In its second month of legal sports betting, Colorado established itself as a top five betting market in the U.S. Colorado reported $59.2 million in wagers in July, a 55% increase compared to June as leagues like MLB and the NBA started play.
Online sports betting accounted for 99% of Colorado’s wagers. Colorado’s mobile share was more than the 94% in New Jersey, the nation’s top betting market.
Regulations on mobile betting have played a part in betting rebounds, as Nevada’s in-person registration rule for bettors has hampered its mobile share. In July, 69% of Nevada’s $163.6 million in wagers were on mobile as the state handled less money than both New Jersey and Pennsylvania.
Nevada’s July wagers were up from June’s $78.1 million, but still down more than 30% compared to July 2019.
Top U.S. Betting Markets:
New Jersey: $315.2 million wagered in July
Pennsylvania: $164.8 million
Nevada: $163.6 million
Indiana: $70.9 million
Colorado: $59.2 million