Iowa Sportsbetting Revenues Slip in February

Iowa's sportsbetting market fell in terms of revenues during the month of February, after punters scored on bets during the period.

Net receipts for the month were $755,334, down 76.6% from the month prior. The Hawkeye State's betting handle was down 1.9% to $56.9 million due to a drop in retail bets. Online betting numbers were up 11.6% to $37.8 million, but retail bets were down 20.9% to $19.1 million.

Online net revenues were $1.4 million, with online bettors winning $36.4 million. Retail bettors won $19.7 million, which resulted in the sector losing $614,574 for the month.

About the author

Dustin Jermalowicz // News Editor
Dustin Jermalowicz
Dustin has a long-standing passion for gambling. He has been writing professionally on the subject and breaking industry news for Casino Listings since 2011. His favorite casino games include Blackjack, Poker, and Hi/Lo. A proud native of Detroit, Dustin currently lives in Michigan.

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