Four Colorado legislators have introduced a new bill that could significantly reshape the state’s mobile sports betting landscape.
SB 26-131, a wide-ranging proposal, aims to implement stricter responsible gaming measures, including limits on betting activity, tighter advertising rules, bans on certain types of wagers, and stronger oversight of Colorado’s sports betting market.
The bill has bipartisan backing, with Senators Matt Ball (D) and Byron Pelton (R) and Representatives Steven Woodrow (D) and Dan Woog (R) serving as primary sponsors. SB 26-131 has been assigned to the Senate Finance Committee, though a hearing has not yet been scheduled.
One of the most notable aspects of the bill is a near-total ban on proposition bets, commonly known as “prop bets.” The legislation defines these bets as those tied to individual athletes’ performance, officiating decisions, penalties, injuries, event timing, or any outcome other than the final score. This definition goes beyond traditional player performance bets, effectively covering a broad spectrum of wagers currently available.
SB 26-131 would also impose limits on online sportsbook activity. Operators would be prohibited from accepting more than five deposits per customer within a 24-hour period. Push notifications or text messages encouraging additional wagers or deposits would be banned, and deposits made with credit cards would no longer be allowed.
The bill further prevents sportsbooks from restricting customers solely for winning bets, except in cases where suspicious activity or signs of a gambling disorder are detected.
The legislation also seeks to curb sports betting advertising. Betting ads could not promote bonus offers or include instructions on how to place wagers. In addition, advertisements would be restricted to outside the hours of 8 a.m. to 10 p.m. and would be prohibited during live sporting events.
Original article: https://www.yogonet.com/international/news/2026/03/02/117840-colorado-lawmakers-propose-major-changes-to-sports-betting-including-ban-on-prop-bets
