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

But the cap was calculated using extremely limited data because Colorado was one of the first states in the country to legalize sports betting. This year, the revenue is expected to exceed that cap by ... 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

Proposition JJ on Colorado’s ballot asks voters to decide whether the state should continue returning excess sports betting tax revenue to casinos — or keep the money to spend on water projects. 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, ... Prop JJ Asks Voters to Move More Sports Gambling Revenue Toward ... The Colorado Water Conservation Board does not have an ... Read More

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

Colorado voters voted to approve sports betting in 2019. Colorado has one of the lowest tax rates on sports betting in the nation at 10%. Some states, like New York, have tax rates over 50%. Read More

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

In 2019, Colorado voters made a wise decision by passing Proposition DD, which allocated the proceeds of a tax on sports betting operators to help fund the implementation of Colorado’s Water Plan. Read More

Proposition JJ: Colorado would be allowed to keep all sports betting ...

In 2019, voters legalized sports betting in Colorado and authorized the state to collect up to $29 million per year in tax revenue, money that primarily goes to water projects. Read More

Voters to decide to keep sports betting tax revenues to fund water projects

In 2019, voters approved Proposition DD, which legalized sports betting and allowed the sate to use $29 million annually to fund state water projects. Bedford says future projects are under ... Read More

Colorado sports betting revenues keep rising, even through the ...

The increased interest in sports betting means more tax revenue for Colorado. Last year, Colorado collected $31.9 million from those bets. And Colorado will get to keep all that money thanks to ... Read More

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

But the cap was calculated using extremely limited data because Colorado was one of the first states in the country to legalize sports betting. This year, the revenue is expected to exceed that cap by ... Read More

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

When Proposition DD, which legalized sports betting, was approved in 2019, lawmakers set a $29 million cap on the amount of taxes that could be collected as part of an effort to get bipartisan ... Read More