Internet sports betting brand, Circa Sports launches in Colorado. It is through a partnership with a Colorado-based gaming company, Century Casinos.
In an agreement, Circa Sports to become an official internet sports betting operator for Colorado Springs. Also, it will make its debut at the Casino Cripple Creek with a mobile sports betting app.
Circa Sports and Century Casinos Partnership
The partnership is a 15-year sportsbook agreement between Circa Sports and Century Casino. It includes a market access fee, share of net gaming revenue, and a minimum revenue guarantee to Century Casino per year.
Century Casino, on the other hand, still has two additional sports betting partners in Colorado. It allows people on how to choose an online casino. Thus, Circa Sports expansions may be on the horizon. The betting venture intends to be a multi-state leader for sports future and higher app limits.
Why Circa Sports Launches in Colorado?
The Las Vegas-based sports betting brand, Circa Sports launches in Colorado. It will officially expand outside of Nevada. And, Colorado has proven to be an ideal place with its pro-growth regulatory environment.
Furthermore, their Division of Gaming has done an excellent job of ensuring a seamless application and launch process.
The casino where the sportsbook to launch is in one of only three Colorado jurisdictions. One of the three mountain towns is Cripple Creek, where casinos are legal. Also, Colorado has two Vegas-style tribal casinos operating in Ignacio and Towaoc.
Besides, Colorado gamblers are not in fear of any prosecution or fines playing in online casinos, sportsbooks, and poker sites. Although online gambling market remains unregulated by law, people need to be keen in choosing where to play casino games.
Also, the Division of Gambling set to approve rules in February, and sports betting to open in the state by May 1. The Circa Sports Colorado App will be available for remote download at the time of release. Both companies have submitted applications to obtain necessary licenses before May.