Colorado sports betting rebounds in March with over $300 million in wagers Derek Draplin, The Center Square · April 28, 2021 at 9:45 pm Sports betting wagers rebounded in March with more than $300 million wagered, up from $266.5 million the prior month, according to Colorado’s revenue office. March’s wagers mark a 12.9% increase from February, which saw an 18.5% slump from $326 million in wagers during January. The state collected more than $1 million in taxes on March’s wagers, and over $5.5 million total since Colorado legalized sports betting on May 1 last year. The $300 million in retail and online wagers also put the state at $2 billion in total wagers since last May, the Colorado Department of Revenue’s Division of Gaming said. The state surpassed $1 billion total wagers in December. “These large totals posted month-over-month show us that Coloradans are embracing this new form of entertainment,” Division of Gaming Director Dan Hartman said in a statement.