The Latest On Gambling in Colorado 2024
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Home to numerous popular sports clubs – from the Colorado Avalanche and Denver Broncos to the Colorado Rockies and Denver Nuggets – our state also hosts many sports fans.
Typically, many people who like and watch sports are highly likely to place a bet or two.
First things first, online gambling in Colorado is an in-between area. While the governor still hasn’t legalized registering online casinos on the territory of this state, residents can play casino games on other online platforms, including offshore casinos and sites like Stake that operate mainly with crypto.
However, Stake has faced many controversies in recent years, and there are many crypto casinos that are actually better in many ways, from easier registration and wagering from the comfort of your home to dozens of incentives and options. You can be sitting in Denver, and fund your game of online poker with cryptocurrencies. In the words of Techopedia’s iGaming analyst Kane Pepi, many online platforms and offshore casinos accept crypto, while all enable payments with credit cards.
All these features make online games more than comfortable for any player, Denverites included.
For the time being, punters and gamblers can freely and legally enjoy their games at 35 in-state, brick-and-mortar casinos. Unlike some other federal states, where tribal casinos are prevalent, this isn’t the case in Colorado. With 33 commercial, licensed casinos and only 2 tribal ones, Colorado is probably the only state with such a ratio in favor of non-tribal gambling parlors.
If we know that the gross gaming revenue in 2023 was $1.48 billion and this industry supports more than 19,000 jobs, we can assume that the authorities won’t wait for too long to fully legalize online gambling.
Speaking of online games of chance, the situation is different with online betting. Sports betting – both online and offline – became legal in May 2020. Before that, the state General Assembly adopted the Proposition DD near the end of 2019.
With more than 20 sports betting websites and apps at the palms of their hands (literally), the citizens of Colorado can bet on local, national, and global matches. This NBA season, however, they won’t be able to wager on the Denver Nuggets anymore, as they’ve been eliminated from the playoffs, after losing their 7th match to the Minnesota Timberwolves.
However, those who bet on the Nuggets to win the 2023 season hit the bull’s eyes. Also, let’s not forget the fact that the Nuggets’ center Nikola Jokic has been named this season’s MVP; so, those Coloradoans who believed Mr. Jokair would win the most votes scored a double-double (won a bet and had their local team’s player get the MVP title).
As for the legal details regarding both betting and gambling activities within the borders of this almost-square state, players need to turn 21 to legally participate in those games.
While iGaming and offline wagering are equally forbidden for the underaged, it’s impossible to dodge online betting restrictions. Namely, bettors need to register with every legal betting website/app to place a bet in Colorado. What’s more, they must enter their personal and payment data to deposit their accounts and withdraw the money in case they win a bet. In all these procedures, website admins won’t accept your registration and payment method if you’re not an adult person.
To sum it up, offline gambling and all forms of betting are allowed and possible in the territory of the State of Colorado. The cherry on top is the option to turn to iGaming platforms registered outside Colorado and the US. Hence, there are enough options for various fans of games of chance across this state.
