Colorado sports betting revenue more than doubles to $15.2m in August

| By Robert Fletcher
Sports wagering revenue in Colorado increased 102.7% year-on-year to $15.2m (£11.1m/€13.0m) in August as the US state also saw its handle jump 64.8% to $211.9m.

Gross gaming revenue was significantly higher than $7.5m in August 2020 – a month when the state was still emerging from the Covid-19 shut-down – but slightly down from $15.7m in July of this year, according to the Colorado Division of Gaming.

Online accounted for $15.0m of overall revenue for the month, while retail contributed $230,246 to the total figure.

In terms of handle, the $211.9m wagered by players in August surpassed the $128.6m spent in the same month last year and was also 16.9% higher than the $181.3m bet in July of this year.

Read the full story on iGB North America.

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