Legalized Forms Of Gambling
The Colorado Division of Gaming regulates only casino gaming in Colorado. Other forms of legalized gambling are regulated by other state agencies. For your convenience, below are links to these agencies:
Social Gambling Exception
Colorado law also allows a "social gambling' exception, which allows "gambling" that is incidental to a bona fide social relationship and is participated in by natural persons. A "bona fide social relationship" means that the parties must have an established social relationship based upon some other common interest other than the gambling activity.
Further, one participating in such social game cannot directly or indirectly participate in "professional gambling," which is defined in Colorado law as "aiding or inducing another to engage in gambling, with the intent to derive a profit therefrom." This generally means that no one other than the players can profit from the game or activity in any manner. The profit does not need to be direct profit. Colorado law defines "profit" as any "realized or unrealized benefit, direct or indirect, including without limitation benefits from proprietorship, management, or unequal advantage in a series of transactions."
These two criteria - a bonafide social relationship and no profit motive - must be present for a gambling activity to be considered legal "social gambling."