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 inNews

Colorado’s problem gamblers could find help on the way after decades of indifference

As booming legalized sports betting brings the issue of problem gambling into sharper focus, Colorado lawmakers now are close to approving a grant-based program to fund research and treatment of what clinicians often call “the hidden addiction.” A bill working its way through the legislature would make about $3 million annually available to address longstanding […]

Posted inBusiness, COVID, Culture, Economy, News

Can televised Russian face-slapping save Denver’s sports bars?

When cardboard cutouts filled the stands and the real fans were at home on their couches, Tom Ryan and his team were plotting the rebirth of Denver’s sports bar scene. Banking on corked-up demand, they prepared for this summer’s launch of a new 14,000-square-foot pub in downtown Denver, with high-definition video screens, immersive, room-size video […]

Posted inBusiness, News

MGM offering special sport bets at Buffalo Wild Wings in Colorado, five other states

By Wayne Parry, The Associated Press ATLANTIC CITY, N.J. — BetMGM is offering special sports betting products to customers who are physically inside a Buffalo Wild Wings restaurant in six states starting Thursday in what the companies say is a first-of-its-kind niche in customized sports betting. The casino company is launching a new feature of […]

Posted inClimate, Coloradans, Economy, Environment, News, Outdoors

Colorado’s Water Plan has made progress toward ensuring supply, but the work’s far from done

By Sarah Kuta, Fresh Water News In the five years since Colorado’s Water Plan took effect, the state has awarded nearly $500 million in loans and grants for water projects, cities have enacted strict drought plans, communities have written nearly two dozen locally based stream-restoration plans and crews have been hard at work on improving […]

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 inBusiness, News

Coloradans continue to up the ante on their sports bets. So why did tax revenues plummet?

You’ve seen the come-ons, virtually nonstop on TV in between the onslaughts of political advertising: Online sportsbooks offering “free” money to bet on their site, or offering ridiculous proposition bets that make you a winner in an NFL game if either team scores a touchdown.  Maybe you’ve even downloaded an app yourself and made some […]

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. […]