Colorado sports betting handle falls to eight-month low in June

Colorado sports betting handle falls to eight-month low in June

Article brief provided by The Gazette
  • Wayne Heilman, The Gazette
July 28, 2021 12:28 AM
  • Wayne Heilman, The Gazette

Sports wagering in Colorado last month fell to an eight-month low as the Denver Nuggets and Colorado Avalanche were eliminated from the playoffs early in the month, the Colorado Division of Gaming reported Tuesday.

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The $229.8 million wagered in June was the lowest since bets totaled $210.7 million in October. Last month’s total is six times the $38.1 million bet in June 2020, the second month sports wagering was legal, but down 7.7% from May’s total. The monthly total has declined in two of the past three months. Wagers for the first half of the year totaled $1.62 billion.

The Avalanche were eliminated by the Vegas Golden Knights on June 11, while the Nuggets’ playoff run ended two days later.