Governor signs betting-limits bill into law

Lucky Chances and the town of Colma received good news yesterday when the governor signed into law a Senate bill allowing local jurisdictions to establish their own betting limits.

The office of state Sen. Dean Florez, D-Shafter, said Gov. Arnold Schwarzenegger signed SB 1198, a bill sponsored by Florez allowing city councils orboards of supervisors to determine wagering limits.

San Bruno’s gambling establishment, Artichoke Joe’s, has long battled with Lucky Chances and stood against state senator’s bill.

Other opponents to the bill said it removed a safeguard established by voters in 1984 that allowed only voters to determine wagering limits, not politicians.

The bill passed the Assembly two weeks ago, and Florez said he would be “shocked” if the governor didn’t sign it.

Under a 1996 moratorium on expanded gambling, cities and counties are prevented from increasing wagering limits, which were capped by voters at $200.

Approximately one-third of Colma’s $12 million budget comes from Lucky Chances’ revenues. In April, Colma voters overwhelmingly sided with unlimited wagering.

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