Senate Bill 131, filed on Wednesday, is a wide-ranging responsible gambling-focused piece of legislation that aims to implement more player protection safeguards and several limitations on how operators can conduct business. It has one Democrat and one Republican sponsor attached for both the Senate and the House of Representatives.
The bill has been referred to the Senate Finance Committee for initial discussion.
Bill takes a wide-angle approach to prop bets
Chief among the provisions is a proposal to prohibit Colorado sportsbooks from offering betting markets on the performances of individual athletes.
Player prop betting remains under intense scrutiny amid numerous cases of alleged or confirmed manipulation of performances by both pro and college athletes, including Jont..
