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. […]
sports betting
Posted inCOVID, News
With big sports back, Colorado’s betting scene exploded with $59 million in pent-up wagers
When the coronavirus pandemic shut down major sports in the U.S. and around the world this spring, Peter Jennings felt the sting as more than just a fan. Entrepreneurial since high school and with a head for numbers that helped earn him a degree in finance, he parlayed his love for sports into an unconventional […]
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. […]
Posted inOpinion, Opinion Columns
Silverman: Colorado gamblers face some homework as legal betting begins
Start spreading the news. Odds are you will benefit from this column. Life’s a gamble. Especially now. Should I take this elevator? How close is too close? Does this mask make my face look fat? When will I feel safe in a restaurant? Or standing with strangers rolling disinfected dice at a craps table in Las […]
Posted inEnvironment, News, Outdoors, Politics and Government
Sports betting won’t generate any money for Colorado’s water needs in first year, new analysis says
When Colorado voters OK’d Proposition DD last month, they were told sports betting would deliver millions in tax revenue toward solving the state’s water problems. But a new analysis from the Polis administration shows that likely won’t happen in the first full year of wagering. The Division of Gaming expects sports betting, which starts in […]
Posted inEducation, Politics and Government, Transportation
$10 million poured into 2019 election, but big money couldn’t push Proposition CC to passage
Advocates for Proposition CC outspent the opposition by more than double but still lost in the statewide November election. The two campaign committees behind the ballot question — Coloradans for Prosperity and Great Education Colorado — spent a combined $4.5 million on the failed effort, according to final campaign finance reports filed late last week. […]
Posted inNews, Politics and Government
Colorado voters narrowly approve sports betting, turning on new spigot for water project funding
Colorado became the 19th state to allow sports betting after voters narrowly approved Proposition DD thanks to strong support from people in and around Denver. The ballot question was bouncing between winning and losing as results were reported on Election Night — at one brief point it was locked in a 50-50 tie — but […]
Posted inBusiness, News, Politics and Government
Proposition DD too close to call: Future of Colorado sports betting, water project funding hangs in balance
In a nail-biter of a race, the legalization of Colorado sports betting — and the millions it would generate for water projects — appeared too close to call late Tuesday. By 10 p.m., with perhaps tens of thousands of ballots left to count, the margin between yes and no on Proposition DD was less than […]
Posted inEnvironment, Outdoors, Politics and Government
Colorado may legalize sports betting with Prop. DD. But a different gambling expansion didn’t make it.
In an overwhelming bipartisan vote, the General Assembly agreed to put a question before voters Tuesday to legalize sports betting. But in a little-noticed vote in this year’s legislative session, top Colorado lawmakers rejected a different request to expand state-sanctioned gambling. Colorado Voter Guide 2019: What you need to know about propositions CC and DD […]
Posted inUncategorized, Water
Here’s what you need to know about Colorado’s water plan before voting on Proposition DD
When then-Gov. John Hickenlooper set out to create Colorado’s first comprehensive water plan in 2013, he called the chasm between the state’s water supply and its demand “real and looming.” Colorado’s water supply is already struggling to meet the demands of a growing state today. By 2050, Colorado is expected to add another 3 million […]