by Michael Molter | Dec 11, 2024 10:19 am | Revenue
Iowa sportsbooks have given over $50 million to the State of Iowa because of sports betting taxes. Beating expectations for Fiscal Year 2023, we estimate the production for FY 2024 will be even higher. Since launch, Iowa sportsbooks have taken in over $10 billion in...
by Zachary Kelley | Apr 10, 2024 1:12 pm | Revenue
Caitlin Clark and the success of the Iowa Hawkeyes women’s basketball team can be credited with the 17% jump in Iowa’s March sports betting handle. Iowa’s sports betting handle in March 2024 was $40 million higher than the previous year. More than $272 million were...
by Michael Molter | May 9, 2023 12:55 pm | Sports Betting
The University of Iowa investigated claims surrounding over 100 individuals betting on sports. While 26 athletes were part of the group, no match-fixing claims are present. Iowa State University also saw 15 students engage in online sports betting. A blanket ban or...
by Jerad Paparella | Apr 11, 2022 4:05 pm | Legal
Iowa’s sportsbooks handled $233.5 million in wagers in March, up compared to both last month’s handle and March 2021’s handle. March was Iowa’s second-strongest sports betting revenue month since launch, with sportsbooks generating a combined $14.4 million in sports...
by Jerad Paparella | Dec 13, 2021 5:22 pm | Revenue
Indiana set new monthly sports betting handle and revenue records in November – this marks the third consecutive month Indiana has set a new monthly handle record. Iowa shattered its monthly sports betting revenue record by more than $6 million; Iowa also...