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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Basketball lifts March sports betting to second-highest monthly total
The final weeks of the NBA regular season and the NCAA basketball tournament lifted sports bets in Colorado last month to the second-highest monthly total in the nearly two years since such wagers were legalized. End of NFL season triggers decline in Colorado sports bets Bets on professional and college basketball made up nearly two-thirds…
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Colorado sports bets decline for second consecutive month
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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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Colorado sports betting surges to record total
The start of the pro football season, including a 3-0 start for the Denver Broncos, helped lift Colorado sports betting to a record $408.3 million in September, the Colorado Division of Gaming reported Friday. Last month’s total was nearly double the total from either the month before or the year before. It beat the previous…
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Sports betting in Colorado spikes in August, among pacesetters in the U.S.
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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 slows to lowest since August 2020, but there’s optimism
Not even baseball’s All-Star Game in Denver could capture enough bettor interest to overcome the absence of major sports during most of July as Colorado’s sports betting handle dropped to an 11-month low. The $181.3 million bet in July was down 21.1% from June and was the lowest monthly total since sports wagering totaled $128.6…
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Colorado sports betting handle falls to 8-month low in June
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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 edges higher in May amid playoffs
Colorado sports betting totals $2.3 billion in first year Playoff runs by the Denver Nuggets and Colorado Avalanche helped push sports betting totals slightly higher in May, the Colorado Department of Revenue reported Friday. ‘Mattress Mack:’ I’ll be back for another bet in Colorado Springs The nearly $249 million bet last month was up 1.9%…
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Gambling: When it comes to NBA playoffs, “Bet what you know, not what you think”
The NBA playoffs have been a tough handicapping challenge for many this year. We have had a series where the home team lost every game, and others where home court advantage is all that mattered. We had some that played way above their average totals and others that were well short. Some even alternated game…
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Betting: Wagers to make in the Islanders and Lightning series
The semifinal series between the New York Islanders and Tampa Bay Lightning shifts to New York with the series tied at a game apiece. Game 3 gets underway at 8 p.m. ET at Nassau Veterans Memorial Coliseum where the Islanders have a 4-2 record in these playoffs. The defending Stanley Cup champion Lightning are 5-1…