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State Sports Betting Audit Services

Overview


Financial, Legal, HR & Staffing
Colorado, United StatesPosted: October 6, 2026Deadline: October 26, 2026

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SUMMARY


Colorado seeks an experienced provider to audit sports betting tax processes, operator deductions, patron protection requirements, and beneficiary fund awareness. The work will support regulatory compliance and oversight of licensed sports betting operations.

KEY REQUIREMENTS


BUDGET

Estimate

$50,000 – $150,000

CONTRACT DURATION


6 months

TIMELINE


Planning Meeting with OSA: November 5th, 2026

Introductory/Transition Meeting: November 7th, 2026

Fieldwork: Beginning November 7th, 2026

Draft Written Findings: January 22nd, 2027

Revise Findings: February 12th, 2027

Findings to the Division of Gaming: February 19th, 2027

Clearing Meeting: March 1st, 2027

Draft Report to OSA: March 12th, 2027

Revise Draft Report: March 29th, 2027

Draft Report to the Division of Gaming: April 2nd, 2027

Exit Conference and Report Revisions: April 9th, 2027

Obtain Written Responses: April 16th, 2027

Final Report Review and Approval for Print: April 23rd, 2027

Final Electronic Report File and Printed Hard Copies to the OSA: April 30th, 2027

Dry Run of Report Presentation: Early May 2027

Legislative Audit Committee Hearing: June 2027

QUESTION DEADLINE


October 13, 2026

CONTACTS


Primary procurement contact — name, title, email, and phone

Additional decision-makers and their departments

Issuing Agency


Colorado Office of the State Auditor

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DESCRIPTION


The Colorado Division of Gaming seeks vendor services to audit state sports betting operations and related regulatory processes. The selected provider will understand and test the Division’s manual and automated processes for collecting and reviewing sports betting operator taxes and supporting documentation for accuracy.

The engagement includes evaluating the propriety of free bet tax deductions claimed by operators during Fiscal Year 2026 and Fiscal Year 2027 to date. The provider will also review statutes and rules concerning patron protections, including minimum age requirements, restrictions on credit card wagering and push notifications, daily deposit limits, and betting location requirements.

Additional work includes surveying potential beneficiaries to determine their awareness of the relevant fund and identify factors that may have prevented them from requesting disbursements. The audit supports the Division’s regulatory responsibilities for collecting taxes, fees, fines, and penalties; issuing sports betting licenses; and conducting compliance investigations and audits.

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Frequently asked questions


When is the submission deadline?
Submissions are due October 26, 2026. Questions must be submitted by October 13, 2026.
What is the budget for this RFP?
Settle estimates the budget at $50,000 – $150,000. The issuer has not published an official figure.
Who issued this RFP?
It was issued by Colorado Office of the State Auditor. The work is located in Colorado, United States.
Who is a good fit for this opportunity?
  • Government audit and compliance firm with sports betting or gaming-regulation experience
  • Expertise in tax process testing, financial controls, and supporting-document review
  • Experience evaluating statutory and regulatory compliance in highly regulated industries
  • Capability to conduct stakeholder or beneficiary surveys and analyze findings
  • Strong understanding of licensed gaming operations and state regulatory environments

Analysis generated by Settle AI from the source RFP.

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