As of May 1, 2020, sports betting is now legal in the state of Colorado. Though the PASPA ruling came back in favor of sports betting back in May 2018, state legalization was up to the individual governments, so the Colorado lawmakers took their time to finally introduce sports betting to the state.
There are nearly 5.6 million people living in the rocky mountain state, and from what we gather, many have been in favor of sports betting being legalized since day one of the PASPA rulings. The state has always had fairly well-regulated gambling laws, including casino, tribal gambling, online gambling, daily fantasy betting, horse racing, bingo, social and charitable gambling as well as their state lottery.
Colorado is home to 33 casinos, located within the three Rocky Mountain towns that are legal to operate a casino. These three cities and their 33 casinos will host sportsbooks within casinos if they obtain a license when the pandemic ends. The strict laws around the locations of gambling facilities played a big part in the delay of legalization and operational logistics from the start.
While it may be a rough start for Colorado sports betting, launching in the midst of the COVID-19 pandemic with no sports to wager on, we are happy to see the state of Colorado offering their residents the option to bet. With so few betting options currently, sports betting could give slight relief to casinos during the pandemic shutdowns.
Can I bet on sports in Colorado?
Yes, you absolutely can bet on sports in Colorado as of May 1, 2020. Currently, no casinos have physical sports betting venues open due to the COVID-19 pandemic that shut down most of the world, but you are able to sign up at the licensed online sportsbooks.
For now, the main Colorado sportsbook activity will happen online. Sports bettors can sign up at the following online sportsbooks that are legal in Colorado:
- DraftKings Sportsbook
- FanDuel Sportsbook
And the following sportsbooks will be next in line to launch:
- Carousel Group
- Circa Sports
- Digital Gaming Corporation
- Fox Bet
- Internet Sports International
- Monarch Casino
- Penn Sports Interactive (Barstool Sportsbook)
- Superbook USA
- theScore Bet
- WIlliam Hill
- Wynn Resorts
Casinos legally can only be situated within three towns: Central City and Black Hawk, serving the Denver Metro, and Cripple Creek serving Colorado Springs. There are two outlier casinos on Indian reservations in the southwest as well.
Black Hawk Casinos:
- Ameristar Casino Black Hawk
- Bull Durham Saloon & Casino
- Bullpen Casino
- Bullwhackers Black Hawk Canyon and Grand Plateau Casino
- Colorado Central Station Casino
- Dan Cooper’s Eureka! Casino
- The Gilpin Casino
- Golden Gates Casino
- Golden Gulch Casino
- Golden Mardi Gras Casino
- Isle of Capri Casino & Hotel
- The Lodge Casino at Black Hawk
- Red Dolly Casino
- The Richman Casino Wild Card Saloon & Casino
- Monarch Casino Black Hawk
- Saratoga Casino Black Hawk
- Silver Hawk Saloon & Casino
Central City Casinos:
- Century Casino Central City
- Doc Holliday Casino
- Dostal Alley Brewpub & Casino
- Easy Street Casino
- Famous Bonanza
- Reserve Casino Hotel
- Scarlet’s Casino
- Teller House
Cripple Creek Casinos:
- Black Diamond Casino & Saloon
- Brass Ass Casino of Cripple Creek
- Bronco Billy’s Casino
- Colorado Grande Casino
- Creeker’s Gaming Hall
- Double Eagle Hotel & Casino
- Double Eagle Hotel & Casino & The Gold Creek Casino
- Gold Rush Hotel and Casino / Gold Digger’s Casino
- Imperial Casino
- J.P. McGillis Hotel & Casino
- Johnny Nolon’s Casino
- Midnight Rose Hotel & Casino
- Uncle Sam’s Casino
- Wild Horse Casino
- Womacks Casino & Hotel
The two southern casinos are the Sky Ute Lodge & Casino in Ignacio and the Ute Mountain Casino Hotel & Resort in Towaoc.
Betting on Colorado Sports Teams
Colorado is home to a few professional sports teams that bettors might want to keep an eye on. While it’s sometimes a conflict of interest to bet on sports teams from your hometown or state, there’s no rule against it!
Colorado is home to an NFL team: The Denver Broncos. They began their franchise in 1960, and went through a rough beginning, being one of the worst teams in the league until about 1973. They improved greatly in 1975 and began winning division and conference championships.
They were Super Bowl champions in 1997, 1998, and 2016. Since Peyton Manning retired, they have been a little rocky (no pun intended) and have had fairly inconsistent seasons since their Super Bowl victory.
The Colorado Rockies are the state’s only MLB team, and the first team based in the Mountain time zone. They were established in 1991 and obtained their first National League championship in 2007. Unfortunately, they were no match for the Boston Red Sox, who swept them in the World Series that year.
The resident NBA team in Colorado is the Denver Nuggets. Founded in 1967, they have won seven division titles, but have failed to ever secure a conference championship or league championship. They have qualified for the playoffs in over 18 seasons throughout the years, but have been unable to make it any further.
The Colorado Avalanche is the state’s NHL team and the only team in their respective division that isn’t based in the Central Time Zone. They were founded in 1972, and have won nine division titles, two conference championships, and two Stanley Cups. Their first eight-division titles were in a row, which is the longest streak in the history of the NHL.