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Measure Details

Limited Gaming in Central City, Black Hawk and Cripple Creek

Colorado Ballot Measure - Amendment 50

Election: General Nov. 4, 2008 (General)
Outcome: Passed

Categories:
Business and Consumers
Education
Gambling and Gaming

Summary

Amendment 50 proposes amending the Colorado Constitution to: - allow residents of Central City, Black Hawk, and Cripple Creek to vote to extend casino hours, approve additional games, and increase the maximum single bet limit; - give most of the gaming tax revenue that results from new gaming limits to Colorado community colleges and to the gaming cities and counties; - require statewide voter approval for any gaming tax increase if new gaming limits are adopted by any gaming town; and - exempt the revenue raised from new gaming limits from state and local revenue and spending limits.

Measure Text

An amendment to the Colorado constitution concerning voter-approved revisions to limited gaming, and, in connection therewith, allowing the local voters in Central City, Black Hawk, and Cripple Creek to extend casino hours of operation, approved games to include roulette and craps or both, and maximum single bets up to $100; adjusting distributions to current gaming fund recipients for growth in gaming tax revenue due to voter-approved revisions in gaming; distributing 78% of the remaining gaming tax revenue from this amendment for student financial aid and classroom instruction at community colleges according to the proportion of their respective student enrollments, and 22% for local gaming impacts in Gilpin and Teller counties and the cities of Central City, Black Hawk, and Cripple Creek according to the proportion of increased tax revenue from voter-approved revisions in each city or county; and requiring any increase in gaming taxes from the levels imposed as of July 1, 2008 to be approved at a statewide election, if local voters in one or more cities have approved any revision to limited gaming.

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