Iowa October Sports Betting Handle Up 13% to Record $81.9M
October was another record-setting month for Iowa sportsbooks.
The state saw its highest total sports betting handle, mobile handle and revenue for a single month, breaking September’s totals.
The numbers released by the state on Monday showed that Iowa recorded $81,902,416 in total sports betting handle, up 13.1% from September’s $72,397,241. It was an increase of 76.1% over October 2019’s $40,500,431, which was the second full month for Iowa sports betting.
RELATED: More on Iowa sportsbooks and gaming
Currently, Iowa 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.
Although the mobile handle of $56,886,207 for October was a record, it was just 69.5% of the total handle. New Jersey, which has set national records the past two months for total handle, and Pennsylvania see about 90% of their wagers made online/mobile. Indiana, another Midwest state, saw 86% of its September handle via mobile/online.
When the in-person registration requirement ends, the mobile numbers should increase in January.
Iowa Sports Betting Revenue & Handle, October vs. September
|Revenue||Mobile Handle||Total Handle|
|Change||Up 76.1%||Up 13.7%||Up 13.1%|
Other Key Iowa Numbers
Other record-setting numbers in the October report from the Iowa Racing & Gaming Commission include:
The mobile sports betting handle was an increase of 13.7% from September’s $50,010,623 and up 119% from the October 2019 total of $25,923,748. 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).
Total sports betting revenue came in at $9,098,995, up 76.1% from September’s $5,167,819 and a whopping 60.8% over October 2019’s total of $5,658,131.
Iowa Sportsbooks by the Numbers
FanDuel saw big increases in October from its Diamond Jo Dubuque and Worth sportsbooks. At Worth, total handle for October was $8,312,492, a 36% increase over September’s $6,098,247, while Dubuque had $5,282,935 in total handle, up 34% over September ($3,933,393).
Prairie Meadows Casino near Des Moines continued to see the most bets placed with $19,820,385 in total handle in October, an increase of 8% over $18,299,275 in September. Most of October’s handle came online, where 92.8% of the handle was from mobile betting.
Wild Rose in Jefferson continued its run of increased handle month over month with $8,187,998 in October, up from $6,918,601 in September. Mobile betting made up 98% of October’s handle.
Riverside Casino handled $6,105,396 in bets in October, up from $5,606,663 in September. The Isle Casino Waterloo had $6,036,351 in October, slightly down from $6,458,241 in September. The Ameristar Casino in Council Bluffs saw $5,614,650 in October, also a slight decrease from $5,667,710 bet in September
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