The gross gaming revenue in August 2020 surged to over $7.5 million, defying expectations during a period when sports betting was rebounding from the Covid-19 shutdown.
In the world of sports-betting, the month of August witnessed a slight decline in revenue compared to July earlier this year. The Colorado Division of Gaming reported that the total revenue for August stood at $14.3m.
The online segment generated $15.0m in revenue for the month, compared to $230,246 contributed by retail.
In summary:
| Segment | Revenue |
|---|---|
| Online | $15.0m |
| Retail | $230,246 |
In the realm of sports-betting, the handle for August reached an impressive $211.9m, exceeding the $128.6m from the previous year.
List:
- August handle: $211.9m
- Amount wagered in the same month last year: $128.6m
In the world of sports betting, the recent figures show a significant growth in the industry. The total bet amount for the current month is $212.1m, which is 16.9% higher than the previous month’s bet of $181.3m.
This increase in betting activity highlights the growing interest and involvement of individuals in the sports-betting market.
If you’re interested in sports-betting, don’t miss out on the full story available on InnovateChange North America.
Check out the details below:
- Story: Sports-betting on InnovateChange North America
