Colorado Code § 44-30-1611

Civil fines
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In addition to any other remedy provided by law, a fantasy
contest operator, or an employee or agent thereof, who violates this part 16 is subject to a civil
fine of not more than one thousand dollars for each such violation, which the state treasurer shall
credit to the sports betting fund created in section 44-30-1509. The director may file a civil
action to collect the fine.

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