Colorado Sports Betting Summit: Who’s in, who’s out, who’s who Matthew Waters, Legal Sports Report · December 9, 2019 at 6:35 am Colorado sports betting stakeholders will huddle next week with state regulators to provide input for the state’s upcoming launch. Coloradans officially approved sports betting in November with a tighter outcome than some expected. Now, the Limited Gaming Control Commission is tasked with creating the rules and regulations of the Colorado sports betting industry. There’s currently no timeline for when those rules and regulations will be ready. Sports betting can’t legally begin in the state until next May anyway. Colorado’s gaming regulator held an application process for any company representatives that wanted to weigh in. That resulted in more than 50 businesses represented across 77 slots for the five groups.