Colorado is one of only five states in the nation where all six main kinds of gambling are allowed in at least some ability, including charitable, parimutuel, commercial, tribal, racetrack and lotteries. Restricted casinos and other gaming places like card rooms are legal if properly licensed through the state while off-track betting on dogs and horses through parimutuel wagering, social betting, charitable games, bingo and raffles are also permitted.
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Gambling Laws in Colorado
The Colorado Limited Gaming Act of 1991 states that”the achievement of limited gaming depends upon public confidence and trust that licensed limited gaming is conducted honestly and competitively; that the rights of the creditors of licensees are protected; and that gaming is free from criminal and corruptive elements.” This is maintained through rigorous regulation and licensing of gambling establishments while protecting the sponsors in Colorado.
The Colorado Limited Gaming Control Commission was put in place to apply the rules and regulations regulating limited gaming within the state, for example, gaming tax rate. The Commission resides at the Division of Gaming, that is part of the Department of Revenue that approves the funding and allocates money to other state branches Tribal Casinos
There are two Native American casinos in Colorado, the Sky Ute Casino and the Ute Mountain Hotel & Casino, both of which are owned and operated by the Ute Tribe of Colorado. The Sky Ute Casino offers slot machines, table games like blackjack, bingo and a poker room that has regular Omaha and Texas Holdchampionships. The Ute Mountain Hotel & Casino also has slots using TITO (ticket-in, ticket-out) technologies, video poker and live blackjack, poker, bingo and keno games.
Sports Betting in Colorado
Regardless of the existence of limited gaming and casinos, Colorado State Code 18-10-101 specifically prohibits any betting of money or land on the outcomes of any sport. Thus, sports gambling from the state of Colorado is deemed illegal.
Online Sportsbooks
Even though there are no sportsbooks accessible at physical locations or online from the state of Colorado, bettors still have the chance to choose from many offshore options. Offshore sportsbooks are frequently considered to be a far safer option than neighborhood bookmakers. In addition to having the convenience of placing bets directly from a personal computer or mobile device and an assortment of options, online bettors can trust dependable and well-reviewed offshore novels to always provide lines and pay out, which might not always be the case for local bookies.
Poker and Casino at Colorado
Besides tribal casinos, restricted casinos are also available from the cities of Central, Black Hawk and Cripple Creek, that are three historic gold mining towns. There are 15 casinos combined in these three towns, such as the Ameristar Casino & Hotel, the Isle of Capri Casino Hotel and the Lady Luck Tower. The Ameristar opened in Black Hawk back in 2001 with a luxury resort and spa, and the casino features 1,500+ slot machines, a dwell blackjack pit with 14 tables, three live tables each for craps and roulette and an 18-table poker room.
Online Poker
There’s currently no online gaming in the state of Colorado, such as poker. In 2012, the Colorado Gaming Association did draft an online poker bill to govern it modeled after a bill in New Jersey, but it has not yet been introduced to the legislature. No matter online games appeal to curious players who can still pursue offshore sites in order to participate.
Other Gambling Options in Colorado
Off-track betting on dogs and horses through parimutuel wagering, social and charitable gambling also bingo and raffles controlled by the Secretary of State are all permitted.
Colorado Lottery
The Colorado Lottery began in 1983 with a single scratch game and has grown to include much bigger jackpot games like Powerball, Mega Millions, Lotto and Cash 5. Profits from the lottery are utilized to enhance and support parks, recreation, open space, conservation education and wildlife jobs through partners such as Great Outdoors Colorado (GOCO), the Conservation Trust Fund and Colorado Parks and Wildlife.
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