Hold Harmless Fund

Claimants eligible pursuant to section 44-30-1509(2)(c)(i)(A) -(E), C.R.S., who wish to apply for available payments from the Wagering Revenue Recipients Hold-Harmless Fund ("Hold-Harmless Fund") shall submit the Hold-Harmless Fund Application Form, in addition to all supporting documents required by rule and any additional documents, as requested by the Commission or Division, necessary for review of the claim.

Completed applications shall be due within thirty (30) days following the annual distributions, by the Commission, from the limited gaming fund.

THE COMMISSION SHALL MAKE ANY DISTRIBUTIONS BASED ON THESE APPLICATIONS ON OR BEFORE DECEMBER 31 OF THAT SAME YEAR.

In determining the validity of Hold Harmless Fund applications, the Commission shall consider, at a minimum, the following factors:
  • Total amount of damages claimed;
  • Profit and Loss statements of claimants;
  • Factors other than sports betting that may have contributed to loss; and
  • Whether the claimant is eligible to receive or receives funding for such purposes from other sources and the total amount of funds received if any.

Hold Harmless Fund Application