Colorado law mandates sports betting on May 1. What does it mean? Jill Dorson, Centennial Bets · March 30, 2020 at 9:08 pm Colorado’s new sports betting law mandates sports betting by May 1, 2020. But what, exactly, does that mean? The Colorado Limited Gaming Control Commission (LGCC) has been hurtling toward that date, holding virtual meetings during the COVID-19 crisis and continuing to review and approve license applications in anticipation of being ready to have live sports betting on May 1. But that doesn’t necessarily mean a sports bet will be placed anywhere in the state on that day — especially in light of the current sports shutdown. According to a spokesperson from the LGCC, the Commission interprets the law to mean that it should be ready — regulations set and licensees approved — for a May 1 launch. But nowhere in the law does it mandate that an operator must take a sports bet on May 1.
