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Colorado Senate Passes $37 M Online Betting Safeguard Bill

5/3/2026

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Story summary
  • Colorado Senate approved a bill, sponsored by Senators Matt Ball and Byron Pelton, adding safeguards to online sports betting.
  • The bill bans credit-card betting, caps daily cash deposits, blocks push-notification alerts, and bars marketing to anyone under 21.
  • Advocates NBA player Lawrence Funderburke and podcaster Rob Minnick support it, noting $37 million 2025 tax revenue and links to bankruptcies, domestic violence and suicides, while operators say they already comply with most rules.