Colorado

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Operator/supplier deals

N/A

 

Online/land-based partnerships

N/A

 

Licensing deals

N/A

 

Marketing deals

N/A

N/A

State population

5.6 million

 

Online/offline revenue split

0/100

 

Amounts wagered

N/A

 

Number of customers

N/A

 

Total number of betting/gambling premises

Three land-based casinos.

 

Stake tax take

Variable on revenue between 0.25% and 20%.

What type of licenses are available?

Just DFS currently.

 

How many skins are permitted per license?

N/A

 

How do you apply for a license?

DFS license information is available here: https://www.colorado.gov/pacific/dora/Fantasy_Contests 

 

What are the integrity fees?

N/A

 

What is the current tax rate?

N/A

 

Is there a self-exclusion register in the state?

Yes, available here: http://www.problemgamblingcolorado.org/content/self-exclusion

Is sports betting legal? 

No

Sports betting is not currently legal in Colorado. However, Governor Jared Polis recently signed a bill that would legalize sports betting in the state which will now go back to voters to approve. If approved, Bill H 1237 will allow for three types of licenses: master license, sports betting operator and internet sports betting operator.

 

Regulator details

Colorado Division of Gaming

17301 W. Colfax Ave.

Suite 135

Golden, CO 80401

303-205-1300

dor_gamingweb@state.co.us

https://www.colorado.gov/pacific/enforcement/gaming

 

Director: Donia Amick

 

Is sports betting permitted online?

Sports betting is not permitted online in Colorado, but could be possible if bill H 1327 is approved. Operators may be encouraged to know that Colorado was the first state to legalize the recreational use of marijuana in 2012.

 

Is there any specific legislation for daily fantasy sports?

Yes. Colorado was the fifth state to regulate DFS back in 2016. Despite entering into law last year, license fees and tax rates are still to be decided.

 

What legislation, if any, is currently pending?

None