Colorado sportsbooks are reporting a lower sports betting handle for February. While this may seem worrisome to those new in the industry, February historically has lower handles than the previous months. With a shorter month plus less NFL games to wager on, sportsbooks expect the handle to be lower than the peak season. But for Read more about Colorado Sportsbooks Report Lower Handle in February[…]
The Colorado bookie industry hits past the $450 million mark in sports betting in December. While the handle is lower than November’s it should reassure those who are in the process of becoming a bookie that the year-on-year data is still nothing short of amazing. The total sports betting handle for November 2021 is at Read more about Colorado Bookie Industry Hits $461.4 Million Betting Handle in December[…]
Sportsbooks across the country have been announcing record-breaking sports betting numbers over the past couple of months. New Jersey’s sports betting industry broke its highest record, and was the first state to get a handle higher than $1 billion back in September. In October, Nevada joins New Jersey as the second state to hit a Read more about Colorado Sports Betting Handle Breaks Record in October[…]
The Colorado sportsbook market breaches the $400 million mark in total sports betting handle for September. This is the state’s highest monthly betting handle since its launch, with its previous record at $326.9 million back in January. Many software sportsbook users have been seeing an increase in handle since August, and are optimistic that this Read more about Colorado Sportsbook Market Sets New Record in Betting Handle[…]
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[…]