LAKEWOOD - January 8, 2026 – Sports betting continues to grow as Coloradans bet 7.2% more in November 2025 than in November 2024, with a total handle of $694,612,535.33.
Additionally, monthly data from the Colorado Division of Gaming has the total wagers for the fiscal-year-to-date at $2,753,457,043.92, a 9.92% increase over the same period last year.
This growth fueled a 13.41% increase in taxes collected in November, netting the $4,489,427.08 for vital state programs like water conservation and responsible gaming initiatives. During the current fiscal-year-to-date, sports bettors have contributed $18,904,561.40, a 24.41% increase compared to the same period in 2024. Full figures are available online or in the tables at the end of this news release.
"The ongoing increase in the amount wagered and the taxes we collect really shows how well Colorado's regulated sports betting market is working," Gaming Director Christopher Schroder said. "What's most important is that the big jump in tax money this year means we can directly pour more funds into essential water conservation and infrastructure projects across the state."
SPORTS BETTING FUNDS WATER PROJECTS ACROSS COLORADO
Sports betting revenue directly supports Colorado’s Water Plan Grant program, which funds critical water projects and advances the goals of the Colorado Water Plan. The Water Grant Program provides funding to efforts like the Gunnison Water Supply Project, which is helping City of Gunnison plans to upgrade its water infrastructure to increase its water system’s resilience to climate change impacts, such as wildfires and drought. These upgrades are critical to mitigate threats to decreasing water levels and adapt by diversifying water sources.
The impact of the Water Plan Grant program can be explored on Colorado Water Conservation Board’s newly released Water Funding Explorer at engagecwcb.org/water-funding-explorer.
Photo Credit: City of Gunnison
Gunnison is home to the Gunnison Water Supply Project, which is upgrading the city's water infrastructure to increase its resilience to climate change impacts like drought and wildfires, thanks to funding from sports betting via the Colorado Water Plan Grant Program.
Need help?
If you or someone you know is struggling with problem gambling, there are many resources available to help, please visit BetSmart.Colorado.gov. Gambling problem? Call or text 1-800-GAMBLER.
Sports betting figures for November
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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.