Sporttrade, the exchange-wagering platform that brings a stock market-style approach to sports betting, got its second license Thursday when the Colorado Limited Gaming Control Commission approved the company for a First Temporary Sports Betting Internet Operator License.
The company will launch an offering similar to its innovative platform, but bettors won’t be able to place limit orders or choose their price. Rather, like traditional sportsbooks, bettors will be playing against the house rather than each other.
The platform is not yet live in Colorado, and Sporttrade has not shared when it will launch.
Sporttrade has been live in New Jersey with its exchange-wagering platform since September 2022.
