by Carter Floyd | Jul 12, 2020 12:39 pm | Sports Betting
Iowa sports betting handle increased by $5.7 million, or 82%, in June. Total handle was $12.7 million. Even with a hold rate under 5%, Iowa sportsbooks collected $620,000 in revenue—a 24% increase from May. Casinos have begun to reopen with limited capacity and social...
by Giovanni Shorter | Jul 10, 2020 11:17 am | Sports Betting
Betfred, a UK-based sportsbook, has officially launched mobile sports betting at The Grand Falls Casino & Golf Resort in Iowa. The mobile betting app from Betfred will require in-person registration and is available to Iowa residents right now. LARCHWOOD, Iowa...
by Christina Monroe | Jun 5, 2020 2:37 pm | Sports Betting
Iowa has decided to ban credit cards as a form of payment at sportsbooks. Esports has been prohibited from becoming legal for sports bettors in Iowa. Daily Fantasy Sports (DFS) contests have been approved for residents in Iowa to participate in legally. DES MOINES,...
by Carter Floyd | May 23, 2020 10:40 am | Revenue
Five states have reported their April sports betting figures: Indiana, Iowa, New Jersey, Pennsylvania, and West Virginia. In the five states, sports betting revenues are down almost 80% from what they were in February, and handle is down almost 90%. These states only...
by Carter Floyd | May 10, 2020 10:33 am | Revenue
Iowa recorded record lows for both sports betting handle and revenue in April. COVID-19 shut down 6 Iowa sportsbooks entirely and relegated the other 13 to online wagers only. Iowa casinos could begin reopening by mid-May, but until major American sports leagues...
