CRIPPLE CREEK, Colo.- After proposition DD was passed narrowly by Colorado voters in the 2019 election, seven casinos in the state received the license to allow sports betting.
Four of those casinos are in Cripple Creek according to Dan Hartman the director of the State's Gaming Enforcement Division. They are Double Eagle, the Brass Ass, Midnight Rose, and McGills. Hartman tells KRDO other casinos have also applied and are awaiting approval.
On Thursday the Colorado Limited Gaming Control Commission unanimously approved the rules and regulations for sports betting. Now, those casinos have until May 1st to get everything in order before they can start sports bets and Hartman says they still have a lot of leg work ahead of them, "It's going to be a process there's a lot of moving parts to getting up any new regulatory framework in any state."
The law allows casinos to have sports betting on their property or through an app on your phone, but the app has to have some sort of age verification and location finder. "They'll geo-locate a bettor when they go to push that button, to make sure they know exactly where they are," Hartman says.
The State is also allowing casinos to develop their own app or they can go through internet sports betting operators like DraftKings or Fan Duel allowing a third party to handle it for them. That too will be heavily inspected by the state.
"There's a lot of checks and balances and a lot of procedures they have to go through to make sure that is safe and that it's really secure," Hartman says.
For those who do wager on their phone and win, that money will go directly to your bank account. As for betting limits, Harman says there are none in the state of Colorado, but casinos do reserve the right to set that themselves.