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PlayColorado.com: Innovation pays off with $1.2 billion first year for state’s sportsbooks

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ILLINOIS SPORTSBOOKS HIT RECORD $840 MILLION IN BETS IN OCTOBER Football, basketball betting spurs records for handle, revenue, and tax revenue as end of in-person registration requirements approaches, according to PlayIllinois

 

Colorado sportsbooks closed 2020 with yet another record month that made the Centennial State the sixth to surpass $1 billion in wagers for a year, a significant accomplishment considering the industry launched in May with no major U.S. sports in action, according to PlayColorado, which provides news and analysis of the state’s gaming industry.

“Colorado’s launch in the heart of a pandemic has, perhaps inadvertently, spawned what could be the most innovative market in the country,” said Ian St. Clair, analyst for PlayColorado.com. “It’s not just that table tennis remains a popular draw in the state, even months after the return of major U.S. sports. It’s also the way operators are using unique betting markets to help connect with customers. The unusual recipe has unquestionably been a success.”

Colorado’s online and retail sportsbooks tallied their eighth consecutive month of record wagering with $284.6 million in December, according to data released Monday by the Colorado Department of Revenue’s Division of Gaming. That was up 23.1% from the previous record of $231.2 million set in November.

Gross gaming revenue fell just short of a state record in December, hitting $17.2 million. That was down from the high of $18.4 million in gross gaming revenue set in November. Meanwhile, net sports betting proceeds fell to $5.7 million, down from $9 million in November. Sports betting produced $531,490 in state taxes in December.

For all of 2020, Colorado’s retail and online sportsbooks produced:

  • $1.2 billion in wagers, of which $1.17 billion were made online
  • $75.8 million in gross gaming revenue.
  • $28.3 million in net betting proceeds
  • $3 million in state taxes, including $2.2 million in the last three months.

“After a slow start as sportsbooks ramped up, the last three months prove that sports betting will be a reliable revenue generator for the state,” said Jessica Welman, analyst for PlayColorado.com. “Revenue ebbs and flows in every sports betting market, typically peaking at the height of the football season. In that way, Colorado’s pattern is on par with what we see most everywhere in the U.S.”

With heavy action in December on pro football ($88.2 million), pro basketball ($42.9 million), and college basketball ($35.2 million), Colorado will likely place sixth in the U.S., behind only New Jersey, presumably Nevada and Illinois, Pennsylvania, and Indiana.

But the Centennial State did not take a conventional route to become one of the largest U.S. markets. Table tennis has generated $63.5 million in bets this year, including $11 million in December. Only football, baseball and basketball have generated more.

And sportsbooks have been creative in drumming up interest. FanDuel offered a promotion in December in which it shifted the line 1 point in the University of Colorado’s favor for every 500 fans who placed a bet on the Buffaloes. And sportsbooks have increasingly offered unique proposition bets, like where star quarterback Deshaun Watson could eventually land.

“Colorado’s books are offering bets that are simply not available in other states,” Welman said. “There are myriad reasons why, but one of them is that table tennis has been so lucrative that state regulators and sportsbooks themselves have been inspired to take chances on more unconventional offerings.”

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For more information and analysis on regulated sports betting in Colorado, visit PlayColorado.com/revenue.

 

About the PlayUSA.com Network:
The PlayUSA.com Network is a leading source for news, analysis, and research related to the market for regulated online gaming in the United States. With a presence in over a dozen states, PlayUSA.com and its state-focused branches (including PlayColorado.com, PlayIndiana.com, and PlayNJ.com) produce daily original reporting, publish in-depth research, and offer player advocacy tools related to the advancement of safe, licensed, and legal online gaming options for consumers. Based in Las Vegas, the PlayUSA Network is independently owned and operated, with no affiliations to any casino — commercial, tribal, online, or otherwise.

 

 

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Amusnet Sets the Stage for LATAM Growth at GAT Cartagena 2025

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Amusnet Sets the Stage for LATAM Growth at GAT Cartagena 2025

 

With a growing presence in Latin America, Amusnet returns to GAT Cartagena 2025 to present its latest technological advancements. This year’s exhibition will include a market introduction of the company’s cluster-pay slot Coin Gobber, dynamic Live Casino offerings, and the new model of its premium Type S slot cabinet series. Through continuous investment in product development and regional expansion, the company remains focused on delivering high-performance casino solutions tailored to local trends and preferences.

“Beyond introducing new games and technologies, our goal is to create lasting value for our partners in LATAM. GAT Expo Cartagena provides the ideal platform to showcase how Amusnet leverages industry insights and advanced development capabilities to shape the future of gaming in the region with offerings that drive engagement and profitability,” commented Georgi Izov, Head of Business Development LATAM at Amusnet.

At the expo, Amusnet will present an exciting selection of popular slot games, including 100 Golden Coins, Cocktail Rush, Phoenix Star, Aztec Forest, Cavemen and Dinosaurs, Dancing Dead, and the newest release, Coin Cobbler. It is a 6×6 video slot with a cluster payment method, offering engaging gameplay with Free Spins, Bonus Coins, and a Buy Bonus feature. As coins fill the piggy bank, players progress through levels for greater rewards, all enhanced by immersive graphics and a captivating soundtrack.

Alongside these titles, the company will showcase its cutting-edge Live Casino offerings, such as Dynamic Roulette 120x and three next-generation Virtual Roulette games: Virtual Monaco Roulette 72x, Virtual Space Roulette 120x, and Virtual Vegas Roulette 500x. Each of the three titles is designed to provide engaging gameplay and immersive themes, drawing inspiration from renowned casino destinations, and including multipliers of up to x500 to offer players even greater winning potential.

Visitors can explore the provider’s Type S slot cabinet series, created according to the utmost standards of the land-based industry. Showcasing versatility, the Type S27, Type S32, and Type S50 will be presented, together with the true standout being the newly introduced 55J, featuring a striking 55-inch curved display. The 55J model combines sophisticated design with top-tier finishes, delivering an unparalleled gaming experience. Powered by the AmuseBox platform, it supports a top-notch selection of over 50 games, including popular titles such as the celebrity slot Stoichkov #8, and triple reels slot games, specially designed to elevate player excitement and enhance payout option.

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DATA.BET Makes Successful Stand Debut at BiS SiGMA Americas 2025

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DATA.BET Makes Successful Stand Debut at BiS SiGMA Americas 2025

 

Premium esports betting solution supplier expands presence in the growing Brazilian market

DATA.BET has successfully concluded its first-ever stand appearance at BiS SiGMA Americas 2025, one of the largest iGaming events in the region, held on April 8-10 in São Paulo, Brazil. The event took place in Transamerica Expo and brought together over 17,500 participants.

The company made a strong impression with its dedicated expo booth, where representatives engaged with local operators and business partners to discuss development opportunities in the growing LatAm market. DATA.BET showcased its comprehensive suite of solutions, including an updated Single Page Application (SPA), along with tools that are also adapted for local betting projects, including Scoreboards, Pitch Tracker, and Streaming – all designed to enhance user engagement with the platform and optimize their betting experience, particularly for mobile devices.

Alongside a bar serving exclusive cocktails that capture the spirit and vibe of Brazil, DATA.BET fleshed out its interactive stand with cosplayers dressed as Jinx and Ahri – popular characters from League of Legends, one of the top games among LatAm fans. This creative approach helped visitors immerse themselves in the iGaming atmosphere while exploring the company’s extensive portfolio of esports disciplines, events, and betting markets.

Natalie Loshatynska, Head of PR & Marketing at DATA.BET, commented: “Our stand debut at BiS SiGMA Americas allowed us to connect with Brazilian operators at this major event, learn about their specific needs, and introduce our iGaming solution. We saw great interest in esports from visitors. Latin America is a key market with huge growth potential for our niche. We’re excited to bring our products to this dynamic region, and the positive reaction confirms our decision to take part in BiS SiGMA Americas was right.”

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Compliance Updates

Altenar gains ground in Brazil with virtual sports certification

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Altenar gains ground in Brazil with virtual sports certification

 

Leading sportsbook technology provider ready to deliver premium virtual sports offering to local operators

Altenar has achieved a significant milestone in its LatAm expansion by securing a new certification to offer sportsbook and RGS, including virtual sports in Brazil.

This development underscores Altenar’s commitment to providing cutting-edge and engaging sportsbook solutions in regulated markets, and follows a string of landmark deals with industry leaders, such as Inspired, Kiron, Leap and Sportradar.

To achieve the certification, Altenar underwent a thorough evaluation process, demonstrating the provider’s dedication to compliance and its ability to meet the stringent requirements of the Brazilian market.

The integration of virtual sports from renowned providers will further enhance Altenar’s comprehensive platform, offering a dynamic and exciting vertical for Brazilian players that can be enjoyed 24/7.

Dinos Doxiadis, Director of Product – Sportsbook and Data at Altenar, said: “We are thrilled to achieve certification for virtual sports in Brazil. This marks another significant step in our growth across Latin America and reinforces our commitment to the burgeoning region.

“By joining forces with some of the industry’s most renowned providers, we are confident in our ability to deliver an unparalleled virtual sports experience to operators and players in Brazil. This offering will complement our existing sportsbook solutions and provide further opportunities for engagement and growth in this key market.”

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