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Sports Betting: A win for Colorado’s water

Jul 01, 2020

When Coloradans voted to legalize sports betting in November 2019, they made Colorado’s water the winner.

Colorado places a 10% tax on casinos’ sports-betting profits, which will raise millions of dollars each year to protect and conserve our water resources to make sure there’s enough water for everyone.

This is not a tax on your sports-betting winnings. Only casinos pay the tax.

Colorado’s rivers, lakes and streams face increasing pressures from population growth and climate change. We must invest to protect and conserve our water so Colorado remains a world-class place to live, work and recreate.

Up to 93% of revenue from the tax on casinos will go to fund the implementation of Colorado’s Water Plan.

So, you want to help Colorado’s rivers, lakes and streams? You bet!

Media inquiries: [email protected].


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