to Patrons

On April 23rd, Colorado Governor Jared Polis vetoed a bill that would have allowed casinos in the state to provide credit to patrons. The bill had been passed by the state legislature earlier in the month.

The bill was intended to help casinos compete with those in neighboring states, which already allow patrons to take out loans from the casino. It would have allowed casinos to provide lines of credit to patrons, with a maximum limit of $2,000.

However, Governor Polis argued that this would have been a bad move for the state. He said that allowing casinos to provide credit could lead to an increase in problem gambling and debt. He also noted that it could lead to an increase in crime, as people may try to use the loans to pay off debts or fund criminal activities.

The Governor also expressed concern that the bill could have a negative impact on the state’s economy. He argued that allowing casinos to provide credit could lead to an increase in bankruptcies and defaults, which would have a negative effect on the state’s financial stability.

In his veto message, Governor Polis said that he was “not convinced that this bill is in the best interest of Colorado” and that he wanted to “ensure that our state’s gaming industry is responsible and accountable.”

The veto of this bill has been met with mixed reactions from both sides of the issue. Supporters of the bill argued that it would have helped casinos compete with those in other states, while opponents argued that it could lead to an increase in problem gambling and debt.

Regardless of the outcome, it is clear that Governor Polis was concerned about the potential negative impacts of this bill and chose to veto it in order to protect the state’s economy and citizens. It remains to be seen whether or not this veto will stand, or if the legislature will attempt to override it.