Colorado sports bettors still singing ping pong’s praises

Colorado’s sports bettors splashed out more wagering cash in the month of June, despite a sports calendar that continues to resemble a paper target at a shooting range.

Figures released Tuesday by the Colorado Department of Revenue’s Division of Gaming show state-licensed online and land-based sports betting operators handled wagers worth just over $38.1m in June. The state doesn’t break out separate figures for online and retail betting “for confidentiality reasons.”

June’s handle was a decent improvement from the $25.6m reported in May, the first month of the state’s legal betting market. May also featured only six active betting licensees, all of them online-only, while June also included a single retail sportsbook (hence the confidentiality reasons).

These seven licensees reported combined betting revenue of $2.17m in June, from which the state’s share came to a paltry $217k. However, that’s more than twice the $96,537.55 the state earned in May, so they’re not complaining.