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Authorize and tax sports betting

Colorado Ballot Measure - Proposition DD

Election: Nov. 5, 2019 (General)

Outcome: Passed

Categories:

Gambling and Gaming
Taxes

Measure Text


Shall state taxes be increased by twenty-nine million dollars annually to fund state water projects and commitments and to pay for the regulation of sports betting through licensed casinos by authorizing a tax on sports betting of ten percent of net sports betting proceeds, and to impose the tax on persons licensed to conduct sports betting operations?

Resources


Official Summary

Source
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