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Sports Betting News Colorado Voters Lift Cap On Sports Betting Revenue, Boosting Water Conservation Funding | RobinsPost News & Noticias

As sports betting explodes, voters will be asked to let Colorado use ...


Four years after sports betting became legal in Colorado, the wagers have proven to be more popular than the lawmakers who crafted the legislation ever anticipated. That means the 10% tax on the bets’ ... Read More

Sports-betting taxes could fund Colorado water projects


Colorado voters in 2019 allowed a $29 million cap on how much sports-betting revenue the state can keep. Anything above the cap is refunded to casinos and online sports betting companies. Read More

Proposition JJ would allow Colorado to keep sports betting tax revenue


Colorado voters will decide through Proposition JJ in the November election if the state can keep excess tax revenue from sports betting for water projects or must return it to casinos. Read More

Colorado is looking for a way to generate more revenue from sports betting


When sports betting was approved in Colorado, lawmakers included a $29 million cap on that 10% tax rate, but Colorado voters removed that cap via a ballot measure that November. Read More

Proposition JJ: Tax revenues from sports betting will protect Colorado ...


Proposition JJ asks whether the state can keep and spend all tax revenues from sports betting, beyond the current $29 million cap. Read More

Prop JJ: Giving More Colorado Sports Betting Revenue to Water Projects ...


Sports betting is set to make Colorado over $31 million in 2024, but the state is only allowed to keep $29 million unless voters approve Proposition JJ. Read More

Colorado voters narrowly approve legalized sports betting


DENVER — Voters have narrowly passed a ballot measure making Colorado the 19th state to legalize sports gambling, with the new tax revenue slated for water conservation projects. Read More

Colorado Voters Narrowly Pass Sports Betting Initiative


Colorado voters narrowly passed a ballot initiative Tuesday that legalized sports betting at the state’s 33 casinos in the former mining towns of Black Hawk, Central City and Cripple Creek. Read More

As sports betting explodes, voters will be asked to let Colorado use ...


Four years after sports betting became legal in Colorado, the wagers have proven to be more popular than the lawmakers who crafted the legislation ever anticipated. That means the 10% tax on the ... Read More

Colorado voters narrowly approve legalized sports betting


Garnett is co-sponsoring a proposal in the Legislature to dedicate a limited revenue stream from legalized sports betting to a state water conservation plan. Read More


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