As the first tribal gaming operator to launch a statewide mobile sports betting product a Colorado tribe has gone into the record books.
This week, Sky Ute Casino Resort, a site operated by the Southern Ute Indian Tribe in Ignacio, Colorado, launched Sky Ute Sportsbook, a mobile betting product available on both Android and iOS for use by individuals 21 years of age or older, regardless of where they reside in the State.
The Sky Ute tribe has teamed up with the betting and odds management group USBookmaking based in Nevada, headed by Famer Vic Salerno ‘s American Gaming Association Hall. USBookmaking is proud to be the “only American-owned sportsbook” in the United States and has booked several betting partnerships with other tribal gaming operators already.
The legal betting market in Colorado went live on May 1 but so far only four other betting licensees have released their online offerings, partially due to the COVID-19 suspension of major sporting events. The Colorado Gaming Commission will not release official figures until next week for the state’s first month of legal betting but unaudited stats will have the state’s sportsbooks generating $25.5 m handle in May.
Colorado’s casinos have been closed due to COVID-19 for nearly three months, but like the rest of the country, local operators are furiously preparing for reopening. The venues open on a staggered basis, with some venues throwing their doors open on Monday (15), while others are being held back due to higher than normal levels of infection with COVID-19 in their regions.
The closing of Colorado’s 33 casinos has robbed the state of much needed tax revenue, while the effect on the state’s tribal gaming operators has been much more serious considering the economic reliance on their casino operations that many native communities place on.