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Colorado Division of Gaming Monthly Data Indicate A 10.67% Rise in Wagers for The Current Fiscal Year
Taxes Accrued on Sports Betting Have Also Grown by 31.95% for The Current Fiscal Year
Lakewood – December 23, 2024 – The Colorado Department of Revenue, Division of Gaming unveiled the sports wagering numbers for November today, reflecting significant growth in both Fiscal Year To Date Wagers and Fiscal Year To Date Taxes.
These statistics indicate a 10.67% rise in Fiscal Year To Date Wagers, along with a 31.95% increase in Fiscal Year To Date Taxes Collected.
The comprehensive figures are presented in the table below:
| Total Handle: November 2024 | $647,951,807.02 (7.7% rise from October 2024) | Represents a 6.49% increase from the total handle for November 2023 ($608,488,266.48) |
| Total Handle: October 2024 | $601,222,030.73 | |
| Total Taxes: November 2024 | $3,958,611.17 (59.95% rise from October 2024) | Represents a 165.82% rise from November 2023 ($1,489,224.47) |
| Total Taxes: October 2024 | $2,474,940.56 | |
| Fiscal Year To Date Wagers, including November 2024 | $2,504,872,432.17 | Indicates a 10.67% rise compared to the FYTD Wagers from November 2023 ($2,263,317,142.75) |
| Taxes for the Fiscal Year To Date, including November 2024 | $15,228,526.93 | Represents a 31.95% growth from the FYTD Taxes from November 2023 ($11,541,296.57) |
Explore the October 2024 Sports Betting Monthly Proceeds report on the Division of Gaming’s webpage at https://SBG.Colorado.gov/sports-betting-monthly-proceeds-reports.
If you or an acquaintance is facing difficulties with gambling issues, numerous resources are accessible for assistance. Visit Gambling problem? Call or text 1-800-GAMBLER.
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The Colorado Department of Revenue’s Division of Gaming guarantees transparency and fairness in the Colorado gaming sector. The Colorado Department of Revenue aims to be a reliable partner for every Coloradan, assisting them in navigating the complexities of government to promote their success.
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