Iowa November Sports Betting Handle Tops $87 Million
Iowa sportsbooks delivered another record-setting month in November.
The state saw its total sports betting and mobile handles reach all-time monthly highs, breaking October’s totals. Iowa recorded $87.2 million in total sports betting handle, up 6.4% from October’s $81.9 million, according to figures released by the state Friday. It was an increase of 46.9% over November 2019’s $59.3 million, the third full month for Iowa sports betting.
RELATED: More on Iowa sportsbooks and gaming
The mobile sports betting handle ($62.4 million) was an increase of 9.7% from October’s $56.9 million and up 85.4% from the November 2019 total of $33.7 million. Of the 18 Iowa casinos allowing sports bets, 17 have mobile sports betting (Harrah’s Council Bluffs Casino & Hotel and Horseshoe Casino Council Bluffs added mobile sports betting in October).
Iowa still has a strict-in-person registration requirement for sports betting. But wagering on games will become more accessible when that requirement ends on Jan. 1, 2021.
Indiana, another Midwest state, reported its November figures on Thursday and had a record $251.4 million in total handle and revenue of $25.3 million.
Iowa Sports Betting Revenue & Handle, November vs. October
|Total Handle||Mobile Handle||Revenue|
|Change||Up 6.4%||Up 9.7%||Down 10.5%|
Other Key Numbers in Iowa
Other numbers in the November report from the Iowa Racing & Gaming Commission include:
Total sports betting revenue came in at $8.1 million, down 10.5% from October’s $9.1 million. But it was up 126.2% over November 2019’s total of $3.6 million.
The mobile handle for November was a record and it was 71.6% of the total handle, up 2% from the percentage in October. But it’s still below what other states produce on mobile. Indiana, for example, saw 85% of its November total handle on mobile. New Jersey and Pennsylvania typically are around 90% mobile.
When the in-person registration requirement ends at the end of this month, the mobile numbers should begin to increase.
Iowa Sportsbooks by the Numbers
Prairie Meadows Casino near Des Moines had the highest bet total in November with $19.2 million, which was down slightly from October’s $19.8 million. Most of the November handle was via online at 92.2%.
FanDuel continues to see increases from its Diamond Jo Worth and Dubuque sportsbooks. At Worth, total handle for November was $8.8 million, which was up from October’s $8.3 million, while Dubuque had $6.6 million in November handle, an increase from October’s $5.3 million.
Wild Rose in Jefferson continued its run of increased handle month over month with $10.7 million, an increase of 24% over October’s $8.2 million. Mobile betting made up 98% of November’s handle.
Riverside Casino handled $6.4 million in November wagering, up slightly from October. The Isle Casino Waterloo had $5.8 million in November, down from $6 million in October. Horseshoe Casino in Council Bluffs had $5.5 million in November handle, while the Ameristar Casino in Council Bluffs, a retail-only location, saw $5.3 million.
888 Coming to Iowa in 2021
International gaming company 888 Holdings, which operates 888sport in the U.S., announced on Dec. 2 that it will be entering the Iowa sports betting market in 2021.
The company said it reached a multiyear agreement with Catfish Bend Casinos II LLC in Burlington. In addition to Iowa, 888sport will also enter the Indiana and Colorado sports betting markets, agreeing to partnerships with the Grande Casino in Cripple Creek, Colorado; and Caesars Entertainment’s Harrah's Hoosier Park in Anderson, Indiana, about 30 miles northeast of Indianapolis.
With the three additions, 888sport will now be in six states, having already entered the Delaware, Nevada and New Jersey online casino gambling markets. 888Holdings is based in Gibraltar and is listed on the London Stock Exchange.
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