Colorado

Expected Jump Helps Colorado Sports Betting Hit Record

Colorado sports betting handle cracked $400 million for the first time in September. Riding the wave of NFL betting, Colorado sportsbooks took $408.3 million in wagers during the month of September, according to a state report released Friday. That bests the previous high of $326.9 million in January 2021. September’s total is also a 92.7% […] Read More

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