Colorado Casinos Prepare for Exclusive Introduction of Sports Betting Options

Colorado Casinos Prepare for Exclusive Introduction of Sports Betting Options

Colorado citizens have voted for legalization of sports gambling last year and the state is now getting started to look for possible options. Despite missing the most followed events such Super Bowl LIV and NCAA’s March Madness, local residents will still have an opportunity to enjoy in the beginning of NFL Season. Colorado casinos have already started to prepare for sports betting wagers and official opening of the sports betting season.

More About Launch

Colorado customers impatiently wait for the sports gambling launch which is scheduled for May 1. After the conclusion of a promising partnership with Twin River Worldwide Holdings, both DraftKings and FanDuel operators are ready to accept wagers. The same could be stated for another provider called Ameristar. On this opportunity, VP and GM of Ameristar Casino in Black Hawk, Sean Demuele observes:

“(We’re) thrilled that the voters ed sports betting last November. We’re starting to plan how we’re going to roll it out here at Ameristar. We’re going to start with a sportsbook here on the property, working on the design right now. We’re taking what’s been done in Vegas and improving on that.”

Sports Betting Providers

The sports betting launch will see three Colorado cities, Black Hawk, Central City, and Cripple Creek, sharing 33 sports gambling licenses among their successful casinos. The Colorado Division of Gaming (DOG) is currently inspecting submitted applications and will finally decide who will be awarded the license.

According to DOG notification, 51 applications have been received until January 16 and the state will award only 33 licenses. It means that about half of candidates will stay without authorization with the possibility to get one in the future. DOG issued a statement:

“The Division of Gaming is conducting prep work now to make sure all those qualified applicants who applied for a temporary license have one in place so they can begin on May 1, if they are ready.”

Benefits of Sports Gambling

Colorado officials have already predicted the benefits of sports betting legalization. With authorization of sports gambling options, customers will have an opportunity to place wagers independent of their locations. It means saving the time for traveling in one of three cities that have already approved the option. Colorado residents will happily receive the news about the introduction of sports betting and they will continue placing wagers on popular chances. Some reports state that local residents are among the youngest gamblers compared to the other US states.

Meanwhile, Colorado works on additional polishing of the regulation before the official launch in May. The first changes have already been made and the state will look to eliminate all controversial words.

Source:

“Colorado casinos ready to pull the trigger on sports bets“, calvinayre.com, February 3, 2020.

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