Colorado Code § 44-30-902

Terms of sponsorship
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(1) All limited gaming events sponsored by
charitable organizations pursuant to this part 9 must, in addition to all the other requirements of
this article 30, meet the following conditions:
(a) The agreement between the licensed operator or retailer and the charitable
organization shall provide for the payment by the charitable organization to the retailer or
operator of a flat fee or no fee; in return, the charitable organization shall receive one hundred
percent of the adjusted gross proceeds, less the amount of taxes due on those proceeds as
determined by the commission from gaming for each day of the sponsored event, or during all
the hours of a sponsored event if less than a full day. The licensed operator or retailer shall report
and pay taxes on the full amount of the adjusted gross proceeds from gaming sponsored by any
charitable organization.
(b) A one-day sponsored event must, for purposes of this part 9, begin at 8 a.m. and end
at 8 a.m. the following day. For purposes of this section, no event is considered as less than a
one-day event; except that a retailer may devote less than one full day to a charitable event.
(c) No retailer shall permit a single charitable organization to sponsor more than three
days of limited gaming at that retailer's licensed premises during any calendar year; and no
retailer shall permit more than thirty total days of sponsored events on its premises during any
calendar year;
(d) No charitable organization shall sponsor more than three days of limited gaming
during any calendar year;
(e) The charitable organization shall file notice of its intent to sponsor limited gaming at
least fourteen days in advance with the commission, upon forms provided by the commission.

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