Thursday, May 2, 2024

Will More Funding Be Directed to Colorado Water Projects?

Betting kiosk in Monarch casinoBetting kiosk in Monarch casino | Photo by Kevin Simpson, The Colorado Sun

Colorado voters may be asked to direct more sports gaming revenue to water conservation projects.

Jerd Smith of Fresh Water News reports on new legislation with bipartisan support including House speaker Julie McCluskie that will refer a ballot issue to voters in November. It will shift any gaming revenue over a $29 million cap in the original ballot proposition to water projects.

I said the measure should pass with leadership support and that voters are likely to be supportive.

  1. Voters are concerned about water conservation
  2. The measure would not expand gaming or increase taxes
    • Gaming interests (Fan Duel or DraftKings) are not opposed
    • Environmental interests appear supportive

“While the original sports betting ballot measure received tepid support, the tax question, if it makes the ballot, may win broader support due to ongoing voter concerns about water conservation and protection and the high-profile crisis on the drought- stressed Colorado River, veteran pollster and political analyst Floyd Ciruli said.

“I have not seen any polls that negate what we knew strongly back then, that water conservation and water protection are environmental issues that Coloradans care strongly about,” he said."

Link to article: Colorado voters may be asked to send more sports betting money to water projects

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