why operators are keen<\/a> to enter the market.<\/p>\nThe state allowed gaming companies to rapidly roll out online and mobile sports wagering platforms, and that accommodative stance is paying dividends.<\/p>\n
Last month, total gross gaming revenue (GGR) from sports betting was $17.40 million, while NBSP was $9.64 million. Of those tallies, $16.72 million and $8.97 million, respectively, were generated online. Of the $824,700 in taxes collected by the state, $757,614 was attributable to online sportsbooks<\/strong>.<\/p>\nThe Department of Revenue doesn’t break out operators by GGR or handle in the monthly data. But Caesars, Circa Sports, DraftKings, FanDuel, Monarch Casino, and Penn National Gaming are among the gaming companies with footprints in the Centennial State.<\/p>\n","protected":false},"excerpt":{"rendered":"
For the sixth consecutive month, Colorado’s sports betting handle hit all-time highs in October, and tax revenue finally went along for the ride. In the tenth month of 2020, the total amount wagered on sports online and at the Centennial State’s retail sportsbooks rose to $210.71 million from $207.65 million in September, according to data […]<\/p>\n","protected":false},"author":46,"featured_media":156983,"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 Handle, Tax Revenue Eclipse Records in October<\/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