With sports wagering set to launch May 1, Colorado regulators on Thursday decided the state will have the ultimate say on what gamblers can — and cannot — bet on within sporting events. The Colorado Limited Gaming Control Commission adopted rules governing the state’s new sports betting industry, including guidance on how so-called proposition betting opportunities will be determined. Proposition, or prop, bets are wagers placed on individual players or events within a game, rather than the final score.

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