Voters have narrowly approved a ballot measure making Colorado the 19th state to legalize sports betting in exchange for diverting a majority of the tax revenues collected to a state water plan.
With nearly 90 percent of the state-wide vote counted, 712,405 votes, or 50.7 percent, were in favor of Proposition DD to regulate and tax both land-based and online sports betting, while 692,377, or 49.3 percent, cast their ballots against the measure, according to Colorado Secretary of State’s office.
“Black markets aren’t conservative and they aren’t good for Colorado,” Colorado House Minority Patrick Neville, a Republican and co-author of the state’s sports-betting law, said in a statement.
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