Colorado to Go Live with Sports Betting on May 1

Only a single meeting remains in the state of Colorado before sports betting proceeds with going live on Friday, May 1 there. The intention is for operators to be up and active for residents to make the most of what can be offered in the current climate. Of course, it all depends upon the outcome of the meeting to be held this month, and whether or not regulators in Colorado intend to follow through with that date.

The Director of the Colorado Division of Gaming, Dan Hartman said that discussions about the May 1 date will definitely be discussed again in April, having previously been talked about in March. Granted, even if that date does remain in place, there’s nothing that will say operators shall definitely be providing their services on May 1. This is primarily due to the fact that Colorado is not going to be having a state-run platform, as will be the case with Washington DC.

In total, 32 additional sports betting licences were approved by the Limited Gaming Control Commission when it held a meeting last week. Included within those licences were certificates for Circa Sports, Penn Sports Interactive, Rush Street Interactive and William Hill. At the same time, all 33 commercial casinos based within Colorado have applied for their master licences.

Of course, it helps that the tax rate for these gambling operators is a very friendly 10%. So, this coupled with the number of licences could actually lead towards Colorado revealing a lot about the United States’ potential overall as a sports betting market.

DC Pushes Back Sports Betting Launch

There’s little doubt that Colorado will be looking to push its sports betting sector forward once it does launch next month. With it will come the possibility for gamblers to place wagers from any location, as mobile apps will also be introduced for sports betting purposes. Should you have an interest in involving yourself in mobile sports betting, then you can always do it by downloading the 10cric app, which is free to do. Once you do, you can sign up for an account and place bets on the variety of sports odds that are available through the platform. This way, you’ll never miss out on betting on your favourite events.

And while Washington DC had the intention of launching its own sports betting sector towards the end of March, that decision has since been reversed and the launch has been put on hold. Once major sporting events return to action, a new date will be set.

It was quie a snap decision as well, because even early on in March, the plans remained in place for the end-of-month launch of the Intralot-powered platform. Of course, the current climate has forced DC to have a necessary rethink on the situation. Regulations in the district do allow for other sports betting apps to be active there, although these won’t be accessible throughout most of DC. Yet, William Hill is entering the fold to team up and operate a sportsbook for Capital One Arena though, and that is expected to be licensed by the beginning of May.

Please follow and like us:
Pin Share

Leave a Reply

Your email address will not be published. Required fields are marked *

*