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Colorado casino expansion bill proposed9 July 2008COLORADO -- As reported by the Rocky Mountain News: "A proposed ballot initiative that would allow gambling cities in Colorado to raise betting limits, extend casino hours and add games is getting financial support from some of the state's larger casinos. "Under the measure, any additional gambling proceeds that would result from the changes would go primarily to fund community colleges, with a small percentage going back to the communities affected by gambling. "Coloradans for Sensible Solutions, which is backing Initiative 121, has received $3.1 million of contributions and reported spending less than $195,000. "The biggest contributor so far has been the Isle of Capri Casino in Black Hawk, which gave $1.5 million, followed by Ameristar Casino, also in Black Hawk, which contributed $700,000. "...Under Initiative 121 - which still needs more than 76,000 signatures to get on the November ballot - voters in Black Hawk, Central City and Cripple Creek can change some of the current limits to gambling..." |