Colorado gambling legislation

Section 2 of the act prohibits a person that is licensed by the Colorado limited gaming control commission (commission) to operate an internet sports betting operation (internet sports betting operator) from:Accepting more than 6 separate deposits from an individual in a gaming day; orInitiating or sending mobile device push notifications or text messages to account holders in the state soliciting bets or deposits.     Section 3:Prohibits a sports betting operation or its marketing affiliate from targeting, or creating advertising content that is clearly meant for, persons under 21 years old or from advertising on media for which the majority of the demographic audience is reasonably expected to be under 21 years old; andRequires an internet sports betting operator, on an annual basis, to provide to the division of gaming in the department of revenue (division) data and metrics related to the operator's sports betting operation for the preceding calendar year. The division must compile

Open States record

The act eliminates an annual transfer of $2.1 million from the limited gaming fund to the innovative higher education research fund.(Note: This summary applies to this bill as enacted.)

Open States record

Under current law, the state treasurer is required to transfer $15 million from the limited gaming fund to the Colorado travel and tourism promotion fund at the end of each state fiscal year. Beginning at the end of the 2025-26 state fiscal year, and at the end of each state fiscal year thereafter, the act reduces the amount of the transfer from the limited gaming fund to the Colorado travel and tourism promotion fund to $14 million and requires a new annual transfer of $1 million from the limited gaming fund to the museum and preservation operations account within the state historical fund.(Note: This summary applies to this bill as enacted.)

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The act prohibits the Colorado lottery or any licensed lottery retailer from selling lottery tickets or instant scratch game tickets produced by the lottery for sale to the public on a credit basis.(Note: This summary applies to this bill as enacted.)

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Under current law, the Colorado limited gaming control commission (commission), at its discretion, may delegate only certain licensing duties described under the 'Limited Gaming Act of 1991' (gaming act) to the division of gaming (division). The act allows the commission to delegate to the division licensing duties that appear elsewhere in the gaming act.     The act authorizes investigators of the division and their supervisors to inspect, examine, investigate, hold, or impound any premises in the state where an investigator or supervisor suspects that unlicensed gaming or unlicensed sports betting is conducted.     Under current law, the division is required to operate a program that allows individuals to voluntarily exclude themselves from gaming activities in the state. The act expands the program to allow individuals to voluntarily exclude themselves from sports betting in the state.     The act clarifies the definition of 'race meet' for purposes of the regulation of racing event

Open States record

The act reduces the transfer from the limited gaming fund to the advanced industries acceleration cash fund for state fiscal year 2025-2026 from $5,500,000 to $1,840,000. (Note: This summary applies to this bill as enacted.)

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Under the bill, a "covered business" is defined as a sole proprietorship, a partnership, a limited liability company, a corporation, an association, or another legal entity, or an affiliate of such a legal entity, that:Conducts business in the state and generates a majority of its annual revenue from online services;Makes available online gaming services, products, or features that are reasonably likely to be accessed by a user who is a minor or who the covered business labels as a minor (covered minor);Collects users' personal data or has users' personal data collected on its behalf by a processor; andSolely or jointly with others determines the purposes and means of the processing of users' personal data.     The bill states that a covered business that processes the personal data of a covered minor owes a minimum duty of care to the covered minor. The bill also requires a covered business to:Configure default privacy settings provided to a covered minor to the highest level of priva

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The state constitution authorizes specified charitable organizations to conduct the games of chance of bingo and raffles and requires a charitable organization to meet the following qualifications in order to conduct games of chance:Pay an annual fee and obtain a license from the secretary of state;Have been in continuous existence for the 5 years preceding license application and have dues-paying membership engaged in carrying out its charitable purpose during that 5-year period;Use the net proceeds from any game of chance solely for the lawful purposes of the charitable organization; and Have a bona fide member of the charitable organization operate or manage the game without compensation.     The concurrent resolution repeals from the state constitution these requirements for and limitations on conducting games of chance and directs the general assembly to establish the specific requirements for charitable organizations to conduct games of chance.(Note: This summary applies to this

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