Colorado Senate Delays Video Lottery Proposal
DENVER (AP) – A bill to allow video lottery terminals in Colorado has been delayed by a state Senate committee, with no word when the proposal might come back up.
Senate Bill 233 would allow video lottery terminals at two horse tracks, with the proceeds going to higher education. There is no official estimate from the state on how much the gambling terminals could raise, but lawmakers say the video lottery could revive colleges hurt by recent budget cuts.
The Colorado Gaming Association opposes the video lottery, saying it could sap business from existing casinos.
A separate Senate committee approved two bills aimed at boosting K-12 funding. One would devote all unprojected revenue to schools, and the other would create voluntary donations on state income tax forms.
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