Author: SHANNON NAJMABADI
Colorado Democrats ask for federal funding for Front Range rail
Colorado’s Democratic U.S. representatives sent a letter to federal officials requesting funding for the Front Range rail project that has been in the works for years. The letter, sent to the U.S. Department of Transportation and the Federal Railroad Administration, was spearheaded by Rep. Joe Neguse, D-Colo., and was co-signed by fellow Reps. Ed Perlmutter, Jason […]
Basketball powered Colorado’s $505M sports betting handle last month
Colorado’s total sports betting handle surpassed $505 million in March thanks to pro basketball and the NCAA tournament, according to the state’s most recent figures. The total handle represents a year-over-year climb of 68% from March 2021, according to the Colorado Department of Revenue’s (DOR) data. It’s also up from $440 million wagered in February. For the current fiscal […]
Denver International Airport no longer requiring masks for travel
Denver International Airport (DIA) is no longer requiring passengers to wear facial coverings after a federal judge struck down the federal mask mandate for public transportation on Monday. The airport said in a tweet that it was “informed by the [Transportation Security Administration] that they will no longer be enforcing the mandate at airports.” “As a result, masks are no […]
Senate passes bill that proposes spending $58M to ‘incentivize ridership’ on public transit
The Colorado Senate passed a bill on Wednesday that would pay for public transit rides during the summer. If made law, Senate Bill 22-180 would spend $58 million in total on two programs aimed at reducing emissions and increasing public transit ridership. Under the bill, $28 million would go towards a grant program within the Colorado Energy Office […]
Colorado sports betting declined to $440M in February
Colorado’s total sports betting handle declined in February to $440 million, according to the latest data from the state’s Department of Revenue (DOR). The total represents a more than 23% decline from January when the state saw more than $573 million in total wagers. On a year-over-year basis, however, February’s total represents a greater than […]
Colorado sports betting kicked off 2021 with record $573M wagered in January
Sports betting in Colorado got off to a hot start in 2022 with a record-high $573 million wagered in January, according to the state’s latest figures. The total handle represents a 24.3% increase from the previous month and a more than 75% increase year-over-year, according to the Colorado Department of Revenue data. The Centennial State also […]
California voters show support for legalizing sports betting
A new poll released Wednesday found that California voters support the notion of legalizing sports betting in California, though not by an overwhelming margin. The poll, released by the Berkeley Institute of Intergovernmental Studies, found that 45% of registered voters said they would vote “Yes” on a measure to legalize sports betting, while 33% are more […]
Over $5B wagered by Colorado sports bettors since legalization
Colorado has seen over $5 billion in sports betting wagers since legalization in May 2020, according to the latest monthly market data from the Department of Revenue (CDOR). Bettors in the state wagered more than $461 million in December, a slight decrease from November’s total handle. On an annualized basis, December’s handle represents a more than 62% increase […]
Colorado sports betting totaled $475M in November
Colorado’s total sports betting handle for November eclipsed $475 million, according to the latest figures from the Department of Revenue (DOR). The total represents a 3% decline since October when the state raked in a record $491 million in total wagers. However, it also represents a growth rate of more than 105% when compared to the $223 […]
Five Colorado agencies found to have $15.1 million in excess funds
Five Colorado state agencies are holding approximately $15.1 million in excess funds, according to an audit of the state’s cash funds. The State Auditor Office identified excess funds in 19 different accounts within the Department of Personnel & Administration, the Department of Public Health and Environment (CDPHE), the Department of Public Safety, the Department of Regulatory Agencies […]