Colorado Legal Sports Gambling

Posted onby admin

With Legal-Gambling-USA.com, enjoy our selection of online sports betting websites legal in Colorado to bet online legally.

  1. Colorado narrowly permitted legal gambling in November’s election, with the proposition passing with 50.8% of the vote. PlayColorado says sports betting in Colorado could annually generate as much.
  2. Sports betting was legalized in Colorado after the passage of House Bill 19-1327 and voter approval of Proposition DD during the November 2019 Election 5. Sports betting became legal in May 2020, both onsite at casinos in Colorado's three gaming towns and online through casinos.
  3. In essence, industry experts view Colorado–the westernmost U.S. State to offer legal sports betting–as a wide-open space. The state requires online sportsbooks to pay only 10% tax revenue, meaning the already traditionally aggressive promos we’ve seen in other states where sports betting is legal will only be exaggerated in Colorado.

Colorado became the 19th state to legalize sports betting, but it might have the best situation of any newly-legal state.CO has full online sports betting on sites and apps, plus a low barrier to entry for operators, which is creating healthy operator competition that will benefit consumers. Week 6 of the NFL season is upon us, and there are a number of Colorado legal, online sports betting promotions available for those within the state to get in on NFL betting action around this week’s slate of games.

1
2
3
4
Colorado legal sports gambling rules
5
6

This ranking only list online sports betting websites authorized in the state of Colorado.

It has been a long road for Colorado residents who want to bet sports online for real money, but the time has finally arrived. On May 1, 2020 four online sportsbooks went live in Colorado. Players can now bet on both professional and collegiate sporting events with a computer or mobile device.

Online sports betting legislation in Colorado is one of the most progressive in the United States. Any adult over the age of 21 who is within the state borders can make a sports bet with their phone or tablet. Residency is not required. Individuals can make their sports bets without the need to visit a physical sportsbook.

ColoradoColorado legal sports gambling rules

The residents of Colorado voted to approve legalized online sports betting in November of 2019. It did not take long for the state to set up the infrastructure needed to provide online sports betting. Wagering in Colorado is governed by the Colorado Limited Gaming Control Commission.

All online sportsbooks in the state are required to pay a licensing fee. Sportsbooks must also pay taxes on revenue that is earned. The money earned goes to support various state programs.

DraftKings, BetMGM, BetRivers, and FanDuel are the first sports betting providers that have been licensed to accept sports bets online in Colorado. More are expected to follow as Colorado issues additional online gaming licenses.