The Colorado sports betting market could undergo a major overhaul if a bill passed Wednesday by the state legislature receives approval from Gov. Jared Polis.

The state Senate agreed to minor amendments approved earlier this week by the House, then narrowly backed the measure, 20-15, to clear it on the final scheduled day of the legislative session.

If signed into law, the bill would significantly impact the sports betting landscape in Colorado, potentially leading to changes in regulations and market dynamics.