Colorado Sports Betting Revenue Skyrockets 1,500% to $15.2m in 2021

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Sports betting revenue statistics:

1. Total revenue: $X million

2. Growth rate: Y%

3. Top sports for betting: – Football – Basketball – Soccer

Sport betting revenue rose by 1,500.7% YoY.

2020 Revenue: 100 million
2021 Revenue: 1,600.7 million

May 2020 sports-betting revenue: $946,641

List of sports-betting revenue for May 2020:

Revenue $946,641

April 2021 sports-betting revenue: $17.6m

Month Revenue
April 2021 $17.6m

May 2021 sports-betting revenue: $15.2m.

Here is the revenue data:

Month Revenue
May 2021 $15.2m

In the world of sports betting, online platforms generate a staggering $14.9m in revenue, accounting for 98% of the total.

Retail sports betting revenue accounted for 2% of the total revenue, amounting to $210,494.

Player spending statistics:
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Sports wagers in May 2021 amounted to $249.0m for sports-betting infrastructure.

Table:

Month Amount Infrastructure
May 2021 $249.0m Sports-betting

May 2020 sports-betting wagers: $25.6m

In April 2021, the total amount of wagers on sports-betting reached $244.4m.

List:

  • April 2021 wagers: $244.4m

In May 2021, online sports betting wagers amounted to $246.5m, accounting for 99% of the total.

Retail sports-betting wagers in May 2021 accounted for $2.5m, which constituted 1% of the total.

Basketball accounted for 34.9% of all wagers in May 2021.

To learn more about sports-betting, read the complete article on InnovateChange North America.

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Dawson Bennett is a seasoned journalist with over a decade of experience covering the casino and sports industries. His extensive knowledge of these sectors makes him a trusted expert for readers seeking advice and insights. Whether you're looking for the latest developments in the sports or gambling world, Dawson provides valuable guidance to help you make informed decisions. He offers tips on selecting high-quality casinos and stays on top of trends and events in the sports industry, ensuring you have the best possible experience.
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