
I don’t know about you, but don’t you think Government should keep their budgets in order and not screw people who gamble in sanctioned casinos.
Well, seems like jurisdictions that are running at deficits will do anything to find money.
Colorado casinos want regulators to lower the minimum payout on blackjacks.
Under a proposal that is currently under consideration during the Colorado Limited Gaming Control Commission’s monthly meeting, a $10 bet would return $12 instead of $15 under current regulations.
The change, if implemented, means casinos would pay 6-to-5 when a card player hits 21 with two cards, instead of the current 3-to-2.
The proposal comes after voter-approved regulations that increased the maximum bet from $5 to $100 failed to increase casino revenues by a hoped for 25 percent.
Well, duh. Maybe that has something to do with the economy of the playing public.
Casino revenue increased 9 parent during the first six months of the changes that took effect in July.
I’ll watch to see what the commission does.
Thanks for the tip, Andrew, of Denver.
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Posted on February 18, 2010 by doclotto | Filed Under Casino, Events, news
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