Iowa posts lowest full-month sportsbook revenue in December

10 January 2020

Iowa’s licensed sportsbooks took in a combined $2.9m in sports betting revenue, down 19.3% from November and the lowest for a full month since sports betting launched.

This came despite handle declining only 0.1% month-on-month as bettors in the Hawkeye State enjoying their most successful month by far, in terms of winnings.

Online betting revenue increased 20.5% to $1.8m and outpaced retail for the first time since sports betting launched in the state. That $1.8m came on an  handle of $33.5m, down 0.6% month-on-month.

Retail revenue declined 48.9% to $1.1m, despite players wagering $25.8m, 0.1% more than in November.

Read more on iGB North America.