Retail net receipts came to $936,793.42 while mobile net receipts of $6,161,032.65 were posted giving the state combined sports betting net receipts of $7,097,826.07 which resulted in state taxes of $479,478.62.
The Prairie Meadows Racetrack was once again the market leader with a handle of $12,687,526.94 accounting for 14.26% of the overall handle. This was just marginally higher than its closest competitor the Diamond Jo Dubuque Casino with an overall handle of $12,679,973.64. The Q Casino continues to post the state’s lowest handle accepting just $458,611.72 in wagers throughout the month.
Iowa Sports Betting Handle Drops 20% to $88.9M for the Month of JulyJuly was also the first month that the Iowa Racing and Gaming Commission gave a breakdown of mobile sports betting according to online operators as opposed to previous reports that only listed handles according to their bricks and mortar casino partners. The report reveals that American Wagering Inc. was the market leader with a mobile handle of $28,673,139.31 followed closely by Crown IA Gaming LLC with $23,457,032.25. Meanwhile Twin River Management Group Inc. posted the lowest online handle of $65,934.79.
