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Colorado fines BetMGM for illegal betting, imposes $50,000 penalty

Colorado fines BetMGM for illegal betting, imposes $50,000 penalty

Colorado's gaming regulatory body issued a $50,000 fine to BetMGM for accepting 48 bets on college player props that were explicitly prohibited. This marks the second similar penalty within five months in the state, amidst increasingly strict regulations on college sports betting nationwide.Penalty

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BETER obtains Colorado gaming supplier license, collaborates with Bet365 to launch esports event betting.

BETER obtains Colorado gaming supplier license, collaborates with Bet365 to launch esports event betting.

Global rapid betting content and sports data provider BETER has officially obtained the "Vendor Minor License" issued by the Colorado Department of Gaming in the United States, and is allowed to provide real-time data and streaming services to licensed operators in the state. The company announced a

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Betfred will cease operations in Colorado

Betfred will cease operations in Colorado

Betfred announced that it will cease operations in Colorado on August 31, the same day the company also shut down its sports betting business in Ohio. A month earlier, the company had stopped operations in Maryland. It will become the fourth operator this year to exit the Colorado sports betting mar

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Improved online odds help Colorado sports betting revenue surge in June

Improved online odds help Colorado sports betting revenue surge in June

Colorado sports betting's total revenue increased by 206.5% year-on-year due to significant improvement in odds, while football betting volume increased significantly as the second America's Cup kicked off in the United States. According to the Colorado Gaming Control Board, betting in June

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