FanDuel retains top spot as Iowa betting revenue and handle climb
The Iowa Racing and Gaming Commission reported a year-on-year increase in sports betting revenue and handle in the US state in July, with FanDuel partner Diamond Jo Casino in Dubuque retaining top spot in the market.
Total market revenue for the month amounted to $7.1m (£5.1m/€6.0m), up 222.7% from $2.2m in July last year, but 15.5% lower than $8.4m in June this year.
Revenue from online wagering in July reached $6.2m, while the remaining $936,793 was generated at retail sportsbooks across the state.
In terms of handle, consumers spent a total of $88.9m betting on sports during the month, some 288.2% higher than $22.9m in July 2020, but 20.1% lower than $111.2m in June this year.
Players spent $77.9m betting online and $11.0m at retail facilities, winning $81.8m in the process.