Iowa Sports Betting Handle Drops to $114.8M for Month of May

The latest sports wagering monthly revenue report from the Iowa Racing and Gaming Commission shows that the state's operators posted a sports betting handle of $114,882,963.30 for the Month of May.

Iowa Sports Betting Handle Drops to $114.8M for Month of May - Friday, June 11th, 2021 2:21

Iowa Sports Betting Handle Drops to $114.8M for Month of May from the Iowa Racing and Gaming Commission shows that the state’s operators posted a sports betting handle of $114,882,963.30 for the Month of May.

May’s figures mark a drop of 3% on April’s handle of $118,355,535.01 and a significantly lower handle than 2021’s record month of March when operators took in $161,439,561.27 in bets.

Online sportsbooks accounted for 87% of bets with a handle of $99,916,367.39 paying out $95,091,786.13 in winnings. Meanwhile, retail sportsbooks attracted only $14,966,595.91 in bets paying out $13,657,700.02 in winnings.

Iowa Sports Betting Handle Drops to $114.8M for Month of May Iowa Sports Betting Handle Drops to $114.8M for Month of May

The Ameristar II posted the highest retail handle at $4,604,824.03 while it was the Diamond Jo Dubuque that took in the most internet bets with a handle of $15,943,372.91.

Olivia Richardson

Iowa Sports Betting Handle Drops to $114.8M for Month of May