Posted inBusiness, News, Politics and Government

Colorado sports betting needs more regulation, audit finds

Colorado regulators haven’t completed background checks for a majority of internet operators in the state’s nascent sports betting industry, possibly allowing operators with criminal backgrounds or financial conflicts of interest to operate, a state audit has found. The audit released Tuesday also found discrepancies between some operators’ reported net proceeds and their tax payments on those wages, […]

Posted inBusiness, Economy, Environment, News, Politics and Government

Colorado sports betting is popular enough to quickly benefit state water projects after all

Colorado voters’ gamble may have quickly paid off after all.  Sports betting got off to a hot start, meaning enough tax revenue has already been collected to start benefiting Colorado’s Water Plan projects. That’s despite projections from Gov. Jared Polis’ administration warning that the wagering would begin slowly and that money wouldn’t flow to water […]

Posted inElection 2020, Politics and Government

Colorado election 2020 results: President, Senate, House and ballot questions

Colorado voters set turnout records in the 2020 election, driven by huge interest in the presidential race, a major U.S. Senate contest, a close battle in the 3rd Congressional District and a series of significant ballot measures. The Colorado Sun is tracking the election results in these top races and updating the counts in real […]

Posted inBusiness, Education, Election 2020, Health, Outdoors, Politics and Government

Colorado 2020 election: A quick guide to the ballot questions on abortion, wolves, taxes, sick leave and more

Colorado voters will decide 11 statewide policy questions on the November ballot — a list of far-reaching measures that will help set the direction for the state’s future. The 2020 ballot asks voters whether Colorado should put limits on abortion and create a state program designed to provide paid time off to workers for medical […]

Posted inBusiness, Education, News

University of Colorado signs sponsorship deal with sports betting operator

BOULDER — The University of Colorado has signed a partnership deal with a Denver-based sports betting operator. The five-year corporate sponsorship with PointsBet was negotiated by Learfield IMG College, the media rights holder for Buffaloes athletics. PointsBet will have signage at Colorado’s football stadium and basketball arena and ads on radio broadcasts and other media. […]

Posted inNews, Politics and Government, Sports

Table tennis got the lion’s share of Colorado’s first $25 million in sports betting wagers

More than $6.5 million was wagered on table tennis matches in Colorado in May, accounting for about a quarter of the state’s first month of sports betting. Gamblers shelled out a total of $25.6 million in sports bets in May as they contended with a shutdown of professional American sports because of the coronavirus crisis.  […]