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Iowa sports betting handle doubles year-on-year in January


Bettors in Iowa staked $303.3m in the first month of 2022, meaning handle more than doubled year-on-year. 

Amounts wagered for January was up 102.9% from January 2021’s $149.5m total figures from the Iowa Racing and Gaming Commission show.

This was driven entirely by mobile betting, with customers staking $275.9m during the month, a 128.4% jump.

Caesars led the way in terms of handle, with customers staking $112.7m through its mobile sportsbook, setting it ahead of DraftKings which reported $68.9m in mobile stakes, and FanDuel on $44.1m.

For retail, it was the FanDuel sportsbook at the Diamond Jo Worth Casino that led the way, with $8.7m staked.

Penn National’s Ameristar II in Council Bluffs followed with customers wagering $5.4m at its Barstool Sportsbook, and the Caesars Sportsbook at Horseshoe Casino Council Bluffs on $3.9m.

From the statewide handle of $303.3m across all channels, players won back $289.1m, leaving gross revenue of $14.3m for January.

This marked a 25.8% improvement from the prior year, with almost all revenue ($12.0m) generated online, and just $2.3m from retail betting.