Colorado: Total Sports Betting Handle Rose 4.9% In November 2022

Summarized by: Live Sports Direct
 
Colorado: Total Sports Betting Handle Rose 4.9% In November 2022

The November handle in Colorado exceeded $500 million. October's handle was $526.6 million, while the October tax revenue was almost $1.98 million and the monthly tax total for November 2022 is 30.4% higher than the taxes collected for the same month in 2021.

Basketball is the top sport in November with $142.2 million in bets. The NFL is second with $135.3 million, followed by the NCAA football with$48.1 million and NCAA basketball with £39 million. Hockey is sixth with only $19.4 million of bets, while parlay bets are the leading earner for Colorado's online and retail sportsbooks.