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Business
September 22, 2022
Colorado Sports Betting Recorded a Stellar FY 21-22 Year
Colorado’s Department of Revenue recently released its annual summary of the state’s sports betting sector. The fiscal year 2021-2022 saw sustained growth in the post-covid period thanks to various legislative initiatives which gave Colorado operators greater control over their business. Online Operators Dominated the Market Sports betting fans in The Centennial State spent $4,81 billion […]
Sports
September 5, 2022
Colorado Sports Handle Declined but GGR Increased
Statistics show that gambling is one of the preferred pastimes of more and more people in the United States. As the financial results of many markets in the US show, gambling revenues continue to grow as America braces for a second record year in a row. However, there are always some fluctuations as well. […]
Sports
September 1, 2022
Bet365 Launches Sports Betting in Colorado
Leading British online gaming company bet365 continues its foray into the key US market with another launch. The company’s offerings will now go live in Colorado, following an agreement with Century Casinos. Bet365 Goes Live in a Second State Bet365 may be a leading company in Europe but is just starting its US journey. The […]
Casino
August 31, 2022
Colorado: Easing Gambling Limits Boosts Casinos’ Revenues
Gambling operators in Colorado reported strong results for the fiscal year 2021-22, judging by details released by the Colorado Department of Revenue. But according to a new report, the recent result was positively impacted by raised gambling limits for the state’s three casinos. Colorado Voters in Favor of Lifting Gambling Restrictions Back in 1990, voters […]
Lottery
August 19, 2022
Colorado Lottery Signs for Scientific Games Enhanced Partnership Program
The Colorado Lottery has said that it will improve its Scratch game product and business by securing a new partnership with Scientific Games, a global leader in the delivery of lottery games, content, and products. Thanks to the Scientific Games Enhanced Partnership program, the Colorado Lottery will be able to significantly extend the scope of […]
Casino
July 25, 2022
Colorado Is Cracking Down on Gray Casinos with New Regulations
New legislation allowing for more extensive investigation of the illegit casinos in Colorado, which are often called “gray casinos”, will assist the state’s efforts to bust these illegal gambling activities. Cryptocurrency Helps Gray Casinos Get Around the Law Colorado Governor Jared Polis has just passed new regulations, which give a wider authority to Colorado’s Division […]
Legal
June 17, 2022
Colorado Fined WorldPay for Operating without a License
WorldPay, a major payment processing company, has received a hefty fine from Colorado’s Division of Gaming. The company’s fault is that it kept operating for two weeks after past the expiry date of its license. WorldPay Operated without a License WorldPay’s license was set to expire on April 2 this year. The Colorado Division of […]
Industry
June 15, 2022
Colorado Division of Gaming Lambasted in Auditor Report
The Office of the State Auditor has presented a damning report pointing to endemic issues with the Colorado Division of Gaming, the state’s gambling watchdog that is tasked with upholding high ethical and regulatory standards and ensuring that all sports gambling and iGaming operators in its jurisdiction stick to them. Colorado Division of Gaming Criticized […]
Industry
May 5, 2022
MaximBet Teams with Flows for Automation and Innovation
Sports betting and gaming brand MaximBet announced today a new strategic partnership with Flows that will bring automation to its processes and further enhance customer experience. Develop and Integrate New Intelligent Features The partnership between North America’s lifestyle sports betting and online casino brand MaximBet and the operator of automation platform Flows will see a […]
Sports
April 22, 2022
Carousel Fined $80,000 for MaximBet Geolocation Misfire
MaximBet, the sports betting agency launched by the namesake lifestyle brand, has brought an $80,000 penalty on its operator in Colorado. The Division of Gaming issued the fine to Carousel Group for failing to enforce geolocation standards between December 1 and December 16, SportsHandle explained in a detailed report on the issue. This resulted in […]