Colorado SB131 establishes regulations and prohibitions for sports betting to protect vulnerable populations and ensure responsible gambling.
Colorado SB131 introduces measures to safeguard against harmful practices in sports betting. It adds definitions to existing statutes, including terms like "gambling disorder" and "proposition bet." The bill prohibits internet sports betting operators from offering or accepting proposition bets and from directly or indirectly accepting credit card deposits. It also restricts advertising practices, banning enhanced payout promotions and advertisements during live broadcasts or between 8 a.m. and 10 p.m.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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