Time For a Change? Colorado Casinos Look Towards New Post-Shutdown Realities
May 6, 2020 |
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
May 5, 2020 |
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 […]