The Colorado Department of Revenue reported $28.2 million in gross sports betting revenue for June on Monday as operators posted huge year-over-year gains.
The haul was more than triple last year’s $9.2 million, when the house got pounded paying out winning futures tickets after the Denver Nuggets claimed their first NBA title. Operators also got an unexpected revenue boost from the College World Series, where they collected nearly $1.2 million from college baseball wagers thanks to a whopping 80% hold.
Handle ticked 12.8% higher from last year to $350.4 million, which was also down 21.7% from May. All but $1.5 million of those wagers came via sports betting apps. The hold on gross revenue was 8.1%, more than five percentage points higher from last June and two points lower than May.