Ping pong’s reign continues as Colorado fans wagered $38.1 million on sports in June – Colorado Hometown Weekly

Colorado’s sports activities betting business noticed marked development in June, regardless of the shortage of most main league sports activities.

Followers within the Centennial State wagered more than $38.1 million between digital and retail sportsbooks, a rise of 49% over Could, the primary month betting grew to become authorized, in response to the Division of Gaming. The state collected about $217,023 in sports activities betting taxes in June.

Ping pong was the top grossing sports for the second month in a row, raking in additional than $9.1 million in wagers, adopted by soccer ($four.1 million), golf ($three.four million), MMA combating ($2.2 million) and tennis ($1.three million).

Analysts like Max Bichsel, vice chairman of U.S. enterprise for Group, say fan enthusiasm is promising given the shortage of mainstream sports activities.

“Whereas table tennis was essentially the most wager on sport for the second consecutive month in Colorado, anticipate baseball and basketball to start to surge with the return of MLB and NBA, assuming video games can proceed into the summer time,” Bichel mentioned.

In-person sports activities betting might also achieve momentum as casinos and their respective sportsbooks be a part of the scene. In mid-June, casinos were permitted to reopen following an prolonged closure induced by the coronavirus pandemic.

Source link