Iowa Sports Betting Handle Down Slightly In July

Iowa Sports Betting Handle Down Slightly In July

The summer swoon continued apace in Iowa, with July Iowa sports betting handle figures that were down slightly month-over-month, while revenue rebounded after a sizable drop in June.

Overall, Iowa sportsbooks took in $109,680,895 worth of sports betting handle in July, which represented a 5.1% drop from June’s sum of $115,595,593.  

The picture was rosier for Iowa sportsbooks, revenue wise, with a 48.2% jump from June’s sum of $7,131,173 to $10,568,989 in July. 

The Hawkeye State’s tax bill wound up being $713,772 in July, putting the final chapter on the seventh month of the year for Iowa sportsbooks.



Iowa Sports Betting, July vs. June

Total HandleMobile Handle Revenue
July$109.681M$101.298M$10.569M
June$115.596M$105.728M$7.131M
Change Down 5.1% Down 4.2% Up 48.2%

What To Know About Iowa’s July Report

The No. 1 operator in Iowa during July was Crown Iowa Gaming/DraftKings Sportsbook Iowa, which wrapped up the month at $37,416,257.  

Trailing the Boston-based operator were Betfair Interactive U.S./FanDuel Sportsbook Iowa ($24,990,652), American Wagering Inc./Caesars Sportsbook Iowa ($15,403,551), BetMGM Sportsbook Iowa ($8,350,877) and Hillside/Bet365 Iowa ($5,957,331).  

The Iowa sports betting marketplace is currently one operator shy of maturity, thanks to Unibet leaving the Hawkeye State on Dec. 20.  

As of Monday morning, Iowa’s $109,680,895 July handle ranks fifth out of the eight states that have reported totals for the month.  

The Hawkeye State ranks behind national stalwart New York ($966.5 million), in addition to states like Maryland ($247.4 million), Tennessee ($214.1 million) and Indiana ($203.7 million) on a national level.  

Through seven calendar months, sportsbooks in Iowa have taken in just over $1.205 billion in wagering handle, averaging out to around $172.2 million per month for the year.  

Make sure to follow along with IowaBets.com for more information on Iowa sports betting apps.

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Author

Christopher Boan is a lead writer at IowaBets.com specializing in covering state issues. He has covered sports and sports betting in Arizona for more than seven years, including stops at ArizonaSports.com, the Tucson Weekly and the Green Valley News.