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, November vs. October
| Total handle | Mobile handle | Revenue |
November | $694.613M | $691.136M | $43.923M |
October | $680.540M | $676.415M | $47.488M |
Change | Up 2.0% | Up 2.2% | Down 7.5% |
The penultimate month of 2025 delivered mixed results for Colorado sports betting operators.
The total statewide sports betting handle for November was $694,612,535, up 2.0% from October’s total of $680,540,113, according to data that the Colorado Department of Revenue submitted on Dec. 8.
However, the revenue (or net sports betting proceeds, according to Colorado’s terminology) decreased 7.5% in a month-over-month comparison, from a record $47,487,558 in October to $43,922,980 in November.
Of that total handle, $691,136,496 came from mobile sports betting in the Centennial State, up 2.2% from October ($676,414,095). But the sports betting net proceeds (revenue) from online operators fell 7.7%, with November’s figure at $43,719,758, short of October’s record $47,371,831 in NSBP.
That dip in sports betting revenue was reflected in Colorado’s taxes derived from sports betting in November. The state collected $4,489,427, down 5.7% from a record $4,758,358 in the previous month. Mobile sports betting taxes hit $4,478,816, a 5.6% dip from October ($4,746,205).
November’s top five sports by handle were professional football ($178,016,522), pro basketball ($137,913,746), NCAA football ($38,274,888), NCAA basketball ($30,471,953) and table tennis ($26,793,985).
The retail handle statewide for the 11th month of 2025 was $3,476,039, meaning 99.5% of betting was online during November.
Colorado Mobile Sports Betting History
Colorado Sports Betting Handle and Revenue FAQs
Colorado bettors wagered nearly $6.19 billion on sporting events in 2024. The total handle increased 11.3% from 2023, when the state’s sports betting operators took $5.56 billion in wagers. The revenue rose 24.4% in a year-over-year comparison, up to $325 million in 2024, 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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