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Code of Colorado Regulations eDocket
Details of Tracking Number
2022-00455
CCR details
| Tracking Number |
2022-00455 |
| 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 |
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Proposed rule
| Notice Filed with SOS |
08/15/2022 |
| Rule |
ProposedRuleAttach2022-00455.docx |
| 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., 44-30-302, 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., 44-30-833, C.R.S., and part 15 of article 30 of title 44, C.R.S. |
| Description of Subjects/Issues |
On June 7, 2022 the General Assembly passed HB22-1402, resulting in the need to make changes to Sports Betting Regulation 3.5 Investigation and Background Check Costs, paragraph (2). This amendment removes the requirement to include a set of fingerprints when submitting a licensing application from applicants who do not reside in the U.S. Changes were also required to Regulation 7.5 Internal Control Procedures, adding paragraph (35). This amendment requires sports betting operators to have procedures that ensure that operators follow the current IRS standards before making payments, and to perform a gaming intercept as outlined in the Limited Gaming Internal Control Minimum Procedures Section 1H. |
| Purpose/Objective of Rule |
On June 7, 2022 the General Assembly passed HB22-1412, resulting in the need to make changes to Sports Betting Regulation 3.5 Investigation and Background Check Costs, paragraph (2). This amendment removes the requirement to include a set of fingerprints when submitting a licensing application from applicants who do not reside in the U.S. Changes were also required to Regulation 7.5 Internal Control Procedures, adding paragraph (35). This amendment requires sports betting operators to have procedures that ensure that operators follow the current IRS standards before making payments, and to perform a gaming intercept as outlined in the Limited Gaming Internal Control Minimum Procedures Section 1H. |
| Comments |
This hearing will be held in person and via video conference. |
| Submitted in response to issues raised by COLS/OLLS? |
No
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| Is this rule adopted in response to recent legislation? |
Yes
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| Recent legislation bill number |
HB 22-1412
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| Hearing Date |
09/15/2022 |
| Hearing Time |
09:15 AM |
| Hearing Location |
350 W Carr Ave., Cripple Creek, CO 80813 |
| Contact Name |
Kenya Collins |
| Contact Title |
Director of Administration |
| Contact Telephone |
303-205-1338 |
| Contact email |
kenya.collins@state.co.us |
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Adopted rule
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