by Daniel Borjas | Jan 17, 2020 10:43 am | Sports Betting
There are more than 50 applicants interested in running sportsbooks in Colorado. The commission controlling sports betting in Colorado finished drafting the rules on Thursday. Sportsbooks will likely open in Colorado after May 1. DENVER – There have been over 50...
by Michael Molter | Dec 31, 2019 11:05 am | Revenue
The total money wagered at licensed sportsbooks throughout 2019 broke the $11 billion mark. Over $750 million was kept by sportsbooks as revenue from bettors’ losing wagers. With mobile betting becoming standard, 2020 should see over $20 billion wagered. LAS VEGAS –...
by Shamiya Harris | Dec 22, 2019 9:41 am | Sports Betting
The newly legalized sports betting taxation will not fully help with Colorado’s water issue. Voters expected sports betting to accumulate $1.5 million and $1.7 million in tax revenue in 2020-2021. Colorado sports betting will launch in the late spring of 2020. DENVER...
by Christina Monroe | Dec 19, 2019 11:45 am | Regulatory
Over 20 states will have legalized sports betting in 2020. The three biggest states for the market are not part of those states but have been in favor of legalization. California, Florida, and Texas have faced either tribal or political opposition on the issue....
by Daniel Borjas | Dec 6, 2019 1:22 pm | Regulatory
Colorado sports betting was legalized thanks to a voter referendum. Many stakeholders will meet to discuss the upcoming rules and regulations. Colorado sports betting will not start until May at the earliest. DENVER – Colorado sports betting stakeholders will meet on...
