Soon after leaving the starting gate, a proposal to bring horse racing to the Colorado State Fair was scratched, The Pueblo Chieftain reports.

Sen. Abel Tapia, D-Pueblo, withdrew Senate Concurrent Resolution 4 on Monday, when it was scheduled to face a vote by the Senate State, Veterans and Military Affairs Committee.

The plan would have asked voters to expand Colorado Lottery offerings to include a video keno game, envisioned for bars and restaurants, and to initiate a horse-racing operation affiliated with the Colorado State Fair.

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The Denver Post: Neighborhood bars won’t offer keno and the State Fair grounds won’t regularly host horse races now that the legislature Monday killed the second of two bills aimed at expanding gambling in Colorado. Both proposals — Senate Concurrent Resolution 4 and Senate Bill 215 — were meant to generate between $40 million and $100 million in financial aid for college students at a time when lawmakers intend to give colleges more freedom to raise tuition.
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The odds are stacked against proposals for a racino track in Pueblo and expanded lottery gaming statewide, The Pueblo Chieftain reports.

A Legislative plan to expand the lottery to video keno and also open a horse track “racino” associated with the Colorado State Fair lacks the support it needs to go forward, Pueblo Sen. Abel Tapia said.

“The gaming bill is on hold and may end up dying,” Tapia said. A racino is a combination horse track and casino that, under the current proposal, would feature video lottery games.

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What started as a plan to introduce a new keno lottery game on video terminals has expanded to include a proposed “racino” at the Colorado State Fairgrounds in Pueblo, The Pueblo Chieftain reports.
According to Sen. Abel Tapia, D-Pueblo, the proposal would include live and simulcast horse racing at the Fairgrounds year-round, along with video keno from the Colorado Lottery.
Backers are encountering resistance from the casino lobby, which has expressed concerns that its business would be affected adversely by another gambling option in the state.

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Coloradans may get a chance to vote this fall on an expansion of limited gambling to help fund the state’s universities, The Denver Post reports.

The proposal, which has bipartisan backing in the legislature but may face opposition, will be considered with a second bill also unveiled Wednesday.

That second bill would allow colleges and universities to increase tuition by a larger amount than now allowed, as long as they also provide more financial aid to low-income and middle-income students and meet other goals.

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The Pueblo Chieftain: Two Southern Colorado lawmakers plan to propose a referred measure that would bring lottery games into the technological age and give a huge boost to higher-education funding. The proposal would ask Colorado voters to allow a video keno lottery game comparable to keno, with the revenue they generate devoted to higher-education scholarship grants. The proposed game expansion would allow a lottery game on video monitors, something the Colorado Lottery does not currently offer.

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Editor’s Note: Listen to this hearing live mid-morning (the committee meets after 9 a.m. House floor session adjourns) by clicking here.

By Don Knox, STATE BILL COLORADO
Gambling projects would be prohibited from being included in “regional tourism projects” under a bill being considered today by the Colorado Senate’s Business Labor & Technology Committee.
SB10-035, sponsored by Sen. Mark Scheffel, R-Colorado Springs, closes a perceived loophole created when the so-called regional tourism projects bill won approval and was signed by Gov. Bill Ritter in 2009.
The bill prohibits any proposed regional tourism project from including a facility that would offer, make available, or facilitate gambling-related activities. Gambling-related activities include betting, wagering, or payments made on or in connection with one or more games that qualify as gambling or limited gaming as defined by law.
Rep. Joe Rice, D-Littleton, who sponsored the 2009 legislation, is the House sponsor on this bill. His backing — as well as his chairmanship of the House business committee — gives the measure a strong chance of passing.
Pueblo is considering creating a regional tourism project, and the area around Denver International Airport has been identified as a possible future home for a speedway. Both projects, if undertaken, would benefit from tax-increment financing enabled under the 2009 legislation.

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By Gene Davis, DENVER DAILY NEWS
Following a record-breaking month in July that saw Colorado casinos and their laxer gaming rules rake in $76.2 million, revenues for the three gaming towns last month dropped $5.5 million from that pinnacle.
The Adjusted Gross Proceeds (AGP) — a term describing the revenue casinos make after paying out winnings to gaming patrons — totaled $69.7 million in August. And while that AGP is up modestly over August 2008, Black Hawk is largely responsible for driving that increase. Proceeds in Cripple Creek and Central City were actually below their August 2008 levels last month.
“As expected, the enthusiasm surrounding the advent of new games, higher bet limits and longer hours is softening, but the gaming industry in Colorado continues to perform better than the industry in most other states,” said a statement from Colorado Gaming Association President Michael Smith.
Amendment 50 allows casinos to stay open 24 hours, raise the maximum bet from $5 to $100, and allow craps and roulette. The measure went into effect at 12:01 a.m. on July 2 this past summer.
The Center for Dependency, Addiction and Rehabilitation (CeDAR) at the University of Colorado Hospital in Aurora has yet to receive the increase in gambling addiction-related phone calls they expected to get after the laxer gaming rules went into effect. But CeDAR executive director Franklin Lisnow doesn’t see that as a good sign. He thinks the lack of calls is probably because people don’t realize they have a gambling problem and need to get help.
“Addiction is stooped in denial,” he said. “By raising the stakes and increasing the hours, more people think they can gamble their way out of a hole. Realizing you have an addiction usually comes after that doesn’t work.”
More than 55-percent of Colorado voters backed Amendment 50 last November. The measure allowed residents of Central City, Black Hawk and Cripple Creek to vote on whether they wanted to change the gambling rules in their town. All three cities overwhelmingly voted in favor of the changes.

Money for community colleges
Under the amendment, 78 percent of the new tax revenue collected by the casinos will go to Colorado community colleges. Despite last month’s drop in gaming revenue, Lois Rice, Colorado Gaming Association’s executive director, said she still expects the community college system to receive $18-$25 million from the casinos the first year alone.
However, Nancy McCallin, president of the Colorado Community College System, said in July that projections for the amount of money they will receive the first year has dropped to the $7-$10 million range.
“It’s a sizable amount of money … but it’s not like the panacea,” she said.
Colorado community colleges currently receive $117 million in federal funding. McCallin said the additional revenue source, while not as much as originally projected, would be valuable in helping replenish some of the cuts that have faced the colleges as they have seen enrollment increase more than 30 percent.
“It’s very important long term to have found an alternative revenue source that is to be in addition to state funds, not in place of state funds,” she said. “It’s key — it will grow in importance over the next five-10 years.”

Distributed by Colorado Capitol Reporters

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