Raise the Stakes<\/strong><\/h2>\nStock surged for gaming companies like Century Casinos and Full House Resorts after election day, when voters approved Amendment 77. This allows residents of Black Hawk, Central City, and Cripple Creek to decide whether to remove the $100 cap on maximum stakes for table games without the need for a statewide referendum. The measure also allows the gambling towns to introduce new games that were previously prohibited at their casinos, such as baccarat.<\/p>\n
Last year, table games represented 13 percent of gross gaming revenue (GGR) in Black Hawk, and just 8 percent in Cripple Creek. That\u2019s compared with averages of 20 percent to 25 percent in similar regional markets.<\/p>\n
The casinos were hit hard by the pandemic, as were the local communities that rely on casino taxes. It is hoped the new measures will boost revenues while increasing travel and tourism jobs in those communities. The measures also give local residents more control of gambling in their cities.<\/p>\n","protected":false},"excerpt":{"rendered":"
All table game action in Colorado has been killed as part of new measures to repel a surge of coronavirus cases, The Colorado Springs Gazette reports. This comes ten days after residents voted to allow casino towns to raise per-hand betting limits. Casinos in Gilpin County were without blackjack, craps, and other table games this […]<\/p>\n","protected":false},"author":36,"featured_media":155401,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[62],"tags":[],"acf":[],"yoast_head":"\n
COVID-19 Spike Shuts Down Table Games in Colorado<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n