Colorado Sports Betting: Best Colorado Sportsbooks in 2025

Top 5 Colorado sports betting sites

Skip the daunting task of stacking up Colorado's 13 online sportsbooks against one another. We've identified the top five Colorado betting sites in 2025: 

1. BetMGM Colorado

Bet $10, Get $150 If You Win

Bonus bets expire in 7 days. One new customer offer per user. Additional terms apply. 21+. Gambling Problem? Call 1-800-GAMBLER.

COVERSBONUS

Available in Colorado

Claim $150

BetMGM — also known as the 'King of Sportsbooks' — lives up to its name in Colorado, as the operator is our pick for the Centennial State's top sportsbook in 2025. Led by its amazing mobile sports betting app, deep collection of sports markets, and reliable banking options, it's easy to see why BetMGM sits on Colorado's sports betting throne. 

Read our BetMGM bonus code review page for a detailed look at this great 2025 betting site.

• App Store rating: 4.8 (iOS); 4.3 (Android)
• Best feature: Great range of sports
• Sign-up bonus: Bet $10, Get $150 If You Win
• Payout speed: 2 days

2. Fanatics Sportsbook Colorado

 

Choose: Bet $50, Get $250 or $1,000 Bonus

Ends: May 31, 2025

Claim Now

Fanatics Sportsbook launched in Colorado on Dec. 4, 2023, after obtaining PointsBet's sports betting license in the state. The emerging online operator should quickly become a fan-favorite among CO bettors, as Fanatics Sportsbook offers bettors access to the FanCash Reward program — which allows them to turn wins into sports merchandise — and exceptional live streaming via its partnership with Genius Sports. 

Check out our Fanatics Sportsbook Review for more information about this operator.

• App Store rating: 4.7 (iOS); 4.5 (Android)
• Best feature: NFL live streaming
• Sign-up bonus: Choose: Bet $50, Get $250 or $1,000 Bonus
• Payout speed: Within 24 hours

3. bet365 Colorado

Bet $5, Get $150 

Code: CVSBONUS

Claim $150

bet365 is an internationally renowned online sportsbook that offers an array of betting markets for not only the popular North American leagues but also for niche European markets like greyhound racing and darts. bet365 also allows new Colorado bettors to receive a 'bet and get' welcome promo when they register with the exclusive bet365 bonus code 'CVSBONUS.'

Refer to our bet365 Review to learn more.

• App Store rating: 4.7 (iOS); 3.4 (Android)
• Sign-up bonus: Bet $5, Get $150
• Payout speed: Within 24 hours

4. FanDuel Colorado

Bet $5, Get $200

New customers only. Deposit min. $5. Place first bet of min $5 and get $200 in bonus bets if your bet wins or loses.

Available in Colorado

Claim $200

Among the first online sportsbooks to join the Colorado sports betting market, FanDuel Sportsbook opened its virtual doors to CO bettors in May 2020. Since then, it has established itself as a go-to option in the Centennial State thanks to an industry-best welcome bonus, an incredible football betting app, and a vast collection of unique bet types and promos. Get started with $200 in bonus bets from FanDuel Colorado.

Check out our FanDuel Sportsbook Review for more on one of the best NBA betting promos of 2025.

• App Store rating: 4.8 (iOS); 4.7 (Android)
• Best feature: Easy-to-navigate app
• Sign-up bonus: Bet $5, Get $200
• Payout speed: Within 24 hours

5. Caesars Colorado

Double Your Winnings (10x)

New customers only. Must register using eligible promo code. Place a wager of at least $1 and you'll get 10x 100% profit boosts, up to $2,500 each, win or lose. Void where prohibited. See Caesars.com/promos for full terms.

COVERSBONUSDYW

Claim Now

Caesars Sportsbook Colorado stands out from a crowded, competitive Colorado sports betting scene with its generous welcome offer — a 'Double Your Winnings (10x)' promotion. In addition to its sign-up bonus, Centennial State bettors also gain access to one of the most revered rewards programs in the industry and best-in-class customer support.

Read our Caesars Sportsbook Review to learn more.

• App Store rating: 4.6 (iOS); 4.4 (Android)
• Best feature: Live betting
• Sign-up bonus: Double Your Winnings (10x)
• Payout speed: Within 24 hours

Best Colorado sports betting offers and bonuses

Most of Colorado's legal sportsbooks offer new users attractive sign-up bonuses to help kick-start the betting action. Here are the best Colorado sports betting bonuses for 2025:

BetMGM - Bet $10, Win $150: BetMGM CO allows new users to get a boost in the form of $150 in bonus bets if your initial wager loses — delivered by BetMGM as six (6) $25 bonus bets. A minimum deposit of $10 and a wager of $10 is required. Use the BetMGM bonus code 'COVERSBONUS' to redeem this offer, which expires on May 19, 2025. 

Fanatics Sportsbook - Choose: Bet $50, Get $250 or $1,000 Bonus: Register with Fanatics Sportsbook today to receive one (1) bonus bet per day equal to the amount of your first wager, up to $100, for your first ten days using the platform. Daily qualifying wagers must settle as a loss, and be at least $1 and have odds of -500 or longer to be eligible. Additionally, you can choose a 'Bet $10, Get $50 in Bonus Bets (5x)'  instead. No Fanatics Sportsbook promo code is required to claim these offers, which are valid until May 31, 2025.

bet365 - Bet $5, Get $150: Use bet365 bonus code 'CVSBONUS' and turn a $5 bet into $150 in bonus bets. Make a minimum $10 initial deposit and place a qualifying wager within 30 days of opening their account to activate this offer.

This promotion must be claimed through the bet365 Sportsbook app and is valid until June 3, 2025, at 6:59 a.m. ET.

FanDuel - Bet $5, Get $200: First-time FanDuel Colorado customers can now secure $200 in bonus bets guaranteed after making a $5 deposit and placing a $5 wager on any market. No FanDuel promo code is required to claim this offer, which is valid through June 2, 2025. 

Caesars Sportsbook - Double Your Winnings (10x): Use Caesars Sportsbook promo code 'COVERSBONUSDYW,' and 10x 100% profit boosts, each worth up to $2,500, after you make a minimum $10 deposit and lose your initial real money wager of at least $1. New users must place an initial wager within 30 days of activation to qualify, and bonus credits expire after 14 days. This offer expires at 11:59 a.m. ET on May 29, 2025.

Terms and conditions apply to all bonuses and promotional offers.

Colorado sports betting updates

Colorado became one of the states that allowed sports betting on May 1, 2020, but clearing the legislature was only the beginning. The path to legalization came less than six months after Colorado voters approved a ballot measure, by a slim margin, that would cover the regulation of sports betting through licensed casinos. 

Both mobile and retail sports betting are permitted under Colorado law. The state will leverage tax revenue from sports betting to help fund various state water projects.

This timeline illustrates notable milestones in Colorado's sports gambling history:

April 29, 2025: According to the Colorado Department of Revenue's report, a 5.9% hold during a heavy basketball-betting month in March led to $36.2 million in gross revenue, down 27.6% compared to the same month in 2024 and is the lowest revenue total of 2025. 

April 22, 2025: Colorado's HB 1311, which proposes taxing free bets to increase sportsbook revenues, is advancing, with the bill potentially generating $12 million yearly, funding urgent water infrastructure needs.

April 2, 2025: Colorado's sportsbook nearly triple year-over-year revenue in February, reporting $96.6 million in wagers for the month. 

March 11, 2025: Colorado's January sportsbook revenue skyrockets, with the tax bill hitting an all-time high thanks to a boost in hold.

Dec. 3, 2024: Sportsbooks brace for Colorado Buffaloes dual-threat WR/CB Travis Hunter to win the Heisman Trophy, which would result in good payouts to bettors.

Nov. 27, 2024: Colorado sports betting revenue falls to $39.3M in October, making a 16.2% drop year-over-year from the same month in 2023.

Nov. 13, 2024: Colorado Buffaloes dual-threat WR/CB Travis Hunter has shortest -115 odds to win the Heisman Trophy, which is annually given to College Football's best player.

Oct. 30, 2024: The NFL's return vaults Colorado's handle in September, as football accounted for more than 30% of the state's total wagers. 

Oct. 24, 2024: bet365 partners with Kroenke Sports to allow Colorado sports fans to watch local Denver Nuggets and Colorado Avalanche games through direct-to-consumer streaming options.

Oct. 2, 2024: Colorado's handle has a 22% year-over-year increase thanks to college football and table tennis betting. 

Sept. 30, 2024: bet365 hires 1,000 new employees for their new Colorado-based U.S. headquarters.  

Sept. 20, 2024: The Colorado Buffaloes still move the needle in terms of sports betting action thanks to star players and head coach. 

Sept. 19, 2024: SI Sportsbook closes shop in Colorado, marking the third operator to exit the Centennial State this month. Colorado now is home to 14 online sports betting sites. 

Sept. 6, 2024: The public is "all over" the underdog Colorado Buffaloes entering their primetime matchup against Nebraska this weekend. 

Sept. 4, 2024: Colorado's sports betting revenue surges in July, bringing in $32.5 million for the month.

Sept. 2, 2024: BetSafe announces its exit from Colorado, marking the second sportsbook to leave the Centennial State in September. 

Aug. 31, 2024: Australian-owned ClutchBet announces exit from all U.S. markets, including Colorado, on Sept. 16, 2024. 

Aug. 22, 2024: Colorado regulators removed a 145 'negative' sports betting markets from local operators.

July 29, 2024: Baseball and basketball fuel Colorado's 206% year-over-year revenue increase for sports betting in June. 

July 22, 2024: SuperBook Sports pulls out of eight post-PASPA states, including Colorado. 

July 1, 2024: Colorado bettors wager heavily on the NBA Playoffs, helping the state to top $400 million in sports betting handle. 

June 24, 2024: The Colorado tribes' sports betting plans continue to face resistance from local lawmakers.

June 3, 2024: bet365 is offering fixed odds for horse racing for users in New Jersey and Colorado.

June 3, 2024: Colorado's sports betting handle reaches over $500 million for the eighth consecutive month

May 6, 2024: Colorado propels to a $593 million handle in March thanks to basketball betting. 

March 7, 2024: Colorado sports betting operators set a new revenue high in January, eclipsing $53.5 million in wagers — $2.2 million increase from the previous record. 

Feb. 21, 2024: A partnership between bet365 and SIS sees fixed odds horse racing land in Colorado, marking the first time it has been made available in the U.S.

Feb. 2, 2024: Colorado sees a record-high handle and tax revenue in December, accepting $716.4 million in wagers and charging operators $3.6 million in taxes. 

Jan. 26, 2024: bet365 launches a free-to-play fantasy contest in five states, including Colorado, ahead of NFL Championship Weekend, offering a $25,000 prize pool for each game.

Jan. 15, 2024: Colorado sees statewide record-high $608.4 million in sports betting handle for November.

Dec. 13, 2023: With an October Colorado betting handle of $554.8 million, CO sportsbooks see an 8% lift in total bets compared to September.

Nov. 14, 2023: ESPN BET goes live with online and mobile sports betting, launching in Colorado and 16 other states.

Nov. 2, 2023: ESPN BET plans to launch on Nov. 14, 2023, with online sports betting going live in 17 U.S. states, including Colorado.   

Oct. 31, 2023: Sports betting-like fantasy contests poised for Colorado crackdowns.

Sept. 12, 2023: Colorado's Department of Revenue reports $281.1 million in sports bets for the month of July. 

Sept. 8, 2023: Bally Bet returns to Colorado as a Kambi sportsbook.

Aug. 31, 2023: FOX Bet officially shuts down operations in Colorado after a phased closure. Users who still have a balance in their account can play on PokerStars and PokerStars with the same login. 

Aug. 29, 2023: Colorado welcomes a new online sportsbook — Sporttrade — to the state.

Aug. 11, 2023: WynnBET announces that it will be exiting the Colorado sports betting market as soon as possible. 

Aug. 1, 2023: Colorado's Department of Revenue announces $310.6 in retail and online sportsbook wagers for June 2023.

July 24, 2023: PlayUp Colorado continues to accept bets, despite an appeal to place its site in "maintenance mode."

June 16, 2023: Colorado’s Gaming Commission voted 3-1 to postpone adopting new rules about sports betting exchanges.

May 4, 2023: Colorado sports betting revenue doubles in March thanks to a March Madness boom.

April 25, 2023: ClutchBet enters its second U.S. market, launching in Colorado. The BlueBet sportsbook went live in Iowa in August 2022.

April 5, 2023: The Colorado Rockies announce a three-year advertising partnership with bet365.

March 29, 2023: With the Kentucky Derby looming, DraftKings introduces its horse-racing app to the Colorado sports betting landscape.

March 3, 2023: A bump in Colorado's January sports betting handle stems from an uptick in wagering on basketball's return. 

Additionally, Sen. Dylan Roberts and Rep. Cleave Simpson introduce Senate Bill 177, which would allocate $10.6 million in sports betting revenue to state water projects. 

Feb. 17, 2023: The Colorado Limited Gaming Commission (CLGC) fines Monarch Casino $400,000 for proxy betting by three employees. The fine is the largest ever imposed on a casino operator in the state.

Feb. 10, 2023: Simulcast wagering on greyhound racing could be coming to an end, as HB 1041 moves forward in the state legislature. While Colorado banned live greyhound racing in 2014, the bill would see the termination of wagers on races that occur on out-of-state tracks. 

Jan. 5, 2023: Colorado sports betting recorded its second largest monthly handle in November 2022.

Jan. 3, 2023: New Colorado sports betting bill could double tax revenues almost immediately.

Oct. 20, 2022: Underdog Sports secures a temporary license to operate in Colorado, setting the stage for the company to launch its sports betting product in its first two states come 2023.

Sept. 1, 2022: bet365 becomes the 26th online sportsbook to go live in Colorado.

Aug. 2, 2022: Seven-time Formula One champion Lewis Hamilton joins the Denver Broncos ownership group.

June 30, 2022: Colorado becomes the seventh state to surpass $7 billion in total sports betting handle. 

BetWildwood shuts down its Colorado sports betting app as it prepares to launch a new and improved app.

June 15, 2022: The state's director of gaming, Dan Hartman, reveals that hockey betting handle increased 145% from April 2021 ($10.6 million) to April 2022 ($26 million). The Avalanche currently sit in the Stanley Cup Final.

June 14, 2022: An audit conducted by the Colorado Office of the State Auditor reveals significant issues with the Colorado Division of Gaming's regulation of sports betting, including a failure to properly perform background checks for a multitude of licenses. 

May 30, 2022: Colorado's sports betting handle slipped in April compared to March but was higher year over year.

May 10, 2022: The Senate-amended "Responsible Gaming Grant Program" bill is advanced by the House via a 50-15 vote. The legislation now heads to the desk of Gov. Polis to potentially be signed into law.

May 6, 2022: A bill that would fund problem gaming programs in Colorado is amended by the Senate to note that the $3 million dedicated to the issue would be provided "annually" rather than "continuously," upsetting advocates for gambling addiction treatment and prevention. The bill passes through the Senate, 25-8, and proceeds to the House.

April 28, 2022: Colorado's sports betting handle rebounded in March to $505.6 million, thanks largely to college basketball betting around March Madness.

April 27, 2022: BlueBet reveals that its U.S. brand, ClutchBet, will be used when it launches an online sportsbook in Colorado.

April 26, 2022: Alec Garnett, the state's Speaker of the House, introduces a bill that would fund responsible gambling programs in Colorado.

April 20, 2022: MaximBet and Colorado Rockies outfielder Charlie Blackmon announce a sports betting ambassador partnership. The deal is the first of its kind between a regulated sportsbook and an active MLB player.

April 5, 2022: Colorado sports betting slowed in February, with sportsbooks accounting for a total handle of $440.5 million —a 23% decrease from January’s handle.

March 17, 2022: The Colorado Limited Gaming Control Commission approves an adjustment to the state’s sports betting rules that allows for fixed-odds wagering on horse and greyhound racing. The practice is set to receive an 18-month trial run.

March 4, 2022: Colorado Division of Gaming suspends all betting on Russian sports. 

March 1, 2022: Colorado posts an all-time single-month sports betting handle record of $573.7 million in January 2022, crushing its previous best of $491.5 million in October 2021.

Feb. 10, 2022: Betsson, the Swedish gaming operator, reveals plans to launch its mobile sportsbook in Colorado later in 2022.

Jan. 26, 2022: BlueBet signs a skin agreement with the Wild Card Saloon & Casino in Blackhawk. The Australia-based BlueBet will look to launch an online sportsbook in CO, pending licensing and regulatory approval.

Jan. 24, 2022: Kambi becomes the new exclusive sportsbook provider of MaximBet.

Jan. 3, 2022: Colorado sportsbooks registered record revenue in November, returning nearly $2 million in taxes for the state.

Dec. 17, 2021: bet365 receives approval to offer online sports betting in Colorado.

Sept. 2021: SI Sportsbook, partnered with 888, goes live in Colorado.

Aug. 2021: Barstool Sportsbook, the Penn National Gaming-controlled property, launches in Colorado.

May 2020: The first online Colorado sportsbooks officially go live as BetMGM, BetRivers, DraftKings, and FanDuel all launch in CO.

Nov. 2019: Colorado Proposition DD narrowly passes a voter referendum, allowing the state’s 33 casinos to apply for licenses to offer in-person and online sports betting.

May 2019: Governor Jared Polis signs the 37-page bill into law.

April 2019: House Bill 1327 is introduced by Rep. Alec Garnett. The bill would legalize sports betting in Colorado.

Is sports betting in Colorado legal?

Yes, sports betting is legal in Colorado. Regulated mobile sports betting arrived on May 1, 2020, while retail or land-based sports wagering began shortly after, launching on June 18, 2020.

What sportsbooks are legal in Colorado?

The first Colorado sports betting sites went live on May 1, 2020. Today, 13 online operators are accepting bets in the Centennial State.

The Colorado Division of Gaming has approved the following online operators to date:

1. BetMGM - Best for banking
   
   
2. Fanatics - Flexible FanCash rewards
   
   
3. bet365 - Intuitive menus
   
   
4. FanDuel - Top sportsbook
   
   
5. Caesars - Best welcome bonus
   
   
6. DraftKings - First-class app
   
   
7. BetRivers - Best for new bettors
   
   
8. SBK Sportsbook - Sharp odds
   
   
9. Bally Bet - Nice odds boosts
   
   
10. ESPN BET - Lots of markets
    
    
11. BetMonarch - Locally-owned
    
    
12. Circa Sports - High limits
    
    
13. Sporttrade - Trade wagers

Legal sportsbooks in Colorado

Editor's Note (Sept. 3, 2024): BetSafe exited Colorado on Sept, 30, 2024 We will continue to share pertinent updates as the situation unfolds. 

Legal sports bets may be placed online via a computer or mobile device. In-person sports wagers are permitted in Colorado at one of the state’s several retail locations.

Colorado's online and mobile sportsbooks

Land-based Colorado sportsbooks

Latest Colorado sports betting news

Who can bet on sports in Colorado?

Anyone 21-years of age and over and located in the state may place a sports bet in Colorado. Players can visit a physical sportsbook or use a computer or mobile device to wager online.

Here’s everything you need to know before placing your first sports bet in Colorado.

The pros and cons of Colorado sports betting

Fully remote registration is a massive win for Colorado sports bettors. With nearly all of the state’s casinos situated in three sparsely populated rural areas, accessibility could have been a significant hurdle otherwise.

There’s not much to gripe about when comparing Colorado sports betting laws to those of other states. The absence of college prop bets is the only real significant betting opportunity omitted from Colorado law.

Low barrier to entry for online operators

Fully online registrations and deposits

No limit on the size of bets

No college prop bets

Glitchy geolocation software

Retail outlets in remote areas

How to start betting in Colorado

With remote registration and online betting, it’s easy to get started with sports wagering in the Centennial State. Alternatively, Coloradans may visit a brick-and-mortar sportsbook in a state-licensed casino if physical bets are preferred.

What you can't bet on in Colorado

Colorado may have the least restrictive sports betting law in the country. Flush with betting opportunities, Coloradans and visitors of the Centennial State can lay a sports bet on just about any event imaginable.

However, there are a few exceptions highlighted here:

NFL Draft

Football fans in Colorado are fortunate enough to be one of the states where you can legally wager on the NFL Draft. Check out our guide for how to bet on the NFL Draft in 2025. 

College sports

Sports bettors are free to place bets on any college team in the country. Player props are not offered, however.

esports

While esports betting is legal in Colorado, all esports events must be approved individually by the Esports Integrity Commission (ESIC).

Politics

Colorado sports betting does not include wagers on political events.

Awards ceremonies

While popular with offshore sites, celebrity and pop-culture events such as the Academy Awards are off-limits at Colorado sports betting sites

Colorado sports betting handle

Colorado has quickly become a significant market for sports betting in the United States. The state has registered over $3 billion in sports bets in the year following the legalization of sports wagering.

Colorado's monthly betting handle has surpassed $600 million on five occasions, and in January 2022, it broke the $500 million mark for the first time. The state's 6.4 hold percentage was second-lowest among all states with legalized sports betting in 2020.

We're tracking sports betting revenue for all legal U.S. jurisdictions, including reporting on the monthly handle and hold. 

Here's a look at Colorado's sports betting earnings to date:

Yearly breakdown

Monthly handle

Home team advantage: Colorado sports

It's a great time to be a Colorado sports fan. Between the Denver Nuggets winning their first NBA Championship in 2023 and the Colorado Avalanche lifting the Stanley Cup in 2022, the hometown teams have given their fans plenty to cheer about lately. 

But even with the recent success, Coloradans must put their local biases aside and conduct research before placing any wager. Be sure to review our how to bet guides before blindly betting on any of your favorite teams.

NHL

Colorado Avalanche

Get live NHL odds

NBA

Denver Nuggets

Get live NBA odds

NFL

Denver Broncos

Get live NFL odds

MLB

Colorado Rockies

Get live MLB odds

Although no scheduled fights or Formula One races are coming to the Centennial State anytime soon, the best UFC betting sites, boxing betting sites, and F1 betting sites easily allow you to back fighters and drivers you can cheer on as passionately as your hometown teams.

Colorado sports betting law

Legal Colorado sports betting arrived courtesy of House Bill 1327, which authorized the state’s 33 licensed casinos to obtain a primary license to offer sports betting at their respective casinos via an online website or mobile application.

We've highlighted pertinent Colorado sports betting milestones:

• The Colorado Limited Gaming Control Commission and Colorado Division of Gaming regulate online and retail sportsbooks.
  
  
• Commercial and tribal casinos can legally operate sportsbooks within their casinos.
  
  
• Only individuals 21 or older can bet on sports in Colorado.
  
  
• 13 online sportsbooks operate in Colorado.
  
  
• Colorado allows for college sports betting, including wagering on in-state teams.
  
  
• esports regulations permit wagering on competitions sanctioned by a sports governing body or equivalent.
  
  
• Gambling winnings are treated as taxable income at a rate of 4.6% for Colorado residents.

Other types of gambling

Colorado is home to 40 casinos, five poker rooms, and one racetrack.

Beyond sports betting, state lawmakers have remained hesitant to usher in any other forms of online gambling.

Quick facts: Colorado sports betting

Here’s the deal: Coloradans have adopted mobile sports at a high clip, with more than 90% of sports bets in Colorado placed via a mobile device.

Favorable conditions for operators and an engaged fanbase contribute to Colorado's early sports betting success.

Here are critical takeaways from Colorado's sports betting structure:

Responsible gaming in Colorado

Denver betting resources

Denver sports betting has catapulted in popularity and is available to anyone at least 21 years of age. 

We have prepared multiple guides to help provide the best Denver sports betting resource. 

Interested in the full Denver sports betting city guide? Check it out here.

Denver stadium betting

Find out which Denver stadiums allow live betting.

Denver In-Game Stadium Betting

Denver sports betting apps

Covers breaks down the best Denver sports betting apps.

Best Denver Sports Betting Apps

Best Denver sports bars

Find the best sports bars in Denver.

Best Denver Sports Bars

Legal U.S. sports betting markets

Colorado formally legalized sports betting following the Supreme Court's ruling to overturn the long-standing federal ban on sports gambling. Sports gambling is also legal in these U.S. jurisdictions:

Legal U.S. sports betting launches

Tar Heel State bettors can now register with several industry leaders, including FanDuel, DraftKings, and Caesars Sportsbook. North Carolina sports betting officially launched its online wagering market on March 11, 2024. 

To kick off the new year, legal Vermont sports betting went live on Jan. 11, 2024. Three operators — FanDuel, DraftKings, and Fanatics Sportsbook — have operating licenses and were available on launch day.

Maine sports betting became legal on Nov. 3, 2023, with the arrival of DraftKings and Caesars Sportsbook. Both operators partnered with local state tribes, as the state's tribes hold exclusive rights regarding mobile apps and retail sports betting at local casinos. 

Legal Kentucky sports betting kicked off on Sept. 7, 2023, with the arrival of retail betting. Meanwhile, online sports betting launched on Sept. 28. 

Potential legal U.S. sports betting markets

The number of states moving toward legal sports betting continues to grow, but there are still many that have yet to take the plunge. 

Here are the untapped markets which could potentially open up soon:

Colorado sports betting history

On May 2020, Colorado legalized sports betting after a ballot measure was approved by voters, allowing licensed casinos to regulate the operation. Colorado sports betting law permits mobile and retail sports betting and will generate tax revenue to support state water projects, among other initiatives.

• 2023: A yet-to-be-named online sports betting operator stands to benefit from a multimillion-dollar tax break in Colorado.
  
  
• 2022: Globally-renowned sports betting site bet365 comes online in September within the Colorado sports betting ecosystem. 
  
  
• 2021: At the midway point of the year, more than 20 online Colorado sportsbooks establish a presence.
  
  
• 2020: The country's most prominent sports betting brands, including BetMGM, BetRivers, DraftKings, and FanDuel, come online in Colorado.
  
  
• 2019: Voters approve legal Colorado sports betting via a ballot referendum by a slim margin.

Colorado sports betting resources

Leverage these resources for more information about legal Colorado sports betting:

Colorado Limited Gaming Control Commission and Colorado Division of Gaming: Regulator of Colorado sports betting 

Colorado General Assembly: Legislative branch for approving laws

Colorado Gaming Association: Facilitates prevention and treatment for problem gambling. 

Sports betting Catalog: Repository of all approved bets authorized by the Colorado Limited Gaming Control Commission

Division of Gaming: List of Colorado sports betting rules

Colorado sports betting conclusion

The ability to register an account with 13 legal and regulated Colorado sportsbooks underscores its significance in the U.S. sports betting industry. The Colorado Division of Gaming oversees and regulates the legal market and has implemented rigid standards to assure player safety and security.

Each of the 40 casinos found in Colorado’s three mountain gambling towns is legally permitted to offer sports betting, as online and in-person sports betting are permitted under Colorado law. Competition from neighboring states is minimal, which benefits Colorado residents and visitors alike.