(3) [ Editor's note: This version of subsection (3) is effective January 1, 2022. ] (a) This section does not make confidential the aggregate tax collections during any reporting period, the names and businesses of licensees, or figures showing the aggregate amount of money bet during any reporting period. The division shall publicly report this information on a monthly basis in statements of net sports betting proceeds and sports betting taxes. Public reporting shall be made electronically and posted on the division's website.
(b) (I) The division shall publicly report monthly and annual net sports betting proceeds, aggregated on a city-by-city basis for the city of Cripple Creek, the city of Central, and the city of Black Hawk, based on the physical location of master licensees' casinos. The data must also contain subtotals for proceeds derived from on-site and internet sports betting operations, respectively. To the extent partial-year data are available for any reporting period that preceded January 1, 2022, the division shall report any available monthly figures and shall note that annual figures do not reflect activity during the entire reporting period.
(II) If there are fewer than three holders of active and valid sports betting licenses in any of the cities listed in subsection (3)(b)(I) of this section, then, to protect the licensees' privacy, the division shall aggregate that city's sports betting proceeds with the sports betting proceeds of the city that has the next lowest number of active and valid sports betting licensees.
(III) If the Gilpin county assessor or Teller county assessor uses information aggregated pursuant to subsection (3)(b)(II) of this section to establish the actual value of a casino, whether sports betting is offered on the premises of the casino or online by the casino or by a contractor, and the use of the aggregated information results in an increase in the actual value of the casino's real property, the county assessor or an authorized agent of the assessor shall:
(IV) Nothing in this subsection (3)(b) authorizes the division to produce any document or information that directly discloses, or would indirectly result in the disclosure of, taxpayer information that is confidential under this article 30 or any other provision of law.
(a) [ Editor's note: This version of subsection (4)(a) is effective March 1, 2022. ] A person who discloses confidential records or information in violation of this section commits a class 2 misdemeanor and shall be punished as provided in section 18-1.3-501. A criminal prosecution pursuant to this section must be brought within five years after the date the violation occurred.
Source: L. 2019: Entire part added, (HB 19-1327), ch. 347, p. 3227, § 12, effective May 1, 2020. L. 2021: (3) amended, (HB 21-1292), ch. 466, p. 3357, § 2, effective January 1, 2022; (4)(a) amended, (SB 21-271), ch. 462, p. 3330, § 797, effective March 1, 2022.
FOR: 800,745
AGAINST: 756,712
Cross references: For the legislative declaration in HB 21-1292, see section 1 of chapter 466, Session Laws of Colorado 2021.
Structure Colorado Code
Title 44 - Revenue - Regulation of Activities
Article 30 - Colorado Limited Gaming Act
§ 44-30-1501. Definitions - Rules
§ 44-30-1502. Conflict of Interest - Participants in Sports or Athletic Events
§ 44-30-1503. Licenses - Rules
§ 44-30-1506. Operations - Eligibility to Place Bets - Record-Keeping - Information Sharing
§ 44-30-1507. Records - Confidentiality - Exceptions
§ 44-30-1508. Sports Betting Tax - Rules
§ 44-30-1509. Sports Betting Fund - Creation - Rules - Definitions