The Colorado Division of Gaming reported sports wagering handle of $417.8 million for the month of April on Friday, lifting its all-time handle to $12.1 billion in concluding its third full year of legal betting.
The Centennial State ranks sixth nationally for post-PASPA handle, just ahead of Indiana while trailing New Jersey, Nevada, New York, Illinois, and Pennsylvania. Colorado launched sports wagering during the early part of the COVID-19 pandemic in May 2020, but the state is a notable force in the western region with Nevada and Arizona.
April’s handle represented a 6.5% increase from the same month last year, but it was also 15.5% lower compared to March. Operators had a solid month with an 8.4% hold, nearly 2.7 percentage points higher than April 2022 as gross revenue surged 55.7% to $35.1 million.
