Colorado lawmakers advance sports betting restrictions targeting advertising deposits

Colorado lawmakers are pushing ahead with a broad overhaul of the state’s sports betting industry, approving a measure that would tighten advertising standards, limit how often gamblers can deposit money, and block the use of credit cards for wagers. Senate Bill 131 cleared House third reading on Friday (May 9) in a 50-13 vote, with two lawmakers absent, according to the legislature’s latest roll call. Part of the proposal already passed the Senate and now moves closer to becoming law.