Iowa casinos generate $132.63m in October 2026 gaming revenue
Regulation1 min read
Iowa casinos recorded $132.63 million in adjusted gross revenue in October 2026, while sports wagering revenue was $28.18 million, the Iowa Racing and Gaming Commission said. The state collected $27.20 million in casino gaming taxes and $1.90 million in sports wagering taxes; the commission said promotional play has been excluded from monthly and fiscal-year figures since July 2026.
Iowa casino gaming revenue fell 6.15% to $132.63m in October 2026 compared with October 2025, according to figures provided to the Iowa Racing and Gaming Commission. Licensed casinos and sports wagering operators generated $29.10m in Iowa state tax revenue in October 2026.
Casino gaming taxes totalled $27.20m, up 2.47% from October 2025. The casino revenue figure represents adjusted gross revenue.
Sports wagering revenue reached $28.18m in October, down 2.42% from the previous October. The reported wagering handle was $314.50m. The notice also gives a different decline for sports wagering revenue, reporting a 2.00% drop from October 2025. State sports wagering taxes were $1.90m, down 2.42% compared with October 2025.
Casino revenue figures for months and fiscal years exclude promotional play beginning in July 2026. SF619 initiated a gradual withdrawal of taxes on promotional play in fiscal year 2022. The tax change likely contributed to the fall in adjusted gross revenue, Administrator Tina Eick said.
Iowa had 19 state-licensed casinos operating as of September 2026. Ten state-licensed entities currently offer online sports betting in the state.