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Demand For Casino Games in Colorado 'Proved By Figures'

Posted By Jeremy Hopkins | Monday, July 5, 2010 - 14:55
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Demand For Casino Games in Colorado 'Proved By Figures'

More money is being taken from gamblers in one state following a relaxing of the rules.

A decision to allow casinos to stay open 24 hours a day and add to their range of games appears to have been justified by new financial results.

Tax revenue from gambling in the US state was up exactly a year after the introduction of the voter-approved Amendment 50, reports the Associated Press.

Amendment 50 allowed gambling resorts in the region to extend their opening hours, add craps and roulette to the games on offer and increase the betting limit from $5 (£3.30) to $100.

As a result, the total raised through casinos in Colorado since July 2009 stands at £108.7 million, up from $94.9 million for the previous 12-month period, explains the news source.

However, revenue is perhaps not as high as it could be, according to some experts.

Colorado Gaming Association executive director Lois Rice offered one explanation, stating: "We're still recovering from the effects of the casino-wide smoking ban that went into effect in January 2008."

The popularity of casinos in the US may have been further emphasised by the recent report by the Boston Globe, which said Massachusetts is set to allow the developments for the first time.

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