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SportsTranscript
00:00 (upbeat music)
00:03 - From the East Coast to the mile high state of Colorado,
00:08 incredible numbers coming in there as well.
00:10 I guess I'm surprised Jim,
00:11 that a billion dollars in revenue,
00:15 they become the 10th state does Colorado to eclipse that.
00:19 Probably a lot of folks did not see that coming.
00:21 - Yeah, they've kind of been, you know,
00:25 a bit up and down lately.
00:28 Overall, their handle has been trending quite well
00:31 and the sports books have done fairly well,
00:34 obviously with a billion dollars in lifetime handle
00:38 since launching there.
00:41 Like you said, to 10th state to eclipse that,
00:44 that billion dollar in lifetime revenue mark,
00:47 which is certainly a positive.
00:51 Handle was up as well in October
00:55 for the Colorado sports books, $555 million,
01:00 just about in October,
01:02 second highest handle amount ever for Colorado.
01:07 One interesting note too, that kind of stuck out to me
01:10 was college football.
01:12 As you know, Craig Deon Sanders was quite popular
01:17 throughout the summer and into September
01:20 as he led the head coaching duties
01:24 at the University of Colorado there.
01:26 And they were the talk of the town, right?
01:28 I think we saw a lot of sports books saying that,
01:33 you know, more bets were coming in on Colorado
01:35 than any other college football program to start the season.
01:40 And that seemed to level off in October
01:45 once, as we all expected, they started to lose some games
01:48 and that, you know, sort of, you know,
01:51 shiny new object, if you will,
01:53 started to dull a little bit.
01:55 So college football betting
01:57 hit an all time high in September
01:59 and it was back down to more normal levels in October.
02:04 Football, NFL football,
02:07 obviously the most popular thing there.
02:10 But as we've seen in years past, in 2022 actually,
02:15 basketball betting was far more popular
02:20 than football betting over the course
02:21 of those 12 months in Colorado.
02:24 And, you know, like we've spoken a number of times
02:27 in the past, Craig, usually that can be seen
02:30 when you have a quality local team
02:33 like they do in the Denver Nuggets
02:35 and compare that or contrast that even with
02:39 the lack of success that the Denver Broncos had
02:43 on the football side last year,
02:45 you know, might speak to that a little bit.
02:48 But, you know, we'll see how the basketball betting trends
02:51 here coming up as, you know, we kind of get into the meat
02:55 of the NBA season.
02:57 But, you know, again, Colorado solid month in October,
03:02 $555 million nearly in handle,
03:05 second highest month ever.
03:07 And we did see that college football betting
03:10 dropped back to more normal levels in October.
03:14 (upbeat music)
03:17 (bell ringing)