About the Author
Brian Carlton
How Colorado Casinos’ Reopening Plans Could Resemble Las Vegas’ Playbook
They all want to know when it’ll happen. Casino owners, gamblers and business owners in Colorado want to know when casinos will reopen in Cripple Creek, Black Hawk and Central City. Last year, gamblers spent $213 million in Colorado’s 33 casinos during the month of May. Barring a last-minute change, this year’s amount will be […]
Teller County Granted Variance From Safer-At-Home Order, But Request to Open Casinos Denied
Fifteen Colorado counties have applied for and received a variance from the state’s ‘Safer-At-Home’ quarantine order. Teller County became number 16 on May 22, with a twist. County officials didn’t want to just open restaurants and shops. They wanted the Cripple Creek casinos to be able to open again. That’s where things got complicated, as […]
Local Teams Feeling the Love From Colorado Sports Bettors in Market’s Opening Weeks
Colorado residents love their Denver Broncos. That part isn’t news. It seems that love goes beyond just cheering for the team on game day, however. Over the last week, futures bets on the Broncos took over at least one sportsbook in the state. Legal sports betting took effect on May 1 across Colorado and now […]
Time For a Change? Colorado Casinos Look Towards New Post-Shutdown Realities
Legal sports betting apps went live on May 1, bringing sports betting online across Colorado at a challenging time for casinos in the state. Not only are most major sports leagues on hiatus, but the shutdown prevents them from physically opening. Last year, Colorado casinos brought in $213.4 million from bettors in March, April and […]
Who Pays? A Look at Colorado’s Sports Betting Tax
At midnight on May 1, the switch flipped and sports betting went live across Colorado. Some companies like DraftKings launched apps and others announced plans to do the same. But the new opportunities also bring questions for businesses and gamers alike, especially when it comes to taxes. Who exactly is taxed for sports betting and […]
Let The Sports Betting Begin: DraftKings Looks Toward Colorado Launch Following IPO
The state’s casinos are closed and American sporting events are shut down, but there is excitement building over Friday’s launch for sports betting in Colorado. That wouldn’t seem to make sense, as there’s no baseball to bet on and it will be at least a month before NASCAR starts up again. The NFL Draft helped, […]
How WIll Colorado’s Casinos Change After COVID-19?
The biggest question facing Colorado’s casinos isn’t when they’ll reopen, It’s how customers will respond when they do. That second part is the bigger problem and something politicians and gaming companies alike have to consider. There is talk among politicians that the state’s businesses, including casinos, might reopen in mid-to-late May, with the argument that […]
Will Colorado Move Towards Esports Betting?
Despite the pandemic, Colorado still plans to launch online sports betting on May 1. There won’t be any baseball to wager on or basketball playoffs. The NFL Draft will be a week old at that point and the Kentucky Derby has been postponed. What the state will have, however, is both a growing interest in […]
‘I don’t think some casinos are going to fully come back’: Pandemic Forces Gaming Industry to Confront its Digital Future
More than 900 casinos nationwide have closed their doors as part of the COVID-19 shutdown. While some companies are already making plans to reopen, others question if it’s time to make a full jump to the digital world. Without a doubt, people will want to go out and celebrate when things return to normal. What […]
Excluded From COVID-19 Stimulus Bill, Gaming Industry Continues Stacking Billions in Losses
The U.S. gaming industry expects to lose $43.5 billion over the next month due to the COVID-19 pandemic. In spite of that, companies find that unlike many other businesses, they’re not allowed to apply for loans being offered by the Small Business Association. The CARES Act was designed as an economic stimulus package to help […]