Sports betting in Iowa enjoyed a positive start to the year as the market experienced an increase in gross gaming revenue (GGR) during January.
iGaming Business and Ficom Leisure are delighted to present the Iowa iGaming Dashboard, providing a monthly breakdown of the latest figures from the Hawkeye State’s regulated gambling market.
The data will be updated monthly following the official release of figures from the Iowa Racing and Gaming Commission.
GGR from online sports betting reached $12.0m, up from $11.8m the previous month a total second only to the $16.7m recorded in November 2021.
Retail betting revenue amounted to $2.3m for the month, rising 53.3% from December 2021.
Sports betting handle for the month came to $303.4m. Online handle amounted to an all time high $275.9m, beating the previous record of $260.3m set in November. The $27.5m of retail betting handle was the third-highest figure on record.
The FanDuel-powered Diamond Jo Dubuque reclaimed its dominant market share from Penn National’s Prairie Meadows Racetrack and Casino, with the former maintaining 25.5% of the market compared to 10.1% for the latter.
Diamond Jo Worth, a DraftKings partner, was the second largest operator with 14.6%. Wild Rose Casino in Jefferson had a share of 8.8%, also with a DraftKings sportsbook, while the Clinton branch of the Wild Rose chain settled for 7.3%.
It also provides monthly figures, available via iGamingBusiness.com, on the Italian online market in the Italy IGaming Dashboard, as well as quarterly figures on the Danish market in the Denmark iGaming Dashboard, the Spanish market in the Spain iGaming Dashboard, and the Portuguese market in the Portugal iGaming Dashboard.
A European corporate advisory firm, Ficom Leisure is a specialist in all segments of the betting and gaming sector.