Colorado Online Sports Betting

It’s official, sports betting is live in Colorado! Voters approved the measure in early November 2019 by a narrow 2.5 percentage points leading to what is now statewide retail and online sports betting. The state’s first legal bets were placed on May 1, 2020.

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The sports betting bill, referred to as Proposition DD, allows any of the states 30+ casinos to apply for a license and form partnerships for both online and retail betting.

Sports Betting in Colorado

  • The 10% tax rate is one of the lowest we have seen in the US market which could lead to some great promotions
  • A license costs $125,000 and is valid for 2 years
  • Operators can offer betting on professional and college sports
  • One skin per license
  • No prop betting
  • Bettors can register online remotely, meaning in-person registration is not required
  • Any of the states 30+ casinos can apply for a license and form partnerships for both online and retail sports betting
  • Estimated $10.4 million in tax revenue for the state of Colorado
  • Casinos are allowed to set limits on sports wagers, unlike existing table games which are capped at $100 by the Colorado Constitution

Colorado Online Sports Betting Basics

Age

You must be at least 21 years old in order to engage in sports betting in the state of Colorado. This applies for both online wagers, and those placed at retail sportsbooks. This is very much par for the course for casino and sportsbook participation in other U.S. states.

Location

To place a bet on sports with a Colorado online sports betting site you must be physically located within the state. Online sportsbooks implement geo-location software into their platforms in order to certify that this requirement is met. While a plug-in is required for desktop sites, mobile apps can automatically use the GPS capabilities of the mobile device to meet this requirement.

Of note, you do not have to be a resident of Colorado, you just have to be physically present within the state’s borders at the time you place a wager.

Registration

Registration varies per site, but generally follow the same procedures. The first step is to create a profile. This will typically involve entering personal information such as name, email address, mailing address, phone number, and the last four digits of your social security number for identity verification and taxes.

Banking Options

Once the registration process is complete, users will have the option to fund their account. Rest assured, all available methods are both safe and secure. Banking options vary by site but the most popular choices include:

  • Visa/Mastercard
  • PayPal
  • ACH/eCheck
  • Online bank transfer
  • Paper Check
  • Cash at the casino cage
  • Site-specific prepaid debit cards

Active Colorado Online Sportsbooks

Online sports betting officially began in Colorado on May 1, 2020, with four sites going live. Each retail casino in the state is eligible to host one online sports betting skin. Some gaming companies own more than one property, like Century Casinos, which is why you see them represented multiple times.

Current, active online bookmakers in the state include:

Mobile SportsbookCasino PartnerSports Betting ProviderLaunch Date
DraftKingsMardi Gras CasinoKambiMay 1, 2020
FanDuelGolden Gates CasinoIGTMay 1, 2020
BetRiversJ.P. McGills Hotel & CasinoKambiMay 1, 2020
BetMGMMidnight Rose Hotel & CasinoROAR DigitalMay 1, 2020
BetMonarchMonarch Casino Black HawkStadiumMay 11, 2020
FOX BetLady Luck CasinoThe Stars GroupMay 19, 2020
SBK SportsbookBronco Billy's CasinoSmarketsJune 4, 2020
Sky Ute SportsBookSky Ute Casino ResortUSBookmakingJune 9, 2020
Circa SportsCentury CasinosIGTJuly 1, 2020
BetWildwoodWildwood CasinoISIJuly 21, 2020
Elite SportsbookRed Dolly CasinoGVCAugust 12, 2020
theScoreJacobs Entertainment Inc.Bet.WorksSeptember 2, 2020
William HillIsle Casino HotelWilliam HillSeptember 8, 2020
BetfredSaratoga Casino Black HawkPlaytechSeptember 10, 2020
Sportsbetting.comJohnny Nolan's CasinoCarouselSeptember 16, 2020
Bet365Century CasinosTBATBA
Barstool SportsbookAmeristar Black HawkPENN InteractiveTBA
BetAmericaFull House ResortsChurchill Downs Inc.TBA
BetssonDostal Alley CasinoTBATBA
PlaySportsWild Card Saloon, Sasquatch CasinoIGTTBA
PointsBetDouble Eagle Hotel and CasinoPointsBetTBA
SuperBook USAThe Lodge CasinoMiomniTBA
Wynn ResortsFull House ResortsScientific GamesTBA

DraftKings

  • Launch Date: May 1, 2020
  • Tech Partner: Kambi
  • Casino Partner: Mardi Gras Casino

DraftKings Sportsbook is live in Colorado. The DFS powerhouse announced an agreement with Twin River on January 27th, 2020, confirming its long suspected presence in the Centennial State. As is in other states, renowned tech provider Kambi powers DraftKings in Colorado.

Just days before its agreement with DraftKings, Rhode Island based Twin River Worldwide Holdings closed on the $51 million purchase of three Colorado properties including Golden Gates, Golden Gulch, and the Mardi Gras Casino where DraftKings will handle retail sports betting.

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FanDuel

  • Launch Date: May 1, 2020
  • Tech Partner: FanDuel
  • Casino Partner: Golden Gates Casino

Like its DFS rival, FanDuel announced its Colorado partnership, also with Twin River, on January 27th, 2020. FanDuel uses one of Twin River’s licenses in order to accept wagers in CO. Having already established itself as a leader in New Jersey, Pennsylvania, and other regulated markets, FanDuel is poised to experience similar success in Colorado.

For the time being FanDuel does not plan to open a retail sportsbook in Colorado, and will focus solely on online betting, which began May 1st.

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BetRivers

  • Launch: May 1, 2020
  • Tech Partner: Kambi
  • Casino Partner: J.P. McGills Hotel & Casino

Rush Street Interactive, the parent company of BetRivers, has been awarded a sports betting license in the state and has partnered with the J.P. McGills Hotel & Casino in Cripple Creek. BetRivers helped open the Colorado sports betting industry, accepting its first bets on May 1, 2020.

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BetMGM

  • Launch: May 1, 2020
  • Tech Partner: ROAR Digital
  • Casino Partner: Midnight Rose Hotel & Casino

BetMGM is live in Colorado! MGM and GVC Holdings came together to form ROAR Digital, which is now active in Colorado. BetMGM is the company’s primary online sports betting platform. BetMGM is partnered with the Midnight Rose Hotel & Casino in Cripple Creek.

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BetMonarch

  • Launch: May 11, 2020
  • Tech Partner: Stadium Tech
  • Casino Partner: Monarch Casino Black Hawk

BetMonarch was the first online sportsbook to launch in Colorado after the state’s first, initial wave. Betting began on on May 11, 2020, with a fully functional mobile sports betting app for iOS and Android devices. The app is named after its retail casino sponsor, the Monarch Casino in Black Hawk.

FOX Bet

  • Launch: May 19, 2020
  • Tech Partner: The Stars Group
  • Casino Partner: Lady Luck Casino

FOX Bet made Colorado its third U.S. state, officially opening for business on May 19, 2020. It uses the Lady Luck Casino in Black Hawk as its licensing partner for CO. The marriage between FOX and TSG has been a juggernaut in both New Jersey and Pennsylvania – expect no different in Colorado.

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SBK Sportsbook

  • Launch Date: June 4, 2020
  • Tech Partner: Smarkets
  • Casino Partner: Bronco Billy’s

On September 4th, 2019 Smarkets announced a long-term partnership with Full House Resorts to bring its online sports betting product, under the SBK Sportsbook name, to both Colorado and Indiana. SBK Sportsbook CO officially went online on June 4th, 2020.

UK-Based Smarkets is known primarily in Europe as a betting exchange, although it has recently rolled out traditional sportsbook offerings in the United States – like SBK.

Sky Ute SportsBook

  • Launch Date: June 9, 2020
  • Tech Partner: USBookmaking
  • Casino Partner: Sky Ute Resort

Through a partnership with tech provider USBookmaking, The Sky Ute Resort in Ignacio, CO, launched its own sports betting platform. The Sky Ute SportsBook offers online wagering statewide, officially beginning on June 9th, 2020.

The Sky Ute Casino Resort is a tribal facility, owned and operated by the Southern Ute Indian Tribe. It is located on reservation in the southwest corner of the state, close to New Mexico.

Circa Sports

  • Launch Date: July 1, 2020
  • Tech Partner: IGT
  • Casino Partner: Century Casinos

In February 2020, Vegas-based Circa Sports announced a 15-year agreement with Colorado’s Century Casinos. While no retail experience is expected for the state, online betting began on July 1st, 2020. A website and sports betting mobile apps are both available throughout Colorado.

Further expansion to other states is also possible for Circa Sports, having stated its intentions to be a multi-state leader within the industry.

BetWildwood

  • Launch Date: July 21, 2020
  • Tech Partner: ISI
  • Casino Partner: Wildwood Casino

BetWildwood, another local Colorado name, debuted its online sportsbook app on July 21, 2020. It is able to accept wagers throughout the state using its own master license, via the Wildwood Casino. ISI Race & Sports is the tech provider for the popular CO sportsbook.

Elite Sportsbook

  • Launch Date: August 12, 2020
  • Tech Partner: GVC
  • Casino Partner: Red Dolly Casino

Elite Sportsbook has made Colorado its second state of operation, following its home state of Iowa. The site runs on the GVC platform, and is partnered in Colorado with the Red Dolly Casino. Online betting with Elite Sportsbook began on August 12, 2020.

theScore

  • Launch Date: September 2, 2020
  • Tech Partner: Bet.Works
  • Casino Partner: Jacobs Entertainment Inc.

Score Media and Gaming Inc. confirmed on January 24th, 2020, that it would be bringing its mobile sports betting app, theScore Bet, to Colorado. It does so through a new relationship with Jacobs Entertainment Inc. theScore launched its Colorado online sports betting app on September 2nd, 2020.

Founded in Canada, theScore is a digital media company with a broad reach. It now seeks to introduce users of its immensely popular content app to mobile sports betting in the United States. theScore was announced in January of 2020 as the official Authorized Betting Operator of the NBA in a multi-year deal that awards access to official league logos and betting data.

William Hill

  • Launch Date: September 8, 2020
  • Tech Partner: William Hill
  • Casino Partner: Isle Casino Hotel

William Hill, in conjunction with Eldorado Resorts, is accepting bets in Colorado. William Hill serves as the sponsor for the retail sportsbook at both Eldorado properties in the state: Isle Casino and Lady Luck.

In addition, William Hill launched its online sportsbook, for those that don’t want to visit the casino, on September 8, 2020. It opened just in time for the NFL season. William Hill brings decades of valuable experience to the Colorado online sports betting market.

Betfred

  • Launch Date: September 10, 2020
  • Tech Partner: Playtech
  • Casino Partner: Saratoga Casino Black Hawk

In January 2020 it was announced that Betfred would throw its hat in the Colorado sports betting ring through a partnership with the Saratoga Casino Black Hawk. The Betfred online sports betting platform began accepting bets on September 10th, 2020.

Betfred is the world’s largest privately owned retail bookmaker. The UK-based operator currently runs more than 1,500 retail betting shops and an industry leading mobile app in its home country. Betfred brings more than 50 years of experience in international sports betting to the state of Colorado.

Sportsbetting.com

  • Launch Date: September 16, 2020
  • Tech Partner: Carousel
  • Casino Partner: Johnny Nolan’s Casino

Sportsbetting.com launched its online sports betting product in the state of Colorado on September 16, 2020. It is the primary brand of the Carousel Group, which handles the tech side of the book. The site operates through a license agreement with Johnny Nolan’s Casino in Cripple Creek.

Colorado is the first active state for the company, though nationwide expansion is expected.

Arriving Soon in Colorado

The following sportsbooks will be arriving soon in Colorado, but have yet to officially launch. We will update accordingly as they go live.

PointsBet

  • Launch Date: TBD
  • Tech Partner: PointsBet
  • Casino Partner: Double Eagle Hotel and Casino

Cutting-edge bookmaker PointsBet is eager to bring their premium product to Colorado. It began a multi-year partnership with the Double Eagle Hotel and Casino, one of the most popular casino and hotel destinations in the state, in July of 2019. The agreement actually predated Proposition DD, which didn’t pass until November, demonstrating PointsBet’s keen interest in the state. In late 2019 PointsBet established their western base of operations in Denver, solidifying its Colorado presence.

PointsBet, a relative newcomer in the online sports betting space, has made waves in other states like New Jersey and Iowa by offering excellent variety on its betting sheet. Their exclusive PointsBetting wagers have carved out a large following as a high-risk, high-reward way to enjoy a game.

Wynn

  • Launch Date: TBD
  • Tech Partner: Scientific Games
  • Casino Partner: Full House Resorts

Wynn Resorts has entered an agreement with Full House in order to offer its mobile sports betting product to the state of Colorado. Synonymous with Las Vegas luxury, Wynn seeks to bring the same premium gaming experience to its online bettors.

In April of 2019 Wynn Resorts announced a partnership with tech provider Scientific Games to power its online sportsbook operation. It is expected to launch first in New Jersey, before expanding to additional states like Colorado.

BetAmerica

  • Launch Date: TBD
  • Tech Partner: Churchill Downs Incorporated
  • Casino Partner: Full House Resorts

Churchill Downs Incorporated (CDI) announced on September 9th, 2019 that it would pair with Full House Resorts to bring its online sports betting platform to Colorado. Its online wagering product will operate under the familiar BetAmerica name, while the retail sportsbook will run from the Bronco Billy’s Casino and Hotel in Cripple Creek, Colorado.

BetAmerica plans to offer those in Colorado the ability to wager on all major sports including the NFL, NHL, MLB, and college athletics. World sporting events, early cash outs, and in-game betting will also be available on this CDI offering.

SuperBook USA

  • Launch: TBD
  • Tech Partner: Miomni
  • Casino Partner: The Lodge Casino

SuperBook USA, which runs what is widely accepted as the biggest sportsbook in the world, the Westgate SuperBook in Las Vegas, is coming to Colorado. Superbook USA has agreed to terms with the Lodge Casino in Black Hawk to serve as both the mobile, and retail sportsbook sponsor on location.

The Westgate Las Vegas SuperBook is home to one of the industry’s largest handicapping contests, the SuperContest. The company has confirmed it intends to export the popular draw to Colorado, pending approval from the Colorado Division of Gaming.

Penn National Gaming / Barstool Sportsbook

  • Launch: TBD
  • Tech Partner: TBD
  • Casino Partner: Ameristar Black Hawk

Penn National Gaming has also been approved for a sports betting license by the Colorado Limited Gaming Control Commission. It’s unclear which online skins will be hosted on this license, though the Ameristar Black Hawk, the company’s property in the state, is expected to serve as its home base. Colorado may well be home to one of the nation’s first Barstool Sportsbooks.

Potential Participants

With more than 30 casinos in the state and a historically low tax rate, the partnerships are seemingly endless for online sportsbooks in Colorado. We expect more big names to enter the scene soon. Names could include:

  • bet365
  • Unibet
  • 888

Colorado Retail Sportsbooks

Like their online counterparts, brick-and-mortar casinos are new for Colorado. Proposition DD, the important measure that passed in November 2019, laid the groundwork legislation for both types of sports betting.

Colorado bettors aren’t short of options with more than 30 casinos in the state, many of which will, or already have retail betting facilities.

Betting Options in Colorado: We’ve Struck Gold

In April 2020 Colorado approved and announced its sports betting catalog, which includes an incredible 48 different sports and events. To engage with those 48 sports, there are more than 1,000 specific bet types. For the time being NCAA sports will be off limits, though, that is expected to be revised in due time.

On top of standard American sports, Colorado bettors can wager on eSports, Gaelic Games, floorball, handball, snooker, darts, beach volleyball, badminton, water polo and more. Winter sports including those at the Olympics and the X-Games are also on the betting sheet.

How US Online Sports Betting Efforts Began

In May 2018, the U.S. Supreme Court overturned the Professional And Amateur Sports Protection Act, which was followed shortly by the legalization of online sports betting in New Jersey.

Since then, either through grandfathered laws or newly approved legislation, more than a dozen states and Washington, D.C. have implemented or are poised to begin some form of legalized sports betting.

The Prospect Of Colorado Online Sports Betting Started With The Gold Rush

Colorado’s history with gambling is rooted in the Gold Rush, where unregulated casinos sprung from the boulders and were stocked with suspicious characters who took aim at prospectors and the gold they brought out from the hills. It was from these camps that many of Colorado’s cities were born.

One such town was Leadville, Colorado. Founded by mine owners, Leadville had more than 150 gambling establishments and was home to famed gamblers such as Poker Alice, Bat Masterson and Doc Holliday. Gambling was so prevalent it was considered by many to be a profession as revered as clergyman or doctor.

In 1822, Brown’s Saloon, technically in Wyoming, but along the border with Colorado and Utah serving as a watering hole – the first actually – doling out “firewater” (whiskey and brewed beer at room temperature). 

It also was a gambling parlor where fur trappers would wager their small fortunes playing poker and faro, a late 17th-century French card game. 

It would be 169 years from that meager start that a more lawful gambling landscape would emerge, making the way for nearly 40 casinos operating in Colorado.

Colorado’s Gambling Timeline

1983: The Colorado Lottery is established with its first scratch cards. It’s first drawing was April 23, 1983. 

1991: There was a long gap between illegal establishments to legally sanctioned casinos. In three locations, Black Hawk, Cripple Creek and Central City, small-stakes casinos were OK’d to open. The maximum stakes were $5 on slots, poker and blackjack. A curfew of 2 a.m. also was imposed. Almost simultaneously, in the southern portion of the state, two Ute tribes opened casinos using the state guidelines as well.

1995: Both the Mountain Ute and Southern Ute tribes entered into compact with the state of Colorado to conduct casino-style gaming on reservation land. They added Keno.

1999: The Bingo-Raffle Advisory board, which license charity games, is created. Charity games include “Las Vegas” or “Monte Carlo” charity casino events as well as bingo and raffles and are only open to non-profit organizations to raise funds for their good causes.

2001: Powerball became available as part of the Colorado Lottery.

2005: Online gambling is covered by existing laws, according to the state Attorney General, saying it falls under the blanket definition of gambling, and is not legal. 

2008: Amendment 50, which allows residents of the three licensed casino towns to vote on extending the facilities’ operations to around the clock (beyond the 2 a.m. curfew). Table limits also increased to $100 and revenues pledged to Colorado’s community colleges. Craps and roulette are added to list of available games.

2009: Mega Millions was approved as part of the Colorado Lottery.

2019: On November 5th, 2019, Colorado voted in favor of Proposition DD. The Legalize Sports Betting with Tax Revenue for Water Projects Measure passed by a narrow margin of less than 3%. With more than 1.5 million votes cast, less than 50,000 votes separated the two sides. Revenue from the 10% tax on sports betting will be used to create and fund the Water Plan Implementation Cash Fund within the state.

2020: Legal sports betting officially launched in Colorado on May 1st, 2020.

Check this page often for news, updates and learnings on online sports betting in Colorado

(Top Photo: Ron Chenoy/USA TODAY Sports)

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