Business
April 4, 2023
Colorado Betting Handle Dips in February but GGR Increases
A new report released by the Colorado Department of Revenue sheds light on the performance of licensed sports betting operators during February. Overall, the betting handle reported by operators this February hit $425.1 million. This result, when compared to the result from the corresponding period in 2022 marked a decrease, considering that back then, the […]
Sports
March 30, 2023
PointsBet and University of Colorado Exit Betting Partnership
One of the collaborations to fall through is that between PointsBet, a regulated sports betting operator, and the University of Colorado. Sports Betting Promotions on School Grounds No More The alliance had to be stopped short in light of the American Gaming Association’s (AGA) update to its Responsible Marketing Code for Sports Wagering which will […]
Casino
March 29, 2023
$500K Heist at Monarch Casino in Colorado, Investigation Ongoing
Monarch Casino Spa – Black Hawk in Colorado became the scene of the largest casino heist in the state on March 12 after a cage cashier drove off with $500,000. Cashier Believed She Was Following Orders An inside job or a casino personnel becoming a victim of a well-executed con job – that is for […]
Industry
February 17, 2023
Colorado Regulator Head Dan Hartman Retires after a Successful Tenure
Hartman was in charge of the regulator when the Centennial State officially introduced legal sports betting in May 2020. His tenure was notable for a level-headed and pragmatic approach, focusing on dialogue with operators and responsible gaming initiatives. Hartman was generally content with the organization’s accomplishments, noting it had more or less mastered the fundamentals. […]
Sports
February 7, 2023
Colorado Seeks to Outlaw Live Greyhound Racing Betting with New Legal Move
A new legislative action was brought and passed by the House Finance Committee in the Centennial State on Monday. Should the measure succeed, Colorado will become the latest to end betting on a sport that many see as cruel. While there are only two active racetracks left, both owned by Delaware North, which is a […]
Esports
January 19, 2023
SIS Brings Esports Products to Colorado, Second Entry in US
The company has launched its dedicated esports Competitive Gaming product in Colorado, a second jurisdiction in the United States so far. SIS Expands Esports Betting Reach in the US with Colorado The solution is brought forward with a local and long-term partner bet365 which will leverage it to provide players with an even better variety […]
Sports
January 5, 2023
Colorado: Total Sports Betting Handle Rose 4.9% In November 2022
That is the fourth handle that exceeds $500 million in Colorado in 31 months of legal sports wagering. On Wednesday, the Colorado Division of Gaming reported that the said total handle signaled a 16.2% increase compared to the November 2021 handle of $475.4 million. October’s total handle amounted to $526.6 million. The division also reported […]
Casino
December 8, 2022
RCI Unveils Plans for Casino Location in Colorado
The leading entertainment and gambling operator, RCI Hospitality Holdings, announced its plans to expand into the regulated gambling market in Colorado. RCI Plans to Establish New Gaming Location in Central City On Wednesday, the company revealed it completed the acquisition of a four-story, 30,000-square-foot building located at the heart of Central City in Colorado. The […]
Industry
December 5, 2022
October 2022, the Second-Highest Month of Total Wagers for Colorado
The Colorado Department of Revenue’s Division of Gaming, which is responsible for overseeing the honesty and integrity of the gaming industry in the state, has released its sports betting numbers for October. The regulator that aims to become the trusted partner to all Coloradans looking to easily navigate and thrive in the complex industry has […]
Industry
November 3, 2022
Colorado Records Betting Handle of Over $450M in September
Player spending on sports betting in Colorado has gone up 10.3% on a year-on-year basis. The monthly handle reached $450.2 million in September 2022 compared to $408.3 million in September 2021. By comparison, Colorado’s accepted wagers reached $290.1 million in August 2022. Online bettors also wagered $445.6 million this September, while retail sportsbooks recorded $4.6 […]
