Colorado funds $140M in water conservation projects using sports betting tax revenue
By
Noelle Phillips
15d ago· 15 min readenNews
Summary
Colorado is using tax revenue from legalized sports betting to fund water conservation projects, including a $6.8 million replacement of a 127-year-old headgate and diversion dam for the Maybell Irrigation District. The innovative funding mechanism has provided a lifeline for rural ranchers and water infrastructure, but critics argue that the state is unprepared for the gambling addiction crisis that has accompanied legalized sports betting.
Source
bskyColorado funds $140M in water conservation projects using sports betting tax revenuedenverpost.comKey quotes
· 3 pulledFor the 18 ranchers who rely on the Maybell Irrigation District's canal to funnel water to their fields, the 127-year-old headgate that diverted flow from the Yampa River meant a two-hour round trip through a rocky canyon whenever they needed water.
The rusted structure was barely hanging on, and its operation was time-consuming for the busy ranchers, who had to lug special tools on all-terrain vehicles and on foot to open or close the mechanism.
Supporters say the gambling money is a godsend. Critics say legalized sports betting has come at a cost — fueling an addiction crisis that Colorado is unprepared for.
Supporters say the gambling money is a godsend. Critics say legalized sports betting has come at a cost — fueling an addiction crisis that Colorado is unprepared for.
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