Press Releases
PlayColorado.com: Betting volume grows ahead of fall surge

Colorado’s sportsbooks used interest in baseball, early-season college football, and NFL futures betting to fuel the first month-over-month gain in betting volume since May. The boost to nearly $212 million in wagering in August also made Colorado just the sixth state to haul in more than $3 billion in lifetime bets, according to PlayColorado, which tracks the state’s regulated sports betting market.
“It’s encouraging to see a bump ahead of the most important four-month stretch of the year,” said Ian St. Clair, analyst for PlayColorado.com. “A mere taste of football in August showed its importance to sportsbooks. But what we saw last month is just a precursor for what we expect for the final four months of the year, which should bring an onslaught of fresh records.”
Colorado’s online and retail sportsbooks accepted $211.9 million in wagers in August, $208.3 million of which came through online operators, according to data released Monday by the Colorado Division of Gaming. Year-over-year, betting volume in August was up 64.7% from $128.6 million in August 2020 and up 16.9% from $181.3 million in July.
Gross gaming revenue hit $15.2 million in August. That is up 102.5% from $7.5 million in August 2020, though down 2.7% from $15.7 million in July. After promotional credits, net sports betting proceeds in August landed at $7.1 million, which yielded $726,365 in tax revenue.
August’s results brought a slew of fresh milestones, including surpassing $3 billion in lifetime wagering. Since launching in May 2020, Colorado’s sportsbooks have generated:
$3.2 billion in wagering, including $2.0 billion so far in 2021
$213.1 million in gross gaming revenue, including $137.3 million in 2021
$117.4 million in free bets
$95.7 million in taxable revenue
$10.2 million in state taxes
“Colorado is remarkably consistent, and continues to outperform the size of its population base,” said Eric Ramsey, analyst for the PlayUSA.com network, which includes PlayColorado.com. “With even a decent football season, sportsbooks will reach $3 billion in wagers and $200 million in revenue for the year. Those would be impressive annual totals for a state that is still maturing as a sports betting market.”
With a flurry of fresh launches ahead of football season, including well-known brands like Barstool and the Sports Illustrated Sportsbook, Colorado is now home to more online operators than any other state with 26.
One of the intriguing aspects of Colorado’s market for operators is the wide range of sporting interests of its bettors. In August, baseball was again the most popular sport to bet on with $69.6 million in bets in August, up from $59.9 million in July. Tennis ($13.5 million), soccer ($11.5 million), basketball ($10.6 million), and table tennis ($8.1 million) all drew significant wagering in August, too.
But like every U.S. market, football is still king in Colorado. With a light inventory of games to bet on, including three Broncos preseason games, pro football drew $13.6 million in wagering, up from just $586,203 in July. College football attracted an additional $2.6 million. And the growth over the next four months will be substantial. In 2020, a year marred by the shutdown of major sports for months, 60.2% of the money wagered legally in the U.S. was placed from September through December. In 2019, 50.8% of all legal wagers were made during the last four months of the year.
“The difference between a great football season and a merely very good fall for sportsbooks may come down to how local teams fare,” said St. Clair. “If there is a concern for operators it is that Colorado, Colorado State, and Air Force each had significant missteps to open the season, which could dampen some enthusiasm. But the Broncos’ hot start will likely more than make up for that. If the Broncos can continue to play well, it could really drive sports betting to new heights.”
For more information and analysis on regulated sports betting in Colorado, visit PlayColorado.com/revenue.
Compliance Updates
ThrillTech secures regulatory approvals to launch jackpots in Latam

Peru and Brazil to provide launchpad for Latam expansion as ThrillTech strengthens presence in emerging regulated markets
ThrillTech, the B2B jackpot specialist, has taken a significant step forward in its international growth strategy after securing a B2B licence in Peru and regulatory certification in Brazil.
The approvals clear the path for ThrillTech to launch its proprietary player-funded jackpot solutions in Latin America for the first time, bringing its flagship ThrillPots product to one of the worldâs most exciting and emerging regions for iGaming.
Latin America has become a focal point for operators in recent years, with Brazilâs market liberalisation and Peruâs structured regulatory framework, as set out by the countryâs ministry of foreign trade and tourism (MINCETUR), providing fertile ground for innovative engagement tools.
By working tirelessly to secure entry into both countries, ThrillTech is positioning itself to support operators with compliant, performance-driven jackpot mechanics that can drive revenue and enhance retention.
Peter Mares, CTO and co-founder of ThrillTech, said: âExpanding into Latin America is a milestone moment for us. The region is bursting with opportunity, but it also demands solutions that are flexible, transparent, and built to scale. With a licence in Peru and certification in Brazil, we are ready to deliver the same measurable revenue impact to operators in Latam that weâve already proven in Europe.
ThrillTechâs products are designed to provide operators with new revenue streams through side-bet jackpots, while also offering real-time engagement mechanics via cash-only rewards.
Already integrated with multiple tier-one operators in Europe, ThrillTech is now primed to replicate that success in Latam by delivering regulator-approved solutions to local operators.
Latest News
Inspired Extends Brazil Presence with EstrelaBet Partnership

Inspired Entertainment, Inc., a leading provider of B2B gaming content, systems, and solutions, has expanded its presence in Brazil through a newly launched partnership with EstrelaBet, a leading Brazilian gaming tech company. The collaboration brings Inspiredâs acclaimed portfolio of iGaming titles to EstrelaBetâs growing player base, further demonstrating the Companyâs commitment to the regionâs gaming industry.
Through integration facilitated by Softswiss, EstrelaBet players in Brazil will now have access to a wide selection of Inspiredâs top-performing online and mobile slot titles, including localized versions of global hits such as Big Fishing Fortune⢠(Super Pescaria da Fortuna), Golden Winner⢠(CampeĂŁo de Ouro), Cops ânâ Robbers Bigger Big Money⢠(PolĂcia e LadrĂŁo Bolada), Centurion Big Money⢠(Centurion Muita Grana), among others. The rollout will also include regular new content releases, offering a balance of fan-favourite classics, innovative mechanics, and seasonal experiences designed to maximize player engagement and retention.
Claire Osborne, Vice President of Interactive at Inspired Entertainment, said: âWeâre thrilled to partner with EstrelaBet to bring our diverse portfolio of fun games to Brazilian players. From proven hits to innovative seasonal content, our titles are designed to entertain, captivate, and perform. This partnership marks another important step in expanding Inspiredâs reach in one of the worldâs most exciting and fast-growing iGaming markets.â
Fellipe Fraga, Chief Business Officer at EstrelaBet, added: âThis collaboration positions EstrelaBet at the forefront of the Brazilian iGaming sector by offering our players access to some of the most recognized and entertaining slots content available. Inspiredâs reputation for quality and variety makes them an ideal partner, and we look forward to delivering their games to our growing audiences across Brazil.â
With localized branding, strong thematic appeal, and a track record of high performance across regulated markets, Inspiredâs iGaming content is well positioned to captivate Brazilâs rapidly expanding online player base while delivering added value to operators.
Latest News
NOVOMATIC sets high expectations at GAT BogotĂĄ with launches that redefine multi-games

On September 25, NOVOMATIC will once again take center stage at GAT Expo, with the largest booth at the event at the Hotel Sheraton BogotĂĄ, and a line-up of products that anticipate new trends in the gaming industry.
In addition to showcasing its most advanced technology, the company will offer an exclusive hospitality space, where visitors can enjoy appetizers and drinks in an ideal setting while they discover the latest additions to its portfolio!
A new multi-game platform that will make waves
Among the most anticipated launches, NOVOMATIC will unveil a brand-new multi-game platform that is destined to become a true game changer within its product line. Featuring a selection of must-play titles and offering operators a differentiated approach, this solution is set to generate tremendous excitement in the market.
In the words of Manuel Del Sol, CEO of NOVOMATIC Gaming Colombia: “We are proud to bring a platform to BogotĂĄ that redefines what operators can expect from a multi-game. This is a proposal that not only enhances the player experience, but also represents another step forward in our vision of delivering comprehensive, high-performance solutions across all market segments.”
The company keep is keeping the details under wraps, inviting operators to discover the platform exclusively at GAT BogotĂĄ.
A portfolio that consolidates leadership
- Multi-game Platforms: Magic Games Premium HD Edition 5, available on PANTHER 3.27 and FUNMASTER 2.27 cabinets, and Impera Line⢠HD Edition 9, showcased on the PANTHER 3.27, delivering greater versatility and top-performing titles.
- Linked Progressive Jackpots: Superia CASH CONNECTION⢠Vol. 1 & 2, IMPERA LINK⢠Series 2, and NOVO LINE⢠GOLDEN LINK⢠Edition 2, all displayed on the flagship BLACK EDITION II 3.27 and MASTER SL⢠3.32 cabinets.
Return of Ruby Package with Globe Link⢠Xtension
After its successful debut in Cartagena, the Ruby Package returns, now joined by the GLOBE LINK⢠Xtension Vol. 1 & 2. This solution combines cutting-edge hardware and engaging content, enhancing visual appeal and player engagement. The highlights of the package include the BLACK EDITION II 1.49J, which features an upgraded design, luminous infills, and a premium style that maximizes impact on the gaming floor.
Features that captivate players
The GLOBE LINK⢠Xtension includes features that are highly appreciated by modern players:
- Golden Spins: with high-impact spins and boosted prize potential
- Free Games: extended playtime and engagement
- Xpress Feature: instant access to Golden Spins for direct action
- Expanding Reels: increased chances of winning in every game
Cabinets designed for every market
At GAT BogotĂĄ, NOVOMATIC will also showcase its renowned BLACK EDITION II line of cabinets, which has been praised by operators worldwide for its premium design, substantial visual impact, and ease of maintenance.
The BLACK EDITION II 1.49J stands out with its J-curved screen, which is designed to maximize immersion and extend player time on the device. The Black Metro finish and ambient LED lighting give the cabinet a commanding presence on the gaming floor, making it a solid benchmark in the portfolio.
Other models from the same line follow this philosophy, combining the ergonomics, visibility, and powerful aesthetics that have made BLACK EDITION II a synonym of innovation and performance.
In parallel, the FUNMASTER 2.27 and PANTHER 3.27 cabinets continue to be in high demand in the Colombian market, thanks to their outstanding price-to-performance ratio and proven reliability. In such a diverse market, their versatility underscores NOVOMATIC’s flexibility in adapting to different operational realities, ranging from premium venues to investment-sensitive operations.
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