DENVER — Colorado’s sports‑betting industry will face new regulations — limits on deposits, prohibitions on credit‑card funding, and barring companies from targeting anyone under 21 — under a bill signed by Colorado Gov. Jared Polis.
Senate Bill 131 — sponsored by Sens. Matt Ball, D‑Denver, and Byron Pelton, R‑Sterling, along with Reps. Steven Woodrow, D‑Denver, and Dan Woog, R‑Erie — limits customers to six deposits within a 24‑hour period and bans the use of credit cards to fund betting accounts.
The measure also bars sports‑betting companies from targeting anyone under 21 and from sending push notifications or text messages that solicit bets or deposits.
An earlier provision that would have outlawed proposition bets, which are wagers on specific in‑game events, such as passing yards or the first team to score, was removed from the bill before final passage.
https://www.9news.com/article/news/local/local-politics/polis-signs-law-limits-sports-betting-colorado/73-0ea3feb8-6ccc-4abc-bb08-d8269508a9d5