by Michael Molter | Nov 21, 2022 1:40 pm | Legal
MaximBet shutdown just a few days after FuboTV announced their ceasing of operations. Cannibalization of sportsbooks may continue as sportsbooks struggle and customers lodge complaints. INDIANAPOLIS – Last week, MaximBet released a statement ceasing operations...
by Giovanni Shorter | May 26, 2021 11:15 am | Revenue
Colorado sports betting sees slight dips in betting activity in April. Colorado still saw more than $200 million wagered on sports. In the first year of operation, more than $2 billion dollars was bet on sports in Colorado. DENVER – The Colorado sports betting market...
by Giovanni Shorter | Dec 29, 2020 10:59 am | Revenue
Colorado saw more than $230 million wagered on sports in November. Over $18.3 million was generated in gross revenue. Colorado collected $800,000 in taxes from sports bets. DENVER – Colorado bettors have once again set the single month betting record in November as...
by Christina Monroe | Mar 20, 2020 4:04 pm | Regulatory
Colorado is expected to launch both retail and internet sports betting on May 1. This date may be pushed back due to the COVID-19 outbreak. DENVER – Anyone involved with the new Colorado sports betting market would like to see a launch date of May 1. Both regulators...
