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, February vs. January
| Total handle | Mobile handle | Revenue |
February | $468.507M | $466.339M | $34.106M |
January | $630.221M | $626.433M | $50.108M |
Change | Down 25.6% | Down 25.6% | Down 31.9% |
February delivered forgettable returns for Colorado sports betting operators and regulators alike. That’s not unusual in a month with only one football game, even if it is the Super Bowl.
The total sports betting handle in Colorado for the second month of 2026 was $468,506,713, down 25.6% from January ($630,221,223), according to the Colorado Department of Revenue monthly report that was posted on April 2. The state’s mobile sports betting handle hit $466,338,818, down 25.6% from January ($626,433,297) in a month-over-month comparison.
February’s revenue (called total Net Sports Betting Proceeds in the report) from mobile and retail sportsbooks combined was $34,105,999, a 31.9% decrease from $50,108,440 in the previous month. Mobile NSBP fell 31.3%, from January’s $49,929,826 to $34,273,121.
Taxes derived from sports betting dropped in almost exactly the same proportion as the revenue. February’s tax bill was $3,443,360, down 31.4% from January ($5,022,182); of that, online operators contributed $3,442,842 in February.
The top five sports by handle for February were basketball ($190,494,006), tennis ($33,687,444), soccer ($25,144,503), table tennis ($25,015,009) and professional football ($21,106,891). As always, online betting dominated; 99.5% of betting came via mobile with $2,167,896 wagered at retail locations.
In a year-over-year comparison, Colorado’s sports betting handle dropped by nearly $30 million compared to February 2025, though revenue was nearly identical ($34.52 million a year earlier).
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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