Gaming Facilities in the State of Colorado Anticipates Gaming Changes
The previous $5 wagering limit that Colorado casinos can offer will change to $100 on July 2nd, 2009. Aside from that, gaming facilities in the state of Colorado have the choice to stay open 24/7 and add craps and roulette to their gambling line-up for their customers.
Marc Murphy, the co-proprietor of Bronco Billy's Casino in Cripple Creek said that the gaming changes are just what the gaming industry in Colorado needs in these tough times. Murphy says that his gaming facility has hired 50 new employees to get ready for the Amendment 50 changes and estimates that local casino facilities could add four hundred new jobs to Cripple Creek. Murphy adds that he thinks that the gaming industry has needed an improvement for probably the last 4-5 years.
With twenty-four hour gaming, comes twenty-four hour security and surveillance. Al Strong, casino table games manager at the Double Eagle Casino said that he worries a little about the criminal element that comes with bigger stakes. But he is confident about his ability to catch crooks who will take advantage of these new changes because he is a professional. Mr. Strong traveled from Las Vegas, Nevada, to train new casino dealers as a gaming consultant.
After arriving in Cripple Creek, he decided to settle his family to the area permanently. The gambling industry is estimating that total profits at Colorado's casino will grow twenty-five percent with these changes. Murphy states that he is hoping for a boost but does not plan on cashing in on his additional investment for at least a year.
These new changes come after voters passed the Amendment 50 on November 2008. The amendment states that community colleges in Colorado will receive most of the taxable revenue from the new casino games and expanded gaming limits.