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Now it wants to shell out less when it loses. The 6-to-5 payoff was initially introduced in the late s in Nevada for single-deck blackjack games. More in Business. Colorado regulators meet regularly with the industry to discuss gaming rules, and operators suggested the change during a recent discussion, said Don Burmania, a spokesman for the Colorado Division of Gaming. Post was not sent - check your email addresses! Among the state beneficiaries of the gambling tax revenue are historic preservation, general fund and community colleges. Casino revenue increased 9 percent during the first six months of regulation changes authorized under Amendment Some officials had projected a boost of up to 25 percent before the changes took effect. Jared Polis' order and then repeal itself at around the two-year mark. Other things being equal, single-deck blackjack gives gamblers slightly better odds than the more common multi-deck games — which typically feature six or eight decks of cards. The proposal comes as casinos in Black Hawk, Cripple Creek and Central City are pocketing less-than-expected returns from looser regulations that took effect last July. Jacobs Entertainment, which operates the Lodge and Gilpin casinos in Black Hawk, is weighing its options, said assistant general manager J. In general, Zender said, the house advantage on a multi-deck game paying 3 to 2 on a blackjack is roughly 1. But casinos started using the lower payout on multi-deck games in recent years, and about 20 percent of all blackjack tables on the Las Vegas Strip now pay 6 to 5 on blackjacks, said Nevada-based consultant Bill Zender. Currently, no casino in the state offers single- deck tables. If the commission approves the proposal, operators could offer the lower blackjack payout starting April Casino operators were mum about their plans, which could include adding single- deck and two-deck games.
The house usually wins. Sorry, your blog cannot share posts by email.
Andy Vuong: or avuong denverpost. Under the proposed revision, the 6-to-5 payout can be implemented on any blackjack game. The bill would continue Gov. Membership Newsletters Obituaries.