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Sports
June 16, 2023
Colorado Is Going to Revise Betting Exchange Proposal
In a Thursday vote by the Colorado Limited Gaming Control Commission, three commissioners decided to take no action on currently proposed rules for exchange wagering. Exchanges are a type of betting where two players will set up their odds and be willing to bet against each other – the exchange takes a cut and has […]
Sports
June 8, 2023
ClutchBet Is Now Available in to Players in Colorado
A week after securing micro-betting for its business in Iowa and Colorado, ClutchBet successfully launched its mobile-first online sportsbook in the latter state. The launch comes ahead of the NBA Finals and Stanley Cup Finals, allowing customers to place exciting wagers on these events. Players of legal age in the state can now download the […]
Sports
May 31, 2023
Simplebet Powers ClutchBet with Micro-Betting Products in Iowa and Colorado
A few days after expanding its roster of partners with Hard Rock Digital, Simplebet unveiled another partnership agreement, this time with ClutchBet, a mobile-first sportsbook. Under the agreement, Simplebet, a global specialist in micro-betting products and technology, will provide the operator with short-form wagering offerings. The current deal is focused on Iowa and Colorado and […]
Casino
May 25, 2023
Colorado Arrests 2nd Suspect in 500K Black Hawk Casino Heist
The person in question, Juan Gutierrez-Zambrano, 31, was already charged on May 2 with theft of $100,000 to $1 million and his bail has been set at $525,000, according to court documents. The Man Who Took the Money in the Parking Lot in March The theft at Monarch Casino, Black Hawk happened on March 12 […]
Casino
May 25, 2023
Colorado Governor Blocks Casino Credit Bill
Gov. Jared Polis has found the bill to be vastly inappropriate and said that it was impossible for him to go ahead and approve it. The bill went through some legislative rollercoaster with lawmakers who originally not supporting it, changing their minds, and ultimately sending it to Gov. Polis’ desk. No Credit to Be Extended […]
Legal
May 8, 2023
Colorado House Passes Controversial Gambling Credits Bill
Colorado has introduced a controversial bill to allow casinos to loan money to their players. While some members of the legislature welcomed the proposal, many believe that it will exacerbate harm by allowing players to wager beyond what they can afford. The measure in question, nicknamed SB23-259, seeks to allow casinos to offer credits to […]
Industry
May 1, 2023
Colorado Sports Betting in March Surpassed Super Bowl-Led February
Sports betting in Colorado registered a strong month in March according to the monthly report released by the Colorado Department of Revenue which showed a double-digit increase in betting handle on a sequential basis. Online Betting Domination The report published by the Colorado Department of Revenue revealed that the sports betting handle for March reached […]
Sports
April 21, 2023
Global Leader in Online Sports Betting and Gaming Plans Expansion to Denver
The approval was made during a meeting on Thursday, April 20, 2023, where several projects were considered, including a brand-new office by a global sports betting company, which remains anonymous for the time being. Project Forge Will Create 807 Jobs and Bring a $40M Investment One of the approved projects is Project Forge, an expansion […]
Business
April 4, 2023
Colorado Betting Handle Dips in February but GGR Increases
A new report released by the Colorado Department of Revenue sheds light on the performance of licensed sports betting operators during February. Overall, the betting handle reported by operators this February hit $425.1 million. This result, when compared to the result from the corresponding period in 2022 marked a decrease, considering that back then, the […]
Sports
March 30, 2023
PointsBet and University of Colorado Exit Betting Partnership
One of the collaborations to fall through is that between PointsBet, a regulated sports betting operator, and the University of Colorado. Sports Betting Promotions on School Grounds No More The alliance had to be stopped short in light of the American Gaming Association’s (AGA) update to its Responsible Marketing Code for Sports Wagering which will […]
