Tag: Dan Hartman
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Colorado gaming division points to pandemic in regulation glitches
Colorado Division of Gaming officials early Tuesday responded to a critical audit from the Office of the State Auditor, saying the pandemic impacted its ability to roll out legalized sports betting in Colorado. The state auditor issued a scathing audit Monday of how the division regulated the first full year of legal sports betting in…
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Colorado sports betting totals $2.3 billion in first year
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Colorado gamblers bet more than $2.3 billion on sports in the first year of legal wagering, exceeding most forecasts, the Colorado Division of Gaming reported Monday. ‘Mattress Mack:’ I’ll be back for another bet in Colorado Springs The 12-month total is the third highest for any state after New Jersey and Illinois in the first…
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Colorado sports betting declines for first time in February
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The Super Bowl didn’t turn out to be all that super for Colorado sports wagers in February — the amount bet on all sports declined from the previous month for the first time since sports betting was legalized last May. The $266.5 million bet in February was down $60 million, or 18.5%, from January. Wagers…
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Sports betting revenue opens spigot for state water plan
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Facebook Twitter WhatsApp SMS Email Print Copy article link Save Coloradans legally bet more than $1.1 billion on sports in 2020, exceeding expectations and funneling some cash to the Colorado Water Plan sooner than anticipated. Colorado collected more than $3.4 million in sports betting taxes in 2020, with operators running from May through December. Voters…
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Colorado bettors double down on sports wagering in August
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Facebook Twitter WhatsApp SMS Email Print Copy article link Save Colorado bettors doubled down on sports wagering in August, raising the total to $128.6 million, the Colorado Division of Gaming announced this week. The return of professional sports for a full month played a major role in the big increase with basketball, baseball and hockey wagers combining…
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Sports gambling amps up, will eventually benefit state water plan
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Facebook Twitter WhatsApp SMS Email Print Copy article link Save If you’ve watched TV in Colorado lately, chances are you’ve been bombarded with commercials for various sports betting platforms. Now, as you surf the internet, you might also see ads connecting the state’s newly legalized sports betting industry with funding for Colorado water projects. The…