Record Sports Betting Handle in January For Colorado

There had been a record that is new the sports betting handle during January for operators in Colorado. Over $1.5 billion was wagered in this US state since the launch of regulated sports market that is betting might 2020.

The gross video gaming income for the month that is first of was $23.1 million. This is 25.5% more from the record that is previous of18.4 million from November 2020. Additionally it is 34.3% a lot more than December’s $17.2 million.

The Numbers Breakdown

Online recreations gambling added with $22.7 million to January’s income, while retail and sports that are land-based made $481,276.

Colorado players spend $326.9 million in sports betting during January. This is a boost of 14.9% on the record that is current of284.6 million which was reported in December.

During January, baseball ended up being the absolute most sport that is popular bettors. It amounted to $88.4 million in wagers.

Football was close behind with $75 million in bets. This was aided by the NFL’s play-off and Super Bowl games.

Combination betting and parlay had $53.3 million in wagers, and college basketball contributed with $39.9 million in bets.

In January, players won $303.8 million in sports betting. Operators paid $1.2 million in sports wagering taxes.

Since the Colorado market opened in May 2020, sports revenue that is betting $98.9 million.

Sportsbooks Launch

The rollout of several sportsbooks in Colorado ended up being a tremendously process that is gradual

In November, mobile sports platform that is betting IGT/Maverick Gaming premiered within the state.

The PlaySports platform will power the 3 gambling enterprises in Colorado and can act as the cornerstone for interactive recreations that is betting

IGT will provide its proven PlaySports turnkey solution user-friendly that is including PlaySports kiosks, to Grand Z Casino and Johnny Z’s Casino in Central City and Z Casino in Ebony Hawk, Colorado.

Before this, in September, Betfred’s sportsbook went reside in Colorado…

…that also comes with special deals for sale in hawaii, with brand new sign-ups in Colorado acquiring a bet that is risk-free to $500.

Source:“Colorado sports betting reaches new heights with record January”

, igbnorthamerica.com, 26, 2021.(* february)

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