Colorado Legislative Council Staff
NO FISCAL IMPACT
January 28, 1998
Harry Zeid (866-4753)
TITLE: CONCERNING THE REGULATION OF VIDEO LOTTERY TERMINALS AS GAMING DEVICES, AND, IN CONNECTION THEREWITH, INCLUDING VIDEO LOTTERY TERMINALS WITHIN THE DEFINITION OF A SLOT MACHINE AND PROHIBITING THE LOTTERY DIVISION FROM PERMITTING LOTTERY GAMES TO BE PLAYED ON A SLOT MACHINE.
Summary of Assessment
This bill would modify the statutory definition of a “slot machine” under Section 12-47.1-103 (26)(a), C.R.S., to state that a “slot machine” includes, without limitation, a video lottery terminal. The bill would also prohibit the State Lottery Division from permitting lottery games to be played on a slot machine.
Currently, video lottery terminals are not in use by the State Lottery Division. Therefore, the bill would not affect the current operation of the State Lottery Division . It would, however, prohibit the use of video lottery terminals in the future. Since the bill would not affect current revenues or expenditures of the state or units of local government, the bill is assessed as having no fiscal impact.
The bill will become effective at 12:01 a.m. on the day following the ninety-day period after adjournment sine die of the General Assembly, or on the date of the official declaration of the vote of the people as proclaimed by the Governor, if a referendum petition is filed pursuant to Article V, Section 1 (3) of the State Constitution.