Iowa Racing and Gaming Commission reports $22.1m January betting revenue
Iowa’s Racing and Gaming Commission reported nearly $22.1 million in adjusted gross sports betting revenue for January, with nearly $259.5 million wagered. The statewide hold was 8.5%, and the state received nearly $1.5 million in taxes. DraftKings led mobile apps in handle and revenue, while FanDuel recorded its highest Iowa revenue to date, according to the report.
The report gives operators and investors current revenue, handle and tax figures for Iowa’s sports betting market.