Fixed-odds wagering for horse racing approved in Colorado, among other sports-betting changes

Fixed-odds wagering for horse racing approved in Colorado, among other sports-betting changes

Article brief provided by Sports Handle
  • Jeremy Balan, Sports Handle
March 17, 2022 10:26 PM
  • Jeremy Balan, Sports Handle

After months of meetings with industry stakeholders, the Colorado Limited Gaming Control Commission on Thursday approved a change to the state’s sports betting rules that will allow for fixed-odds wagering on horse and greyhound racing.

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The commission also made myriad minor changes to its sports betting rules, including cleaning up some language with regard to its sports betting catalog, allowing for sports betting tellers to receive tips, changing how disputes would be resolved, adjusting the deadline for filing taxes, and requiring operators to send data related to integrity to the regulator first rather than a third-party provider.

With regard to fixed-odds wagering on racing, the commission agreed to an 18-month trial.