The Colorado Senate has passed a bill aimed at increasing consumer protection in the state’s sports betting market.
Senate Bill 26-131 passed by a 20-14 vote and would bring in restrictions on licensed online sports betting operators, in order to improve oversight of the sector and tackle harmful betting practices.
Under the bill, operators would be banned from taking more than a set number of deposits from a single user in a 24-hour period. They also wouldn’t be allowed to send push notifications or SMS messages that encourage betting or deposits.
Moreover, the bill would ban operators from restricting users’ betting activity just because they are successful, unless there are concerns about customer behavior.
