Fox Bet, FanDuel, PointsBet And Several Casinos Land Colorado Sports Betting Licenses

Written By Ken Pomponio on 03/20/2020Last Updated on April 7, 2020
Sports Betting Colorado FanDuel Fox Bet

The Colorado Limited Gaming Control Commission met on Thursday as usual for its regularly scheduled monthly meeting amidst the coronavirus pandemic that has shuttered the state & ’s casinos.

Well, kind on. The CLGCC met via a meeting movie or call that was broadcast live to the general public in accordance with the new social distance norms.

However, during the 2-hour, 15-minute meeting, a total of 16 learn and modest sports betting licenses were approved for casino operators, casinos, advertising firms, and payment processing companies. During and after the meeting, the CLGCC and state & , s Division of Gaming also expressed confidence that the May 1 moratorium deadline or go-live date for in-state sports wagering will still be met.

Sportsbooks Fox Bet, FanDuel, and PointsBet receive approval

Three well-known sporting book companies, Fox Bet, FanDuel, and PointsBet, were highlighted on Thursday’s list of approved sports-betting certificates.

Only PointsBet, which is opening its second US office in Denver, and Fox Bet( run by The Stars Group Interactive US Services ) applied for and were granted certificates for online sports betting. All certificates are valid through 2022.

With their approval, Fox Bet, FanDuel and PointsBet join DraftKings, theScore Bet and Betfred on the Centennial State&;s growing list of approved, licensed operators.

Six games, approved minor-vendor licenses

Six Colorado casinos received their king permissions on Thursday along with the three main national sportsbooks. They were:

  • Mardi Gras Golden
  • Golden Gates
  • Golden Gulch
  • Casino Bronco Billy &
  • Christmas Casino & amp, Bronco Billy & ’s Inn
  • Casino Billy & , s

Twin Rivers Worldwide Holdings properties in Black Hawk make up the initial three, and Full House Resorts games are located in Cripple Creek in the final three. Through 2022, the authorized licenses will remain valid.

Additionally, on Thursday, first-vendor small certificates were approved for OBeP Payments, LLC PopOdds Inc. and Fan Leads INC., while temporary contractor key license applications for BetWorks( US ), Stadium Technology Group LLC, and Sports Information Systems Limited LLC were also approved.

State is also planning to launch activities betting on May 1.

The coronavirus certainly hasn&;t spared Colorado, and Gov. Jared Polis has responded by ordering a number of venues and businesses to close, including all state-licensed casinos. The closure went into effect March 17, and will be in place for at least 30 days.

Even though it & is still obviously conducting business, the Colorado Division of Gaming offices are also closed to the public through April 18.

These are exceptional times, Kristen Blessing, couch of the CLGCC, said at the meeting on Thursday. We all just have to persevere despite how devastating & , It & has been for businesses and casinos. & rdquo,

Dan Hartman, chairman of the Colorado Division of Gaming, added that he thinks the state, game division, and the games are still on track to move forward with the May 1 sports-betting launch date. Hartman did, however, add that the matter will be brought up again in April, most likely at the CLGCC & meeting on April 16.

We have never really gotten close to the start time, & , Hartman said during the public forum section of Thursday&;s meeting. &;We&;re still moving all efforts forward as far as licensing and everything else to ensure that we reach that May 1 date and are able to go. (Further) discussions will happen later on in April as this COVID crisis moves forward, and we&;ll have to see where the (state&;s) casino industry is at that time.”

Following that, a spokesman for the Colorado Division of Gaming supported Hartman & ’s claim that achieving the May 1 target date is still feasible.

Given the current status and progress of adopting rules, approving & , licenses, and implementing procedures for sports betting in Colorado, The Division of Gaming believes, from an administrative standpoint, that the May 1 deadline will be met, according to a spokesperson who responded in an email after Thursday & ’s meeting. & , The larger issue is the state of the unknowable reality that we are all currently experiencing. How long will closures last, & ? What additional steps and procedures may get implemented?

The Division of Gaming and the Limited Gaming Control Commission intend to address these issues, along with others, in April in an effort to gain a better understanding of where we stand and what is happening given the current situation.

& , At that point, crucial choices will be made regarding how we get to Colorado’s May 1 sports betting date. & rdquo,

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Pomponio, Ken

Ken, a fourth-generation Coloradan and professional sports columnist with more than 30 years of experience covering everything from the preps to the professionals, He has lived in the Front Range his entire life and is a long-time sports gambling aficionado. His insight and passion are evident in his protection at PlayinСolorado. He is the son of 1960s Denver Broncos season ticket holders.

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