Colorado’s regulatory body has approved its latest round of sports wagering licenses.
Last week, the Colorado Limited Gaming Control Commission (CLGCC) held a meeting where it approved 32 more licenses related to the state’s sports wagering market.
This news comes after the state’s sports betting regulator issued online sports wagering licenses to Fox Bet, PointsBet and FanDuel last month.
The Commission issued master licenses, which allow an operator to work with a licensed land-based sportsbook, a licensed online sportsbook or a licensee that offers both, to Century Casinos’ properties in Central City and Cripple Creek.
Master licences were also awarded to several properties in Black Hawk including the Lodge Casino, Gilpin Hotel Casino, Bull Durham Saloon & Casino and Red Dolly Casino.
Online sports betting licenses were awarded to several online betting brands including, Roar Digital, Rush Street Interactive, Smarkets, William Hill’s American Wagering, Inc., and Penn Sports Interactive which is a subsidiary of Penn National Gaming.
Retail sports betting licenses were also awarded to William Hill’s American Wagering, Inc., which is partnered with the Isle of Capri and Lady Luck Casinos in the state. MGM and GVC’s joint venture, Roar Digital, also received a retail sports betting license.
Roar and Rush Street Gaming have yet to announce their casino partners in Colorado. However, a Roar spokesperson has said that the BetMGM app will be ready to go live with the regulator’s timeline.
The Commission also issued several Supplier licenses relating to sports wagering. Major vendor licenses were issued to International Game Technology (IGT), Penn Sports and Sportradar.
Minor vendor licenses were issued to PXP Financial, Computacenter Fusionstorm and Flexential Colorado, both of which offer IT services. The daily fantasy sports affiliate Awesomo.com also received a minor vendor license.
The Commission also awarded minor vendor license to, the payment providers Intercheck Technologies, Sightline Payments and Worldpay Gaming Solutions. United Tote Company and Geocomply Solutions also received minor vendor licenses.
Betting to launch May 1
Legal sports wagering in Colorado is set to launch on 1 May 2020 after the Colorado legislature approved sports wagering regulations on May 2019.
Although sports wagering was initially set to launch on 1 May, it is not yet clear if this will go ahead due to the coronavirus pandemic. The CLGCC did not discuss pushing the launch date back at the last week’s meeting.
However, there is still room for the launch of sports wagering to be postponed. At a previous meeting, Dan Hartman, Director of the Division of Gaming, said discussions around the launch of sports wagering “certainly will happen.”
The Commission has another meeting scheduled for 16 April, which will be the last scheduled meeting before sports wagering is set to launch in the state.
Sports betting in Coloardo
The Centennial State narrowly legalized sports betting in November 2019 after voters approved the sports betting measure through a referendum.
Three different types of sports betting license will be available: a master license, a sports betting operator license and an internet sports betting operator license. The cost of these licenses has yet to be set.
Colorado’s sports betting legislation will also establish the Colorado Gaming Control Commission (CGCC), a new regulatory body charged with regulating the state’s sports betting industry.