Centennial State bettors love betting ping pong as April’s $13.9 million handle for the sport brings table tennis wagering closer to half a billion.
Centennial State bettors also love betting the ping pong action as April’s $13.9 million handle for the sport brings the table tennis wagering total closer to half a billion.show $445.9 million was wagered across Colorado online sports betting sites in May, while retail sportsbooks only captured $1.58 million in monthly handle.
Overall, Colorado sportsbooks collected a $447.6 million handle, representing a 16.2% year-over-year increase from May 2023 but a month-over-month decrease from Parlays are notorious profit centers for operators, and Colorado sportsbooks enjoyed a whopping 22.5% hold on these multi-leg bets. This helped spur a 43.3% month-over-month spike in gross gaming revenue for sportsbooks in Colorado despite the handle declining month over month.The Denver Nuggets were trying to repeat as NBA champions this spring, but got ousted by the Minnesota Timberwolves in the second round. Basketball betting in Colorado hauled in $147.
The Colorado Avalanche also exited in the second round of the NHL playoffs, with $24.2 million in hockey betting action in May.
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