- Sections 1 and 2 of the bill implement a portion of recommendation 1 of the report by continuing the division for 11 years, until 2033;
Sections 1 and 3 implement a portion of recommendation 1 by continuing the regulation of sports betting by the division for 5 years, until 2027;
Section 4Section 3 implements recommendation 2 by allowing the Colorado limited gaming control commission (commission) to delegate licensing duties to the division;
Sections 5 and 6Sections 4 and 5 implement recommendation 3 by changing the minimum age for a casino employee from 21 years of age to 18 years of age;
Sections 7 and 8Sections 6 and 7 implement recommendation 4 by designating the department of revenue's hearings division to conduct hearings under the "Fantasy Contests Act";
Section 9Section 8 implements recommendation 5 by repealing the requirement that internationally based internet sports betting personnel submit to a fingerprint-based criminal history record check; and
Sections 10 through 14Sections 9 through 13 implement recommendation 6 by subjecting payments of sports bet winnings to the "Gambling Payment Intercept Act".
- Unlicensed sports betting operations;
- Unlicensed internet sports betting operations; or
- Unlicensed establishments that allow the use of equipment or devices that qualify as slot machines or are used to play roulette or craps.
- Sports betting operations;
- Internet sports betting operations; or
- Operations using equipment or devices that qualify as slot machines or are used to play roulette or craps.
- For a first offense, a civil penalty of $500;
- For a second offense, a civil penalty of $1,000; and
- For a third or subsequent offense, a class 2 misdemeanor.
(Note: Italicized words indicate new material added to the original summary; dashes through words indicate deletions from the original summary.)
(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)