PointsBet Holdings have announced that its wholly owned subsidiary, PointsBet Colorado has been issued a Internet Sports Betting Operator License and a Sports Betting Operator License by the Colorado Limited Gaming Control Commission.

The initial term of these licenses are valid until March 2022. PointsBet’s partner in the State of Colorado, Double Eagle Hotel and Casino, was issued a Master Sports Betting License by the CLGCC in February 2020.

PointsBet will be operating both online and retail sportsbooks in Colorado and anticipates taking its first bet in the second half of the calendar year.