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Colorado Passes Law That Limits Deductions By Sports Betting Operators

May 24, 2022 | By: Dan Holmes

In an attempt to gain more tax revenue from sports betting, the Colorado State House and Senate have passed legislation that is expected to be signed soon by Gov. Jared Polis. Under the law, Colorado sportsbook operators will no longer be able to deduct many of the promotional and marketing expenses from their revenue. The move […]

Avalanche Betting Odds: Colorado Big Favorites Over St. Louis Blues

May 16, 2022 | By: Dan Holmes

The Colorado Avalanche are prohibitive favorites in their matchup against the St. Louis Blues in the second round of the Stanley Cup Playoffs. The Avalanche lead the Western Conference semifinal series 3-1 following a 6-3 win at St. Louis on Monday night that was highlighted by Nazem Kadri’s hat trick. The Avalanche have the shortest […]

BetMGM Colorado Bonus Code Lands $1,000 For Avalanche Playoffs

May 10, 2022 | By: Dan Holmes

The Colorado Avalanche are the prevailing choice by experts to win the Stanley Cup, but as the poem goes, “The best-laid schemes of mice and men” can go astray. That’s to say that the NHL Playoffs can be unpredictable — just like sports betting. But the BetMGM Colorado Bonus Code SHARP takes the risk out […]

Colorado Responsible Gaming Could Receive Boost In Funding

May 2, 2022 | By: Dan Holmes

A lawmaker who championed the introduction of legal sports betting in Colorado has introduced a bill that would shift more money to fund problem gambling in the state. House Bill 1402 passed out of committee last week with the support of House Speaker Alex Garnett. If passed by the state legislature, the measure would allocate […]

Denver Broncos NFL Draft Prop Bets

April 22, 2022 | By: Dan Holmes

The annual NFL Draft will commence on Thursday, April 28, in Las Vegas. If the location makes you more likely to bet on this event, so be it: There are many good prop bets on Colorado Sports betting apps available for the three-day talent acquisition. The Denver Broncos will not have a first-round selection in […]

Rockies’ Charlie Blackmon Becomes First MLB Player With Sportsbook Deal

April 20, 2022 | By: Dan Holmes

Colorado Rockies outfielder Charlie Blackmon has signed a deal to be an ambassador for MaximBet Sportsbook, making him the first active Major League Baseball player to enter into a partnership with a sportsbook. The recent collective bargaining agreement between MLB and the MLB Players Association allows players to enter into deals with sportsbooks within certain […]

All-Time Colorado Sports Betting Handle Tops $6 Billion

April 5, 2022 | By: Dan Holmes

Colorado has passed a significant marker in sports betting by topping $6 billion in total handle since the launch of the industry in May 2020. In February 2022, the state recorded a handle of $440.5 million for sports betting, and in the last 12 months dating back to February 2021, sports betting in Colorado has […]

Colorado Sports Betting Suspends Wagering on Russian Sporting Events

March 7, 2022 | By: Dan Holmes

The State of Colorado has suspended all betting on Russian sporting events effective immediately, a move designed to impact revenue associated with that country after its invasion of Ukraine. The ban also extends to Belarus, which aided Russia in the aggression that began on Feb. 24. In a statement released over the weekend, the Colorado […]

Colorado Sports Betting Handle Shatters Record In January

March 2, 2022 | By: Dan Holmes

Sports bettors in Colorado placed more than half a billion dollars in wagers in January, setting a record, according to data released by the Department of Revenue. The total handle in the state was reported as $573.7 million for January 2022, easily eclipsing the previous mark of $491.5 million set in October 2021. This makes […]

Colorado Sports Betting Set Revenue Records in September

November 2, 2021 | By: Dan Holmes

“As goes the Broncos, so goes gaming revenue in Colorado.” That’s what sportsbooks and state officials might be saying as Colorado once again broke a record in September with more than $400 million in sports wagers. That tremendous activity led to $483,048 in taxes to the state. The gross gaming revenue (GGR) for September was […]