Colorado sports wagers surpass $5.0bn since legalisation

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Colorado opened its legal sports betting market in May 2020, enabling consumers to wager both online and at retail sportsbooks located across the state.

In that time, players wagered $5.03bn on sports, with revenue from this reaching $325.9m, according to the Colorado Department of Revenue.

The milestone handle figure was reached in December, during which players spent $461.4m betting on sports, an increase of 62.6% from $284.6m in the same month of the previous year, but 2.9% down from $469.0m in November 2021.

Read the full story on iGB North America.

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