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Colorado sports betting handle reaches record $408m in September


Consumers in Colorado spent a record $408.3m on sports betting during September, while revenue came in just short of the state’s all-time monthly high.

Gross gaming revenue for the month was $22.7m, the second-highest monthly amount on record behind $23.1m in January this year and 423.8% up from $4.2m in September last year.

The total was also 44.7% higher than $15.2m in August this year, with online revenue for the month reaching $22.3m and retail revenue $336,607.

Turning to handle and the $408.3m spent by players during September was 96.6% up from $207.7m in the same month last year and 92.7% more than August 2021. This also smashed the previous record of $326.9m set in January of this year.

Players wagered a total of $402.8m online and $5.6m at retail sportsbooks across the state.

Football was by far the most popular sport among consumers, with the start of the 2021 National Football League season helping draw $125.8m in bets during the month.

Baseball accounted for $68.7m of all bets place in September, then $46.9m on collegiate football, and $16.3m each for basketball and tennis.