Colorado Code § 44-30-503

Licenses - revocable - nontransferable. Every license issued pursuant to
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this article 30 is revocable and nontransferable. No licensee acquires any vested interest or
property right in a license. The gaming licenses issued pursuant to this article 30 are only for the
particular location initially authorized. The revocable privilege for any license issued or other
approval granted is conditioned upon the proper and continuing qualification of the licensee or
registrant and upon the discharge of the affirmative responsibility of each licensee or registrant
to provide to the regulatory, investigatory, and law enforcement authorities any assistance and
information necessary to assure that the policies and requirements of this article 30 are achieved.

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