All About Colorado Sports Betting Handle And Revenue

By Christopher Boan

@cgboan

October 7, 2025 12:42pm

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, August vs. July

The return of the football season (both college and NFL) provided a major shot in the arm for Colorado sports betting regulators and operators alike in August.

The total sports betting handle, or amount wagered, was $417,226,850 for the month, up 18.4% from July ($352,309,841), according to figures that the Colorado Department of Revenue reported on Oct. 7. The Centennial State’s mobile sports betting handle was $414,702,636, up 18.3% from July ($350,627,590).

That surge in handle was topped by Colorado’s total net sports betting proceeds (revenue) increase. Colorado sportsbook operators took in $38,681,673 in August, a 37.7% spike from July’s $28,084,134. Mobile sports betting net proceeds hit $38,240,273 for the eighth month of the year, a 36.3% rise from $28,054,772 in July.

Because of that spike, the amount of taxes derived from sports betting jumped 36.4%, from $2,715,532 the previous month to $3,705,170 in August. Mobile apps chipped in $3,665,745 in taxes during August, 35.2% better than July ($2,711,285).

August’s top five sports by handle were baseball ($103,125,125), basketball ($51,824,258), tennis ($37,893,654), pro football ($29,006,673) and soccer ($28,297,478). Those pro football totals were from preseason action so expect that figure to soar in September along with college football betting, which accounted for $20,536,673 in wagers for an abbreviated August slate of games.

Finally, Colorado’s online betting total was $414,702,636, while retail wagering chipped in $2,524,214, meaning 99.4% of betting was done online during the eighth month of the calendar year in the Rocky Mountain State this year.

Colorado Mobile Sports Betting History