Colorado sets new sports betting handle record

Colorado posted record sports betting handle of US$608.5m in November, up 10.11 per cent year-on-year.

The figure also represents a 9.67 per cent jump on the October 2023 figure of $554.9m.

However, there was a 42.3 per cent decrease in sports betting taxes in November, down from $2.6m to $1.5m.

In the year to date, Colorado saw handle of $2.3bn, an 8.92 per cent increase year-on-year.