Tag: Wagering
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Colorado auditors ding sports betting regulators
Colorado’s Office of the State Auditor issued a scathing audit Monday of how the Division of Gaming has regulated the first full year of legal sports betting in the state, alleging the division hands out far too many temporary licenses and that it could be losing tax revenue by not requiring more documentation. The 56-page report covered…
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Colorado sports bets decline for second consecutive month
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. 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…
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Sports betting in Colorado spikes in August, among pacesetters in the U.S.
Facebook Twitter WhatsApp SMS Email Print Copy article link Save Sports betters plunked down almost $212 million worth of bets in Colorado in August, up 17% from the prior month and 65% from August 2020, according to the Colorado Division of Gaming Monday. Of the $211.92 million wagered, sports book companies paid out $196.69 million…
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Colorado sports betting handle falls to 8-month low in June
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. Colorado sports betting edges higher in May amid playoffs The $229.8 million wagered in June was the lowest since bets totaled…
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Colorado sports betting totals $2.3 billion in first year
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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March Madness helps Colorado sports betting recover in March
March Madness and the surging Denver Nuggets helped sports wagering in Colorado recover in March after declining in February from the previous month for the first time. Colorado sports betting declines for first time in February The $301 million bet in March was up 12.9% from February’s total, fueled by nearly $71 million bet on…
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Colorado bettors double down on sports wagering in August
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…