Click the link to read the article on The Lines website (Chris Altruda). Here’s an excerpt:
November 9, 2026
The Colorado Department of Revenue reported $47.7 million in gross sports betting revenue for September on Friday, with operators posting a small year-over-year gain. Winnings rose 3.8% from the previous year, while the 8.7% hold was nearly 1.2 percentage points higher. That jump helped offset a 10.2% decline in handle to $546.8 million, pushing year-to-date handle down 0.6% to $4.5 billion at close. The state levied taxes on $46.4 million in adjusted gross revenue, redirecting $4.7 million to its coffers. The elimination of promotional deductions for operators has notably affected receipts collected in the new fiscal year, with the first quarter’s $12.5 million up $2.8 million from the first three months of Fiscal Year 2025-26. Colorado also became the 13th state to surpass $2.5 billion in gross operator revenue in the post-PASPA era with September’s total.
