Colorado & Arizona Experience Sports Betting Handle Declines in March
Colorado and Arizona both reported declines in sports betting handle for March. Despite the drops, revenue remained strong as sportsbook hold increased.
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Colorado and Arizona both reported declines in sports betting handle for March. Despite the drops, revenue remained strong as sportsbook hold increased.
The Colorado sports betting market could undergo a major overhaul if a bill passed Wednesday by the state legislature receives approval from Gov. Jared Polis.
Colorado lawmakers have approved legislation that would introduce new restrictions on online sports betting, including limits on daily deposits and a ban on promotional push notifications sent through gambling apps.
Colorado legislators moved closer to major changes to the state’s sports betting laws after House members sent an amended measure back to the Senate, but the bill is up against the clock.
A measure enhancing responsible gaming standards in Colorado advances as two House subcommittees approve Senate Bill 26-131. The House Finance Committee passed the bipartisan bill by a 9-2 vote.
The wide-ranging Colorado responsible gambling and sports betting protections bill passed through its first House committee on Monday evening, as its sponsors insisted it is not intended to be “antagonistic” to the industry.
A bill in Colorado that adjusts sports betting rules is advancing to the House after the Senate removed details about an advertising ban.
A bill in Colorado targeting sportsbook restrictions moves to the Senate floor without a ban on prop betting.