Colorado Could Become First State to Limit Daily Deposits on Sports Betting Apps Under SB 131

Colorado lawmakers sent Senate Bill 131 to Gov. Jared Polis on May 13, 2026, a measure that would make the state the first in the country to limit the number of daily deposits a gambler can make on a sports betting app. The bill also bans push notifications that solicit bets or deposits — another first-of-its-kind provision — and would prohibit credit card deposits on all gambling apps, a restriction that five of the state’s 13 licensed online sportsbooks already enforce voluntarily.

The Senate agreed to House amendments to SB 131 on Wednesday. If Polis signs the bill, Colorado would push responsibility for managing betting behavior partially onto platforms themselves, rather than leaving it solely to individual bettors or opt-in self-exclusion tools. Consumer advocates and addiction specialists have long pointed to app-based betting mechanics — particularly the frictionless nature of instant deposits — as a driver of problem gambling behavior.

The Measures in Detail

While the specific cap on daily deposit attempts has not been publicly detailed in the final enrolled bill text, SB 131 is framed as a structural harm-reduction tool. By creating mandatory friction in the deposit process, lawmakers hope to reduce impulsive betting during losing streaks. The push notification ban addresses a practice that major sportsbooks have used aggressively to re-engage lapsed users with promotional offers, often at moments when the bettor may be emotionally vulnerable after losses.

For Colorado sports betting operators like DraftKings, FanDuel, BetMGM, and Caesars, compliance would require product changes. Operators that already ban credit card deposits — including some of the largest platforms — are partially ahead of the curve on that provision, but the deposit frequency limits and notification ban would require new technical implementations across the board.

National Implications

Colorado has been a benchmark for sports betting market design since becoming one of the first states to go live following PASPA’s repeal. Its tax structure, licensing framework, and now responsible gambling legislation are watched closely by other states considering similar measures. Ohio is drafting a credit card ban, and the AGA has maintained that voluntary operator initiatives are more effective than legislative mandates. SB 131, if signed, will provide a live data set over the next year on whether mandatory deposit restrictions reduce problem gambling-related harm in a mature, competitive online betting market. The outcome could accelerate similar legislation elsewhere.