Colorado Sports Betting Bill Heading to Governor

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If the bill passes its third Senate reading, it will go to the governor’s desk before heading to the voters in November. Colorado sports betting revenues would go towards the Colorado Water Plan. DENVER – On Thursday, Colorado’s omnibus sports wagering bill passed its second Senate reading with no amendments.

Sports Betting in Colorado is a Signature Away It didn’t take HB19-1327 long and the May legislative session proved a success. Now, the bill has been sent out of Colorado’s Senate House with 27-8 votes in favor of the proposed sports betting legislation.

A bill to legalise mobile and land-based wagering in Colorado has raced through the state legislature and now heads to Governor Jared Polis’ desk for final approval. HB19-1327 was passed by the Colorado Senate by a vote of 27-8 on May 3, the final day of the state’s legislative session.

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The house bill details provisions which would authorize and tax sports gambling operations in Colorado. By powers granted to the state Governor Jared Polis, HB 1327 was signed into law on May 29 th . Colorado’s HB 1327 had four sponsors behind it, Democratic Representatives Kerry Donovan and Alec Garnett, and Republican Representatives John Cooke III and Patrick Neville.

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Colorado House Quickly Passes Sports Betting Bill Colorado debated and voted to approve a bill today that allows for a vote in November to legalize sports betting. It’s now up to the state Senate to approve the bill and governor to sign it, then voters will have their choice in allowing sports betting within their state.

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If Colorado legalizes sports betting, the tax revenue might not go where you expect Colorado Governor Jared Polis has officially signed the sports betting bill in the state. Earlier this month the Colorado Senate voted 27-8 in favor of the bill that calls for gambling expansion in the state. However, despite the Governor’s approval, the bill will go to voting before the new legislation comes into effect.

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Thus, the future of legal sports betting in Colorado over the near term lies entirely in the hands of the people. What Happens if Voters Approve Sports Betting in CO. The bill the governor has just signed will become law if a majority of voters voice their approval this November.