Colorado is one of only five states in the nation at which all six major kinds of gambling are permitted in some capacity, including charitable, parimutuel, commercial, tribal, racetrack and lotteries. Limited casinos and other gambling venues like card rooms are lawful if correctly licensed through the country while off-track betting on dogs and horses through parimutuel wagering, societal betting, charitable games, bingo and raffles will also be allowed.
Best Betting Websites for Colorado
We don’t endorse or provide opinions on sports gambling operators in your area.
*Terms and Conditions apply to each of bonus offers on this website. Stop by operator for details.
Gaming Laws in Colorado
The Colorado Limited Gaming Act of 1991 states that”the achievement of limited gaming is dependent upon public confidence and trust that licensed limited gaming is conducted honestly and competitively; that the rights of the creditors of licensees are protected; and that gaming is free from criminal and corruptive elements.” This can be maintained through strict regulation and licensing of gambling establishments while protecting the sponsors in Colorado.
The Colorado Limited Gaming Control Commission was put in place to apply the regulations and rules governing limited gaming within the state, including the gaming tax rate. The Commission resides at the Division of Gaming, that is part of the Department of Revenue which approves the budget and allocates money to other state departments Tribal Casinos
There are two Native American casinos in Colorado, the Sky Ute Casino and the Ute Mountain Hotel & Casino, both of which are owned and operated by the Ute Tribe of Colorado. The Sky Ute Casino offers slot machines, table games like blackjack, bingo and a poker room that has regular Omaha and Texas Holdchampionships. The Ute Mountain Hotel & Casino also includes slots using TITO (ticket-in, ticket-out) technology, video poker plus live blackjack, poker, bingo and keno games.
Sports Betting at Colorado
Regardless of the presence of restricted casinos and gaming, Colorado State Code 18-10-101 specifically prohibits any gambling of money or land on the results of any sport. Thus, sports betting in the state of Colorado is deemed illegal.
Even though there are no sportsbooks available at physical locations or online from the state of Colorado, bettors still have the chance to choose from many offshore alternatives. Offshore sportsbooks are widely considered to be a much safer choice than local bookmakers. Along with having the ease of placing bets directly from a personal computer or mobile apparatus and a variety of alternatives, online bettors can trust dependable and well-reviewed offshore books to always provide lines and cover out, which may not always be the case for local bookies.
Poker and Casino at Colorado
In addition to tribal casinos, limited casinos can also be available from the cities of Central, Black Hawk and Cripple Creek, that can be 3 historical gold mining towns. You will find 15 casinos combined at these 3 cities, such as the Ameristar Casino & Hotel, the Isle of Capri Casino Hotel and the Lady Luck Tower. The Ameristar opened in Black Hawk back in 2001 with a luxury resort and spa, along with the casino features 1,500+ slot machines, a dwell blackjack pit with 14 tables, three reside tables each for craps and roulette and also an 18-table poker room.
There’s currently no online gambling in the state of Colorado, such as poker. In 2012, the Colorado Gaming Association did draft an internet poker bill to regulate it modeled after a statement in New Jersey, but it’s yet to be introduced into the legislature. No matter online games appeal to curious players who can pursue offshore sites so as to participate.
Gambling Options in Colorado
Off-track betting on dogs and horses throughout parimutuel wagering, social and charitable gambling also bingo and raffles regulated from the Secretary of State are all permitted.
The Colorado Lottery began in 1983 with one scratch game and has grown to include a lot larger jackpot games such as Powerball, Mega Millions, Lotto and Cash 5. Profits from the lottery are utilized to improve and support parks, recreation, open space, conservation education and wildlife projects through partners like Great Outdoors Colorado (GOCO), the Conservation Trust Fund and Colorado Parks and Wildlife.
Read more: todaysportsnews.org