All About Colorado Sports Betting Handle And Revenue
The experts at BetColorado.com have developed this guide to help you better understand the terms used when discussing Colorado sports betting revenue and handle. The state releases those figures on a monthly basis.
Colorado voters approved a constitutional amendment legalizing sports betting in November 2019. It allows for both in-person wagering at a brick-and-mortar sportsbook in a casino, or for wagering through a mobile app or an online site.
Though it’s not one of the more populous states that has legalized sports betting, Colorado offers one of the widest selections of online sports betting apps and websites in the country. Currently, 24 Colorado sports betting apps are licensed in the state.
Colorado sports betting, January vs. December
| Total handle | Mobile handle | Revenue |
January | $630.221M | $626.433M | $50.108M |
December | $618.386M | $614.840M | $46.686M |
Change | Up 1.9% | Up 1.9% | Up 7.3% |
The opening month of the year delivered solid results for operators and regulators in Colorado. The state’s sportsbook operators combined for a 1.9% increase in total and mobile wagering handle, and the January proceeds and taxes rose more sharply, according to figures that the Colorado Department of Revenue posted on March 10.
Overall, January’s total sports betting handle in Colorado was $630,221,223, up 1.9% from December ($618,385,974). With 99.4% of wagers placed online, the Centennial State’s mobile sports betting handle was $626,433,297 to start 2026, a 1.9% increase from $614,839,560 in December.
Colorado’s net sports betting proceeds (or revenue) totaled $50,108,440 to start the year, a 7.3% rise from $46,685,591 in the previous month. Mobile sports betting net proceeds hit $49,929,826 in January, which was 8.2% higher than the $46,139,810 figure in December.
As for taxes derived from sports betting, the state collected 8.4% more in a month-over-month comparison, from December’s $4,631,754 to $5,022,182 in January (mobile and retail combined). Of that January total, $5,001,155 came from online sports wagering.
January’s top five sports in handle were: Pro basketball ($164,744,320), pro football ($119,763,443), college basketball ($36,864,216), table tennis ($34,651,511) and tennis ($29,735,025). The state’s retail handle was $3,787,926.
Colorado Mobile Sports Betting History
Colorado Sports Betting Handle and Revenue FAQs
Colorado bettors wagered more than $6.519 billion on sporting events in 2025. The total handle increased 5.4% from 2024, when the state’s sports betting operators took nearly $6.19 billion in wagers. The revenue rose 36.2% in a year-over-year comparison, up to $442.8 million in 2025, for operators offering Colorado sportsbook promotions.
References
Author
Christopher Boan has been covering sports and sports betting for more than seven years, including stops at ArizonaSports.com, the Tucson Weekly and the Green Valley News.
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