Colorado sports bets decline for second consecutive month

Colorado sports bets decline for second consecutive month

Article brief provided by The Denver Gazette
  • Wayne Heilman, The Denver Gazette
February 2, 2022 12:01 AM
  • Wayne Heilman, The Denver Gazette

Colorado sports betting declined in December for a second consecutive month but finished the year at nearly $4 billion, according to a report from the Colorado Division of Gaming.

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The $461.4 million bet in December was down 2.9% from November but up more than 60% from December 2020. Betting also declined slightly in November. Even so, wagers in the final three months of last year totaled more than $1.4 billion and accounted for the three highest monthly totals since legal sports betting began in Colorado in May 2020.

Colorado gamblers wagered $3.9 billion in 2021, more than triple the $1.2 billion bet in 2020, which included eight months of legal wagers and abbreviated seasons in many professional and colleges sports.