Another state, another all-time monthly revenue record for sports betting.
Colorado joined the ever-expanding list of states that recorded their best month in terms of operator revenue when, on Monday, the Department of Revenue’s Division of Gaming reported gross revenue of nearly $36.8 million and adjusted post-promotional revenue of close to $19.2 million for November.
It was the second consecutive month an all-time high was established for gross revenue, with November’s figure a 28.5% increase from the $28.6 million collected in October. The adjusted revenue nearly doubled the previous mark of $11.7 million set in January and more than doubled the nearly $9 million claimed by operators in November 2020.