Amendment 77 – Allow Gambling Town Voters to Expand Gaming and Increase Bet Limits

Voters can pass the measure with a simple majority because the constitutional changes proposed in Amendment 77 are to repeal the following 12 words:
   “to include roulette or craps or both”
   “up to one hundred dollars”
The statutory changes proposed in Amendment 77 permit voters in the gaming towns to determine a new maximum bet limit and to add new casino games.

Amendment 50, passed by voters in 2008, increased the bet limit from $5 to $100. The increased tax revenue associated with the changed bet limit was dedicated to several purposes with a SMALL portion of the increased tax revenue divided as follows:
   78% to community colleges
   12% to the gaming towns’ counties
   10% to the gaming towns
Any increased bet revenue would continue to be distributed according to the existing formula. Amendment 77 also expands the allowable uses of the community college portion to include programs to improve student retention and increase credential completion.

The gaming towns listed in the CO constitution are Central (City), Black Hawk and Cripple Creek.

Prop DD, passed by voters in 2019, legalized sports betting online and in casinos.

Recommendation: leaning yes/leaning for

Taking out gambling details from the constitution makes sense. Not putting any restrictions in statute might be a mistake, but if gaming towns abuse their “local choice,” the legislature can wrest control back from the local voters. If we could guarantee that the legislature would appropriately monitor and correct the gambling situation as appropriate, I would make a stronger positive recommendation.

Colorado won’t turn into a Nevada as long as state-sanctioned casinos are restricted to the 3 gaming towns, but gambling addictions do affect the wider community. The gaming counties and towns receive busloads of visitors who go home after gambling but leave 22% of a small portion of gaming tax revenue behind.

The proponents point out that the only other state with an individual bet limit is South Dakota. Its state-sanctioned (not Native American) casinos are in the town of Deadwood, where the maximum bet for most casinos remains at $100, despite a change in 2012 to allow $1000 bets. The reason: Few Deadwoods casinos have met the surveillance and cash requirements in order to accept the higher bets.

Website for the Yes side – Local Choice Colorado
https://localchoicecolorado.com/

Website for the No side
No known website – Info on an opponents’ website appreciated.


Approved Ballot Language

Amendment 77 (CONSTITUTIONAL)

Shall there be an amendment to the Colorado constitution and a change to the Colorado Revised Statutes concerning voter-approved changes to limited gaming, and, in connection therewith, allowing the voters of Central City, Black Hawk, and Cripple Creek, for their individual cities, to approve other games in addition to those currently allowed and increase a maximum single bet to any amount; and allowing gaming tax revenue to be used for support services to improve student retention and credential completion by students enrolled in community colleges?

YES/FOR ____
NO/AGAINST ____

Amendment 77 initiative language filed with the Secretary of State
https://www.sos.state.co.us/pubs/elections/Initiatives/titleBoard/filings/2019-2020/257Final.pdf

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