Colorado Casinos Could Soon See Unlimited Betting Action

• The three casino towns in Colorado may completely remove betting limits at poker, blackjack, craps, and other games.
• The original limit was $5 however that was changed to the current $100 limit in 2008.
• In order for the proposal to be official, 55% of the voters would have to approve once the initiative makes it to the ballots.

CENTRAL CITY, Colo. - Casino gamblers in Colorado may be seeing a future without betting limits as a proposed initiative to remove betting limits has been presented.

The proposed initiative, being dubbed Initiative 257, would allow the three casino towns in Colorado to host unlimited betting when it comes to games such as poker, blackjack, craps, and other casino games. The current betting limit is $100, which increased from $5 in 2008. The three casino towns have built their local economies off the backs of people placing bets at their casinos and tourists traveling to and staying at hotels.

The removal of betting limits could increase their coffers even further.

No Limit Betting

The officials of these casino towns in Colorado truly want this betting limit removal to take place as they are the main sources to gain from the initiative.

Former Cripple Creek Mayor Bruce Brown is a major proponent of the initiative and has been vocally in his support from the onslaught.

"These towns have built much of their local economies around hotels, restaurants, tourism and travelers who visit because of gaming. Voters in these communities should be allowed to decide what is best for them and their economy, including whether they want to change betting limits and add new games," said Brown.

Joining Brown in his support for the initiative is Bill Cadman, the former Colorado Senate President.

Both parties are hoping for Initiative 257 to be on the November Colorado ballot this year. If the initiative is approved, residents will have the option of voting on the removal of the $100 single bet limit, as well as approving some games that are outlawed in the state.

Currently, Colorado is one of only two states that still have a betting limit - the other being South Dakota. Looking to bring their gambling into the new decade on par with other states, only time will tell the result of this action.