Online and retail sportsbooks within the state of Colorado noticed an enormous month of hockey motion with the native workforce successful all of it.
The Colorado Avalanche, the 2022 Stanley Cup Championship winners, drove a large improve in betting on the game in June, in accordance with the Colorado Department of Revenue.
According to the state, June wagers on hockey elevated by 177% to $29.5 million in comparison with wagers positioned in the identical month in 2021 ($10.6 million).
Licensed sportsbooks within the state reported a complete of $97 million in Stanley Cup Playoff wagers. The NHL postseason kicked off in early May.
Despite the large improve in hockey motion, the overall deal with for June 2022 of $313.2 million was a lower of 13% from the prior month, May 2022, of $360.3 million. However, a year-to-year comparability reveals a 44.6% improve from the overall deal with of $229.7 million in June 2021.
In June, baseball positioned within the prime spot for the month with $106.4 million in complete wagers, adopted by basketball with simply over $44 million in wagers. Hockey wagers positioned third with $29.5 million. The fourth spot went to tennis with $23.4 million, and soccer stayed within the fifth slot with $10.3 million.
Completing a fiscal 12 months on the finish of June 2022, the overall wagers for the final fiscal 12 months, July 2021 to June 2022, got here in at $4.81 billion, a 75.7% improve within the complete wagers made within the fiscal 12 months 2020-2021 of $2.73 billion.
The state legalized sports activities betting in 2019 and kicked off on-line betting in May 2020.