States / Colorado / Sports betting
Is sports betting legal in Colorado?
Yes. In Colorado, online and in-person sports betting are legal (as of Oct 11, 2026). Online and in-person betting launched May 1, 2020. Operators pay Promotional-bet deduction eliminated entirely OTHER in tax.
| Channel | Status | Launched | Model | Details |
|---|---|---|---|---|
| Sports (online) | Live | May 1, 2020 | Competitive | Statewide online/mobile wagering; master licenses held by limited-gaming casinos, which may each operate multiple online "skins." No numerical skin cap in statute but each operator needs a casino master license partnership. C.R.S. § 44-30-1501 et seq.; C.R.S. § 44-30-1508 [1],[2] |
| Sports (retail) | Live | May 1, 2020 | Competitive | Retail sportsbooks limited to licensed limited-gaming casinos in Black Hawk, Central City, and Cripple Creek. C.R.S. § 44-30-1501 et seq.; C.R.S. § 44-30-1508 [1],[2] |
Tax rate
| Rate | Since | Notes |
|---|---|---|
| Promotional-bet deduction eliminated entirely OTHER (total) | Jul 1, 2026 | [3] |
| 10% NET_REVENUE (total) | May 1, 2020 | Flat 10% of "net sports betting proceeds." Promotional-play (free bet) deductions from taxable proceeds were uncapped from 2020 launch, then capped by a step-down schedule: HB22-1402 set deductions to phase down over several fiscal years; HB25-1311 (signed 2025-05-15) accelerated the phase-out.[1],[4] |
| 10% NET_REVENUE (retail) | May 1, 2020 | C.R.S. § 44-30-1508 sets a single flat 10% tax on 'net sports betting proceeds' without a separate retail-vs-online rate; this entry mirrors the sports_online rate for the retail channel under the same statute.[1],[4] |
Rules
- Minimum age to place a sports wager
- 21[5]
- Wagering on college sports allowed at all
- Yes[6]
- Wagering on in-state college teams allowed
- Yes · Colorado allows betting on in-state college teams, unlike some neighboring states.[6]
- Credit cards may be used to fund accounts
- No · Division of Gaming rules generally prohibit funding wagering accounts with credit cards, consistent with most states.[6]
- Esports wagering allowed
- Yes · Sports betting rule (1 CCR 207-2) allows commission approval of additional event types including some esports.[6]
- New online accounts must be created in person
- No · Colorado does not require in-person registration to open an online sportsbook account.[2]
- Statute requires paying leagues an integrity/royalty fee
- No[2]
- Online sports wagering available statewide (not tethered to premises)
- Yes[1]
- Operators must use official league data for some bets
- No[2]
Licensed sportsbooks
| Operator | Brand | Channel | Status | Launched |
|---|---|---|---|---|
| Bally's Corporation | Bally Bet | Sports (online) | active | [7] |
| bet365 | Bet365 | Sports (online) | active | [7] |
| BetMGM | BetMGM | Sports (online) | active | [7] |
| Caesars Entertainment | Caesars | Sports (online) | active | [7] |
| Circa Sports | Circa Sports | Sports (online) | active | [7] |
| DraftKings | DraftKings | Sports (online) | active | [7] |
| Fanatics Betting and Gaming | Fanatics | Sports (online) | active | [7] |
| FanDuel | FanDuel | Sports (online) | active | [7] |
| Hard Rock Digital | Hard Rock Bet | Sports (online) | active | [7] |
| Monarch Casino & Resort | Bet Monarch | Sports (online) | active | [7] |
| PENN Entertainment | theScore Bet | Sports (online) | active | [7] |
| Rush Street Interactive | BetRivers | Sports (online) | active | [7] |
| Sporttrade | Sporttrade | Sports (online) | active | [7] |
| Bally's Corporation | BallyBet | Sports (retail) | active | [7] |
| Caesars Entertainment | Caesars (William Hill) | Sports (retail) | active | [7] |
| Caesars Entertainment | Caesars (William Hill) | Sports (retail) | active | [7] |
| Caesars Entertainment | Caesars (William Hill) | Sports (retail) | active | [7] |
| Caesars Entertainment | Caesars (William Hill) | Sports (retail) | active | [7] |
| DraftKings | DraftKings | Sports (retail) | active | [7] |
| DraftKings | DraftKings | Sports (retail) | active | [7] |
| Fanatics Betting and Gaming | Fanatics (PointsBet) | Sports (retail) | active | [7] |
| Monarch Casino & Resort | Monarch Casino Blackhawk | Sports (retail) | active | [7] |
| PENN Entertainment | Ameristar Sportsbook | Sports (retail) | active | [7] |
All gambling laws in Colorado → · Sports betting in every state →
Sources
- C.R.S. § 44-30-1508 - Tax on sports betting · retrieved Oct 10, 2026
- Colorado sports betting authorization background (secondary aggregation; cross-check against HB19-1327 text) · retrieved Oct 10, 2026
- Colorado governor signs betting promo deductions bill into law · retrieved Oct 10, 2026
- Colorado Ending Tax Breaks For Sports Betting Promo Spend · retrieved Oct 10, 2026
- C.R.S. § 12-47.1-809 - Persons under twenty-one years of age prohibited from gaming · retrieved Oct 10, 2026
- Sports Betting Rule 1 (1 CCR 207-2) - Definitions and permitted events · retrieved Oct 10, 2026
- Online & Retail Sports Betting Operators (Colorado Division of Gaming live licensee workbook) · retrieved Oct 10, 2026