Bet365 Finally Live In Second State With Colorado Sports Betting Launch

A partnership more than two years in the making is live as bet365 launched Tuesday in Colorado. The leading UK sportsbook signed a partnership with Century Casinos in May 2020 for a 10-year deal to operate sports betting in Colorado. Bet365 has slow-rolled its US plans, though, and has only been running in New Jersey until now. […] Read More

Posted on: September 7, 2022 | | Matthew Waters

Pucking The Trend: Avalanche Big Boost For CO Sports Betting

Hockey has never been a huge betting draw in the US, including the CO sports betting market. All it took was a Stanley Cup run to change that. Colorado sportsbooks handled $127.3 million in hockey bets during the Colorado Avalanche‘s 2022 Stanley Cup-winning postseason, according to a spokesperson for the Colorado Limited Gaming Control Commission […] Read More

Posted on: July 8, 2022 | | Matthew Waters

Century CEO: Bet365 Sets New Target Date For Colorado Launch

Bet365 is waiting at least another couple of months before launching in its second US state, according to its partner. Century Casinos Co-CEO Peter Hoetzinger confirmed to LSR the previously reported second-quarter launch window for bet365 will be missed: “The new launch date is, most likely, Sep 1st.” That means one of the largest sportsbooks […] Read More

Posted on: June 27, 2022 | | Matthew Waters

CO Sports Betting Regulator Questioned As Audit Finds ‘Gaps’ In Process

The Colorado State Audit found discrepancies in CO sports betting tax figures and a lack of due diligence in licensing. Read More

Posted on: June 15, 2022 | | Brad Allen

Colorado Ending Tax Breaks For Sports Betting Promo Spend

Colorado has seen minimal tax revenues from CO sports betting compared to states like New York. A new law looks to set to change that. Read More

Posted on: May 24, 2022 | | Brad Allen

Colorado Sports Betting Tops $6 Billion Bet Since Launch

Sports betting in Colorado passed the $6 billion mark for total dollars bet since launch in May 2020 with February‘s results. Handle was $440.5 million for February, down 23.2% from January’s record $573.7 million bet. Sports betting revenue dropped month-over-month, too, to $19.6 million with a 4.5% hold. That $19.6 million is gross, though, and […] Read More

Posted on: April 5, 2022 | | Matthew Waters

Bet365 Ready For Q2 Launch In Colorado, Partner Says

Bet365 is ready to enter its second mobile US sports betting market in Q2 2022, according to its license partner. Century Casinos co-CEO Peter Hoetzinger anticipates bet365 to launch sports betting in Colorado “next quarter,” according to his comments during Century’s year-end earnings call. That suggests anytime from April through June, which would give the […] Read More

Posted on: March 9, 2022 | | Matthew Waters

Colorado Sports Betting Climbed To Record High In January

A busy January slate of football and basketball catapulted Colorado sports betting to new record heights. Colorado sports bettors wagered $573.7 million during the month, according to a Colorado Department of Revenue report released Tuesday. The handle is up 24.3% from December’s $461.4 million and 16.7% from the previous record, $491.5 million, set in October 2021. […] Read More

Posted on: March 2, 2022 | | Pat Evans

Colorado Sportsbooks Join New All-Time Handle Club After December

December results for Colorado sportsbooks match much of the rest of the US: a slight decrease in handle with a bigger dip in revenue. Colorado bettors wagered $461.4 million in December according to the report, down 2.9% from November but up 62.2% over last December. That brings Colorado sports betting handle to more than $5 billion […] Read More

Posted on: February 1, 2022 | | Matthew Waters

Colorado Sports Betting Hits Record Revenue Mark In November

Those house-friendly results from November resulted in record revenue for Colorado sports betting, like many other US jurisdictions. Colorado sportsbooks reported $36.8 million in gross revenue. That is up 28.5% from the previous record set in October when Colorado also reported a record $491.5 million in handle. November fell short of that handle record at […] Read More

Posted on: January 4, 2022 | | Matthew Waters