Helm of the Ghastlord

Enchantment — Aura    (CMC:4)

Enchant creature As long as enchanted creature is blue, it gets +1/+1 and has "Whenever this creature deals damage to an opponent, draw a card." As long as enchanted creature is black, it gets +1/+1 and has "Whenever this creature deals damage to an opponent, that player discards a card."

166 SHM • ENFranz Vohwinkel

™ & © 1993—2008 Wizards of the Coast

Legal in: Modern,Lorwyn-Shadowmoor Block,Legacy,Vintage,Freeform,Prismatic,Tribal Wars Legacy,Classic,Singleton 100,Commander

Oracle Text (click to copy):

Helm of the Ghastlord {3}{U/B} Enchantment — Aura Enchant creature As long as enchanted creature is blue, it gets +1/+1 and has "Whenever this creature deals damage to an opponent, draw a card." As long as enchanted creature is black, it gets +1/+1 and has "Whenever this creature deals damage to an opponent, that player discards a card."

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View this MTG card on Gatherer

5/1/2008
If the enchanted creature is both of the listed colors, it will get both bonuses.
5/1/2008
With regards to the two triggered abilities that Helm of the Ghastlord grants to the enchanted creature, the point when damage is actually dealt is the only time it matters what color the creature is. If the creature is blue or black at that time, the appropriate ability or abilities will trigger. They'll resolve even if the creature changes color or loses its Aura.
5/1/2008
The two abilities trigger when the enchanted creature deals damage to an opponent of the creature's controller, not when it deals damage to an opponent of the Helm's controller. They trigger from any damage, not just combat damage.

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Card Helm of the Ghastlord is not on TCGPlayer.