Colorado Sportsbooks Capture $716.4 Million In December Handle

Much like the baseballs that soar out of Coors Field with relative ease, Colorado sports bettors smashed the state’s handle (total amount bet) into the data stratosphere in December, passing $700 million for the first time and breaking the record they set in November.

December handle beats November by more than $100 million

The latest data from the Colorado Division of Gaming revealed that the state’s sportsbooks captured $716.4 million in handle in December, up nearly $104 over November’s previous record of $608.5 million.

Parlays captured the biggest share of bets with $204.2 million, followed by pro football ($193.1 million) and pro basketball ($171.4 million).

Sport/Bet Type	Handle	Revenue Share
Parlays/combo bets	$204,179,675	28.5%
Pro football	$193,057,544	26.9%
Basketball	$171,360,269	23.9%
NCAA football	$45,848,558	6.4%
NCAA basketball	$29,775,929	4.2%
Other	$18,667,869	2.6%
Ice hockey	$15,249,280	2.1%
Soccer	$13,947,858	1.9%
Tennis	$11,969,495	1.7%
Table tennis	$8,765,646	1.2%
MMA	$2,872,305	0.4%
Boxing	$735,841	0.1%
Total	$716,430,270	N/A

The main drivers of December’s record-breaking handle were parlays, which shot up by nearly $70 million, and pro football bets, which rose nearly $42 million from $151.2 million to $193.1 million.

Overall, Colorado sports betting handle rose 17.7% over November and more than 38% compared to December 2022. Total fiscal year wagers were up in December, too, rising 14.8% over the same period the year before.

Revenue from Colorado’s three cities with retail and mobile sports betting more than doubled, too, soaring from $14 million in November to $25.1 million in December: