Iowa
Iowa September betting revenue up 345.6% from 2021 despite handle decline
Income from sports activities betting in Iowa elevated 345.6% year-on-year in September regardless of the state reporting a 4.9% decline in participant spending.
Sports activities wagering income reached $25.4m (£23.0m/€26.2m) within the month, up from $5.7m in September 2021 and in addition 76.4% greater than $14.4m in August of this yr, in response to the Iowa Racing and Gaming Fee (IRGC).
Of this complete, $21.2m was attributed to on-line betting, whereas the remaining $4.2m got here from retail wagering.
When it comes to spending, the $200.2m wagered in September was down from $210.4m in the identical month final yr, however 63.3% greater than in August this yr.
Gamers spent $177.6m betting on-line, in addition to $22.6m at retail sportsbooks throughout the state.
Breaking down the performances of particular person operators, Diamond Jo in Dubuque and its FanDuel sportsbook led the best way with $6.5m from a $43.2m deal with.
Sister property Diamond Jo in Value, which additionally has a FanDuel sportsbook, positioned second with $3.6m in income from $23.7m in bets, adopted Wild Rose in Jefferson and DraftKings with income of $3.0m from $29.5m in bets.
The IRGC additionally revealed that regulated sports activities betting exercise in June generated $1.7m in tax income through the month.