2018 Colorado Revised Statutes
Title 44 - Revenue - Regulation of Activities
Gaming and Racing
Article 32 - Racing
Part 6 - Unlawful Acts
§ 44-32-605. Wagering on historic races - definitions
(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.
