There was a lot of anticipation surrounding the inaugural Super Bowl in the Colorado sports betting market.
Despite there being a game, most bettors and fans in Colorado were not particularly thrilled to watch it.
The remaining question was how much the gaming number would rise.
Now we are aware.
On Tuesday morning, PlayinСolorado received the Super Bowl 55 betting handle from the Colorado Division of Gaming (DOG).
Colorado residents wagered $31.22 million on the game between the Kansas City Chiefs and the Tampa Bay Buccaneers, which took place on Sunday.
Out of the total, 16.9 million dollars were wagered on game-days, while 14.3 million dollars were placed in futures bets.
When compared to the figures in other states, that is a relatively small low.
- Nevada$ 136. 1 million
- New Jersey received a funding of $117.4 million.
- Illinois has $42.8 million.
Nevertheless, upon examining the monthly betting handles in those particular states, it becomes evident that the Super Bowl handle aligns closely with those figures.
PlayinСolorado has been notified that the providers report and pay taxes on a monthly basis. If you are curious about the amount of tax the state will impose on the $31.2 million, please note that these figures will not be accessible to the DOG until March 15, as it is the state’s obligation to provide them by that date.
It’s intriguing to observe the gradual increase in numbers following the conclusion of the first one.
COVID-19 cannot be overlooked when discussing the introduction of sports betting around, as it has been a significant factor in the conversation even nine months later.
Colorado Super Bowl gambling in the future
It is intriguing to contemplate how the Super Bowl handle may evolve once the nation regains its normalcy.
When the app was launched here, Jay Kornegay, executive vice president of operations at the Westgate SuperBook, expressed to PlayinColorado.
I believe there is a possibility for Nevada’s output to more than double over time. When considering the total population of the states, I estimate that Colorado has approximately 6 million residents, while Nevada has 2 million. Despite Colorado’s significant tourist population, I also see the potential for Colorado to become one of the top five states in the long run as people discover the enjoyment and interest in sports betting. I believe this transformation is currently taking place.
Colorado’s Super Bowl gambling in the future should also consider the impact of additional bookmakers entering the market.
Specifically, the app Barstool is anticipated to have a significant influence once it is launched.
Expect Barstool to launch within the coming month or so.
The upcoming schedule includes Colorado’s second Super Bowl for sports betting activities.
There’s no doubt that it was a success.
