CLGCC Sets Special Meeting To Meet Sports Betting License Demand

Written By Derek Helling on 03/03/2020Last Updated on March 31, 2020
Colorado mountain range

Colorado may have had a higher demand for sports betting certificates than the state had anticipated. To provide them, the Colorado Limited Gaming Control Commission has convened a particular license approval meeting.

Many more betting users may be able to apply for licenses at the meeting on Thursday, March 5. That might set them up for a start on May 1.

Information about the unique certificate acceptance meeting

The commission’s conference, which is expected to begin on Thursday at 9:15 a.m. MST, may primarily be open to the public. However, the majority of committee members will take part over the phone.

Attendees at Golden does have the opportunity to see whether or not three additional learn licenses, three operator license, and two vendor license applications will be approved. A company that Coloradans should be very familiar with is included in the operator license applications.

DraftKings, which has access to Colorado through a deal with Twin River Entertainment, is seeking approval for vendor licenses that would allow it to offer online and retail sports betting in the state.

The payment may also take into account the cases of three casinos requesting master licenses on Thursday.

    Lady Luck Casino Black Hawk, dba CCSC / Blackhawk Inc.

  • Black Hawk Isle of Capri LLC dba Isle Casino Hotel
  • dba Ameristar Casino Black Hawk LLC

The other party seeking an operator license is Score Digital Sports Ventures. That company operates theScore Bet, which also already has an access deal for Colorado.

Global Payment Systems and Score Media Ventures are the two vendors vying for certificates. While GPS is a payment processing company, the original is the internet division of the same business as Score Digital Sports Ventures.

Soon after a chance for public comment, the meeting will break up. The conference has more significance than just the potential acceptance of those licenses, despite the fact that DraftKings and those three games may be celebrating on this day.

What the payment and ’s activities in this situation mean

The commission vowed to do all it can to help operators prepare for a May Day launch. So far, it has kept that promise.

Not only did the state approve its first seven licenses less than two weeks ago, but it also finalized the regulations for sports betting. The fact that commission members are meeting again on such short notice, most of them remotely, is further proof that they are committed to their word.

This ought to provide Coloradans even more reason to believe that, at the very least, some casinos will begin taking bets on May 1. A ban imposed by Colorado rules prevents them from doing so until then.

Additionally, the possibility that both online and physical sportsbooks will be launched on May Day is increased by the state’s potential approval of controller and merchant licenses on Thursday. The remainder of this quarter and the entire month of April may be enough time to prepare DraftKings and Report Digital if they receive approval.

It & , which is increasingly resembling legitimate sportsbooks, will be live in time for the NHL and NBA finals That & is fantastic news for Avalanche and Nuggets fans looking to place bets.

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Helling Derek

Helling Derek is a lead writer for PlayUSA and the manager of BetHer. He is a 2013 graduate of the University of Iowa and covers the intersections of sports with business and the law.

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