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Sports Betting Giants Pour $1.5 Million Into Colorado Legislative Primaries
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The Colorado Sun, Approved, State

Sports Betting Giants Pour $1.5 Million Into Colorado Legislative Primaries

By: Jesse Paul | The Colorado Sun The state-level super PAC American Future is funded by a federal super PAC of the same name that has received millions of dollars from the sports betting companies DraftKings, FanDuel and Fanatics. Groups funded by some of the nation’s largest sports betting companies have spent about $1.5 million in Colorado’s statehouse primaries this year, the majority of it on Democratic contests.  It’s unclear exactly why. The state-level super PAC American Future has spent roughly $1.25 million alone on Democratic legislative primaries in Colorado. It’s funded by a federal super PAC of the same name that has received millions of dollars from the sportsbooks DraftKings, FanDuel and Fanatics.  On the GOP side, $250,000 in ...
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Colorado Turns Sports Betting Into Major Water-Project Funding
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Colorado Politics, Approved, State

Colorado Turns Sports Betting Into Major Water-Project Funding

By Marianne Goodland | Colorado Politics Funding for the state’s 2015 water plan started as a trickle. But sports gaming revenue has now turned that trickle into a steady stream. The Colorado Division of Gaming announced this week that nearly $33.8 million from 2024-25 will be allocated to the Colorado Water Conservation Board to support the state’s water plan, with distribution to water projects set to begin in July 2026. Estimates of the following year’s revenues are even better: a forecast of nearly $39 million that could help fund hundreds of projects throughout the state. It’s a far cry from when the water plan got underway in 2015. Back then, the expectation was that the state would need to invest approximately $100 million per year for 30 years between 2020 and 2050, ...
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Ute Mountain Ute Tribe joins sports betting lawsuit against Colorado
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Approved, gazette.com, State

Ute Mountain Ute Tribe joins sports betting lawsuit against Colorado

By Eric Young | The Gazette Another Colorado tribe has joined a lawsuit against the state over access to online sports gambling.  An amended complaint filed Thursday with the U.S. District Court for the District of Colorado added the Ute Mountain Ute Tribe to a lawsuit filed earlier this year against the state by the Southern Ute Tribe. The complaint alleges that both tribes have been "unfairly" denied by the Colorado Department of Revenue from engaging in online sports betting after the passage of Proposition DD in 2019, which legalized it in the state. READ THE FULL STORY AT THE GAZETTE
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