The Colorado sportsbook industry sees an increase in the total betting handle in the state for the month of May. The total sports betting handle of all sportsbooks in the state is $278.97 million. If anything, the handle for the month serves as a great way to remind those who want to open a sportsbook Read more about Colorado Sportsbook Industry Sees Increase in Betting Handle[…]
Colorado launched its sports betting market in May 2020. Even if their local market started out a bit later compared with other states, the betting handle for the year more than makes up for it. In fact, even if they only started in May of 2020, the Colorado sports betting handle breached the $1 billion Read more about Colorado Sports Betting Handle Passes $1B Mark in 2020[…]
In our latest payperhead news, we’re taking a look at one of the fastest-growing sports betting markets in the US: Colorado. With states showing increases in handle over the past few months, Colorado also sees an upward trend in betting. Not only are they seeing an increase in betting, but Colorado sets a new sports Read more about Pay Per Head News: Colorado Sets a New Sports Betting Handle Record[…]
Colorado is one of the newest states to offer regulated sports betting in the US. Its local betting market opened last May 1. During its first month, the local retail sportsbook, plus 6 online sports betting platform operators had $25.62 million, with $0.94 million in net revenue. These numbers are pretty low when we compare them to the launch of other states in the US. Considering their first month was during a pandemic where much of the sports world was shut down, the Colorado sportsbook industry have pretty good numbers.
Months and months after tedious planning and voting by Colorado residents and lawmakers, the news is in: Colorado sports betting is now legal. Initially, plans to launch the local market was scheduled for May 1. A lot of people were concerned about the coronavirus pandemic. But the state still continues on without a hitch. If Read more about Bookie News: Colorado Sports Betting is Now Legal[…]
Sports Betting in Colorado became legal in November of 2019 and they are moving rapidly to open their first sportsbooks. In addition, the framework for legal sports betting in Colorado was finally take care of last week. In fact, they recently began to accept sports betting applications and the turn out was very high. The Read more about 50 Companies Apply for a Colorado Sports Betting License[…]
A Colorado sports betting market won’t exist unless their residents vote for legalizing sports betting in their state. Colorado is a state with a growing population. And their population is highly interested in sports. This could generate millions, if not more, of wagers placed by residents in the near future. Just like any pay per Read more about Colorado Sports Betting Gets Okay from Voters[…]