Colorado Division of Gaming Sees Another Record Breaking Month for Sports Betting Figures


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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 Sees Another Record Breaking Month for Sports Betting Figures 

 

Lakewood - Feb. 1, 2024 - The Colorado Division of Gaming, part of the Colorado Department of Revenue (CDOR), released the monthly sports betting figures for December 2023. December figures are the highest month so far for both handle and taxes since the launch of Sports Betting in May 2020.

 

Total Handle: December 2023

$716,430,270.22 (17.74% increase from November 2023)

Represents a 38.28% increase from the total handle for December 2022 ($518,088,768.08)

Total Handle: November 2023

$608,488,266.48

 

Total Taxes: December 2023

$3,682,334.79 (147.27% increase from November 2023)

Represents a 42.52% increase from December 2022 ($2,583,711.40)

Total Taxes: November 2023

$1,489,224.47

 

Fiscal Year Wagers To Date, including December 2023

$2,979,747,412.97

Represents a 14.78% increase  from the FYTD Wagers from December 2022 ($2,596,066,931.83)

Fiscal Year Taxes To Date, including December 2023

$15,223,631.36

Represents a 13.61% increase from the FYTD Taxes from December 2022 ($13,399,745.94)

 

View the December 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.