#Amendment 77

the-journal.com

Gambling is on the rise in Colorado. So are efforts to prevent addiction

When Coloradans voted to establish casinos in three historic struggling mining towns back in 1990, it was called "Limited Gaming." These days it's not so limited. The industry has rapidly expanded thanks to a large new hotel resort in Black Hawk and constitutional changes to the gambling laws, eliminating Colorado's strict betting limits and adding…
Gambling Addiction
Colorado Public Radio

As gambling rises in Colorado, so do efforts around addiction

That means less money going to Las Vegas, said Sean Demeule, General Manager at Ameristar Casino Resort Spa Black Hawk. "With the new offerings, with the continued investment by the industry in Colorado, with these new games, with these new limits, there's absolutely more reason for Coloradans to stay in Colorado, play in Colorado, keep those tax…
Gambling Addiction
As gambling rises in Colorado, so do efforts around addiction
Super Slots
The Mountain Jackpot News

Cripple Creek and Colorado Casinos Hitting the Jackpot

Cripple Creek and Colorado casinos have wagered a number of bets over the years, in an effort to generate more revenue and to better attract more gambling action, which has been diverted to other areas across the country. But apparently, the removal of betting limits and addition of new games has hit a better winning combination than past pursuits,…
Winnings
The Nevada Independent

Legal changes make Colorado an enticing casino market for Nevada operators

DENVER - Nevada's major gaming companies avoided Colorado for nearly two decades after casinos were legalized in the historic mining towns of Black Hawk, Central City and Cripple Creek. It wasn't much of a gamble. Initially, bets in the state were limited to $5 and casinos were not open 24/7. The idea behind the 1990 legalization was to boost…
Industry
Legal changes make Colorado an enticing casino market for Nevada operators
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Gambling News

Colorado: Easing Gambling Limits Boosts Casinos' Revenues

Gambling operators in Colorado reported strong results for the fiscal year 2021-22, judging by details released by the Colorado Department of Revenue. But according to a new report, the recent result was positively impacted by raised gambling limits for the state's three casinos. Back in 1990, voters in Colorado passed a constitutional amendment…
Finance
The Denver Gazette

With raised gambling limits, Colorado casinos mark record revenues

As the pandemic wanes, gamblers venturing up to Colorado's three mountain casino towns are wagering record sums at the machines and tables, totaling just short of a billion dollars last year, according to a report released this week by the Colorado Department of Revenue. Earlier this month, the Colorado Limited Gaming Control Commission approved…
Finance
With raised gambling limits, Colorado casinos mark record revenues
The Mountain Jackpot News

City of Cripple Creek Celebrates 30 Years of Legal Gambling

Jeff Mosher, Cripple Creek Marketing and Special Events Director Cripple Creek will celebrate 30 years of legalized gambling this October!! Three mountain towns were struggling to attract tourists and in 1990 they were successful in convincing 57% of the Colorado voters to pass Amendment 4, which legalized gambling in their communities. The…
Finance
City of Cripple Creek Celebrates 30 Years of Legal Gambling
The Sentinel Colorado

STAFFORD: Colorado casino community system works for everyone

We're lucky in Colorado to have so many natural and manmade wonders to escape to when we need to just get away. From some of the most popular hiking trails in the country to hidden micro-breweries, there's always something to do. That explains why so many people move here to improve their quality of living. Maintaining our quality of life is a big…
Law
STAFFORD: Colorado casino community system works for everyone
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Yogonet

Monarch posts record Q3 earnings, bolstered by Colorado's gambling expansion

eno-based Monarch Casino & Resort reported a record in its Q3 earnings on Monday, and its shares traded on the Nasdaq exchanged soared Tuesday, closing up 8%, $5.49 a share, to $73.74 a share with volume more than twice the daily average. The company reported net revenue of $111.6 million, an increase of 86.5% from $59.9 million in the prior-year…
Travel
The Sentinel Colorado

FRANCOISE BERGAN: Growing Colorado casino town is a boon for all

When voters in Aurora overwhelmingly supported Amendment 77 in 2020, giving Black Hawk, Central City and Cripple Creek voters the right to raise betting limits and introduce new games, they were supporting a proud Colorado tradition of voter-led changes to gambling law. They also bet on the measure making a positive impact on Aurora's community…
Covid
FRANCOISE BERGAN: Growing Colorado casino town is a boon for all
Stockhouse

Monarch Casino & Resort Announces Management Changes

Chief Operating Officer David Farahi Leaving the Company to Pursue Business Interests Outside the Gaming and Hospitality Industry 20-Year Gaming and Hospitality Industry Veteran, Michelle Shriver, Appointed Corporate Vice President of Operations RENO, Nev., Aug. 24, 2021 (GLOBE NEWSWIRE) -- Monarch Casino & Resort, Inc. (NASDAQ: MCRI) ("Monarch" or…
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Colorado Casinos to Increase Betting Limits Starting May 1

Casinos in Colorado can remove $100 betting limits as well as offer new types of games starting this Saturday. [Image: Shutterstock.com] Casinos in Colorado will no longer need to adhere to the existing $100 betting cap and can also offer new types of games starting May 1. Individual casinos will be able to set their own maximum bet limits. higher…
Covid
Colorado Casinos to Increase Betting Limits Starting May 1
Review Journal

Reno-based Monarch Casinos reports record first-quarter earnings

The company that operates Reno's Atlantis resort reported record net income and cash flow for the quarter that ended March 31. The company benefited from the phased opening of its Monarch Casino Resorts Spa Black Hawk in Black Hawk, Colorado, in the fourth quarter of 2020. "We continued market share growth at both of our Reno and Black Hawk…
Travel
Reno-based Monarch Casinos reports record first-quarter earnings
The Daily Gazette

Betting limits at Colorado casinos will soon be history

Colorado voters gave casinos and three mountain gambling towns an early Christmas Saturday with the debut of no-limit betting. Don't expect bet limits to completely disappear - they will be set by individual casinos instead of state law. Most casinos are expected to adopt limits between $500 and $1000 per wager, but likely will allow higher limits…
Covid
Betting limits at Colorado casinos will soon be history
US Gambling Sites

Colorado Casinos Prepare For Higher Betting Limits And New Games

If you followed the passing of Colorado's Amendment 77 late last year, it might please you to know that City Council members of gambling towns have now elected to increase betting limits and allow new games. Amendment 77 allows cities to opt-out of the $100 betting cap along with the inclusion of new games, as long as the titles were accepted by…
Travel
Colorado Casinos Prepare For Higher Betting Limits And New Games
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