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[…]