Colorado sets new sports betting record in January with over $326 million wagered via online and land-based services
The Colorado Division of Gaming has finally released the reports for the state’s January sports betting earnings. The industry is booming and with over $326.9 million wagered last month, the state has hit a new record high via handle. Mobile and online wagers were the main form of betting and from that massive amount of bets, sportsbooks were able to retain just over $22 million in revenues.
Continued Growth
The sports betting market in Colorado is doing quite well, with each month seeing an increase in betting handle. For January, the betting handle broke a record yet again, which led to the 9th consecutive month of increase.
Last month, a total of $326,903,462.06 was wagered on sports. This was an increase of 87.1…
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