How Colorado Sports Betting Is Funding Real-World Issues

Colorado Sportsbook

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 – Colorado’s … Read more

Audit Shows Colorado Could Be Missing Out On Sports Betting Revenue

Colorado sportsbook

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 year … Read more

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

Nikola Jokic

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 … Read more

Colorado Sports Betting Sees Slight Decreases In February

Mardi Gras Casino - Colorado Sportsbook

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 losses in betting handle and … Read more

Colorado Sports Betting Sees Record High Handle In January

Colorado Sportsbook

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 the country, with … Read more

Colorado Sports Betting Handle Breaks Record Again In Nov.

Colorado Sportsbook

Colorado saw more than $230 million wagered on sports in November. Over $18.3 million was generated in gross revenue. Colorado collected $800,000 in taxes from sports bets. DENVER – Colorado bettors have once again set the single month betting record in November as sports betting … Read more

Future CO Sports Betting App, theScore, Receives License To Launch

TheScore - Colorado Rockies Stadium

Colorado has gained another mobile sportsbook as theScore Bet has become licensed to operate its mobile application in the state. No date is available for a launch but it is likely to take place before the start of the NFL season when sports betting is … Read more

Carousel Group Gets Sports Betting License Approval In Colorado

Colorado Sports Betting

Johnny Nolon’s Casino will partner with The Carousel Group to operate a new sportsbook. The partnership will feature both mobile and retail sports betting. The company also expressed plans to venture into New Jersey as well. CRIPPLE CREEK, Colo. – The Colorado Division of Gaming … Read more

Colorado Sports Betting Looking At May 1st Launch Date

Colorado Sports Betting Launch

Colorado is expected to launch both retail and internet sports betting on May 1. This date may be pushed back due to the COVID-19 outbreak. DENVER – Anyone involved with the new Colorado sports betting market would like to see a launch date of May … Read more