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Industry
May 20, 2025
Colorado Gov. Passes HB 1311, Ending Sportsbook Promo Deductions
Colorado’s House Bill 1311 has been signed into law, marking a key change to how sportsbooks are taxed. The bill will effectively eliminate tax deductions that sports betting operators previously enjoyed, minimizing their incentive to offer promotions. Colorado to End Sportsbook Promo Deductions in 2026 Previously, the Centennial State allowed sportsbooks to deduct the free […]
Sports
May 8, 2025
Colorado to Phase Out Sportsbook Promo Deductions by 2026
For the most part, sportsbooks have had a great time. Their promo bonuses are treated as deductibles, which allows them to promote their brand, boost customer acquisition, and even save on tax. But this strategy may no longer be viable in Colorado, after the state Senate on Tuesday passed HB 1311 with an overwhelming majority. […]
Lottery
May 2, 2025
Colorado Lotto+ Ticket Wins $12.4M, Winner Yet to Claim Reward
The Colorado Lottery has announced that it is on the lookout for a winner who has won $12,445,438 from the Colorado Lotto+ game. The winner bought the ticket at QuikTrip on 16791 Market St. in Parker and can opt for the cash option, which will put their winnings at $6,222,719. The lottery urged players to […]
Industry
April 23, 2025
Bill 1311 Plans to End Colorado Free Sports Wager Tax Break
House Bill 1311 (HB25-1311), introduced by State Sen. Dylan Roberts (D), recommends increasing revenue from operators by taxing the free wagers given out by sportsbooks. House Bill 1311 Aims to Boost Water Fund The idea is to bolster the state’s water fund by ending the tax deduction that sportsbook operators take from free bets offered […]
Legal
April 8, 2025
Colorado Seeks to Dismiss Tribal Sports Betting Lawsuit in Federal Court
Colorado Governor Jared Polis and Colorado Division of Gaming Director Christopher Schroder have filed a motion to dismiss a federal lawsuit brought by the Southern Ute Indian Tribe and the Ute Mountain Ute Tribe, potentially bringing an end to a high-stakes court battle over tribal sportsbook rights in the state. The outcome of this case […]
Industry
March 21, 2025
Black Hawk, Colorado, Joins National Association Against iGaming
Black Hawk, a city in Colorado has joined the National Association Against iGaming (NAAiG), reflecting the local government’s firm opposition to online casinos. Black Hawk is notably the first municipality to join the new coalition. NAAiG Opposes the Expansion of Online Casinos The NAAiG, for context, is a coalition of local businesses, industry veterans, community […]
Business
March 11, 2025
Full House Resorts Adds Brandon Lenssen as VP and GM of Chamonix
American casino developer Full House Resorts announced that it has appointed Brandon Lenssen as vice president and general manager of its Chamonix Casino Hotel in Cripple Creek, Colorado. A highly experienced individual, Lenssen will contribute to the property’s vision to deliver a world-class experience. Full House Enhances the Chamonix Team According to Full House Resorts, […]
Casino
January 31, 2025
Gambler in Colorado Sets Jackpot Record with $1M+ Win
Wholesome stories about jackpot winners excite and inspire others to try their luck, be that the heart-warming story of a couple who won $7 million and vowed to use it to raise their family, educate themselves better or the jackpot winner in California who is seeking to get the other half of a $400 million […]
Sports
January 3, 2025
Colorado Sports Betting on the Rise in November 2024
Colorado is seeing an increase in its monthly sports wagering results, with the state data-collector, the Department of Revenue, reporting that a total of $647,951,807 worth of wagers was handled in November. This has been the highest recorded month of sports betting handle, with the only exception of December 2023, when the state saw its […]
Casino
December 26, 2024
Man Sentenced to Five Years in Prison After Casino Officer Assault
Daniel Lehi, a 44-year-old resident of Towaoc, Colorado, has been sentenced to five years in prison after pleading guilty to assaulting a casino security officer. The act was equivalent to assaulting a federal employee, a criminal offense. Federal Officer Attacked at Casino in Colorado The man Lehi assaulted was identified as a federal officer at […]
