Sports betting IS legal in the state of Colorado. Online options are expected to be rolled out this year.
Today the University of Colorado announced that they have signed a 5 year deal with PointsBet sportsbook. This is the first ever sponsorship deal between a sportsbooks and a division 1 college team. The deal will provide the University of Colorado with money in the absence of other forms of income due to the coronavirus pandemic. The most costly result ...Read More
Two years ago seems like forever these days. A lot has happened in that time. The country has all but become unraveled. Coronavirus and massive protests and riots lead the news every night. In that span of time, sports betting has also become legal and regulated in many states. Colorado is a state that recently embraced sports betting. Sportsbooks have ...Read More
Teaming up with sports live content provider Sportsradar, DraftKings sportsbook has announced it wil be streaming live events from its mobile app. The streaming will be available for anyone that has funds in their account. As of right now it appears they will be streaming Korea Baseball Organization and Bundesliga Soccer (Division 1) as these are some of the only ...Read More
World renown sportsbook Bet365 is the latest sportsbook to get approval to operate in the Rocky Mountain state. Bet365 is already well known in many countries throughout the world but has yet to make its mark in the United States. Main competitor William Hill is a UK based bookie that has been in the U.S. market for years and was ...Read More
43 billion dollars - That is the amount of money that wasn't bet on sports since the coronavirus shut everything down. Restaurants, airlines, hotels and casinos/sportsbooks have felt it the most. In Colorado, they sports betting became legal in the meantime. Absent was the fanfare and celebration of inaugural sports betting opening days of the past. There was no Governor ...Read More
The Covid-19 outbreak has slowed down the economy as well as many lower level government bodies. The State of Colorado is not deterred, however, and plans to have legal sports betting by May 1st. Many in the sports betting industry think that the virus may peak well before the planned start of football season which also happens to be the ...Read More
The State of Colorado became the 19th state to officially put laws in place that make sports betting a legal and regulated activity. The law passed just barely. It was a 50.7% to 49.3% vote. There is a 10% flat tax on net sports betting proceeds. The state claims it had allocated revenue from this venture to be used for ...Read More