All About Colorado Sports Betting Handle And Revenue

By Christopher Boan

@cgboan

December 4, 2025 01:48pm

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, October vs. September

The 10th month of the year delivered a slew of Colorado sports betting records, though the Centennial State’s total sports betting handle came up a tad shy of the high mark.

According to figures that the Colorado Department of Revenue reported on Dec. 4, the state had its second-best handle (or amount wagered) at $680,540,113 in October.

That was an 11.8% increase from September ($608,767,705), while the mobile sports betting handle was $676,414,095, up 11.9% from September ($604,216,849).

October’s total revenue (which the state calls net sports betting proceeds) finished at $47,487,558 for October, up 44.7% from $32,817,465 in the previous month. That October total broke the state record of $45,431,065, set in January 2025.

On top of that, Colorado’s NSBP from mobile sports betting rose 45.6% in a month-over-month comparison, from $32,543,905 in September to $47,371,831 the following month. That was also ahead of the old mark of $45,350,465, also recorded in January 2025.

The tax records set in the first month of 2025 also fell in October. The total taxes derived from sports betting soared to $4,758,358, a 47.0% increase from September ($3,236,074) and breaking the mark of $4,443,574. The final state record in October was taxes from mobile sports betting, with October’s $4,746,205 surpassing the mark of $4,435,263. That was also a 47.8% spike from $3,212,081 in September.

Finally, October’s top five sports by handle were pro football ($176,125,053), basketball ($95,379,118), baseball ($41,873,915), NCAA football ($41,181,563) and tennis ($32,593,201). Colorado’s online betting accounted for 99.4% of handle in October; the retail figure was $4,126,018.

Colorado Mobile Sports Betting History