Colorado latest to top $600 million in monthly sports wagering handle

Wednesday, January 3, 2024 8:23 PM
Photo: Shutterstock
  • Chris Altruda, Sports Handle

The Colorado Division of Gaming reported an all-time monthly high of $608.5 million in sports wagering handle for November on Friday, but a strong effort by the betting public in parlay betting helped send operators to a sub-5% hold for the second time in 2023.

Colorado became the 10th state to post at least one monthly handle of $600 million, with Virginia having also accomplished the feat for the first time in November. The previous record for monthly wagers in Colorado was $573.7 million in January 2022, and it was the ninth time operators accepted more than $500 million worth of wagers in 43 months of betting.