Sports Betting in Colorado
Online sports betting has been legal in Colorado since May 2020.
Colorado launched online and retail sports betting on May 1, 2020, just weeks after voters narrowly approved Proposition DD in November 2019. The state runs one of the most competitive markets in the country, with 16+ mobile operators licensed including DraftKings, FanDuel, BetMGM, Caesars, theScore Bet, Fanatics, Hard Rock Bet, BetRivers, and several smaller books. Tax rates are favorable to operators (10% of gross gaming revenue), which has sustained generous promotional offers and competitive pricing. Tax revenue funds the state's water projects under Proposition DD's mandate.
Key Facts
- Launched May 1, 2020 - among the earliest post-PASPA states
- 16+ licensed mobile sportsbooks - one of the most competitive markets
- 10% tax on gross gaming revenue funds state water projects
- In-state college team betting permitted
Legal Sportsbooks in Colorado
Notable Restrictions
- Bettors must be physically located within Colorado at the time of wager
Responsible Gambling in Colorado
Minimum betting age: 21. Colorado problem gambling helpline: 1-800-522-4700 (24/7, free, confidential). See our responsible gambling resources for self-exclusion options and warning signs.
Frequently Asked Questions
When did sports betting become legal in Colorado?
May 1, 2020. Voters approved Proposition DD in November 2019 and the market launched roughly six months later.
How many sportsbooks operate in Colorado?
16+ licensed mobile operators, making it one of the most competitive markets in the US. Major books include DraftKings, FanDuel, BetMGM, Caesars, theScore Bet, Fanatics, Hard Rock Bet, BetRivers, and bet365.
Where does Colorado sports betting tax revenue go?
Under Proposition DD, the bulk of sports-betting tax revenue is dedicated to the Colorado Water Plan, funding statewide water infrastructure and conservation projects.
Can I bet on Colorado college teams?
Yes. Wagers on Colorado, Colorado State, Air Force, and other in-state programs are permitted, including most prop markets.
Related
All US states · Sportsbook reviews · Today's AI picks · Live odds comparison