Colorado senators divided on whether state should ban prop bets
Colorado lawmakers, licensed sportsbooks, gaming regulators and more industry stakeholders spent four hours on Tuesday debating Senate Bill 26-131, a wide-ranging measure that aims to protect against “abusive practices” in sports betting.
Amid the lengthy debate in the Senate Finance Committee on March 17, including discussion of measures that attempt to limit sports betting advertising, one question featured prominently throughout the afternoon: Should Colorado try to ban prop betting?
Section five of SB 26-131 would explicitly prohibit any licensed online sports betting operator from offering wagers on “any outcome other than the final result or score”, regardless of whether they are placed before or during the game.
The Finance Committee ultimately passed SB 26-131 by a narrow 5-4 vote and was sent to the Appropriations Committee, but not before numerous lawmakers, as well as sportsbook representatives, expressed grave concerns.
Colorado sports betting has changed fundamentally,..