..

Colorado Sports Betting Pros and Cons - Latest News

Written by:
Aaron Goldstein
Published on:
Nov/12/2019

Gambling911.com has all your latest news as it pertains to legalized sports betting in Colorado.  First we take a quick look at some of the pros and cons.  The only significant limitation we see in Colorado is the inability to place bets on player props with college sports including March Madness.  The overall response towards Iowa sportsbook apps from the get-go have been mostly positive.

Pros Cons
*Mobile sports betting available *On-site sports betting only available in three remote towns
*No need to register on-site *No player prop bets offered on college sports
*Betting on state college teams allowed *Social security number submission and potential paper trail and tax on winnings under certain circumstances
*Debit cards, credit cards can be used to open betting account and receive payment *Not available until May 2020 with some additional rules likely
*No set betting limits *No betting on credit

PointBet Details Colorado Sports Betting Launch

Australian wagering firm PointsBet was quick to set up an office in Downtown Denver and this week outlined plans to launch sports betting some time this coming spring (2020).

Residents narrowly voted to allow sports betting in the state last week.

The Colorado Division of Gaming is now in the process of establishing rules and regulations for the Colorado sports betting market, and PointsBet has said it will work with the regulator to help launch sports betting.

They will be joining forces with Double Eagle Hotel and Casino in Cripple Creek to offer both a retail sportsbook and mobile site.

The on-site venue is expected to include a sports bar, a multi-screen video and odds display wall, viewing parties for major sporting events and extra casino gaming options.

PointsBet currently operates in New Jersey and Iowa.

More Information

Colorado Voters Narrowly Approve Sports Betting

Prop DD Sports Betting Iniative in Colorado Results Coming In

Can I Place Sports Bets With PointsBet in Colorado?

- Gilbert Horowitz, Gambling911.com

Gambling News

Connecticut Lawmakers Considering Sports Wagering Once Again

Connecticut Lawmakers Considering Sports Wagering Once Again

Lawmakers were urged Tuesday to finally legalize sports betting and internet gambling after years of debate. 

IGT and FanDuel Group Bring Omnichannel Sports Betting to Michigan

IGT and FanDuel Group Bring Omnichannel Sports Betting to Michigan

International Game Technology PLC (“IGT”) (NYSE: IGT) announced today that its PlaySports platform is powering the recently launched FanDuel Sportsbook mobile app in Michigan, the latest U.S. state to introduce regulated online sports betting and iGaming. I

Different Types of Gambling, Media Converging for Growth

Different Types of Gambling, Media Converging for Growth

The many different types of gambling are quickly coming together with each other and with media outlets — and Wall Street is taking notice.

Does iGaming in the US Market Have a Serious Impact?

Does iGaming in the US Market Have a Serious Impact?

With the state of Michigan allowing for legalized online casino games in addition to sports betting, Innovation and Strategy Consultant for the gaming industry, David Sargeant, posed the question:  Does igaming make a difference?

Gambling Regulations and its Benefits

Gambling Regulations and its Benefits

Every industry or sector usually have regulatory bodies overseeing conducts and practices. Just like all other sectors with their regulatory bodies, the gambling and casino industry is not left out. 

Syndicate