Nel marzo, il mercato delle scommesse sportive del Colorado ha registrato un totale di scommesse di 500 milioni di dollari, il secondo più alto numero mensile della storia.

Nel marzo, il mercato delle scommesse sportive del Colorado ha registrato un totale di scommesse di 500 milioni di dollari, il secondo più alto numero mensile della storia.

Colorado's Sports Betting Soars: Breaking Records with March Wagering

In an unprecedented surge, sports betting handle in Colorado reached a staggering $505.1 million in March, surpassing the previous record of $573.7 million set in January. This explosive growth was mainly driven by men's college basketball betting, according to data released by the state's Department of Revenue.

March's figure represents a 14.8% increase from February's handle of $440.5 million and a whopping 68% increase compared to March 2021's handle of $301 million. The signature event of college basketball - the NCAA Tournament - proved to be a significant attraction, with college basketball handle for the entire month totaling approximately $97 million. This figure signifies a 36.6% increase versus the $71 million wagered in 2021, marking the debut of March Madness betting in Colorado.

Operators reported $28.2 million in gross revenue for March, representing a 44% increase from February, as the 5.6% hold was more than one full percentage point higher than the previous month. Operators reported promotional credits totaling just under $15.2 million in March, marking a 26.7% decrease compared to February. The adjusted revenue total eligible for taxation was slightly more than $13 million, with the state collecting more than $1.3 million in receipts for March.

With handle for the first three months of 2022 totaling over $1.5 billion, gross revenue has jumped by 52.9% to $82.5 million. However, promotional credits have grown at an even faster pace by 87.4% to nearly $58.9 million. As a result, the state has collected close to $3.1 million in taxes in 2022, nearly $500,000 more than in the first three months of last year.

The Big Three: NBA, Nuggets, and Parlays

Although the Nuggets' playoff run could end soon, NBA wagering remained a hot topic in Colorado. March marked an all-time record for any sport in the state with $218.4 million in pro basketball handle, representing a 40.3% increase compared to February's handle. Despite the spike in wagers, operator revenue from pro basketball dropped 13.2% to nearly $5.8 million, with the win rate a meager 2.6%.

College basketball betting showed a year-over-year increase in handle but lagged behind in terms of revenue. The year-over-year revenue ticked up by 8.2% to more than $4.7 million. Pro hockey wagering could pick up without the Nuggets as the Avalanche clinched the No. 1 seed for the upcoming Stanley Cup playoffs. Pro hockey handle has averaged nearly $25 million over the past three months, with a record $26 million bet in March and operators claiming more than $1.6 million in revenue.

Parlays Dominate Revenue Charts

Parlays accounted for over one-third of operator gross revenue at approximately $9.9 million from a total of $99.7 million wagered, with the 9.9% hold marking the second consecutive month bettors kept the win rate in single digits. In 2022, operators have claimed $29.8 million in revenue from $269 million worth of parlay wagers, but the resulting 11.1% hold is well off the all-time high of 14.1%.

Tennis ($1.8 million) and soccer ($1.4 million) were the other sports to surpass $1 million in revenue for March, with the catch-all "other" category coming close with nearly $920,000. One notable area of wagering in Colorado, table tennis, showed a significant decline due to the war in Ukraine, as many operators have removed Russian and Belarusian events from the betting boards. As a result, table tennis handle in March plummeted to $1.3 million, marking the lowest amount since the state began accepting wagers. The $88,619 in revenue represented the smallest monthly total for operators, marking the first time it fell below six figures.

In 2022, Colorado's sports betting market has continued its rapid growth, with estimated annual handle, gross revenue, and tax revenue of $5.18 billion, $351.95 million, and $19.63 million, respectively. The state's expanding sports betting market features key sports like college basketball and the NBA, contributing to millions in revenue and tax income for the state.

1. L'aumento della gestione delle scommesse sportive in Colorado è stato straordinario, raggiungendo 505,1 milioni di dollari a marzo.
2. Il precedente record di 573,7 milioni di dollari era stato stabilito a gennaio, ma marzo lo ha superato.
3. L'aumento è stato principalmente guidato dalle scommesse sul basket maschile universitario, secondo il Dipartimento delle entrate dello stato.
4. La gestione di marzo ha registrato un aumento del 14,8% rispetto alla gestione di febbraio di 440,5 milioni di dollari.
5. Rispetto a marzo 2021, l'aumento è stato del 68%, con una gestione di soli 301 milioni di dollari.
6. Il torneo NCAA è stato un'attrattiva significativa, con la gestione del basket universitario per l'intero mese che si è attestata a circa 97 milioni di dollari.
7. Si tratta di un aumento del 36,6% rispetto ai 71 milioni di dollari scommessi nel 2021, segnalando l'esordio delle scommesse su March Madness in Colorado.
8. Gli operatori hanno segnalato 28,2 milioni di dollari di ricavi lordi per marzo, con un aumento del 44% rispetto a febbraio.
9. Il tasso di detenzione del 5,6% è stato più di un punto percentuale superiore rispetto al mese precedente.
10. Gli operatori hanno segnalato crediti promozionali per un totale di poco inferiore a 15,2 milioni di dollari a marzo, con una diminuzione del 26,7% rispetto a febbraio.
11. Il totale di ricavi addebitabili per la tassazione è stato leggermente superiore a 13 milioni di dollari, con lo stato che ha incassato più di 1,3 milioni di dollari di entrate per marzo.
12. Con la gestione per i primi tre mesi del 2022 che supera 1,5 miliardi di dollari, i ricavi lordi sono aumentati del 52,9% a 82,5 milioni di dollari.
13. Tuttavia, i crediti promozionali sono cresciuti a un ritmo ancora più rapido, del 87,4% a quasi 58,9 milioni di dollari.
14. Di conseguenza, lo stato ha incassato quasi 3,1 milioni di dollari di tasse nel 2022, quasi 500.000 dollari in più rispetto ai primi tre mesi dell'anno scorso.
15. Anche se la corsa ai playoff dei Nuggets potrebbe finire presto, le scommesse NBA sono rimaste un argomento caldo in Colorado.
16. Marzo ha segnato un record storico per qualsiasi sport nello stato con 218,4 milioni di dollari di gestione del basket professionistico.
17. despite the spike in bets, operator revenue from pro basketball dropped 13,2% to nearly $5,8 million.
18. Pro hockey wagering could pick up without the Nuggets as the Avalanche clinched the No. 1 seed for the upcoming Stanley Cup playoffs.
19. Pro hockey handle has averaged nearly $25 million over the past three months.
20. A record $26 million was bet in March and operators claimed more than $1,6 million in revenue.
21. Parlays accounted for over one-third of operator gross revenue at approximately $9,9 million.
22. This was from a total of $99,7 million wagered, with the 9,9% hold marking the second consecutive month bettors kept the win rate in single digits.
23. Tennis ($1,8 million) and soccer ($1,4 million) were the other sports to surpass $1 million in revenue for March.
24. The catch-all "other" category came close with nearly $920,000.
25. One notable area of wagering in Colorado, table tennis, showed a significant decline due to the war in Ukraine.
26. As a result, table tennis handle in March plummeted to $1,3 million.
27. The $88,619 in revenue represented the smallest monthly total for operators, marking the first time it fell below six figures.

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