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Boulder County: The Job Market in the Sports Industry

Boulder, Colorado, has been experiencing a surge in the sports betting industry, with numerous job opportunities emerging in this rapidly growing sector.

In this article, we will get into the employment and unemployment statistics in Boulder, highlight the top three most popular jobs in the sports betting industry, and discuss the current status of online gaming in the state.

Job Market in the Sports Industry - AboutBoulder.com

Employment and Unemployment Statistics in Boulder, Colorado

Colorado has consistently been an employment growth state, with a strong economy that has seen a steady increase in job opportunities over the years.

According to the 2022 Colorado Business Economic Outlook, the state added 64,900 jobs in 2022, followed by 51,100 jobs in 2024.

This trend is expected to continue in 2025, with the state projected to add 40,100 jobs.

Boulder, being a part of this thriving economy, has seen a significant rise in employment opportunities across various sectors, including the sports betting industry.

More details below:

Unemployment Rate

Unemployment Rate (Current unemployment rate): 2.6% (Not Seasonally Adjusted) in May 2024
Seasonally Adjusted Unemployment Rate: 3.2% in April 2024

Labor Force

Labor Force: 66,999 in May 2024
Labor Force Change: Up 532 people since December 2023

Unemployment

Unemployment: 1,818 in May 2024
Unemployment Change: Up 86 people since December 2023

Median Household Income

Median Household Income: $83,000 in Boulder, NV5

Top 3 Most Popular Jobs in the Sports Betting Industry in Boulder, Colorado

The sports betting industry in Boulder, Colorado, is experiencing significant growth, with numerous job opportunities emerging across various roles.

As the industry continues to expand, it is essential to highlight the most in-demand positions that are driving this growth.

1. Sportsbook Manager

Responsible for overseeing the day-to-day operations of a sportsbook, including:

  • managing staff
  • setting odds
  • ensuring compliance with regulations.

This role requires strong leadership and analytical skills, as well as the ability to work well under pressure.

According to job postings on local job search platforms, the key responsibilities for a sportsbook manager include:

  • Developing and implementing strategies to drive revenue growth and profitability
  • Analyzing betting trends and market data to make informed decisions about odds and lines
  • Ensuring that the sportsbook operates in compliance with all applicable laws and regulations
  • Managing and training a team of sportsbook employees, including traders, risk managers, and customer service representatives
  • Developing and maintaining relationships with key stakeholders, including vendors, partners, and customers

This role requires strong leadership and analytical skills, as well as the ability to work well under pressure and make quick decisions in a fast-paced environment.

2. Sports Analyst

Provides in-depth analysis and insights on various sports and events, helping to inform betting decisions. This role requires a strong understanding of

  • sports statistics
  • trends
  • market dynamics
  • excellent communication skills

The key responsibilities of a sports analyst include:

  • Conducting research and analysis on sports teams, players, and events to identify trends and opportunities
  • Developing statistical models and algorithms to predict game outcomes and inform betting strategies
  • Collaborating with traders and risk managers to set accurate odds and lines
  • Providing regular reports and updates to management on the performance of the sportsbook and the effectiveness of betting strategies
  • Staying up-to-date with the latest developments in sports and the sports betting industry.

This role requires a strong understanding of sports statistics, trends, and market dynamics, as well as excellent communication skills and the ability to work well in a team environment.

Job Market in the Sports Industry - AboutBoulder

3. Customer Support Representative

Provides assistance to customers, addressing their queries, resolving issues, and ensuring a positive customer experience. This role requires excellent communication and problem-solving skills, as well as the ability to work in a fast-paced environment.

According to job postings on local job search platforms, the key responsibilities for a customer support representative include:

  • Responding to customer inquiries and complaints via phone, email, and chat
  • Troubleshooting and resolving issues related to account management, betting, and payouts
  • Providing information about the sportsbook’s products, services, and promotions
  • Escalating complex issues to supervisors or other departments as needed
  • Maintaining accurate records of customer interactions and resolutions

This role requires excellent communication and problem-solving skills, as well as the ability to work in a fast-paced environment and provide a high level of customer service.

These roles are not only in high demand but also offer a range of opportunities for professionals looking to enter the sports betting industry in Boulder, Colorado.

Status of Online Gaming in Colorado

While sports betting has been legal in Colorado since 2020, online gambling remains illegal in the state. In 2018, the U.S. Supreme Court allowed sports betting nationally, and Colorado quickly followed suit, legalizing the practice in May 2020.

While online gaming is not currently legal in Colorado, there is ongoing debate and discussion about its potential legalization.

Vlad Lazurchenko, an expert in the field working on gambling updates on Jackpot Sounds, was invited to provide comment and clarification on the current legal status of iGaming in Colorado.

According to Vlad Lazurchenko, “While there are no clear indications of imminent legalization, there is growing support for regulated online gaming in the state. As the industry continues to evolve, it is essential for policymakers to carefully consider the potential benefits and risks associated with online gaming.”

Coloradans have bet nearly $15 billion on sports, with the state reporting over $5 billion in betting proceeds in 2023 alone. Basketball is the most popular sport to bet on, accounting for 24.7% of all bets placed between May 2020 and April 2023, followed by football (15.9%) and baseball (10.1%).

However, despite the legalization of sports betting, online gambling remains illegal in Colorado under both state and federal laws.

The Colorado Limited Gaming Control Commission prohibits persons and businesses licensed in the casino industry from having any involvement with internet gaming sites that can be accessed by Colorado residents.

The state’s gambling laws are strictly enforced, with the Colorado Attorney General’s Office and the Colorado Limited Gaming Control Commission working together to ensure compliance. Individuals caught engaging in illegal gambling can face petty offense, misdemeanor, or felony charges, depending on the nature of the offense.

While the legalization of sports betting has been a boon for the state’s economy, with the industry expected to continue growing in the coming years, the same cannot be said for online gambling. Colorado remains steadfast in its opposition to the practice, with no signs of imminent legalization on the horizon.

Conclusion

The sports betting industry in Boulder, Colorado, is experiencing significant growth, with numerous job opportunities emerging across various roles.

From sportsbook managers to sports analysts and customer support representatives, there is a wide range of positions available for those interested in this exciting and dynamic sector.

As the industry continues to evolve, it will be crucial for policymakers to carefully consider the legal and regulatory frameworks surrounding online gaming in the state.

John Mali Director of Media Relations

Director of Media Relations at AboutBoulder.com

john@aboutboulder.com

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