The Colorado Department of Revenue reported a record monthly gross revenue of $53.5 million, eclipsing the previous high of $51.3 million from Sept. 2022.
The January handle reached $596.7 million with $592.2 million coming from online sports betting. The total amount wagered was down 16.7% from December’s all-time high of $716 million, but up 9.1% from Jan. 2023.
NFL wagers generated from the regular season's end and the playoffs' beginning brought in $10.2 million of profit on a handle of $86.1 million. That came despite the Denver Broncos missing out on the playoffs for the eighth straight year. Meanwhile, professional basketball added over $7 million in profit, while college basketball and hockey hauled in less than $1 million combined.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
New York’s February Sports Betting Revenue Falls to Lowest Mark Since AugustThe first month in the Empire State without the NFL was bound to deflate figures.
Read more »
Best UFC Betting Sites 2024 - Comprehensive UFC and MMA Betting GuideEnhance your UFC and MMA betting skills with our list of Covers-verified betting sites for 2024. Gain insight into the best UFC betting sites, sportsbook promos, access FAQs, and more.
Read more »
2 found shot dead in dorm room at University of Colorado - Colorado Springs: authoritiesTwo people were found shot dead in a dorm at the University of Colorado - Colorado Springs, authorities said.
Read more »
752 Colorado veterans placed in permanent housing in 2023, VA Eastern Colorado Health Care System saysSydney Isenberg is an Emmy-nominated digital content producer with Denver7 (KMGH) in Denver, Colorado. She began her career in Bakersfield, California, after graduating from the Walter Cronkite School of Journalism and Mass Communication at Arizona State University in 2018.
Read more »
Bally’s Chicago revenue grows in February, generating more than $1 million in local tax revenueMonthly revenue at the temporary Medinah Temple casino grew 6.5% to nearly $9.9 million in adjusted gross receipts, while admissions were up nearly 20%.
Read more »
Australia’s Financial Crime Watchdog Investigating bet365Regulator opened an investigation into sports betting operator after obtaining an external audit report.
Read more »