Sportsbook operator, PointsBet has entered into a partnership with Colorado’s Double Eagle Hotel and Casino, to launch sports betting operations. However, the permissions to launch sports betting operations at the gambling facility is yet to be granted.
According to the deal, the two companies have said that they would be working together to build out a multifaceted sports entertainment venue centrally located in Cripple Creek, Colorado – a National Historic Landmark.
The venue will include a sports bar, multi-screen video and odds display wall, additional casino gaming options and on-site viewing parties for major sporting events.
Colorado voters will decide the fate of sports betting operations in the state in Nov 2019 vote.
“PointsBet is proud to partner with Double Eagle Hotel and Casino in the midst of Colorado’s efforts to legalize sports betting,” commented Johnny Aitken, PointsBet USA’s Chief Executive Officer.
“Colorado is a strong and intelligent market hungry for a premium sportsbook and betting experience, and we’re looking forward to introducing new clients to a truly innovative, customer-first experience from start-to-finish.”
“We’ve kept a pulse on the excitement of sports betting in Colorado and are confident that PointsBet is the ideal partner to enhance our customer’s and guests’ sports betting experience,” said Michael Smith, President, and CEO of Double Eagle Hotel and Casino.
“We’re looking forward to driving additional tourism to the beautiful city of Cripple Creek by attracting a wider audience of sports betting enthusiasts.”
Earlier this year in May, Colorado Governor Jared Polis officially signed the sports betting bill in the state after the Senate voted 27-8 in favor of the bill.
The bill goes into voting in November because according to the existing state laws, any tax increase should be approved by the voters and in this case, the question is whether the state should apply a 10 percent flat tax on winnings from sports betting.