Colorado sportsbook handle hits $25.5m in first month
Colorado’s Department of Revenue has revealed that total handle for the state’s first month of legal wagering reached $25.5m.
The unaudited figure for May has been revealed ahead of a more comprehensive breakdown of revenue for the month, expected to be released in mid-June.
All stakes were placed via mobile, with the state’s brick-and-mortar casinos closed since March 17 as a result of novel coronavirus (Covid-19). Four operators launched on May 1, the first day from which bets could be taken, with six licensees currently active.
The four that launched on May 1 – DraftKings, FanDuel, Roar Digital’s betMGM and Rush Street’s BetRivers – have since been joined by Monarch Casino Resort’s BetMonarch app, from 14 May. The Stars Group, via the Fox Bet brand, followed five days later.