- Circa Sports will launch its sports betting app in Colorado.
- They are partnered with Century Casinos who holds the state's sports betting license.
- Sports betting odds will be featured only online for now.
DENVER – Colorado sports bettors should be jumping with joy right now as their mobile sports betting experience is about to reach an all-time high.
Wednesday is the day that Circa Sports will launch its long-awaited sports betting applications within the Colorado state lines.
In order to make their mobile sports betting app possible, Circa Sports needed to partner with an operator in the state that already holds the state's sports betting license which they did.
They’ve partnered with Century Casinos who have different casinos located throughout the state.
“What we’re doing with Circa Sports is providing an unrivaled customer experience that is built on transparency and enabled with technology,” said Derek Stevens, Circa Sports CEO. “It’s a sportsbook run by sports bettors— We’ve experienced immense success with this approach since launching in Vegas last year.”
Like any other company opening in a new state, they will be looking to start things from the ground up.
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They will be starting with a lower maximum bet between $5,000-$10,000 and work their way up to a maximum bet of $100,000.
Although Circa Sports is entering the Centennial State, there are not any plans for them to open a retail sportsbook as they focus more on their online sportsbook platform.
Now that Circa Sports is officially in Colorado, they are required to pay both the tax rate on sports betting as well as the licensing fee.
They will be required to pay 10% on all sports betting revenue that is brought in as well as a $12,500 licensing fee through their Century Casino partnership.
Players can now enjoy Colorado sports betting on all their favorite teams such as the Denver Nuggets, Denver Broncos, Colorado Rockies, and the Colorado Avalanche with Circa Sports.
Samuel decided to get into writing 6 years ago when he first started his college career at Florida State University. After declaring a major in Editing, Writing and Media, Samuel had found his passion for writing. During his free time, he could be found writing about, watching or playing sports.
