Is Online Gambling Legal in Colorado?

is online gambling legal in colorado

Colorado may not have legalized online gambling for real money, yet there are still legal ways to gamble here. Bettors can still place sports bets and enter state lotteries; land-based casinos provide gaming action as well; the only thing missing is an established market for online casino games and poker.

However, if you’re hoping to test out online gambling Colorado has social gambling options. These sites allow players to enjoy casino games for fun without risking real money; making these the ideal way to test out different kinds of casino games before beginning to gamble on real money.

Colorado has a rich and colorful gambling tradition that dates back centuries. Old-school frontier town saloons were frequented by American folk heroes such as Buffalo Bill and Doc Holliday and offered faro, poker and billiards among other games. While today’s gambling industry has evolved significantly since those early days, residents and visitors still only experience gaming within three Rocky Mountain towns – Black Hawk, Cripple Creek and Central City – due to limited licensing laws limiting such activity to these three locations.

In 1990, voters initially authorized limited-stakes gaming in these towns with maximum betting limits set at $5 per game – slot machines, blackjack, and poker were permitted as games of limited stakes gambling. Later, under Amendment 50 in 2008, bets could increase to $100; additional games such as craps and roulette would be added; plus casinos could stay open from 2am-8am every night!

Colorado currently boasts 41 land-based casinos. Furthermore, Colorado also offers an active legal online sports betting market which CO residents can take part in from anywhere within state lines. Major legal online sportsbooks available in CO include DraftKings, FanDuel and BetMGM from international sportsbook operators PointsBet Sports; local casinos Sky Ute Casino and BetWild have also added online sportsbook offerings into their offerings; Sky Ute being two prominent examples.

Colorado law on gambling also permits daily fantasy sports, governed by its Division of Professions and Occupations. Operators must obtain a license from this body in order to provide services, with regular independent audits performed annually on those providing these services. State regulations for DFS prohibit betting on college or lower level sporting events.

Although Colorado does not permit legal online casino or poker sites, residents can utilize several licensed mobile sportsbooks to place bets. The best Colorado online sportsbooks feature various betting markets and top-of-the-line security measures that give users a sense of safety when placing bets. Furthermore, cash or check are accepted methods of withdrawing winnings; wire transfer options allow faster withdrawals.