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Sports Betting in Colorado

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Sports betting in Colorado has been legal since November 2019 and is available online and in-person to anyone above the age of 21.

As long as you meet the age requirements and you are physically present within the Colorado state borders, you can bet on sports in Colorado.

Online Sports Betting Websites in Colorado

There are several mobile sports betting apps to choose from, and more will likely be launched in 2021.

Below is a list of the online betting sites that are available to bettors within the CO state borders:

  • DraftKings
  • FanDuel
  • BetMGM
  • BetRivers
  • PointsBet
  • FOX Bet
  • SBK Sportsbook
  • Sky Ute Sportsbook
  • BetMonarch
  • Circa Sports
  • Elite Sportsbook
  • BetWildwood
  • SportsBetting.com
  • Betfred
  • William Hill
  • theScore
  • SuperBook USA

 

FanDuel and DraftKings were the first to launch mobile betting apps. Both companies have an agreement in place with Twin River Worldwide Holdings which allows them to offer their own retail sportsbooks in several Colorado casinos.

If you prefer to bet from home instead of at a casino, you can download their apps as long as you are within the state border. DraftKings’s app can be downloaded here: https://sportsbook.draftkings.com/sportsbook-android-app

Colora Sports Betting Websites and Apps Awaiting Launch

  • BetAmerica
  • Bet365
  • Digital Gaming Corporation
  • International Game Technology
  • Internet Sports International
  • Penn Sports Interactive (or Barstool Sportsbook)
  • Wynn Resorts

Full House Resorts, which owns Bronco Billy’s Casino in Cripple Creek, has also partnered with Smarkets and with Wynn Resorts in order to offer online sports betting if given license approval. 

PointsBet has partnered with Double Eagle Casino and the gaming venue has already gained a license, meaning you can expect to see the online platform launch soon.

In-person Sports Betting Venues in Colorado

Many of the land-based casinos in Colorado have already found a sports betting partner. It is just a matter of time when casinos reopen with sportsbooks.

The first casinos to open sportsbooks in Colorado are:

  • Saratoga Casino, Black Hawk (Betfred)
  • Mardi Gras Casino, Black Hawk (DraftKings)
  • Monarch Casino, BlackHawk (BetMonarch)
  • Ameristar, Black Hawk (Barstool Sportsbook)
  • Wildwood Casino, Cripple Creek (Woody’s at Wildwood)
  • Lady Luck Casino, Black Hawk (William Hill)
  • Isle Casino, Black Hawk (William Hill)
  • Red Dolly Casino, Black Hawk (Elite Sportsbook)
  • Bronco Billy’s Casino, Cripple Creek (BetAmerica Sportsbook)
  • Double Eagle Casino, Cripple Creek (PointsBet Sportsbook)

DraftKings Sportsbook at Mardi Gras Casino was one of the first to launch, but others that have launched since may give it a run for their money.

Mardi Gras Casino In ColoradoLand-based sportsbooks are available in casinos Cripple Creek, Central City, or Black Hawk. Mardi Gras Casino in Black Hawk was one of the first to launch. Other casinos in the other two cities have since launched their own sportsbooks. 

These casinos can offer sports wagering apps that do not need in-person registration. Now that those apps are launched you can technically bet on sports from anywhere inside of Colorado.

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Colorado Sports Betting Timeline

The road to legalized sports betting in Colorado started with the repeal of PASPA back in 2018 and ended with a referendum in November 2019 when the state became the 18th state to legalize sports wagering.

For an overview of sports betting milestones in the U.S., check out our sports betting timeline.

July 2018: First Signs of a Change in Regulation

State lawmakers signaled their intent to bring sports betting to the table in the next legislative session. Democratic Assemblyman Alec Garnett and Republican Assemblyman Cole Wist told Colorado Public Radio that they intended to do just that but also were unsure of whether or not a voter referendum would be necessary, given the state’s gambling laws. 

August 2018: A.G Said No Referendum Would Be Needed

Colorado Attorney General Cynthia Coffman issued an opinion stating that a voter referendum and an amendment to the state constitution would not be necessary to bring new Colorado sports betting laws. She explained that it would only need a statutory change.

April 2019: Sports Betting Bill Was Sent to The Senate

A Colorado sports betting bill is finally introduced in the State House. Despite the Attorney General’s opinion, the goal of the bill is to get the measure put on the November ballot for voters to decide. In order for that to happen the bill would have to pass through the legislature with a two-thirds vote.

In order to get that much support, sponsors of the bill dedicated the tax revenue to go to the Colorado Water Plan which is in desperate need of funding. The bill underwent several amendments in the House but was ultimately passed and sent off to the State Senate. 

May 2019: Governor Signed The Bill

The month began with the Senate passing the bill on May 3, 2019, by a 28-7 vote. The vote meant that the bill had the supermajority it needed to be put on the ballot. The month ended with Governor Jared Polis giving his blessing and signing off on the bill on May 29, 2019. 

November 2019: Voters Had Their Say

After months of sports betting companies campaigning in support of Proposition DD, it was finally time for voters to have their say. Companies such as DraftKings and FanDuel spent over 1.5 million dollars trying to explain to Coloradans that the tax will only be set on the casinos providing the activity but the ballot language still came out confusing because of the Tax Payer Bill of Rights in the state.

November 5th was the day of the vote, but the final count was delayed until the next day due to the vote being so close. Proposition DD was passed by a final margin of 51% of people voting yes. 

May 2020: Online Sports Betting Launched

Because of how the bill was written, the first day that sportsbooks could go live in the state was May 1, 2020. Several nationally recognized online sports betting brands didn’t hesitate and launched on that very same day.

DraftKings, FanDuel, BetMGM, and BetRivers were the first online sportsbooks in Colorado to launch.

FOX Bet entered the market later in the month. Sky Ute Sportsbook and SBK sportsbook joined the online Colorado sports betting market the following month. Other companies like bet365 put themselves in position to launch in Colorado soon. 

July 2020: In-Person Betting Launched

Draftkings was the first to launch a retail sportsbook in Colorado having debuted a temporary sports betting venue at Mardi Gras Casino in Black Hawk, CO. 

The casino launched this sportsbook despite having a limited capacity, limited sports, and a bevy of COVID-19 related safety measures. But, given how profitable online sports betting in CO proved to be in the first few months, it only made sense.

More sportsbooks have launched since then and many more are expected to launch throughout 2021 and beyond.

Colorado Sports Betting FAQs

Can I bet on college sports in Colorado?

Yes, betting on collegiate teams that are located inside and outside the state are permitted for any sportsbook or sports betting app in Colorado.

How Old Do I Have To Be To Bet On Sports In Colorado?

The legal age to bet on sports in Colorado is 21 and up. This is the case no matter if you use a mobile sports betting app in CO or if you plan on attending a casino sportsbook.

Who Is In Charge Of Sports Betting In Colorado?

As per HB1327, “Sports betting will be regulated by the department of revenue, subject to supervision by the existing limited gaming control commission.”

What is the Tax Rate On Colorado Sports Betting?

Colorado sportsbooks will have to pay the state 10% of their net revenue generated by sports betting. While it may not have seemed that way from how Proposition DD was written, only these businesses will have to pay that tax rate. 

Which companies can apply for a sports betting license?

When it comes to land-based sports gambling in Colorado, the only venues that can apply for a license are the casinos located in Black Hawk, Cripple Creek, and Central City. Those casinos can then partner with a mobile sports wagering provider to develop and offer mobile sports betting apps throughout the state. 

How Much Money Does Colorado Sports Betting Generate?

Indeed, the onset of this activity and it’s wide availability are estimated to bring the state 29 million dollars in taxes. The funds generated from state-regulated sports betting in Colorado are going to straight to the Colorado Water Plan.

Having a revenue stream to the plan played a large part in getting bipartisan support for a bill while it was in the legislature. But it was ultimately Colorado voters that gave the final word.