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Code of Colorado Regulations eDocket
Official Publication of the State Administrative Rules (24-4-103(11) C.R.S.)

Details of Tracking Number   2022-00086


CCR details

Tracking Number 2022-00086
Type of Filing Permanent Rule
Department 200 Department of Revenue
Agency 207 Division of Gaming - Rules promulgated by Gaming Commission
CCR Number 1 CCR 207-2
CCR Title SPORTS BETTING REGULATIONS

Proposed rule

Notice Filed with SOS 02/15/2022
Rule ProposedRuleAttach2022-00086.doc
Statutory Authority Sections 44-30-102, C.R.S., 44-30-201, C.R.S., 44-30-202, C.R.S., 44-30-203, C.R.S., 44-30-204, C.R.S., 44-30-301, C.R.S., 44-30-302, C.R.S., 44-30-503, C.R.S., 44-30-507, C.R.S., 44-30-510, C.R.S., 44-30-528, C.R.S., 44-30-604, C.R.S., 44-30-705, C.R.S., 44-30-833, C.R.S., 24-4-105, C.R.S. and part 15 of article 30 of title 44, C.R.S.
Description of Subjects/Issues Rule 2: An amendment to Sports Betting Rule 2 Powers and Duties of Commission and Director, that will update the mailing address for the Division. Rule 4: An amendment to Sports Betting Rule 4 Taxes and Fees, that will allow the Director to grant extensions for the payment of taxes. Rule 5: An amendment to Sports Betting Rule 5 Authorized Sports Betting Activities, that clarifies the process for requesting the authorization of new sports events and temporarily permits the sports betting licensees to request and offer fixed odds wagering on horse racing events. Rule 6: An amendment to Sports Betting Rule 6 Rights and Duties of Licensees, that will allow a sports wagering to be received as a tip wager; update the requirements for wager settlement disputes; and clarify the process for closing of a sports betting operation. Rule 7: An amendment to Sports Betting Rule 7 Requirements of Sports Betting Operations, that will update the frequency of system assessment, modify terminology in the rule, and clarify the tax accounting equations. Rule 8: An amendment to Sports Betting Rule 8 Sports Betting Integrity; Confidential Information, that will clarify the requirements for reporting betting information and the licensure of independent integrity monitor providers.
Purpose/Objective of Rule Rule 2: An amendment to Sports Betting Rule 2 Powers and Duties of Commission and Director, that will update the mailing address for the Division. Rule 4: An amendment to Sports Betting Rule 4 Taxes and Fees, that will allow the Director to grant extensions for the payment of taxes. Rule 5: An amendment to Sports Betting Rule 5 Authorized Sports Betting Activities, that clarifies the process for requesting the authorization of new sports events and temporarily permits the sports betting licensees to request and offer fixed odds wagering on horse racing events. Rule 6: An amendment to Sports Betting Rule 6 Rights and Duties of Licensees, that will allow a sports wagering to be received as a tip wager; update the requirements for wager settlement disputes; and clarify the process for closing of a sports betting operation. Rule 7: An amendment to Sports Betting Rule 7 Requirements of Sports Betting Operations, that will update the frequency of system assessment, modify terminology in the rule, and clarify the tax accounting equations. Rule 8: An amendment to Sports Betting Rule 8 Sports Betting Integrity; Confidential Information, that will clarify the requirements for reporting betting information and the licensure of independent integrity monitor providers.
Submitted in response to issues raised by COLS/OLLS? No
Is this rule adopted in response to recent legislation? No
Hearing Date 03/17/2022
Hearing Time 09:15 AM
Hearing Location 1707 Cole Blvd, Redrocks conference room, Lakewood, CO 80401, and virtually
Contact Name Kenya Collins
Contact Title Director of Administration
Contact Telephone (303) 205-1338
Contact email kenya.collins@state.co.us

Adopted rule

Adopted Rules AdoptedRules02022-00086.doc
Redline Redline2022-00086.pdf
Adopted Date 03/17/2022
AGO requested date 03/17/2022
Attorney General Opinion 04/06/2022
Colorado Register publication date 04/25/2022
Effective Date 05/15/2022
Inserted into CCR 05/09/2022
  
  
  
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