Revenue was significantly higher than the $5.2m posted in July last year, but down 20.3% from $19.7m in June of this year.
Online accounted for $15.4m of sports betting revenue for the month while the remaining revenue – $243,245 – came from retail sportsbooks across the state.
Turning to handle and players wagered a total of $181.3m on sports in July, up 206.3% from $59.2m in July 2020 but down 21.1% from $229.8m in June this year and the lowest monthly amount in 12 months.
Consumers spent a total of $179.1m betting online during the month, as well as $2.2m at retail betting facilities.
Read the full story on iGB North America.
Original article: https://igamingbusiness.com/colorado-betting-revenue-jumps-to-15-7m-in-july-despite-handle-drop/