Colorado

Baseball Tops August Colorado Sports Betting As Promos Inch Back

Baseball betting stayed hot in August as Colorado sportsbooks started their upward climb into the busier sports season. Colorado sportsbooks reported $211.9 million in August wagers, according to a monthly state report. That figure is a 16.8% jump from July‘s handle of $181.3 million. While handle is back on the upswing, revenue dropped approximately 3% […] Read More

Colorado Sports Betting Revenue Up Despite Summer Handle Slowdown

Early playoff exits for local teams might have hurt handle but Colorado sports betting saw revenue jump in June. Sports betting revenue totaled $19.7 million, up 30.4% from May’s $15.1 million. Meanwhile, handle dropped 7.7% month-over-month to $229.8 million in June, according to the monthly state report. Promotional spending for Colorado sportsbooks fell a bit […] Read More

Colorado Sports Betting Ticks Up, Revenue Drops In May

Despite wagers trending upward, Colorado sports betting revenue dropped in May according to the monthly report. Colorado bettors wagered nearly $249 million in May, per the a Colorado Division of Gaming report released Friday. Sportsbook operators generated $15.2 million in gross gaming revenue, a 6.1% hold. That’s down from $17.6 million in April. More dramatic was the […] Read More

Colorado Sports Betting Wraps Up Odd First Year With April Slide

Colorado sports betting drew $2.3 billion in wagers during the state’s first 12 months of legal operation. April’s $244.5 million in bets wrapped up the first full year of sports betting in Colorado. More than $241.9 million of those April bets came online. During the month, Colorado sportsbooks generated $17.6 million in gross gaming revenue, […] Read More