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Casinos Push For Longer Hours, Bigger Bets

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Nov 26, 2008 8:41 am US/Mountain

Casinos Push For Longer Hours, Bigger Bets

Reporting
Terry Jessup
CENTRAL CITY, Colo. (CBS4) ― Cripple Creek will be the first Colorado gambling town on Dec. 16 to hold a vote on whether to expand bets and hours after a statewide ballot measure passed in November. Black Hawk votes in January and Central City goes to the polls in February or early March.

Each town will be allowed to set up its own rules under the plan, but basically they're looking at raising the betting limit from $5 to $100, staying open virtually around the clock, and adding the games of craps and roulette.

The move comes 18 years after gambling was legalized in some Colorado towns.

The idea behind the proposals is to give Colorado's casinos a stronger hand to compete with gamblers who now take money and chances to Las Vegas.

"We'll be busier, people will come up here instead of going on to Vegas you know and keep it all up here," said Kat Gibbons, a casino employee.

The amendment to approve the votes on higher limits and longer hours passed in Gilpin County by about 70 percent.

High gas prices earlier in the year along with the tough economy and perhaps even the smoking ban, have had an impact on gambling revenues and tax monies.

Those opposed to the increases worry more gamblers will end up broke if the measures pass.

"If the casinos want more money, then the gamblers are going to lose," said Burnis Ray, a gambling opponent. "That's just, you can't change that."

(© MMIX CBS Television Stations, Inc. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)

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