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PlayColorado.com: With $230 million in November, sportsbooks set record for seventh straight month
Colorado sportsbooks etched another entry into the record book, becoming the sixth state to surpass $225 million in handle in a single month even as the NBA and NHL remained dormant, according to PlayColorado.
“With five games in November, the Broncos gave a boost to sportsbooks,” said Dustin Gouker, analyst for PlayColorado.com. “Almost every legal jurisdiction in the U.S. has been growing this fall. But a common theme among them all is that a local NFL team can really make a significant difference in a month’s handle, and that is particularly true in Colorado.”
Colorado’s online and retail sportsbooks took in $231.2 million in November wagers, according to data released Tuesday by the Colorado Department of Revenue’s Division of Gaming. That was up 9.7% from the previous record of $210.7 million set in October, marking the seventh consecutive month that the state has posted a record handle.
The record wagering generated record revenue, too. Operators took in $18.4 million in gross gaming revenue, up 5.5% from $17.4 million in October. Colorado sportsbooks have now produced $58.7 million in gross revenue since launching, and $35.8 million of that has come in the last two months.
Net sports betting proceeds dipped slightly to $9 million, down from $9.6 million in October. November’s proceeds yielded $793,820 in state taxes
“The unusual circumstances that Colorado’s industry launched made for an uneven start in terms of tax revenue, but sports betting is becoming more reliable,” said Ian St. Clair, analyst for PlayColorado.com. “The industry’s growth should continue to pay dividends for the state. The timing is good, obviously, as rarely has that tax revenue been more needed.”
Again, nearly all of November’s wagers were made digitally. Online sportsbooks attracted $226.8 million, or 98.1% of the month’s handle. That is up from $206.4 million, or 98%, of October’s wagers.
The NFL was overwhelmingly the most popular bet, drawing in $88.4 million in wagers, up from $68 million in October. Spurred by the Colorado Buffaloes’ undefeated start to the season, bettors placed $22.2 million on college football, up from $16.5 million in October.
But during a month when the NBA and NHL would typically be popular bets, table tennis continued to be a significant draw, taking in $12.4 million in bets, up from $9.3 million.
“Colorado’s market in most ways follows similar patterns to what we see in other states, so if a local team like the Buffs does well, then sportsbooks do well,” St. Clair said. “The continued interest in Russian table tennis is unique to Colorado, though, and can best be explained by the fact that Colorado launched sports betting in May when traditional American sports were all shut down. That gave oxygen to certain international sports, particularly table tennis, that would have never gotten attention otherwise.”
November’s wagers will likely place Colorado sixth in the U.S., behind New Jersey, presumably Nevada (which will release November data later this month), Pennsylvania, presumably Illinois (data expected to be released in January), and No. 5 Indiana, which produced a state record $251.4 million in November.
“After surprisingly falling behind Indiana in October, Colorado managed to regain its pace,” Gouker said. “Indiana and Colorado are so similar in terms of population, makeup of the local sports landscape, and a balanced regulatory framework, that the two should remain close for the foreseeable future.”
High Roller Technologies, operator of the premium online casino brands High Roller and Fruta, announced the submission of its Internet Gaming Operator license application in Ontario, Canada, targeting the launch of its flagship brand HighRoller.com in the second half of 2025.
“The submission of our licensing application to access Ontario’s regulated online gambling market is an important milestone in our Company’s journey. Once our application is approved, we anticipate that we will have the opportunity to launch our online casino product into the market later this year,” said Ben Clemes, Chief Executive Officer at High Roller.
Ontario is one of the largest regulated online gambling markets in the world as measured by gross gaming revenue. In 2024, regulated online gambling operators within the province generated approximately $2.3B in gross gaming revenue, and growth continues to be recorded in the first half of 2025. Recently, the province of Alberta passed enabling legislation to establish a regulatory framework for online gambling. Once available, the Company also intends to pursue licensure in Alberta to expand its regulated market footprint in Canada.
“Ontario is missing an elegant brand like High Roller. We’re excited to roll out the red carpet for our new customers, and we’re looking forward to showcasing our tremendous product,” said Clemes.
The post High Roller Submits Gaming License Application in Ontario appeared first on Gaming and Gambling Industry in the Americas.
The International Association of Gaming Regulators (IAGR) has released the program for its upcoming annual conference, to be held in Toronto from 20-23 October.
With the theme ‘Resilient regulation: Exploring what works, why and what’s next’, the event brings together global regulators and thought leaders to examine how regulatory frameworks can evolve to meet today’s challenges.
The four-day program explores timely issues, including the rise of AI and behavioural analytics, the impact of converging technologies, cross-border collaboration and the continued push to strengthen responsible gambling policies.
IAGR President Ben Haden said the program offers a strong preview of the content and conversations delegates can expect in Toronto.
‘This year’s program showcases the breadth and complexity of the challenges facing gambling regulators worldwide, from protecting player wellbeing to tackling illegal markets and understanding new technologies,’ Haden said.
‘I encourage regulators, researchers and policy professionals from around the world to join us in Toronto. The conference is a space to learn, share experience, challenge assumptions and shape the future of effective, collaborative regulation.’
Confirmed speakers and panellists include:
- Andrew Rhodes, CEO, Gambling Commission, Great Britain
- Anders Dorph, Director, Danish Gambling Authority, Denmark
- Dr Karin Schnarr, CEO and Registrar, Alcohol and Gaming Commission of Ontario, Canada
- Mark Vander Linden, Director of Research and Responsible Gaming and Carrie Torrisi, Chief of Sports Wagering Division, Massachusetts Gaming Commission, United States
- Bashir Are, CEO, Lagos State Lotteries and Gaming Authority, Nigeria
- Teo Chun Ching, Chief Executive, Gambling Regulatory Authority, Singapore
- Ladipo Abiose Akolade, Founder, GamblePause Initiative Africa, Nigeria
- Rasmus Kjaergaard, CEO, Mindway AI, Denmark
- Tracy Parker, Senior Vice President, Accreditation, Advisory and Insights, Responsible Gambling Council, Canada
- Pedro Romero, Chief of Safer Gambling Partnerships, BetBlocker, Gibraltar
- Sonia Wasowska, Head of Supervision, General Commercial Gaming Regulatory Authority, United Arab Emirates
- Steven Blackburn, Partner, Ashurst Risk Advisory, Australia
The event will be held at The Westin Harbour Castle on Toronto’s waterfront.
The post IAGR announces program for IAGR2025 conference in Toronto appeared first on Gaming and Gambling Industry in the Americas.
Home field advantage has a new name, as the Edmonton Elks announced that Play Alberta Field at Commonwealth Stadium is now the home of the Elks.
The field naming rights are part of a broader multi-year agreement between Play Alberta and the EE, making Play Alberta the official sports betting partner of the Club.
“We couldn’t be more excited to expand our partnership with Play Alberta. This partnership is about more than just putting a name on the field – it’s about building something meaningful for our fans and our community. Play Alberta is an Alberta-based organization that shares our values and our commitment to giving back. Together, we’re creating new ways for fans to connect with our team and experience the game day atmosphere in a whole new way,” said Elks President and CEO Chris Morris.
The expanded relationship between the Elks and Play Alberta will allow the game day experience to continue to grow. Fans can look forward to unique activations and promotions around the stadium, including the chance to win game tickets and memorabilia.
“Since Play Alberta’s launch five years ago, our team has made it a priority to connect with the communities where our players live and work. We are very excited to join the Edmonton Elks on the field on game days during upcoming CFL seasons. Play Alberta Field at Commonwealth Stadium allows us to partner with the Elks and showcase two brands built for Albertans in a historic Edmonton location,” said Alberta Gaming, Liquor and Cannabis Chief Executive Officer Kandice Machado.
The Elks open their 76th season on Saturday, June 7 in Vancouver when they take on the B.C. Lions. Edmonton’s home opener at Play Alberta Field at Commonwealth Stadium is slated for Thursday, June 19 against the Montreal Alouettes.
The post Edmonton Elks, Play Alberta Connect on New Partnership appeared first on Gaming and Gambling Industry in the Americas.
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