Retail sports betting operators in the state include Penn National Gaming’s Ameristar Black Hawk, BetWildwood, the Golden Mardi Gras Casino, Monarch Casino Black Hawk, and the Saratoga Casino. The Golden Mardi Gras is owned by Twin River Worldwide Holdings (TRWH) and the sportsbook there is managed by DraftKings.<\/p>\n
\n
Colorado’s online sports wagering market, which is expected to drive growth there, is attracting a Who’s Who of sportsbook operators. Currently, nine companies have licenses to offer online and mobile wagering in the state, according to the Colorado Limited Gaming Control Commission (CLGCC).<\/p>\n<\/div>\n
Those names include BetMGM, BetRivers, the online sports betting brand of Rush Street Interactive, Circa Sports, DraftKings, and FanDuel.<\/strong><\/p>\nMore operators, internet- and land-based, recently entered the market, which should lead to an increase in wagers in the months ahead, notes the Department of Revenue.<\/p>\n
Calendar Favors Colorado<\/h2>\n
As was the case in May, table tennis was the most wagered-on sport in the Centennial State last month, accounting for $9.14 million of the handle. Soccer and golf followed.<\/p>\n
Table tennis is an obscure sport, and in a normal climate, golf and soccer usually aren’t top choices among most US bettors. But the coronavirus pandemic forced eager bettors’ hands. Things are opening up, and that could be to the benefit of Colorado operators and the state’s tax collection efforts.<\/strong><\/p>\nMajor League Baseball (MLB) is back, and the NBA, where the Denver Nuggets are contenders in the Western Conference, resumes play Thursday.<\/p>\n
The NHL restarts play in early August. That could be a spark for Colorado sports betting, because the Avalanche is considered a legitimate threat to make a deep playoff run and potentially hoist the Stanley Cup.<\/p>\n","protected":false},"excerpt":{"rendered":"
In its second month as a live and legal sports wagering state, Colorado posted a handle of $38.13 million, stoking optimism about the trajectory of sports betting in one of the most recent states to join the fray. Last November, Colorado voters, by a slight margin, approved Proposition DD, allowing legitimate sports wagering in the […]<\/p>\n","protected":false},"author":46,"featured_media":143204,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[16,1074],"tags":[],"acf":[],"yoast_head":"\n
Colorado Sports Betting Took off in June Despite Limited Offerings<\/title>\n\n\n\n\n\n\n\n\n\n\n\n\n\t\n\t\n\t\n\n\n\n\n\n\t\n\t\n\t\n