Colorado sports betting revenue tops $53.4m in January
Wednesday 06 de March 2024 / 12:00
2 minutos de lectura
(Colorado).- Gross gaming revenue from sports betting in Colorado hiked 50.7% year-on-year in January despite only a short increase in handle for the month.
Spending on sports betting in January amounted to $596.7m (£469.5m/€549.4m). This was 9.1% ahead of $547.2m in 2023 but 16.6% short of December’s record $716.4m spend in Colorado.
Of this total, $592.2m was wagered via online sportsbooks and $4.5m retail facilities across the state.
While the year-on-year handle rise was only modest, operators were much more successful in revenue terms. Gross gaming revenue reached $53.5m, some way clear of the $35.5m posted in January 2023.
The January total was also 32.1% higher than the $40.5m reported in December. This was despite players wagering around $120.0m less month-on-month.
Online wagering accounted for $53.3m of all revenue during the month. In contrast, retail contributed just $190,394.
Basketball betting drives growth in Colorado
While many were looking ahead to the NFL’s end-of-season Super Bowl showpiece in early February, it was basketball that proved the most popular with players in Colorado in January.
Some $135.3m was bet in basketball during the month. American football betting amounted to $86.1m, while college basketball wagers totalled $24.6m.
Other stand-out sports in January included tennis with $21.2m in bets, football at $14.0m and ice hockey with $11.9m.
Colorado players won $543.2m from sports betting in January. This includes $538.9m from online wagering and $4.3m retail sportsbooks.
Increased revenue from sports betting also meant a rise in tax contributions to the state. In total, operators paid $4.1m in sport wagering tax, the highest monthly total on record.
Categoría:Sportsbook
Tags: Sports Betting,
País: United States
Región: North America
Event
G2E - Las Vegas 2025
06 de October 2025
Air Dice Unveils 10 New Game Innovations at G2E 2025, Showcasing Volatility Control and Shifter™ Mechanics
(Las Vegas, SoloAzar Exclusive).- At G2E 2025, Air Dice made a strong impression with the debut of ten new game releases and upcoming titles. Erkki Nikunen, Partner and CBDO, highlighted the company’s focus on player-driven features. With a winter-themed “Nord Legends” booth and growing interest from sweepstakes operators, Air Dice reinforced its position as a creative force in regulated markets and Dice Placement games worldwide.
Thursday 16 Oct 2025 / 12:00
Zitro Delivers Its Most Spectacular Showcase Yet at G2E Las Vegas 2025
(Madrid).- Zitro Unveils FANTASY Cabinet and Expands Game Portfolio at G2E Las Vegas 2025.
Thursday 16 Oct 2025 / 12:00
Merkur Group Strengthens United States Presence with Successful G2E 2025 Showcase
(Lübbecke/Las Vegas).- Merkur Group marked a standout appearance at the Global Gaming Expo (G2E), attracting high visitor numbers and strong interest in its portfolio. The German gaming specialist reinforces its position in North America, presenting its extensive product range to industry professionals from around the world.
Wednesday 15 Oct 2025 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.