Colorado Sees Big Drop in Sports Betting Numbers In July
Colorado sports betting followed a national trend of seeing a decrease in July handle.
But when the state Department of Revenue released the information to the public, it tried to put a positive spin on things.
The total handle for July was $181,327,994, which is 21% less than the $229.8 million posted in June.
July 2021 total revenue was $15.65 million, down from $19.73 in June. Total taxes were $999,110, down from the $1.2 million in June.
Online sports betting was $179.125 million, down from $227.1 million in June. Mobile continues to account for almost all of the total betting handle, with 99% of wagers made online and 1% of wagers placed in retail locations, or $243,244.65. Colorado has 25 online operators and 17 retail.
Colorado Sports Betting, July vs. June
|Total Handle||Mobile Handle||Revenue (GGR)|
|Change||Down 21%||Down 43%||Down 20%|
Baseball Still Tops For Betting
Baseball betting was still tops in the state with customers placing $61 million in July wagers on MLB.
Next was basketball betting with $27 million.
That group should change soon, with NFL betting starting up in full swing in September.
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