Revenue from sports betting in Iowa increased 345.6% year-on-year in September despite the state reporting a 4.9% decline in player spending.Iowa records handle decrease for April

Sports wagering revenue reached $25.4m (£23.0m/€26.2m) in the month, up from $5.7m in September 2021 and also 76.4% higher than $14.4m in August of this year, according to the Iowa Racing and Gaming Commission (IRGC).

Of this total, $21.2m was attributed to online betting, while the remaining $4.2m came from retail wagering.

In terms of spending, the $200.2m wagered in September was down from $210.4m in the same month last year, but 63.3% more than in August this year.

Players spent $177.6m betting online, as well as $22.6m at retail sportsbooks across the state.

Breaking down the performances of individual operators, Diamond Jo in Dubuque and its FanDuel sportsbook led the way with $6.5m from a $43.2m handle.

Sister property Diamond Jo in Worth, which also has a FanDuel sportsbook, placed second with $3.6m in revenue from $23.7m in bets, followed by Wild Rose in Jefferson and DraftKings with revenue of $3.0m from $29.5m in bets.

The IRGC also revealed that regulated sports betting activity in June generated $1.7m in tax revenue during the month.

Want To Keep Up To date with our latest news and information? Please enter your email address below to be added to our mailing list

Bookielink.com is operated by Intraseculink Ltd, Registration Number: HE356617, 176 Athalassas Avenue, Office 401, 2025, Strovolos, Nicosia, Cyprus. BLUEINIC B.V. with Registration number 140279 and registered address at Abraham Mendez Chumaceiro , Boulevard 50, is licensed under Antillephone N.V. ,holder of Gaming License #8048/JAZ of the Central Government of the Netherlands Antilles. BLUEINIC B.V. is licensed and regulated in virtue of license number #8048/JAZ2016-030 granted by the Government of Curaçao to BLUEINIC B.V. The license was issued on ‎08-06-2016.

Bookielink.com © 2022 All rights reserved.