Colorado Sports Betting Sets All-time Revenue Record for Month of November

Return of the NBA pushes revenue to new heights

by - Wednesday, January 5th, 2022 11:31

NBA sports betting

The latest monthly revenue report from the Colorado Department of Revenue has revealed that the state’s licensed sports betting operators took in over $475.4 million in wagers throughout the month of November.

The latest figures mark a drop of 3.25% from October’s record-breaking sports betting handle of $491.4 million.

Colorado Sports Betting Sets All-time Revenue Record for Month of November

Betting on NCAA football and NCAA basketball dropped for the month with both sports each attracting just over $29 million in wagers. Meanwhile, ice hockey pulled in $13.9 million during November.

Retail sportsbooks accepted over $6.4 million in wagers, down almost 21% from the previous month. Mobile sports betting, on the other hand, accounted for 98.65% of all bets as online sports betting operators reported accepting just over $469 million in wagers throughout the month.

Colorado Sports Betting Sets All-time Revenue Record for Month of November Colorado Sports Betting Sets All-time Revenue Record for Month of November
Natasha Lyndon
Colorado Sports Betting Sets All-time Revenue Record for Month of November
Colorado Sports Betting Sets All-time Revenue Record for Month of November