§ 44-32-605 — Wagering on historic races - definitions

Colorado § 44-32-605

• Jurisdiction: Colorado
• Title 44: Revenue -
• Art.: Racing

Text

(1) The state, a
municipality, city and county, county, or any state or local agency, board,
commission, or official thereof, shall not approve or permit the use of a racing
replay and wagering device.

(2) A licensee shall not operate, offer to operate, or use a racing replay and
wagering device or allow any person to use a racing replay and wagering device to
place a wager on any previously run sporting event.

(3) This section does not apply to a simulcast race.

(4) As used in this section, unless the context otherwise requires:

(a) Racing replay and wagering device means a mechanical, electronic, or
computerized piece of equipment that:

(I) Can display a previously run sporting event, regardless of how the
sporting event is displayed, rebroadcast, or replayed; and

(II) Gives a player who places a wager on the outcome of the previously run
sporting event an opportunity to win a thing of value, whether due to the skill of the
player, chance, or both.

(b) Sporting event means a contest in which animals, people, or machines
compete individually or as teams for the purpose of winning a race, game, contest,
or other competition.

(c) Wager means to place at risk of loss any valuable consideration,
including coin, currency, or the electronic equivalent of any coin or currency.

Legislative History

Source: L. 2018: Entire article added with relocations, (HB 18-1024), ch. 26, p. 312, � 2, effective October 1.