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Colorado sports bettors can no longer use credit cards to fund online betting accounts, and they are now limited to six deposits per day under a new state law that has taken effect.
The changes come through SB 26-131, which Gov. Jared Polis signed on June 2. The law took effect Wednesday and also bars operators from using push notifications or text messages to promote betting or encourage deposits.
New Colorado rules target deposits and marketing
According to the bill summary cited by CardPlayer, the credit card ban also applies to credit-funded transactions made through electronic payment systems. In addition to the six-deposit daily cap, the law restricts advertising aimed at people under 21 and bans advertising targeted at any specific demographic.
Operators that violate the rules can face fines of up to $25,000.
The measure drew bipartisan support in the Colorado General Assembly. Sen. Matt Ball, who sponsored the legislation, said the bill was designed to add protections as mobile betting became more widely accessible.
“Online sports betting has placed casinos in the pocket of nearly every Coloradan, with little protections built in for those addicted to gambling or our young people,” Ball told Colorado Newsline, according to the report.
Colorado joins a broader responsible-gambling policy trend
The new restrictions arrive in a large and still-growing betting market. Since Colorado legalized sports betting in 2019, bettors in the state have wagered more than $30.6 billion, producing $2.33 billion in gross revenue, according to the source report.
The article also noted some unusual betting volume in the state. A June report from the Colorado Division of Gaming said $989.2 million had been wagered on table tennis, compared with $958.8 million on hockey.
Nationally, the American Gaming Association said U.S. commercial sports betting revenue reached $16.89 billion in 2025, up 22.7% from 2024. The source also said 39 states, plus Washington, D.C., and Puerto Rico, have legalized sports betting since the Supreme Court struck down the federal ban.
For players, the immediate takeaway is straightforward: in Colorado, account funding rules are tighter, deposit frequency is now capped, and sportsbooks face stricter limits on how they can market betting activity.
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Source: As reported by Sean Chaffin.
