Colorado breaks sports betting record in January with $573 million in bets

Colorado breaks sports betting record in January with $573 million in bets

Article brief provided by KDVR-TV
  • Alex Rose, KDVR-TV
March 2, 2022 12:26 AM
  • Alex Rose, KDVR-TV

The start of 2022 kicked off with the largest single month for wagers in Colorado sports betting history, according to the Colorado Department of Revenue which regulates the industry.

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The Colorado Division of Gaming announced $573,720,213 in sports bets were placed during the month of January, representing a more than 24% increase from December 2021.

“We opened in May of 2020,” said Director of Colorado’s Division of Gaming Dan Hartman in an interview on FOX31 NOW. “We opened in the pandemic when there was no sports. Really it has increased and the acceptance of sports over the 21 months has become phenomenal.”

Compared to January 2021, this January saw an increase in betting money by 75%.