Colorado sports betting handle reaches $512.8m in September

Players bet $507.9m online in September.
Players bet $507.9m online in September.

The sports betting handle was up 14 per cent year-on-year.

US.- Colorado’s sports betting handle totalled $512.8m in September. That’s an increase of 14 per cent year-on-year and 67 per cent from August 2023. Players bet $507.9m online, with the remaining $4.9m wagered via retail sportsbooks.

The Colorado Department of Revenue reported that gross gaming revenue was $45.3m, down on the $51.3m generated in September 2022 but the second-highest monthly total this year. The win percentage was 8.8 per cent during the month, compared to 11.4 per cent in September 2022.

NFL football was the most popular sport to bet on in September, with players betting  $157.4m, 30 per cent of the total bets. Baseball ranked second, with players wagering $78.2m on the sport. NCAA football followed with a $69.5m handle, while $99.3m was spent on parlay wagers.

In this article:
sports betting