Sports betting revenue is surging in Colorado, what the money goes towards

Sports betting revenue is surging in Colorado, what the money goes towards

Colorado's sports betting revenue is surging. New state figures show sports betting generated more than $3.7 million in tax revenue last month.That's a 56% jump from August, 2024. The money goes toward water conservation projects across Colorado.State gaming officials say the growth means every bet placed is a win for all Coloradans.If you do have a gambling addiction, there are a number of available resources. For some of those resources, click…