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Coloradans continue to up the ante on their sports bets. So why did tax revenues plummet?

The state’s fledgling industry will experience some volatility, experts say, as the deluge of new operators entice customers with virtually risk-free, and non-taxable, bets

Business

University of Colorado signs sponsorship deal with sports betting operator

The five-year corporate sponsorship with PointsBet was negotiated by Learfield IMG College

News

Table tennis got the lion’s share of Colorado’s first $25 million in sports betting wagers

Sports wagering is supposed to pump money into Colorado’s Water Plan, but the pandemic is tossing more uncertainty into the bet lawmakers made

News

Sports betting won’t generate any money for Colorado’s water needs in first year, new analysis says

The Colorado Gaming Division only expects sports betting, which begins in Colorado in May, to generate between $1.5 million and $1.7 million in tax revenue in the 2020-21 fiscal year, which begins on July 1

Environment