Colorado Sports Betting Hits $25 Million In Wagers In First Month

A lack of major sports didn’t dampen the pent-up demand for Colorado sports betting in its launch month. Sports bettors wagered $25. 5 million in Colorado in May after the industry officially launched May 1. That handle was spread across six operators, including some of the biggest names in sports betting: BetMGM BetMonarch BetRivers DraftKings Sportsbook FanDuel Sportsbook Fox Bet At maturity, the Colorado sports betting market could have 35 mobile sportsbook operators through the state’s 33 commercial casinos and two tribal casinos. That market could generate up to or perhaps more than $6 billion in annual handle at maturity, according to PlayColorado. com.

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