Wed. Mar 22nd, 2023

(COLORADO) — The Colorado Division of Gaming launched the December 2022 sports activities betting numbers on Jan. 31. The numbers present a rise of over 100% from the fiscal 12 months 2021.

Sports activities betting taxes collected by the state in December 2022 totaled $2,583,711 which the Colorado Division of Gaming mentioned was an 0.08% improve from November 2022. In comparison with December 2021 it was a rise of 235.3%.

The Division of Gaming mentioned the fiscal 12 months taxes so far for December are $13,399,746 which it mentioned was a 115.9% improve from the fiscal 12 months 2021.

December confirmed Basketball as the highest spot for betting with $147,854,335 in whole wagers adopted by Soccer with $137,038,414 in bets.

Playing taxes and sports activities betting taxes are completely different and help completely different packages. 78% of playing taxes go in direction of monetary help and classroom instruction at Colorado neighborhood, junior and district schools, the opposite 22% goes towards the cities and counties with playing institutions to handle the impacts of gaming.

Sport betting taxes go in direction of serving to recipients of different playing tax income in case of losses as a result of legalization of sports activities betting, playing habit counseling companies, and funding water initiatives underneath the State Water Plan.

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