{"id":267,"date":"2024-06-27T23:50:29","date_gmt":"2024-06-27T20:50:29","guid":{"rendered":"https:\/\/katscasinonodepositbonuscodes.icu\/2024\/06\/27\/colorado-sports-betting-brings-in-946741-34-in-first-full-month\/"},"modified":"2024-06-27T23:50:29","modified_gmt":"2024-06-27T20:50:29","slug":"colorado-sports-betting-brings-in-946741-34-in-first-full-month","status":"publish","type":"post","link":"https:\/\/katscasinonodepositbonuscodes.icu\/2024\/06\/27\/colorado-sports-betting-brings-in-946741-34-in-first-full-month\/","title":{"rendered":"Colorado Sports Betting Brings in $946,741.34 in First Full Month"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/FPCUs8VpKso\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>Colorados sports betting sector brought in $946,741.34 in income during May, marking the state&#8217;s initial complete month of authorized wagering.<\/p>\n<p>On May 1st, the day the market launched, four firms went live: DraftKings, FanDuel, Roar Digital&#8217;s betMGM, and Rush Street&#8217;s BetRivers. Monarch Casino Resort&#8217;s BetMonarch app followed on May 14th, and The Stars Group, through the Fox Bet brand, went live on May 19th. A total of six mobile sports betting companies were in operation, with bettors wagering $25.6 million, slightly exceeding the initial data of $25.5 million released by the Colorado Limited Gaming Control Commission in early June. This was despite the novel coronavirus (Covid-19) pandemic forcing the closure of the state&#8217;s physical casinos throughout the month.<\/p>\n<p>Gamblers won back $23.1 million during the month, leading to adjusted revenue of $946,741.34. From a 10.1% total revenue tax, the first month&#8217;s take was $96,537.55.<\/p>\n<p>In terms of what consumers actually placed bets on, the market was quite limited. <\/p>\n<p>The global health crisis caused by the novel coronavirus compelled the National Basketball Association (NBA) and Major League Soccer (MLS) to suspend their operations. Major League Baseball (MLB) was also forced to postpone its season, and all major European football leagues were put on indefinite hiatus.<\/p>\n<p>As a result, table tennis emerged as the most sought-after sport for wagering. In May, there were $6.6 million in wagers placed on table tennis, representing 25.7% of all bets. Mixed martial arts followed closely behind with $1.7 million (6.8%) in bets, narrowly surpassing baseball&#8217;s 6.6%.<\/p>\n<p>You can access the complete report on the iGB North America website.<\/p>\n<p>Subscribe to the iGaming newsletter. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Colorados sports betting sector brought in $946,741.34 in income during May, marking the state&#8217;s initial complete month of authorized wagering. On May 1st, the day the market launched, four firms went live: DraftKings, FanDuel, Roar Digital&#8217;s betMGM, and Rush Street&#8217;s BetRivers. Monarch Casino Resort&#8217;s BetMonarch app followed on May 14th, and The Stars Group, through [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Colorado Sports Betting Hits $946K in May<\/title>\n<meta name=\"description\" content=\"Colorado\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/katscasinonodepositbonuscodes.icu\/2024\/06\/27\/colorado-sports-betting-brings-in-946741-34-in-first-full-month\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:type\" content=\"article\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:title\" content=\"Colorado Sports Betting Brings in $946,741.34 in First Full Month\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:description\" content=\"Colorado\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:url\" content=\"https:\/\/katscasinonodepositbonuscodes.icu\/2024\/06\/27\/colorado-sports-betting-brings-in-946741-34-in-first-full-month\/\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"og:site_name\" content=\"Immerse Yourself in the Ultimate Casino Adventure | Licensed\" class=\"yoast-seo-meta-tag\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-27T20:50:29+00:00\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"author\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" class=\"yoast-seo-meta-tag\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" class=\"yoast-seo-meta-tag\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" class=\"yoast-seo-meta-tag\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/katscasinonodepositbonuscodes.icu\/2024\/06\/27\/colorado-sports-betting-brings-in-946741-34-in-first-full-month\/\",\"url\":\"https:\/\/katscasinonodepositbonuscodes.icu\/2024\/06\/27\/colorado-sports-betting-brings-in-946741-34-in-first-full-month\/\",\"name\":\"Colorado Sports Betting Hits $946K in May\",\"isPartOf\":{\"@id\":\"https:\/\/katscasinonodepositbonuscodes.icu\/#website\"},\"datePublished\":\"2024-06-27T20:50:29+00:00\",\"dateModified\":\"2024-06-27T20:50:29+00:00\",\"author\":{\"@id\":\"https:\/\/katscasinonodepositbonuscodes.icu\/#\/schema\/person\/7fe3f8540cfe191b1464d5c1c2f0a7f0\"},\"description\":\"Colorado\",\"breadcrumb\":{\"@id\":\"https:\/\/katscasinonodepositbonuscodes.icu\/2024\/06\/27\/colorado-sports-betting-brings-in-946741-34-in-first-full-month\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/katscasinonodepositbonuscodes.icu\/2024\/06\/27\/colorado-sports-betting-brings-in-946741-34-in-first-full-month\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/katscasinonodepositbonuscodes.icu\/2024\/06\/27\/colorado-sports-betting-brings-in-946741-34-in-first-full-month\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/katscasinonodepositbonuscodes.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Colorado Sports Betting Brings in $946,741.34 in First Full Month\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/katscasinonodepositbonuscodes.icu\/#website\",\"url\":\"https:\/\/katscasinonodepositbonuscodes.icu\/\",\"name\":\"Immerse Yourself in the Ultimate Casino Adventure | Licensed\",\"description\":\"Indulge in the thrill of licensed online gambling through our comprehensive news, detailed game reviews, and informative insights. 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