Colorado saw a record fiscal year in sports betting last year, resulting in over $36 million in tax revenue after over $6.3 billion in bets were made, according to the Colorado Department of Revenue. Of that, over $33 million will go to Colorado’s Water Conservation Board, the department said. … About 93% of revenue from the tax on casinos helps fund the implementation of Colorado’s water plan, according to Water for Colorado, a coalition of nonprofits that work on water conservation throughout the state. Water for Colorado calls the agreement “a win for Colorado’s water.”

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