Since Colorado legalized sports betting five years ago, the state has collected over $100 million in taxes from casino profits.
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DENVER (KDVR) — Since Colorado legalized sports betting five years ago, the state has collected over $100 million in taxes from casino profits.
Most of that money is dedicated to preserving one of the state’s most important resources: water. With events like the Super Bowl, betting can turn out some big paychecks. In 2024 in Colorado, over $46 million was bet on the big game. This year, experts told FOX31’s Matt Mauro they expect it to be closer to $50 million.
