Colorado handle declines again in June
| By Zak Thomas-Akoo
The total Colorado sports betting handle declined for the third consecutive month in June, as well as falling for the first time on a yearly basis.
Colorado’s total betting handle stood at $310.7m in June 2023, a 19% decline from the $385.2m the Centennial state achieved in May.
This also represented a 0.8% fall from the $313.2m the state reported in the same period last year.
Of the total wagers, the vast majority resulted from online wagers at $308.2m, with just $2.44m originating from retail and land-based bets.
Players bet the highest totals on baseball, which received $104.6m in wagers. The second and third most popular sports were basketball and tennis, reporting $57.9m and $23.7m respectively.
This represented a change from June 2022, when ice hockey was the state’s third most popular sport to bet on instead of tennis.