Colorado Sets Sportsbetting Revenue Record

This story was published more than 2 years ago.

The state of Colorado had a banner month of November in terms of sportsbetting revenue, as revenues reached $36.8 million for the month.

The Rocky Mountain State's punters bet $475.4 million during the month, which was actually 3.3% lower than what was wagered in October. It was also up more than double from what was bet in November of last year, when $231.2 million was wagered.

Online wagers accounted for $469 of the total, while $6.4 million was wagered at retail sites. Punters won $438.7 million, while books walked away with $36.8 million in revenue, beating the previous record of $28.6 million. Online revenues were $36.6 million, while retail books generated $189,404.

Pro football was the most popular sport to get bets on, with $140.3 million wagered, while college football generated $29.4 million. Pro basketball generated $124.7 million in wagers, while college ball generated $29 million.

Taxes to the state from sportsbetting amounted to $2 million.

About the author

Dustin Jermalowicz // News Editor
Dustin Jermalowicz
Dustin has a long-standing passion for gambling. He has been writing professionally on the subject and breaking industry news for Casino Listings since 2011. His favorite casino games include Blackjack, Poker, and Hi/Lo. A proud native of Detroit, Dustin currently lives in Michigan.