Welcome to Let’s Gamble Colorado: a comprehensive guide to the rapidly expanding Colorado gambling industry. Our industry professionals provide in-depth information on Colorado gambling laws and updates on the legalization of online gambling across the state, alongside thorough reviews of land-based and online Colorado casinos.

Legal online sports betting is now live in Colorado! 

Despite a lack of live sports to bet on, Colorado sports bettors wagered over $25 million in Colorado in May after the official launch of the industry on May 1.

Latest CO Gambling News & Updates

Summary of Colorado Gambling Laws

Compared to many states, Colorado has lenient gambling laws. They offer casino gambling and, as of 1st May 2020, sports betting onsite in any of the state’s casino properties to people age 21 or older. However, due to Limited Gaming, there are limits on the games casinos can offer and the maximum wagers that can be placed. Charitable gambling such as bingo, raffles, and lotteries are also legal for anyone over the age of 18.

The state also allows online gambling from regulated and licensed operators. From inside Colorado, you can place online bets on daily fantasy sports contests, horse racing, and now also sporting events. Here is a breakdown of the legal status for each form of gambling in the state:

Type of GamblingLegal in ColoradoLegal Gambling Age
Land-Based Casino GamblingYes21
Online Casino GamblingNo
State and Multistate LotteriesYes18
Charitable GamblingYes18
Land-Based Sports BettingYes21
Online Sports BettingYes21
Horse Race BettingYes18
Daily Fantasy Sports BettingYes18

Colorado Sports Betting

The sports betting industry has recently boomed in the state of Colorado and, as of 1st May 2020, you can now access full-service sports gambling. This was after Proposition DD narrowly passed with 50.8% of the public vote in November 2019. Despite the canceling of events, closures of casinos, and other ‘stay at home’ warnings surrounding COVID-19, the launch of Colorado sports betting went live on 1st May 2020, reaching $25M in bets the first month. At its maturity, the Colorado gambling industry could potentially generate over $6 billion in annual handle.

Land-Based Sports Betting

Although sports betting has been live in Colorado since 1st May 2020, there are only a handful of land-based sportsbooks that have launched. Land-based casinos all have the option to apply for licenses to legally allow sports betting on their premises. The majority have chosen to do so, with the Colorado Limited Gaming Control Commission receiving over 50 license applications. However, due to temporary casino closures relating to COVID-19, there has been a delay in casinos actually rolling out their onsite sportsbooks.

So far, the Saratoga Casino, Bronco Billy’s Casino, and the Monarch Casino Resort & Spa have launched onsite sportsbooks. Games will be aired on TVs around the premises and bets can be taken from staff or via self-service booths. We will no doubt see other retail sportsbooks rapidly emerge once casinos are fully opened again.

Online Sports Betting

The online gambling scene is also expanding in Colorado. Several casinos have partnered with online operators to launch Colorado sportsbooks. Of these, DraftKings, FanDuel, BetMGM, and BetRivers have all been granted approval by the Colorado Limited Gaming Control Commission and paved the way for Colorado’s sports gambling, with their online sportsbooks debuting on 1st May 2020. Since then, Bet Monarch, FOX Bet, Sky Ute Sportsbook, and SBK by Smarkets have also launched their online sites. Many other operators have partnered with brick-and-mortar casinos and we will see more online sports gambling websites and sportsbook mobile apps released as the year progresses:

Sportsbook Website/AppCasino PartnershipLaunch Date
DraftKings SportsbookGolden Gulch Casino & Golden Mardi Gras Casino1st May 2020
FanDuel SportsbookGolden Gates Casino & Golden Mardi Gras Casino1st May 2020
BetMGMMidnight Rose Casino1st May 2020
BetRiversJP McGill’s Casino1st May 2020
BetMonarchMonarch Casino Resort & Spa11th May 2020
FOX BetIsle Casino Hotel & Lady Luck Casino19th May 2020
Sky Ute SportsbookSky Ute Casino Resort2nd June 2020
SBK by SmarketsBronco Billy’s Casino4th June 2020
SportsBetting.comJohnny Nolon’s CasinoSummer 2020
Barstool BetsAmeristar CasinoFall 2020
Bet365Century CasinosTBC
BetAmericaBronco Billy’s CasinoTBC
BetFred USA SportsSaratoga CasinoTBC
Circa SportsCentury CasinosTBC
ISI Race & SportsWildwood CasinoTBC
PointsBetDouble Eagle CasinoTBC
SuperBookLodge CasinoTBC
TheScoreGilpin CasinoTBC
William HillIsle Casino Hotel & Lady Luck CasinoTBC
Wynn SportsBronco Billy’s CasinoTBC

If you are unsure about where to start with selecting an online sportsbook do not panic! We have done all the hard work for you. Our sportsbook reviews breakdown the features of dominating sites in the industry to help you get started.

Colorado Sports Betting Markets

Currently, as sports gambling transitions from illegal to legal and with the global pandemic impacting sporting events, it is difficult to predict exactly what the industry will offer. That being said, sportsbooks currently live include the following type of bets:

  • Single-game bets
  • Teasers
  • Parlays
  • Totals
  • Moneylines
  • In-game betting
  • Prop bets

Due to the current climate, there are limited events running which bettors can place wagers on. The first few weeks after Colorado’s sports betting launch saw table tennis dominating, closely followed by the Ultimate Fighting Championship and Korean baseball.

If you are wanting to know if you will be able to bet on your favorite Colorado sports teams, the answer will be yes… when sporting events are back up and running. Colorado residents will be able to place wagers on both professional teams and college teams. Whether you are into NFL and rooting for the Denver Broncos, a Colorado Rapids soccer fan, or are wanting to place wagers on the Colorado Avalanche team, sportsbooks will cover a range of bets for all your favorites.

Colorado Casino Gambling

Colorado casinos have been around in the state’s mountain towns since 1991 and anyone over the age of 21 can partake in casino gambling. Casinos must all offer Limited Gaming whereby they follow specific legal requirements. This requires all casinos to be in either Black Hawk, Cripple Creek, or Central City, have a maximum single wager of $100, and only offer specific casino games. The state is also home to two Native American casinos in the southwest towns Towaoc and Ignacio. These casinos bypass state gambling laws.

Colorado Retail Casinos

All land-based casinos in Colorado are now allowed to remain open for 24 hours every day, providing continual entertainment for their customers. They must follow regulations and be a licensed business to legally allow gambling on their premises. Here is a list of all of Colorado’s casinos:

Colorado Online Casinos

It is not yet legal for any residents to use online casinos or gamble on online poker for real money. The last time a proposal to legalize online poker was made the attempt was rapidly shot down. However, with the recent legalization of sports gambling, state opinions on other online gambling forms could change in the coming years.

Colorado Casino Games

All casinos offer Limited Gaming. This limits the games casinos can offer to:

  • Blackjack
  • Craps
  • Poker
  • Roulette
  • Slot machines
  • Video poker

The maximum wager for all casino games is $100. Despite all casinos legally being able to offer all the above games, each land-based casino differs in size and in which of these games they have on offer. All casinos will offer slot machines with the largest casinos having more than 1,200, and most will also offer table games. However, if you are looking to play poker, there are only around 100 poker tables combined across the state, the majority of which are found in Black Hawk.

If you want more information on brick-and-mortar casinos, we offer extensive casino reviews detailing the games they offer and the rooms they have available. Whether you are after casinos based in Central City, Black Hawk, Cripple Creek, or the southwestern American Indian casinos we have got you covered.  

Colorado Horse Race Betting

Horse race betting was the first legal form of gambling in Colorado, made legal in the 1950s. There is only one live racetrack in the state: Arapahoe Park Racetrack. They run races from May to August on thirteen consecutive Saturdays, Sundays, and Mondays.

Off-track race betting is also legal in Colorado and there are several off-track betting locations throughout the state:

  • The 8 Track, Grand Junction
  • Big D’s OTB, Greeley
  • Elevations at Union Station, Colorado Springs
  • Havana Park, Aurora
  • Odds On OTB, Arvada (new Softball Country location opening soon)
  • Off to the Races (formerly SCGEC), Pueblo
  • Pick Six Lounge at The Fox & Hound, Lone Tree
  • Pick Six Lounge at The Mirage, Littleton
  • Post Time OTB, Colorado Springs
  • Sundance Steakhouse & Saloon, Fort Collins

It is also legal in Colorado to place horse race wagers online. Sites such as TVG and BetAmerica are the top internet race providers. Although greyhound racing is also legal in Colorado, there are no greyhound tracks in the state.

Colorado Daily Fantasy Sports

Colorado was the fifth state to regulate daily fantasy sports back in 2016 and, unlike most other forms of gambling in the state, players must be at least 18 years old. As one of the only licensed forms of online gambling at the time, it took Colorado by storm.

The two major companies which quickly rose to be state favorites are DraftKings and FanDuel. Both sites have a huge variety of sporting events, different contests types, and major competitions with huge prize pools. Unlike traditional fantasy sports, they hold short-term tournaments allowing changes to line-ups daily and a rapid rate of play.

Colorado Lottery & Charitable Gambling

Alongside sports betting and casino gambling, the state is also home to charitable gambling such as bingo, raffles, and lotteries which were first legalized in 1983. The Colorado Lottery is operated by the state. In Colorado, to legally buy a lottery ticket you must be at least 18 years old. There are several scratch games and jackpot draws available. Currently, there are three state lotteries:

  • Cash 5
  • Pick 3
  • Colorado Lotto+

Residents can also buy tickets for multi-state draw lotteries which have larger jackpots and can be entered from several jurisdictions:

  • Mega Millions
  • Powerball
  • Lucky For Life

The Colorado Lottery also owns a mobile app where players can check for winning numbers, lotto results, and upcoming jackpots.

Colorado Gambling History

Colorado gambling dates back to the 1950s when horseracing was made the first legalized form of gambling. The state then introduced its own lottery in 1983, a few years before the approval of land-based casinos in 1991. Back in these times, the maximum wager was a mere $5, and games were limited to slots, poker, and blackjack. This all changed in 2009 when the maximum bet was increased to $100 and the number of casino games increased. The state of Colorado is now home to many casinos, of which many are open 24 hours to provide constant around-the-clock entertainment for their customers.

The latest update on the Colorado gambling industry is the legalization of sports betting. The bill legalizing sports betting named HB19-1327 was passed by the Senate Finance and Appropriations Committee in 2019 and hit public vote in November of the same year, known as Proposition DD.  The ballot passed with 50.8% of the vote, and as of May 2020 sports betting is legal.

There is also a current initiative in the making that would remove the $100 betting limit and approve new games. Bruce Brown, the ex-mayor of Cripple Creek, and Bill Cadman, the previous Colorado senate president, are pushing for the proposal to make the ballot in November 2020 with the hope that wagering limits will be removed in May 2021.

In such a rapidly moving industry it is easy to get confused and lost behind. For the most up-to-date information check out our news section at the top of this page which rolls out regular updates on movements in the industry.

Gambling in Colorado: FAQs

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