Colorado Sees Record Surge in Sports Betting Activity for September

Key Moments:

  • The September sports betting handle in Colorado reached $608.7 million, marking an 8% year-over-year increase and a nearly 46% jump from August 2025.
  • Online wagering generated $45.7 million in revenue, while retail sportsbooks contributed roughly $285,000.
  • Tax revenue for September stood at $3.2 million, which is 13% lower than August and 20% lower compared to the previous year.

Monthly Performance Overview

The Division of Gaming has reported strong growth in Colorado’s sports betting market for September. The total wagered amount reached $608.7 million, an 8% increase from the same month last year and almost 46% higher than August 2025. Online platforms played a dominant role, accounting for $45.7 million out of the total $46 million in gaming revenue.

Retail sportsbooks added approximately $285,000 in revenue, highlighting the leading role of digital channels in the state’s sports betting landscape.

Top Betting Categories

Football led all categories, with wagers totaling $193.4 million, overwhelmingly placed online. Parlays and combination bets followed at $166 million, while baseball betting remained steady at $73.7 million. Online bets continued to represent the vast majority of activity within each category.

Betting CategoryHandle ($ millions)
Football193.4
Parlays and Combination Bets166.0
Baseball73.7

Tax Revenue Trends

State tax revenue from sports betting in September reached $3.2 million, a figure representing a decrease of 13% from August and 20% from the same month one year ago. Despite this fluctuation, year-to-date data shows that Colorado bettors have collectively wagered $1.4 billion, which is nearly 10% higher compared to 2024. State tax collections for the fiscal year so far stand at $9.6 million, reflecting a similar percentage increase.

Official Statement

Christopher Schroder, Director of Gaming, said:

“Colorado continues to demonstrate a strong and responsible sports betting market. These figures reflect not only the public’s interest but also our ongoing commitment to using this revenue to benefit the state’s critical water initiatives. As we see these results, we also remind everyone to play responsibly.”

Long-Term Market Growth

Since legalization, sports betting in Colorado has sustained its growth trajectory. In the last fiscal year, $6.3 billion was wagered, outpacing the previous year by $287 million. This volume is over twice the handle recorded during Colorado’s inaugural full year of regulated sports betting in 2020-21.

Conclusion

Data from September underscores the ongoing expansion of Colorado’s sports betting sector, particularly through online channels. Though tax revenues have varied month to month, the broader trend continues to support state-funded initiatives.

Colorado Sees Record Surge in Sports Betting Activity for SeptemberKey Moments:     The September sports betting handle in Colorado reached $608.7 million, marking an 8% year-over-year increase and a nearly 46% jump from August 2025.   Online wagering generated $45.7 million in revenue, while retail sportsbooks contributed roughly $285,000.   Tax revenue for September stood at $3.2 million, which is 13% lower than August and 20% lower compared to the previous year.    Monthly Performance Overview The Division of Gaming has reported strong growth in Colorado’s sports betting market for September. The total wagered amount reached $608.7 million, an 8% increase from the same month last year and almost 46% higher than August 2025. Online platforms played a dominant role, accounting for $45.7 million out of the total $46 million in gaming revenue. Retail sportsbooks added approximately $285,000 in revenue, highlighting the leading role of digital channels in the state’s sports betting landscape.  Top Betting Categories Football led all categories, with wagers totaling $193.4 million, overwhelmingly placed online. Parlays and combination bets followed at $166 million, while baseball betting remained steady at $73.7 million. Online bets continued to represent the vast majority of activity within each category.          Betting Category     Handle ($ millions)           Football     193.4           Parlays and Combination Bets     166.0           Baseball     73.7      Tax Revenue Trends State tax revenue from sports betting in September reached $3.2 million, a figure representing a decrease of 13% from August and 20% from the same month one year ago. Despite this fluctuation, year-to-date data shows that Colorado bettors have collectively wagered $1.4 billion, which is nearly 10% higher compared to 2024. State tax collections for the fiscal year so far stand at $9.6 million, reflecting a similar percentage increase.  Official Statement Christopher Schroder, Director of Gaming, said: “Colorado continues to demonstrate a strong and responsible sports betting market. These figures reflect not only the public’s interest but also our ongoing commitment to using this revenue to benefit the state’s critical water initiatives. As we see these results, we also remind everyone to play responsibly.”  Long-Term Market Growth Since legalization, sports betting in Colorado has sustained its growth trajectory. In the last fiscal year, $6.3 billion was wagered, outpacing the previous year by $287 million. This volume is over twice the handle recorded during Colorado’s inaugural full year of regulated sports betting in 2020-21.  Conclusion Data from September underscores the ongoing expansion of Colorado’s sports betting sector, particularly through online channels. Though tax revenues have varied month to month, the broader trend continues to support state-funded initiatives.

Key Moments: The September sports betting handle in Colorado reached $608.7 million, marking an 8% year-over-year increase and a nearly 46% jump from August 2025. Online wagering generated $45.7 million in revenue, while retail sportsbooks contributed roughly $285,000. Tax revenue for September stood at $3.2 million, which is 13% lower than August and 20% lower compared to the previous year. Monthly Performance Overview The Division of Gaming has reported strong growth in Colorado’s sports betting market for September. The total wagered amount reached $608.7 million, an 8% increase from the…

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