The state of Colorado set a sportsbetting handle record in December, hitting $716.4 million during the month and beating the previous record of $608.5 million.
Internet betting was the dominant form of wagering, with $ 712 million bet via mobile devices or on computers. Retail books had $4.5 million in bets. Revenues were up 41.6% from the month prior to $40.5 million. The state's revenues were actually down 0.1% from last year, though. Almost all of that revenue was generated online, as retail revenues were just $63,546.
The NFL was the most popular sport for wagers, with players betting $193.1 million. NBA basketball was next with $171.4 million, while NCAA college football was third with $45.8 million wagered.
Parlay bets were responsible for $204.2 million in handle.
The month also saw the launch of Fanatics, which took the place of PointsBet. The launches continue this month, as Betr is set to go live as soon as it obtains a gaming license from the Colorado Division of Gaming.
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