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Colorado Division of Gaming released Record Breaking Sports Betting Figures for November


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Shannon Gray, Communications Supervisor, Department of Revenue

720-607-0386 (c) | shannon.gray@state.co.us 

IMMEDIATE RELEASE 

 

Colorado Division of Gaming released Record Breaking Sports Betting Figures for November

 

Lakewood - Dec. 29, 2023 - The Colorado Division of Gaming (part of the Colorado Department of Revenue (CDOR)) released record breaking monthly sports betting figures for November 2023. $608+ million is the highest amount of handle in a given month since the inception of sports betting in May 2020 as well as the first time the monthly handle has exceeded $600 million.

 

Total Handle: November 2023

$608,488,266.48 (9.67% increase from October 2023)

Represents a 10.11% increase from the total handle for November 2022 ($552,603,012.51)

Total Handle: October 2023

$554,859,801.15

 

Total Taxes: November 2023

$1,489,224.47 (55.43% decrease from October 2023)

Represents a 42.31% decrease from November 2022 ($2,581,533.48)

Total Taxes: October 2023

$3,341,138.15 

 

Fiscal Year Wagers To Date including November 2023

$2,263,317,142.75

Represents a 8.92% increase  from the FYTD Wagers from November 2022 ($2,077,978,163.75)

Fiscal Year Taxes To Date including November 2023

$11,541,296.57

Represents a 6.71% increase from the FYTD Taxes from November 2022 ($10,816,034.54)

View the November 2023 Sports Betting Monthly Proceeds report on the Division of Gaming's website at sbg.colorado.gov/sports-betting-monthly-proceeds-reports.

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The Colorado Department of Revenue’s Division of Gaming ensures honesty and integrity in the Colorado gaming industry. The Colorado Department of Revenue works to be a trusted partner to every Coloradan to help them navigate the complexities of government so they can thrive.