C.R.S. Section 44-30-1501
Definitions

  • rules
Definitions applicable to this part 15 also appear in section 44-30-103 and article 1 of this title 44. As used in this part 15, unless the context otherwise requires:

(1)

“Casino” means a licensed gaming establishment as defined in section 44-30-103 (18).

(2)

“Collegiate sports event” means a sports event offered or sponsored by or played in connection with a public or private institution that offers educational services beyond the secondary level.

(3)

“Fantasy sports activity” means the conduct of, or participation in, a fantasy contest as defined in section 44-30-1603 (4).

(4)

“Internet sports betting operation” means a sports betting operation in which wagers on sports events are made through a computer or mobile or interactive device and accepted by an internet sports betting operator.

(5)

“Internet sports betting operator” means a person licensed by the commission to operate an internet sports betting operation.

(6)

“Master license” means a sports betting license, issued by the commission pursuant to section 44-30-1505 (1)(a), that authorizes the licensee to either conduct sports betting and internet sports betting itself or contract with a sports betting operator, an internet sports betting operator, or both, to conduct sports betting.

(7)

Intentionally left blank —Ed.

(a)

“Net sports betting proceeds” means the total amount of all bets placed by players in a sports betting operation or internet sports betting operation, less all payments to players, less free bets as described in subsections (7)(b) and (7)(c) of this section, and less all excise taxes paid pursuant to federal law. Payments to players include all payments of cash premiums, merchandise, or any other thing of value.

(b)

Repealed.

(c)

Intentionally left blank —Ed.

(I)

On and after January 1, 2023, when determining the free bets deduction used for calculating “net sports betting proceeds” each month, as described in subsection (7)(a) of this section, a sports betting operator or internet sports betting operator shall include only a portion of the total free bets placed by players with the sports betting operator or internet sports betting operator, as follows:

(A)

On and after January 1, 2023, through June 30, 2024, no more than two and one-half percent of the total amount of all bets placed by players with that sports betting operator or internet sports betting operator each month;

(B)

On and after July 1, 2024, through June 30, 2025, no more than two and one-fourth percent of the total amount of all bets placed by players with that sports betting operator or internet sports betting operator each month;

(C)

On and after July 1, 2025, through June 30, 2026, no more than two percent of the total amount of all bets placed by players with that sports betting operator or internet sports betting operator each month; and

(D)

On and after July 1, 2026, no more than one and three-quarters percent of the total amount of all bets placed by players with that sports betting operator or internet sports betting operator each month.

(II)

For the purposes of subsection (7)(c)(I) of this section, a sports betting operator or internet sports betting operator shall not:

(A)

Carry over to the next month any free bets placed in excess of the deduction allowed for any month; or

(B)

Carry forward any unused free bet credits accumulated before January 1, 2023.

(8)

“Prohibited sports event” means:

(a)

A high school sports event;

(b)

A video game that is not sanctioned by a sports governing body as an electronic competition; and

(c)

Only with respect to proposition bets, a collegiate sports event.

(9)

“Sports betting license” means any of the licenses specified in section 44-30-1505 (1).

(10)

“Sports betting operation” means a licensed wagering operation in which bets are placed on sports events through any system or method of wagering, including single-game bets, teaser bets, parlays, over-under, moneyline, pools, exchange wagering, in-game wagering, in-play bets, proposition bets other than those relating to collegiate sports events, or straight bets.

(11)

“Sports betting operator” means a person that is licensed to operate a sports betting operation in which customers place bets in person at a designated physical location.

(12)

Intentionally left blank —Ed.

(a)

“Sports event” means:

(I)

Any individual or team sport or athletic event in which the outcome is not determined solely by chance, whether amateur or professional, including an Olympic or international sport or athletic event and any collegiate sports event;

(II)

Any portion of a sport or athletic event listed in subsection (12)(a)(I) of this section, including the individual performance statistics of athletes in a sports event or combination of sports events;

(III)

A sanctioned motor sport, as authorized by the commission by rule; and

(IV)

Any other sports event or combination of sports events as authorized by the commission by rule.

(b)

“Sports event” does not include a prohibited sports event or a fantasy sports activity.

(13)

“Sports governing body” means an organization that performs a regulatory or sanctioning function over the conduct of a sports event.

Source: Section 44-30-1501 — Definitions - rules, https://leg.­colorado.­gov/sites/default/files/images/olls/crs2023-title-44.­pdf (accessed Oct. 20, 2023).

44‑30‑101
Short title 44‑30‑102
Legislative declaration 44‑30‑103
Definitions 44‑30‑104
Limited gaming - sports betting - authorization - regulation 44‑30‑105
Limited gaming - cities - commercial districts 44‑30‑106
Exceptions 44‑30‑201
Division of gaming - creation 44‑30‑202
Functions of division - repeal 44‑30‑203
Director - qualification - powers and duties 44‑30‑204
Investigator - peace officers 44‑30‑205
Division of gaming - access to records 44‑30‑206
Repeal of division - review of functions 44‑30‑301
Colorado limited gaming control commission - creation 44‑30‑302
Commission - powers and duties - rules 44‑30‑401
Conflict of interest 44‑30‑501
Licenses - types - rules 44‑30‑502
Key employee - determination of status 44‑30‑503
Licenses - revocable - nontransferable 44‑30‑504
Operator, slot machine manufacturer or distributor, associated equipment supplier, key employee, support licensee, or retailer - qualifications for licensure 44‑30‑505
Considerations for licensure 44‑30‑506
Temporary or conditional licenses 44‑30‑507
Delegation of licensing duties 44‑30‑508
Licensed premises - retail floor plan - definition 44‑30‑509
License - disqualification - criteria 44‑30‑510
Applicants and licensees - providing information - criminal history record check 44‑30‑511
Application - fee - waiver of confidentiality 44‑30‑512
Supplier of licensee - licensure requirements 44‑30‑513
Application - authorization for background investigations 44‑30‑514
License - grounds for approval or denial 44‑30‑515
Licensed premises - safety conditions - fire and electrical 44‑30‑516
Buildings - accessible to persons with disabilities 44‑30‑517
Waiver from liability - state of Colorado - disclosures or publications 44‑30‑518
Renewal of licenses 44‑30‑519
Denial of application 44‑30‑520
Appeal of final action of commission 44‑30‑521
Executive and closed meetings 44‑30‑522
Communications - privileged and confidential 44‑30‑523
Summary suspension 44‑30‑524
Suspension or revocation of license - grounds - penalties 44‑30‑525
Commission hearings - testimony 44‑30‑526
Records - confidentiality - exceptions 44‑30‑527
Executive director and director have access to files and records 44‑30‑528
Licensees - duty to maintain records 44‑30‑529
5) 44‑30‑530
Payments of winnings - intercept 44‑30‑531
Responsible gaming - advertising and promotional efforts - reports of certain licensees required - confidential records 44‑30‑601
Gaming tax 44‑30‑602
Return and remittance 44‑30‑603
Violations of taxation provisions - penalties 44‑30‑604
Returns and reports - failure to file - penalties 44‑30‑605
Local jurisdiction 44‑30‑701
Limited gaming fund - created - repeal 44‑30‑702
Revenues attributable to local revisions to gaming limits - extended limited gaming fund - identification - separate administration - distribution - legislative declaration - definitions 44‑30‑703
Audits and annual reports 44‑30‑704
Enforcement 44‑30‑705
Attorney general - duties 44‑30‑801
Limited gaming equipment manufacturers or distributors, operators, associated equipment suppliers, retailers, key employees, support licensees, persons contracting with the commission or division - criteria 44‑30‑802
False statement on application - violations of rules or provisions of article as felony 44‑30‑803
Slot machines - shipping notices 44‑30‑804
Persons prohibited from interest in limited gaming 44‑30‑805
Responsibilities of operator 44‑30‑806
Gaming equipment - security and audit specifications 44‑30‑807
Gaming equipment - not subject to exclusive agreements 44‑30‑808
Restriction upon persons having financial interest in retail licenses 44‑30‑809
Age of participants - penalties - applicability 44‑30‑810
Employee twenty-one years or older required on premises 44‑30‑811
Persons conducting limited gaming 44‑30‑812
Employee of licensed person - good moral character 44‑30‑813
Minimum payback - limit to a slot machine 44‑30‑814
Key employee - support license 44‑30‑815
Extension of credit prohibited 44‑30‑816
Authorized amount of bets 44‑30‑817
Failure to pay winners 44‑30‑818
Approval of rules for certain games 44‑30‑819
Exchange - redemption of chips - unlawful acts 44‑30‑820
Persons in supervisory positions - unlawful acts - rules 44‑30‑821
Cheating - penalty - definition 44‑30‑822
Fraudulent acts 44‑30‑823
Use of device for calculating probabilities 44‑30‑824
Use of counterfeit or unapproved chips or tokens or unlawful coins or devices - possession of certain unlawful devices, equipment, products, or materials - penalty 44‑30‑825
Cheating game and devices - penalty 44‑30‑826
Unlawful manufacture, sale, distribution, marking, altering, or modification of equipment and devices associated with limited gaming - unlawful instruction 44‑30‑828
Detention and questioning of person suspected of violating article - limitations on liability - posting of notice 44‑30‑829
Failure to display operator and premises licenses 44‑30‑830
Authority, duties, and powers - department of revenue and department of public safety 44‑30‑831
Violation of article as misdemeanor 44‑30‑832
Agreements, contracts, leases - void and unenforceable 44‑30‑833
Financial interest restrictions 44‑30‑834
Revocation or expiration of license - requirement of notification 44‑30‑835
Personal pecuniary gain or conflict of interest 44‑30‑836
False or misleading information - unlawful 44‑30‑837
Conducting gaming activities without a license 44‑30‑901
Events sponsored by charitable organizations 44‑30‑902
Terms of sponsorship 44‑30‑903
Notice of sponsorship 44‑30‑1101
Exemption from federal law 44‑30‑1102
Shipments of devices and machines deemed legal 44‑30‑1103
Ownership or possession of slot machines - rules 44‑30‑1201
State historical fund - administration - legislative declaration - state museum cash fund - rules - definition 44‑30‑1202
Expenditures from the state historical fund - legislative declaration 44‑30‑1301
Definitions - local government limited gaming impact fund - rules - report - legislative declaration 44‑30‑1302
Local government limited gaming impact advisory committee - creation - duties 44‑30‑1401
Definitions 44‑30‑1402
Independent restoration and preservation commission - appointments - qualifications - new appointments - appointments without nominations 44‑30‑1403
Funding - compensation 44‑30‑1404
Officers - bylaws - rules 44‑30‑1405
Meetings 44‑30‑1406
Quorum - action 44‑30‑1407
Final agency action - judicial review 44‑30‑1501
Definitions - rules 44‑30‑1502
Conflict of interest - participants in sports or athletic events 44‑30‑1503
Licenses - rules 44‑30‑1504
Disclosure of information by corporate applicants - license required - investigation - criminal history record check - rules - definition 44‑30‑1505
License classifications - number of licenses - designated sports betting operators - qualifications - rules 44‑30‑1506
Operations - eligibility to place bets - record-keeping - information sharing 44‑30‑1507
Records - confidentiality - exceptions 44‑30‑1508
Sports betting tax - rules 44‑30‑1509
Sports betting fund - wagering revenue recipients hold-harmless fund - creation - rules - definitions - repeal 44‑30‑1510
Audits 44‑30‑1511
Unlawful acts 44‑30‑1512
Penalties 44‑30‑1513
Other laws inapplicable 44‑30‑1516
Duties of licensees under the gambling payment intercept act 44‑30‑1601
Short title 44‑30‑1602
Applicability of common provisions 44‑30‑1603
Definitions 44‑30‑1604
Rules 44‑30‑1605
Registration 44‑30‑1606
Licensing - rules 44‑30‑1607
Consumer protections 44‑30‑1608
Duty to maintain records 44‑30‑1609
Authorization to conduct fantasy contests 44‑30‑1610
Grounds for discipline 44‑30‑1611
Civil fines 44‑30‑1612
Applicability 44‑30‑1613
Hearings 44‑30‑1701
Definitions 44‑30‑1702
Responsible gaming grant program - creation - rules - application process - cash fund created - repeal 44‑30‑1703
Exclusion of certain individuals from participation in gaming activities - duties of division - mechanism for self-exclusion - confidential records - rules
Green check means up to date. Up to date

Current through Fall 2024

§ 44-30-1501’s source at colorado​.gov