by Giovanni Shorter | May 27, 2022 1:46 pm | Regulatory
Colorado lawmakers pass HB 22-1402 in both the Senate and the House and the bill now awaits Gov. Jared Polis’ signature. A big section of the bill would reduce the tax deductions given to sportsbooks for promotional free bets given throughout the year. Free bets are...
by Christina Monroe | Jun 19, 2020 11:23 am | Sports Betting
Colorado is setting themselves up to become a powerhouse in the legal sports betting market as they continue to add to their list of operators. Sports bettors in the Centennial State will have their pick of 20 digital sports betting platforms available to bet the odds...
by Christina Monroe | Apr 27, 2020 3:49 pm | Sports Betting
Mobile sports betting apps in Colorado will be available to begin accepting wagers on May 1. The sports betting industry in the Centennial State is slated to gain an estimated $400 million in annual revenue based on a 10% tax rate that will go to the Colorado Water...
by Hasan Nabulsi | Oct 31, 2019 5:57 pm | Regulatory
Colorado sports betting will be on the November 5th ballot as Proposition DD for voters to either pass or disapprove. If passed, sports betting in Colorado would be made legal through casinos in three CO towns as well as through statewide mobile sports betting apps....
by Hasan Nabulsi | Sep 27, 2019 3:34 pm | Regulatory
Proposition DD on the upcoming November ballot will ask voters whether or not to approve sports betting in Colorado. Net proceeds of CO sports betting activity will be taxed at a rate of 10%. Funds collected by the state will be used for the Colorado Water Plan....
