Colorado is one of just five states in the country at which all six main types of gambling are permitted in at least some capacity, such as charitable, parimutuel, commercial, tribal, racetrack and lotteries. Restricted casinos and other gaming venues like card rooms are lawful if properly licensed through the state while off-track gambling on dogs and horses through parimutuel wagering, social betting, charitable games, bingo and raffles will also be permitted.
Best Betting Websites for Colorado
We do not endorse or provide opinions on sports gambling operators in your area.
*Terms and Conditions apply to each of bonus offers on this site. Stop by operator for details.
Gambling 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 restricted 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 is maintained through strict regulation and licensing of gambling establishments while protecting the patrons in Colorado.
The Colorado Limited Gaming Control Commission was put in place to enforce the rules and regulations regulating 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 that approves the funding and allocates cash to other state branches 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, blackjack, bingo and a poker room which has regular Omaha and Texas Hold’em tournaments. The Ute Mountain Hotel & Casino also includes slots with TITO (ticket-in, ticket-out) technologies, video poker plus live blackjack, poker, bingo and keno games.
Sports Betting in Colorado
Despite the presence of restricted casinos and gaming, Colorado State Code 18-10-101 specifically prohibits any betting of money or land on the results of any sport. Thus, sports betting in the state of Colorado is deemed illegal.
Though there are not any sportsbooks accessible at physical locations or online in the state of Colorado, bettors nevertheless have the chance to choose from many offshore alternatives. Offshore sportsbooks are widely considered to be a far safer option than local bookmakers. Along with having the ease of placing bets directly from a computer or mobile apparatus and a variety of options, online bettors can trust dependable and well-reviewed offshore books to always provide lines and pay out, which may not always be the situation for local bookies.
Poker and Casino at Colorado
Besides tribal casinos, restricted casinos are also available in the cities of Central, Black Hawk and Cripple Creek, which can be 3 historical gold mining towns. There are 15 casinos combined in these 3 towns, including 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 hotel and spa, along with the casino features 1,500+ slot machines, also a live blackjack pit with 14 tables, three reside tables each for craps and roulette and an 18-table poker room.
There is currently no online gambling in the state of Colorado, such as poker. In 2012, the Colorado Gaming Association did draft an online poker bill to regulate it modeled after a bill in New Jersey, but it has yet to be introduced to the legislature. No matter online games appeal to interested players who can still pursue offshore websites so as to participate.
Other Gaming Options in Colorado
Off-track gambling on dogs and horses throughout parimutuel wagering, social and charitable gambling also bingo and raffles regulated by the Secretary of State are permitted.
The Colorado Lottery began in 1983 with a single scratch game, and it has grown to include much bigger jackpot games like Powerball, Mega Millions, Lotto and Cash 5. Gains from the lottery are utilized to improve and encourage parks, recreation, open space, conservation education and wildlife jobs through partners like Great Outdoors Colorado (GOCO), the Conservation Trust Fund and Colorado Parks and Wildlife.
Read more: manchesterinnews.com