Colorado § 44-30-1603 - Definitions.
Full text of Colorado Colorado Revised Statutes § 44-30-1603 — Definitions., with citation guidance and answers to common questions.
§ 44-30-1603. Definitions.
As used in this part 16, unless the context otherwise requires:
(1) "Applicant" means a person that has applied for an initial license or registration or a renewal license or registration to operate in Colorado as a fantasy contest or a small fantasy contest operator. An applicant must be the individual or entity that is responsible for the financial and contractual obligations of the fantasy contest provider.
(1.5) "Confidential information" means information related to the play of a fantasy contest by fantasy contest players obtained as a result of or by virtue of an individual's employment.
(2) "Director" means the director of the division of gaming.
(3) "Entry fee" means cash or cash equivalents that are required to be paid by a fantasy contest player to a fantasy contest operator in order to participate in a fantasy contest.
(4) "Fantasy contest" means a fantasy or simulated game or contest in which:
(a) The value of all prizes and awards offered to winning participants is established and made known to the participants in advance of the contest;
(b) All winning outcomes reflect the relative knowledge and skill of the participants and are determined predominantly by accumulated statistical results of the performance of athletes in sporting events; and
(c) Winning outcomes are not based on randomized or historical events or on the score, point spread, or any performance of any single actual sports team or combination of the teams or solely on any single performance of an individual athlete in any single actual sporting event.
(5) "Fantasy contest operator" means a person or entity that offers fantasy contests with an entry fee for a cash prize to members of the public.
(6) "Fantasy contest player" means a person who participates in a fantasy contest with an entry fee offered by a fantasy contest operator.
(6.1) "General partner" means an individual engaged with at least one other individual for the purpose of joint profit, thereby creating a general partnership.
(6.5) "Managing officer" means an individual who manages the day-to-day operations of a fantasy contest and is responsible for executing the decisions made by the board of directors of the fantasy contest, if applicable.
(7) "Small fantasy contest operator" means a fantasy contest operator that has no more than seven thousand five hundred fantasy contest players in Colorado with active accounts who participate in fantasy contests with an entry fee.
Source: L. 2020: Entire part added with relocations, (HB 20-1286), ch. 269, p. 1305, § 2, effective July 10. L. 2025: (1) and (2) amended and (1.5), (6.1), and (6.5) added, (SB 25-146), ch. 342, p. 1859, § 13, effective June 2.
Editor's note: This section is similar to former § 12-125-103 as it existed prior to 2020.
Frequently Asked Questions About Colorado § 44-30-1603
What does Colorado Revised Statutes § 44-30-1603 cover?
Section 44-30-1603 ("Definitions.") is part of the Colorado Revised Statutes, the codified statutory law of Colorado. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Colorado § 44-30-1603?
A common citation format is "Colorado Revised Statutes § 44-30-1603" (Colorado). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Colorado law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Colorado official source linked on this page or consult a licensed Colorado attorney.
How does Colorado § 44-30-1603 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Colorado can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Colorado.