DENVER – Some Colorado lawmakers want to ask voters in November whether sports betting should be legal in the state.
Democratic House Majority Leader Alec Garnett says a bill introduced late Thursday with Republican Minority Leader Patrick Neville would place a betting question on the ballot.
Garnett says that if voters approve, a relatively constrained Colorado sports betting market could be operating by 2020.
He says tax revenues would be limited – anywhere from roughly $4 million to $10 million a year.
Lawmakers would have to work quickly to pass the bill before Colorado’s legislative session ends May 3.
Garnett says a major objective is to eliminate online black market betting, much of it run by shops outside the country.