A recently released audit revealed significant flaws in the Colorado Division of Gaming’s regulation of sports betting. Several key concerns were discussed in the audit, which was conducted by the Colorado Office of the State Auditor.

The audit found that during the state’s first year of regulated sports betting – Colorado legalized sports wagering via referendum in November 2019, while mobile sportsbooks launched in May 2020 – the Division of Gaming lacked “an effective process to investigate sports betting operations for temporary licensure, or to collect sufficient documentation to determine if sports betting operations’ monthly tax filing were accurate.”