Colorado sports betting volume climbs in May
The Colorado Department of Revenue reported Friday that NBA Playoff runs by the Denver Nuggets and Colorado Avalanche helped push sports betting totals slightly higher in May,
The nearly $249 million bet last month was up 1.9% from April and nearly 10 times the $25.6 million bet in May 2020, which was the first month of legal wagering in Colorado when most major sports were sidelined by the COVID-19 pandemic. Sports wagering in Colorado totaled $1.39 billion in the first five months of 2021.
In May, professional basketball was the top sport with $86.9 million in wagers, followed by professional baseball with $49.1 million and professional hockey with $15.5 million.
Basketball and hockey wagers were helped by the Nuggets and Avalanche both playing in two rounds of playoffs, according to Jessica Welman, an analyst for PlayColorado.com.
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