As known from:
US Gambling Sites / News / Colorado Sports Betting Goes Live This Weekend

Colorado Sports Betting Goes Live This Weekend

Publish Date: 30/05/2021
Fact checked by: Mark Lewis

Back in the day, Colorado and other western states were the lands you went to gamble. Who hasn't seen a movie about the old west and noticed the people playing cards for money? But that time is long past.

In recent years it's been east coast states like New Jersey and Pennsylvania that have offered up gambling online for their residents. Meanwhile, the western states have held back. That has led to a ton of black market illegal gambling in those states – without any regulation or safety checks.

That will start to change this weekend as Colorado begins offering online sports betting from regulated online casinos. The legalization was spurned on by two factors. One the desire to put black market book making out of business. Secondly was the desire for the state to claim the 10% tax on all gambling in the state.

Online betting firms are very optimistic about online sports betting in Colorado – and not just because of the revenue they will get from that state. They feel that once neighboring states see how well online gambling in Colorado is going it will make it much easier for them to authorize sports betting. They see Colorado as the first state to start a domino effect on the west coast. They could lead to many of their neighbors legalizing sportsbook online sites as well.

“For us, the regulators have been great to work with,” said Jamie Shea, head of the sportsbook digital for DraftKings Sportsbook. “It’s just been really some good back and forth, working together. We all want to see the sports betting industry flourish in every way. … We all have the same goal. Working with the legislators and regulators in Colorado, it’s been great to see their enthusiasm.”

Sports betting is also seen as a stepping stone to additional betting options being available down the line. Once people get used to betting on sports they will ask the legislature to authorize slot machines, poker, and other casino gambling games a few years down the line.

Read Also
Imperial Koi makes a splash debut at Chumba Casino
This week, Chumba Casino looks to reel in new and existing players ...
Can I bet on American sports in Canada?
As you may already know, online and in-person sports betting is legal ...
Bet365 Promo
captaingambling Weekly: Legalization of Sports Betting in Michigan draws nearer and other news…
With the year gradually coming to an end, there are some exciting ...
Epic Risk Management Joins The National Council On Problem Gambling
Epic Risk Management will work with the National Council On Problem Gambling ...
captaingambling Weekly: DraftKings Online Debuts in Pennsylvania, and other news...
There are new events in the gambling word every day. Some news ...
Top Brands
Top Promos
McLuck Promo
7.500 Gold Coins + 2,5 Sweepstakes Coins
T&Cs apply
Wow Vegas
Wow Vegas Promo
1.75M WOW Coins + 35 Free Sweepstake Coins
T&Cs apply
4.7/5 Promo
$55 Stake Cash + 260K Gold Coins + 5% Rakeback
T&Cs apply
Get the latest updates in Sports and Casino via our Newsletter
Our Team
Mark LewisJosh SchwartzDrew the DFS GuyDan HolmesMike Goodpaster
Mark Lewis
Mark Lewis
Josh Schwartz
Josh Schwartz
Drew the DFS Guy
Drew the DFS Guy
DFS Expert
Dan Holmes
Dan Holmes
Sports Writer
Mike Goodpaster
Mike Goodpaster
Get the latest updates in Sports and Casino via our Newsletter

21+ and present in VA. Gambling Problem? Call 1-800-GAMBLER.

This site is using Cloudflare and adheres to the Google Safe Browsing Program. We adapted Google's Privacy Guidelines to keep your data safe at all times.

Virginia Town HallCloudflareSSLco² neutral
Your Promo Code:
The bonus offer of was already opened in an additional window. If not, you can open it also by clicking the following link:
Play now