Iowa betting revenue grows year-on-year, but down since November

| By Laura Gumbrell
Iowa’s sportsbook operators reported total gross gaming revenue (GGR) of $13.4m for December 2021, a rise of 76.7% since December 2020 but less than the $19.9m recorded in November.

Operators within the state had a combined handle of $266.5m in December 2021. This was more than double December 2020’s figure, but was a 7.0% decline since November.

Online wagering experienced a large increase, with total revenue of $11.9m as compared to $4.6m in 2020. Similarly, online handle was at $241.7m, a 209% increase from $78.1m in December 2020.

Meanwhile, retail handle came to $24.8m, down by 7.1% as it was at $26.7m in December 2020

Diamond Jo Casino in Worth, with a sportsbook operated by FanDuel, was again the market leader, bringing in $1.992m in revenue. Of this total $1.7m came from online, and $271,675 in retail.

Caesars sportsbook at Penn National Gaming’s Prairie Meadows Racetrack and Casino was an extremely close second, bringing in $1.991m in revenue.

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