Iowa’s Racing and Gaming Commission reported $272.4m in sports betting handle for March, up 17.1% year on year. The state collected $1.2m in tax during the month, bringing first-quarter 2024 tax receipts to $3.6m; mobile sportsbooks accounted for $252m of handle.
The figures give operators and regulators a measure of Iowa’s monthly betting activity and tax receipts.
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US online betting handle fell about 3% year on year in March, while gross gaming revenue increased as hold rates approached 9.6%, according to an industry tracker compiled by Stifel analysts. The tracker also reported online casino revenue growth of around 20% year on year in February; analysts noted that state reporting differences limit comparisons.
Stifel’s March US Online Gambling Tracker reported that online sports betting handle fell about 3% year on year in March, following a roughly 2% rise in February. It said March gross gaming revenue increased as operator hold rates approached 9.6%, while February revenue declined about 4%.
South Dakota’s Commission on Gaming reported that casino handle across slots, table games and sports betting exceeded $134 million in March. The total was up 5.4% from $127 million a year earlier; sports betting handle at seven casinos rose nearly 27% to $1.58 million.
New York’s State Gaming Commission reported mobile sports betting handle of more than $2.43bn in March. Gross gaming revenue was $161.8m, while fiscal 2024/25 handle reached $23.94bn, up from $19.89bn in 2023/24.
North Carolina bettors wagered a record $685 million in March, according to the North Carolina Lottery Commission’s latest report. Gross wagering revenue was $38.1 million, down 42.7% year on year, while the state collected approximately $6.9 million in tax revenue. The report did not provide performance figures for individual operators.