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Colorado Sees the Tremendous Growth in Sports Betting Profits

29 april 2022
Author: James Burton

The quantity of money invested in the sports betting market in Colorado increased by 68% in March 2022. This amount is way higher than was wagered in total in the same period of 2021.

Colorado sports betting profits increased by 68%

$ 301.0 million was funded during the spring of the former year and 14.8% more than the $ 440.5 million was bet in February of 2022. The sum of $ 500.2 was placed on web sportsbooks and $ 5.4 million wagered in land-based bookmaker’s offices.

The Most Popular Market in the Area

Internet sports betting gave players as much as $ 477.4 throughout the March of 2022.

It turns out Colorado’s most popular market became basketball, with punters wagering a total of $ 218.4 million. An impressive sum of $ 96.9 million in bets due to the annual tournaments earned the college basketball wagering.

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