Colorado sports wagers surpass $5.0bn since legalisation
| By Robert Fletcher
Players in Colorado spent more than $5.0bn (£3.7bn/€4.4bn) betting on sports during the first 21 months of legal wagering in the state, while new figures reveal year-on-year growth in revenue and handle for the month of December.
![Fanatics PointsBet Colorado](https://igamingbusiness.com/img-srv/v3UCG0hqFmBQ-uQQ3SwLtP9vKQdj9tOuvASipOMlvKQ/resizing_type:auto/width:0/height:0/gravity:sm/enlarge:1/ext:webp/strip_metadata:1/quality:90/bG9jYWw6Ly8vaWdhbWluZ2J1c2luZXNzLmNvbS93cC1jb250ZW50L3VwbG9hZHMvMjAyMC8wOS9Db2xvcmFkby0yXzMuanBn.webp)
Colorado opened its legal sports betting market in May 2020, enabling consumers to wager both online and at retail sportsbooks located across the state.
In that time, players wagered $5.03bn on sports, with revenue from this reaching $325.9m, according to the Colorado Department of Revenue.
The milestone handle figure was reached in December, during which players spent $461.4m betting on sports, an increase of 62.6% from $284.6m in the same month of the previous year, but 2.9% down from $469.0m in November 2021.