Sports Betting in Colorado

Colrado Sports Betting

Current Status: Legal

Sports betting has been legal in Colorado since November 2019 and is available to anybody over the age of 21 and is available both online and in person. Bettors are allowed bet on sports in Colorado if you meet the age restrictions and are physically present within the state’s borders.

Who regulates sports betting in Colorado?

The Colorado Division of Gaming oversees the Colorado sports betting industry. The division is in charge of the operator application process, licence issuance, and data collection on sports betting revenue.

Legal Sportsbooks in Colorado

The state of Colorado’s gambling laws allow the state’s 33 casinos to seek for a master sports betting licence. This master licence permits the holder to operate in the state’s retail and mobile sports betting markets.

The following are the present and upcoming retail sportsbooks in Colorado, according to the Colorado Gaming Division:

Sportsbook Casino Launch Date
Barstool Ameristar Casino November 2020
Bet365 Century Casino Cripple Creek TBD
Betfred Saratoga Casino September 2020
BetMGM Sportsbook Midnight Rose Casino May 2020
BetMonarch Monarch Casino May 2020
BetRivers JP McGill’s Casino May 2020
BetWildwood (ISI) Wildwood Casino July 2020
Circa Sports Century Casino Cripple Creek July 2020
DraftKings Golden Gulch Casino May 2020
DraftKings Golden Mardi Gras Casino TBD
Elite Sportsbook Red Dolly Casino August 2020
FanDuel Golden Gates Casino May 2020
FOX Bet Lady Luck Casino May 2020
ISI Colorado Grande Casino August 2020
PlayMaverick Grand Z Casino Hotel January 2021
PlayMaverick Johnny Z’s Casino January 2021
PlayMaverick Z Casino January 2021 (retail only)
PlaySports Sasquatch Casino Retail open only
PlaySports The Wild Card Saloon Retail open only
PlayUp Bull Durham Casino March 2021
PointsBet Double Eagle Casino November 2020
SBK Sportsbook Bronco Billy’s Christmas Casino June 2020
Sky Ute Sportsbook Sky Ute Casino June 2020 Johnny Nolon’s Casino September 2020
SuperBook The Lodge Casino December 2020
TBD The Brass Ass Casino TBD
TBD Dostal Alley Saloon TBD
TBD Easy Street Casino TBD
TBD The Famous Bonanza Casino TBD
theScore Bet The Gilpin Casino September 2020
TwinSpires Bronco Billy’s Casino April 2021
Caesars Isle Casino September 2020
WynnBet Bronco Billy’s Casino September 2020

Mobile Betting Apps in Colorado

There are a variety of mobile sports betting apps available, and more are expected to be released in 2021. Here’s a list of betting and gaming sites that are open people over 21 in Colorado:

Colorado Sports Betting Handle Tops $200m per Month

Daily fantasy sports sites FanDuel and DraftKings were first out of the blocks with their mobile betting apps thanks to their agreement with Twin River Worldwide Holdings allowing them to offer sportsbooks inside several Colorado casinos.

Twin River paid $51 million to Affinity Gaming for three casinos in Black Hawk, Colorado (the Golden Gates, Golden Gulch, and Mardi Gras).

As reported in May 2021, the state’s numerous retail and online sportsbooks now process over $200 million in bets each month. The only other states to generate over $200m turnover per month are New Jersey and Nevada.

How Sports Betting was Legalized in Colorado

Due to a stringent Taxpayer Bill of Rights (TABOR) that required any new law that adds taxes to go before the electorate, launching sports betting in Colorado was a difficult task.

While the state’s people approved casino gambling way back in 1991, it was only in three towns. But in 2018, when the Supreme Court declared that the Professional and Amateur Sports Protection Act of 1992 (PASPA) was unconstitutional, state politicians chose to push the boundaries of sports betting.

The state’s voters approved a ballot proposal in November 2019 that legalised sports betting through Colorado’s licenced casinos, with the Colorado Division of Gaming serving as the regulatory authority. On May 1st, 2020, the industry officially began, with both retail and mobile sportsbooks launching for operation on the same day.

Since then, the Colorado sports gambling sector has developed to become a high-revenue business, offering sports odds on multitude of events and betting markets with the state’s sportsbooks now competing for handle with the more established states, namely Nevada and New Jersey.

Image credit: Santeri Viinamäki / CC BY-SA 4.0

Colorado Sports Betting Frequently Asked Questions

  • Is sports betting legal in Colorado?

    Yes, sports betting became legal in 2019, and the industry began operating in 2020.

  • Is mobile betting legal in Colorado?

    Yes, there are more than 20 mobile sports betting applications accessible in Colorado right now.

  • What is the legal betting age in Colorado?

    You must be aged 21 or older to place a bet at a Colorado sportsbook.

  • Who regulates the sports betting industry in Colorado?

    The Colorado Division of Gaming oversees the state's sports betting business. The division is in charge of the operator application process, licence issuance, and data collection on sports betting revenue.