Iowa retail sportsbooks collectively lost $215,242 in February, the Iowa Racing and Gaming Commission reported, according to the report. Statewide operator revenue was $13.6m on $220.6m in handle, while the state collected $936,700 in taxes. Mobile wagering accounted for more than 92% of handle.
The results show the contrast between retail sportsbook losses and overall state betting revenue and tax receipts.
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Maine’s online and retail sportsbooks took $42.0 million in wagers in February, up 1% from the same month in 2025, according to reported figures.
New Jersey sportsbooks generated $846.4m in wagers in February, reportedly ending a run of monthly handles above $1bn. Sports betting revenue fell 10% year on year, according to the report.
Missouri launched legal sports betting on 1 December, with eight mobile sportsbooks and seven retail venues accepting wagers, according to the report. The Missouri Gaming Commission said residents can now bet on sporting events; one fewer mobile operator launched than initially planned after Underdog withdrew its licence application.
Iowa sportsbooks took $618.6 million in bets in the third quarter of 2025, reportedly 7% more than a year earlier.
Penn Entertainment plans to launch ESPN Bet-branded sportsbooks at 10 more venues across the USA. The locations include casinos in Iowa, Pennsylvania, Ohio, Colorado, Illinois, Indiana and West Virginia, according to the report.