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Saratoga Casino. Wagering on international soccer draws more handle than does Major League Soccer. The cost of that two-year license remains to be determined. Both esports and high school sports betting are banned under current law and regulation. Colorado is already one of the biggest sports betting markets in the country, generating hundreds of millions of dollars in wagers each month.
More on Colorado betting revenue here. Legal sports betting finally launched in Colorado on May 1 despite most major leagues being shut down at the time because of the coronavirus pandemic. While state voters historically take a progressive attitude toward social issues including marijuana and same-sex marriage, the same cannot be said for gambling. Casino gaming began in and is limited to three small towns in the Rockies. This requires that any law raising taxes must go before voters after being approved by the state legislature.
The measure pushed by Rep. Clearing the legislature was only half the battle in Colorado. The measure ultimately passed in November with a slim margin of more than 20, votes. With passage secured, Colorado regulators were able to craft rules and regulations to govern how sports betting in CO would operate.
That launch met the target date set by Colorado regulators months ago. It is also the first date that operators were allowed to launch their CO sports betting apps, provided they have received approval from the state to do so. That does not mean all Colorado sportsbooks opened in May.
That is only the initial date state regulators made it possible for operators to launch their products, and many more sportsbooks could be on the way through the rest of The Colorado Division of Gaming has oversight over sports wagering. This division of the state government also is in charge of implementing regulations to govern day-to-day activities of sports betting in Colorado.
If you are not located in Colorado while using a sportsbook app, you cannot place a wager, even if you are a Colorado resident. Your phone or device must be able to verify where you are located when attempting to place a bet in Colorado. That will take place using the same type of geolocation technology used by navigation apps such as Waze and Google Maps. There also are three Rocky Mountain towns where Colorado casinos are legal that will add retail sportsbooks.
Those likely will wait until summer as the coronavirus pandemic forces casino closures. Sports betting in Colorado is possible via your phone or tablet. CO sportsbook apps quickly became the most popular way to bet on sports in Colorado, driven in part by the effects of the COVID pandemic. There also will be retail sportsbooks in the mountain towns of Black Hawk , Central City , and Cripple Creek , in addition to statewide access via mobile apps.
Recognized brands from throughout the country plan to take part in CO sports betting. As is the case in other states, people will close affiliations to sports teams players, coaches, trainers, team officials, etc. This is because these people potentially have information about or the ability to influence the outcome of a game.
Colorado Sports Betting. Colorado sports betting is legal and live as of Legal Colorado online sports betting State regulators made legal Colorado sports betting available May 1, Top Colorado sportsbooks Rank. Visit DraftKings Sportsbook. DraftKings Review. Play now. Visit William Hill Sportsbook. William Hill Review. MGM Sportsbook Review. Visit SportsBetting.
Visit FanDuel Sportsbook. FanDuel Review. Play Now. Visit Betfred Sportsbook.
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