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Today we’ll focus on the legal state of gambling in Colorado. What is online gambling history in Colorado? What are the current gambling legal age laws in Colorado? You’ll be able to find out all this and more. We’ll also give you an insight into what you can expect for the future of Colorado gambling.
The history of online gambling in Colorado – A brief analysis
You may have been thinking, “Is gambling legal in Colorado?” Well, when it comes to online gambling Colorado has a very brief history. However, if we decide to dig a little deeper into the general gambling history, we’ll find that the most significant event was in 1948 when greyhound and horse racing became legal for the first time in the state.
Between 1948 and 2012, there were several changes to the state’s constitution regarding several forms of gambling, but they didn’t touch on online gambling. One significant change was in 1958 when Colorado changed its constitution to allow charitable gambling.
Fast forward to 2012, and we have the first potential internet gambling bill, which Colorado’s retail casinos crafted in collaboration with the Colorado Gaming Commission. However, the bill didn’t end up becoming law. Since then, there have been no other poker or casino bills produced by any gambling stakeholders in the state.
However, that’s not the case with online sports betting. In 2019, state residents voted to approve Proposition DD, which legalized sports betting Colorado. Taxes paid by the sports betting operators would be used in the state’s water preservation projects. This means that any legal, commercial gambling operators in the state can apply for a sports betting license and receive it.
A few months later, in May 2020, the state witnessed the launching of the first online betting applications. You may have been thinking, “how old to gamble in Colorado?” Well, the legal gambling age in Colorado is 21 years.
The Colorado legislative approach explained – key steps
When it comes to creating Colorado gambling laws, the state follows the same process that most USA states go through.
What are the steps followed when creating Colorado gambling age guidelines & laws?
A gambling bill is first introduced to any chamber of the house by either a Senator or a Representative. Other legislators can also decide to sign on as co-sponsors of the bill. The bill is then discussed thoroughly, and adjustments (amendments) are made if needed. A vote is then cast, and if the bill gets a majority (of votes), it is sent to the Governor, who then signs it into law.
What should I do if I want to suggest an online gambling law?
In some cases, you may have an online gambling idea that you think would serve the residents well if it became law. In such a case, you need to voice your concerns to your most accessible legislator. You can do this by visiting the state’s website and filling in the contact form or using any other communication channel. If the legislator supports your suggestions, they will sponsor the bill and, in most cases, involve lawyers in the Legislative council when creating the final draft.
Although there are sophisticated steps in changing or making new Colorado gambling age guidelines and laws, suggesting an idea is very simple.
What does this mean for Colorado players?
This means that Colorado players or any other stakeholder can take part in the creation of Colorado gambling age guidelines and laws. This could be something to do with online poker or casino gambling which are not yet legal in the state, or any other gambling issue.
Current legality of online gambling in Colorado – Critical laws
Colorado gambling age guidelines are usually enforced strictly; hence before you start placing online bets, you need to be familiar with a few Colorado gambling age laws and regulations.
How old do you have to be to gamble in Colorado sportsbooks?
You have to be at least 21 years old. This is the gambling legal age in the state. When it comes to the Colorado gambling age regulations, the state is always very determined to ensure that they’re enforced. In Colorado casinos 18 year olds are not allowed to place online wagers.
Which legal online games can I place bets on in Colorado?
Since online poker and casino games are not legal in Colorado, you can’t place wagers on any casino/poker games. The only form of online gambling available is sports betting; hence you can place your bets on a wide range of sports games provided by top sportsbooks in the state. These include:
- Soccer (MLS, La Liga, Serie A, EPL, League 1, etc.)
- Tennis
- Handball
- Basketball (NBA)
- American Football
- Racing
And many more. We recommend frequently visiting your best sportsbook to stay updated on the available games.
Which betting sites are legal in Colorado?
Since online sports betting became legal in 2019, many local and international gambling operators have applied and received a license to provide gambling services in the state. We have reviewed some of the top operators in the state including FanDuel, Draftkings, Fox Bet, and William Hill. We have also completed in-depth reviews for each, so why not start by checking out our William Hill review and if that operator doesn’t suit your style, there’s plenty more to look at!
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Can I use a Colorado online gambling site if I’m not physically located in the state?
No. Colorado gambling age guidelines and laws require that you be present in the state when you are placing your bet.
Which are the accepted payment methods for online players in Colorado?
Colorado sportsbooks accept several safe payment methods that are used by most sportsbooks worldwide. You can always check the cashier section of your best sportsbook to see the accepted deposit and withdrawal options. These include:
- Debit/credit cards
- ACH
- Wire transfer
- Paypal
What rates are used for taxing winnings?
The federal tax on betting winnings is usually 25% for wins that are above $5,000. But Colorado’s tax is 4.3%. For any winnings you receive that are less than $5,000, it’s your responsibility to report.
Who regulates online gambling in Colorado?
The Colorado Gaming Control Commission (CLGCC) and the Colorado Division of Gaming. Besides, there are state agencies that always double-check to ensure offered games are random and fair.
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Future changes to Colorado gambling age laws & regulations – What to expect
Proposition DD set the foundation for online sports gambling, so there’s great potential that the state will become a hotbed for online gambling activities in the future.
However, online poker and casino gambling activities are not legal. Therefore, it’s very likely that significant gambling stakeholders in the state will continue pushing to have them legalized. If at some point they become legal, we should expect to see top online casinos offering Coloradans popular games such as Blackjack, Roulette, Blackjack, etc.
Conclusion – Enjoy an incredible Colorado online betting experience with us!
As we’ve already seen, Colorado has a gambling history that spans many decades. However, the first significant push to have online gambling become legal occurred in 2012 when various gambling stakeholders crafted the first internet gaming bill. It took seven years to have a bill that would successfully pass through the state’s legislature and legalize online sports betting.
As it stands, you can’t place online wagers on sports/casino games in the state. However, with sports betting becoming so popular in the state, we expect to see significant attempts to legalize online poker and casino gaming.
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Is Online Gambling Legal in Colorado? FAQ
🎰. What gambling sites are legal in Colorado?
At Betastic, we always recommend using online gambling sites that are legally authorized to operate. Legal gambling sites are usually held accountable by the law if something malicious happens to the users’ accounts. However, you may find it very hard to distinguish operators with a valid license from the state from those who don’t. It will help if you read our review about the best betting sites in Colorado to learn more.
❓ What is the legal age to gamble in Colorado?
The legal gambling age varies so much across various USA states. For a good number of states, the legal gambling age is 18 years, while it is 21 years in most others. Besides, you’ll realize that the gambling age also depends on the type of games you’ll play. It will help if you go through our latest Colorado gambling review to learn more.
🤑 Can you gamble online for real money in Colorado?
What’s acceptable by law varies from state to state. You’ll find that some states only allow land-based gambling while others also accept online gambling. However, even those that accept online gambling may have strict laws that only allow social (virtual) gambling and charitable gambling; hence, it may be confusing when looking for an online real money casino to use in Colorado. It will help if you go through our latest review about Colorado casino laws to learn more.
