Gambling panel meets after tax tiff

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The Colorado panel charged with setting and enforcing rules for gambling are meeting for the first time since Gov. Hickenlooper asked three members to resign after the commission lowered casino taxes.

The five-member gaming commission meeting Thursday is composed of all new members because in addition to the resignations two other members were term-limited or decided not to run.

Hickenlooper criticized the previous commissioners for unanimously approving a tax break for casinos in May. He says casinos have remained profitable during the recession and should be treated like other businesses that have been unable to get their taxes reduced.

Casino representatives argued that a tax break would encourage new investments and make the industry competitive. The 5 percent tax cut took effect July 1.