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How Colorado Sports Betting Is Funding Real-World Issues

How Colorado Sports Betting Is Funding Real-World Issues

by Michael Molter | Jan 31, 2025 10:43 am | Revenue

Colorado sportsbooks collected over $443 million in revenue after paying the state nearly $32 million in tax benefits during 2024. After seeing $5.1 billion in bets for 2022 and $5.5 billion for 2023, Colorado bettors broke the $6 billion marker in 2024. DENVER...
Audit Shows Colorado Could Be Missing Out On Sports Betting Revenue

Audit Shows Colorado Could Be Missing Out On Sports Betting Revenue

by Giovanni Shorter | Jun 15, 2022 10:33 am | Revenue

The Colorado Office of the State Auditor discovered issues during its audit of the sports betting market in Colorado. The Division of Gaming has given out too many temporary sports betting licenses, costing tax dollars in the process. The audit covered the first full...
CO Sports Betting Handle Hits Over $2B In Year One Despite April Dip

CO Sports Betting Handle Hits Over $2B In Year One Despite April Dip

by Giovanni Shorter | May 26, 2021 11:15 am | Revenue

Colorado sports betting sees slight dips in betting activity in April. Colorado still saw more than $200 million wagered on sports. In the first year of operation, more than $2 billion dollars was bet on sports in Colorado. DENVER – The Colorado sports betting market...
Colorado Sports Betting Sees Slight Decreases In February

Colorado Sports Betting Sees Slight Decreases In February

by Giovanni Shorter | Mar 31, 2021 12:21 pm | Revenue

Colorado saw $266.5 million wagered on sports in February. Sportsbooks collected $10.4 million in gross gaming revenue. The state saw $322,277 in tax revenue. DENVER – Colorado’s constant growth month over a month has finally stopped, with February seeing slight...
Colorado Sports Betting Sees Record High Handle In January

Colorado Sports Betting Sees Record High Handle In January

by Giovanni Shorter | Feb 28, 2021 12:08 pm | Sports Betting

Colorado sports betting fans wagered for more than $326.9 million in January. Mobile and online sports betting dominated yet again. Sportsbooks saw $22.7 million in sports betting revenue. DENVER – Colorado continues to be one of the bigger sports betting markets in...
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