online casino real money australia(Image: Bleacher Report)Last November, Centennial State voters narrowly approved Proposition DD – the ballot initiative setting the stage for legalized sports betting.The Centennial State’s sports betting tax structure, which is in line with some of the largest sports wagering states, is also seen as an advantage.75% tax on revenue from retail sportsbooks and 13% on online sports betting revenue.wild horse pab casino gila river”The favorable tax rate, coupled with what’s expected to be a robust online market, is helping Colorado attract big name sportsbook operators, including Circa Sports, Roar Digital and William Hill, among others.The Centennial State has a bright future, capable at maturity of annually generating as much as billion in bets, 0 million in gross operator revenue, and million in tax revenue,” according to forecasts from PlayColorado.125 percent.boulder station hotel casino 3*

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riverwind casino oklahoma 9 norman okIf the billion in bets forecast is proven accurate at some point, that would likely make the Centennial State the second-largest in the West in terms of annual handle behind Nevada.Colorado could become one of the biggest sports betting markets in the West, according to one forecast.75% tax on revenue from retail sportsbooks and 13% on online sports betting revenue.casino foxwoodsColorado also has a geographic advantage in luring bettors.“Colorado regulators have been deliberate, opting for a later start date to ensure it gets its regulatory framework right,” said PlayColorado.Those projections are well above some estimates floated around prior to the Prop DD, which said the state’s sports betting market could be worth billion while generating, at the high end, million in tax receipts.kansas star casino games

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