Sure wish we had legalized sports betting here in Colorado so we could wager on our teams. The state has missed out on millions of dollars wagered on professional and college football games.
I don’t believe that gamblers pay off officials or players, sure there could be a few skunks in the woodpile, but the good teams, coaches, players and owners are working to win games and championships the honest way.
Like Internet gambling, sports betting apparently needs some sort of federal approval. But, so did marijuana and now we have it legalized here in Colorado by a vote of the people. It is hard for federal law to trump a statewide vote on anything, going back to “state’s rights.”
A statewide referendum could place a sports betting bill on the ballot only allowing these sports betting facilities to be allowed in licensed existing casino locations.
Like extending the gaming limits, hours and table games, sports betting facilities would be added to licensed casino locations. Some would install the equipment, seating and technology. Others might pass, but it would be an additional attraction for tourists, sports fans, and those who just want to come watch all of the television screens showing horse racing, Final Four, Super Bowl, and a myriad of sporting activities with the opportunity to place a bet on the team or participant involved.
Taxes would be taken on every bet and the legalized system would make millions for Colorado.
Most major casinos in Las Vegas and Reno have sports betting facilities that are crowded on a daily basis with men and women enjoying the sports and the action.
The betting line is published in The Denver Post every day, so there is considerable interest in the line on all of the sporting games. Someone must be betting on the games but no money for Colorado tax coffers.
It would just be good business for everyone.
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