2/26/2009

Enacting Legislation for Amendment 50 (Expanded Gaming)

In November voters passed Amendment 50, which expands gambling to include higher bets and new games. The extra money would then go to community colleges. The problem with implementation, however, is that nobody knows how much extra money the new rules will bring in, so HB09-1272 has been introduced to determine how much money should go to community colleges and how much should continue to fund programs like the State Historical Fund, which voters approved to give gaming money to the restoration of historic buildings. The bill is currently in the Senate.

For statistics on gaming revenues in Colorado, see Industry Statistics; Statement of Gaming Revenues; and the monthly newsletter, Gaming Update.

For other information on gaming in Colorado, see Understanding How a Slot Machine Works; Gaming Impacts the Colorado Economy; What are the Facts? Limited Gaming Information Booklet; and Gaming in Colorado Fact Book & [Annual] Abstract.

For information on the State Historical Fund and its relationship to gaming, see Guide to Colorado Historic Places: Sites Supported by the Colorado Historical Society's State Historical Fund; The Economic Benefits of Historic Preservation in Colorado; Saving Colorado's Treasures (DVD); State Historical Fund Annual Report; and Riches and Regrets: Betting on Gambling in Two Colorado Mountain Towns.

All of the above listed items are available from our library.

2 comments:

Amy said...

The bill is SB09-228.

Amy said...

Oops! Disregard my comment about the bill number. I put that on the wrong post. Sorry.

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