Colorado clears $4B in all-time sports-betting handle with record October of nearly $500M

Colorado clears $4B in all-time sports-betting handle with record October of nearly $500M

Article brief provided by CO Bets
  • Chris Altruda, CO Bets
December 1, 2021 1:47 AM
  • Chris Altruda, CO Bets

Colorado became the sixth state to surpass $4 billion in sports betting handle in the post-PASPA era Tuesday, furthering the national run of record monthly handles for October after the state’s Department of Revenue reported nearly $491.5 million in wagers for the month from its 17 retail and 25 mobile sportsbooks.

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The Centennial State joined New Jersey, Nevada, Pennsylvania, Illinois, and Indiana in the select circle of jurisdictions with more than $4 billion worth of wagers, reaching the milestone in 18 months. With more than $2.9 billion of those bets placed this year, Colorado ranks sixth among states in 2021 handle, wedged between Michigan ($2.95 billion) and Indiana ($2.9 billion).