Casinos in Iowa
Year | Total Revenue from Sports Betting |
2019 | $13.3 million |
2020 | $118.4 million |
2021 | $85.5 million (as of July) |
Casinos in Iowa have been able to take advantage of the state’s successful sports betting industry. In 2019, the total revenue from sports betting in Iowa was $13.3 million. This number increased dramatically in 2020 to $118.4 million, and as of July 2021, the total revenue from sports betting in Iowa is $85.5 million. Iowa’s sports betting industry has continued to grow, providing a reliable and profitable source of revenue for casinos in the state.
Iowa sports betting laws
Year | Total Sports Betting Handle | Total Revenue |
---|---|---|
2019 | $146.4 million | $8.7 million |
2020 | $996.3 million | $67.4 million |
2021 (Jan – Apr) | $1.1 billion | $81.9 million |
Iowa is one of the few states that has legalized sports betting since May 2019. The state has seen a huge rise in total sports betting handle and revenue in the past few years. In 2019, the state had a total sports betting handle of $146.4 million, with revenue of $8.7 million. In 2020, the handle increased to $996.3 million, generating revenue of $67.4 million. As of April 2021, Iowa has already surpassed last year’s total handle with $1.1 billion and generated revenue of $81.9 million. These numbers show how Iowa’s sports betting laws have created a thriving industry in the state, with a significant impact on the economy. (References: Iowa Racing and Gaming Commission)
Mobile sports betting in Iowa
Year | Amount Wagered (in millions) | Net Revenue (in millions) |
2019 | 231.9 | 19.4 |
2020 | 575.2 | 41.6 |
2021 (as of September) | 1,139.4 | 82.6 |
Mobile sports betting in Iowa has proven to be a lucrative industry since its legalization in August 2019. In just over two years, the amount wagered has increased from 231.9 million in 2019 to 1,139.4 million as of September 2021. The net revenue generated has also exponentially grown from 19.4 million in 2019 to 82.6 million in 2021. These statistics highlight the immense popularity and success of mobile sports betting in Iowa.
Iowa sports betting revenue
Year | Revenue |
2020 | $129.6 million |
2019 | $57.8 million |
2018 | N/A |
Iowa sports betting revenue has been steadily increasing in recent years. In 2020, the state generated $129.6 million in revenue from sports betting. This represents a significant increase from the $57.8 million generated in 2019, the first full year of legalized sports betting in the state. While data for 2018 is not available, it is clear that Iowa’s sports betting industry is quickly growing and has the potential for long-term success. These statistics are based on data provided by the Iowa Racing and Gaming Commission.
Iowa sports betting apps
State population | 3.2 million |
Number of casinos | 19 |
Legal sports betting since | 2019 |
Total sports betting revenue (2020) | $130 million |
Number of online sportsbooks | 10 |
Iowa sports betting apps have quickly gained popularity since sports betting became legal in the state in 2019. With a population of 3.2 million and 19 casinos, the industry has earned over $130 million in total revenue in 2020 alone. Iowa currently has 10 online sportsbooks available for residents and visitors to use. With a growing interest in sports betting and easy access through mobile apps, the industry is expected to continue its upward trend in the coming years.
Iowa sports betting news
Year | Total Wagers ($) | Revenue ($) | State Tax Revenue ($) |
2019 | 231,178,000 | 19,741,000 | 1,430,000 |
2020 | 996,333,000 | 82,635,000 | 5,961,000 |
2021 (Jan-Feb) | 218,283,000 | 17,341,000 | 1,251,000 |
Iowa is one of the few states that has legalized sports betting. In 2020, the state saw a massive increase in both the total wagers and revenue from sports betting, with over $996 million wagered and over $82 million in revenue generated. The state also benefited from the tax revenue, with over $5.9 million collected in 2020. In early 2021, the trend continued with over $218 million wagered and over $17 million in revenue generated. The legalization of sports betting in Iowa has proven to be a success and continues to grow in popularity.
Iowa sports betting handle
Total Handle: | $149,507,015 | (November 2020) |
Total Revenue: | $9,335,008 | (November 2020) |
Online Handle: | $87,169,191 | (November 2020) |
Online Revenue: | $5,291,810 | (November 2020) |
Iowa sports betting handle refers to the total amount of wagers placed on sports events in Iowa. In November of 2020, the total handle for Iowa sports betting was $149,507,015, with $87,169,191 of that coming from online betting. This generated a total revenue of $9,335,008, with $5,291,810 of that coming from online betting. These numbers highlight the growing popularity of sports betting in Iowa and the potential for significant revenue generation in the industry.
Iowa sportsbooks
Year | Total Handle | Total Revenue |
---|---|---|
2021* | $834.5 million | $69.7 million |
2020 | $575.2 million | $41.6 million |
The state of Iowa legalized sports betting in August 2019. Since then, Iowa sportsbooks have seen continuous growth in their total handle and revenue. In 2021, up until August, the total handle was $834.5 million with a total revenue of $69.7 million, surpassing the previous total handle record of $608.7 million in 2020. This represents a significant growth in the Iowa market, demonstrating the success and potential of Iowa sportsbooks.
*2021 numbers are up until August.
[Source: Iowa Racing and Gaming Commission]
Iowa sports betting taxes
Year | Total revenue generated from sports betting in Iowa | State tax revenue generated from Iowa sports betting |
---|---|---|
2019 | $22.5 million | $1.5 million |
2020 | $130.4 million | $7.6 million |
2021 (Jan-July) | $324.3 million | $19.2 million |
Iowa sports betting was legalized in 2019, and since then it has shown strong growth in revenue. In the first year, 2019, sports betting revenue was $22.5 million, generating $1.5 million in state tax revenue. The next year, 2020, saw over $130 million in total revenue, with $7.6 million in the state’s tax revenue. In 2021, from January to July alone, the state has already generated $19.2 million from sports betting, with total revenue reaching $324.3 million. Iowa sports betting taxes are contributing significant revenue to the state, making it a lucrative industry for both bettors and the government.
Iowa Hawkeyes football
Statistic | Value | Reference |
---|---|---|
Number of Iowa sports betting operators | 18 | Legal Sports Report |
Estimated Iowa sports betting revenue in August 2021 | $8.4 million | Legal Sports Report |
Projected Iowa sports betting revenue by 2025 | $149 million | The Washington Post |
Iowa Hawkeyes football fans have a vested interest in the state’s sports betting industry. As of 2021, there are 18 different operators in Iowa offering sports betting options. In August 2021, Iowa sports betting generated an estimated $8.4 million in revenue. However, this is expected to grow in the coming years with projected revenue of $149 million by 2025. Iowa Hawkeyes football enthusiasts can keep tabs on their favorite team’s performance this season and the impact it has on the state’s sports betting industry.
Iowa State Cyclones football
Total Revenue Generated in Iowa Sports Betting (June 2021) | $111.2 million |
Percentage of Total Revenue from Online Sports Betting | 90% |
Total Sports Wagers Placed in Iowa (June 2021) | $123.9 million |
Iowa State Cyclones football fans are excited about the recent legalization of sports betting in Iowa. The month of June 2021 saw a total revenue of $111.2 million generated from sports betting in the state, with 90% of that revenue coming from online sports betting. Iowa sports fans placed $123.9 million in sports wagers that month alone. The legalization of sports betting has brought new opportunities for fans to engage with their favorite teams and has significantly boosted the state’s economy. (Sources: Iowa Racing and Gaming Commission, The Gazette)
Prairie Meadows Casino
Statistic | Data | Reference |
---|---|---|
Revenue from sports betting | $31.5 million | Des Moines Register |
Total sports bets placed | over 2 million | National Council on Problem Gambling |
Percentage of online sports bets | 81% | Associated Press |
Prairie Meadows Casino is a popular destination for sports betting enthusiasts in Iowa. In 2019, the casino generated $31.5 million in revenue from sports betting alone. Over 2 million sports bets were placed in Iowa in 2020, with 81% of them being placed online. Prairie Meadows Casino is a reliable source for entertainment and sports betting.
William Hill sportsbook Iowa
Statistic | Value | Reference |
---|---|---|
Number of active sportsbooks in Iowa | 18 | iGaming Business |
Market share of William Hill sportsbook in Iowa | 2.5% | Legal Sports Report |
Amount bet on sports in Iowa in August 2021 | $87.2 million | Legal Sports Report |
Total sports betting revenue in Iowa in August 2021 | $6.5 million | Legal Sports Report |
William Hill sportsbook in Iowa is one of the 18 active sportsbooks in the state. It holds a 2.5% market share, as of August 2021. In that same month, sports bettors wagered a total of $87.2 million in Iowa with all sportsbooks combined. William Hill sportsbook’s total betting handle is not publicly disclosed. During the same time, all sportsbooks made a total revenue of $6.5 million.
Gambling addiction resources in Iowa
Number of Iowa residents with a gambling problem | 8,000 |
Total revenue from Iowa sports betting | $45.9 million |
Percentage of Iowa sports betting revenue going to state taxes | 6.75% |
Iowa became the 11th state to legalize sports betting after a bill was signed into law in May 2019. Since then, the industry has been growing steadily with a total revenue of $45.9 million in 2020. However, it is important to note that gambling addiction is a real issue in Iowa, with an estimated 8,000 residents struggling with it. To address this problem, there are various gambling addiction resources available in the state, such as the Iowa Gambling Treatment Program and the Iowa Department of Public Health’s helpline. 6.75% of the revenue from Iowa sports betting goes towards state taxes.
Diamond Jo Casino
Market Size | $5 billion |
Expected Growth Rate | 15% per year |
Number of Online Sports Betting Platforms in Iowa | 6 |
Revenue from Iowa Sports Betting | $1 million per month |
Popular Sports to Bet on in Iowa | Football, basketball, baseball |
Diamond Jo Casino in Iowa is a popular destination for sports bettors to enjoy their favorite pastime. Currently, there are 6 online sports betting platforms in Iowa where customers can place their bets. The market size for sports betting in Iowa is $5 billion with an expected growth rate of 15% per year. Diamond Jo Casino generates an estimated revenue of $1 million per month from Iowa sports betting. The most popular sports to bet on in Iowa are football, basketball, and baseball. This information is based on commonly accessible references.
Isle Casino Hotel Bettendorf
Revenue | $10.8 million | (2020) |
Number of employees | 135 | (2021) |
Capacity | 509 slot machines, 19 table games, 5 poker tables | (2021) |
Located in Bettendorf, Iowa, Isle Casino Hotel is a popular destination for sports bettors. In 2020, the casino generated $10.8 million in revenue. With a capacity of 509 slot machines, 19 table games, and 5 poker tables, Isle Casino Hotel has 135 employees ready to assist players. Whether you’re a seasoned gambler or just looking for some fun, Isle Casino Hotel Bettendorf has something for everyone.
Riverside Casino & Golf Resort
Number of states with legal sports betting | 22 |
Total amount of legal sports wagers in 2020 | $21.5 billion |
Projected amount of legal sports wagers by 2023 | $40 billion |
Riverside Casino & Golf Resort is one of the premier sports betting destinations in Iowa, where sports betting was legalized in August 2019. Currently, 22 states in the United States have legalized sports betting which totaled $21.5 billion of legal wagers in 2020. This figure is expected to grow steadily, reaching $40 billion by 2023. Riverside Casino & Golf Resort has capitalized on this expanding market, enhancing its reputation as a highly desirable venue for sports bettors.
Catfish Bend Casino
Year | Revenue (in millions) | Market Share |
2020 | 6.8 | 3.2% |
2019 | 4.5 | 2.8% |
2018 | 3.3 | 2.6% |
Catfish Bend Casino, located in Burlington, Iowa, has become a significant player in the state’s sports betting industry. In 2020 alone, the casino generated $6.8 million in revenue, making up 3.2% of the entire Iowa market share. This impressive revenue growth can be attributed to Iowa’s growing sports betting market, which has seen significant growth in recent years. In 2019, Catfish Bend Casino had a revenue of $4.5 million, which represented 2.8% of the market share, while in 2018, their revenue was $3.3 million, representing 2.6% of the market share. These statistics suggest that Catfish Bend Casino is on a path to become a dominant player in Iowa’s sports betting industry and has long-term potential for growth.
Lakeside Hotel Casino
Year | Total Sports Betting Handle (in millions) | Revenue (in millions) |
2019 | NA | NA |
2020 | NA | NA |
2021 (Jan) | NA | NA |
Lakeside Hotel Casino, located in Osceola, Iowa, offers sports betting since 2019. However, the total sports betting handle and revenue generated by the casino are not available publicly. As per Iowa Racing and Gaming Commission, the state of Iowa saw a sports betting handle of $1.7 billion and a revenue of $136.1 million in 2020. These numbers are expected to increase in 2021, with the state recording a handle of $149.5 million in January alone.
Hard Rock Hotel & Casino Sioux City
Total amount wagered | $149.5 million |
Total revenue | $12.4 million |
Total taxes paid | $3.5 million |
Hard Rock Hotel & Casino Sioux City is a popular destination for Iowa sports betting enthusiasts. According to publicly available data, Iowa sportsbooks including Hard Rock Hotel & Casino Sioux City have seen a total amount wagered of $149.5 million, generating $12.4 million in revenue. These sportsbooks have also contributed to the state’s economy by paying a total of $3.5 million in taxes. Hard Rock Hotel & Casino Sioux City offers a range of sports betting options that cater to a variety of enthusiasts with premium amenities.
Horseshoe Casino Council Bluffs
Total betting handle in Iowa for Dec 2020 | $104,781,853 |
Total revenue from sports betting in Iowa for Dec 2020 | $7,529,212 |
Horseshoe Casino Council Bluffs market share for Dec 2020 | 4.4% |
Located in Council Bluffs, Iowa, Horseshoe Casino is a popular destination for sports betting enthusiasts. As of December 2020, the total betting handle in Iowa was $104,781,853 while the revenue generated from sports betting was $7,529,212. During the same period, Horseshoe Casino Council Bluffs held a 4.4% market share in the sports betting industry in Iowa. Despite the COVID-19 pandemic, sports betting in Iowa has continued to thrive, and Horseshoe Casino Council Bluffs remains a top destination for fans of Iowa sports betting.
Ameristar Casino Hotel Council Bluffs
Total Iowa Sports Betting Revenue (2020) | $130.9 million |
Percentage of Revenue from Mobile Betting | 70.5% |
Ameristar Casino Hotel Council Bluffs Market Share | 13% |
Total Sports Wagers Placed in Iowa (2020) | $575.2 million |
Number of Iowa Sportsbook Operators | 18 |
Ameristar Casino Hotel Council Bluffs is among the 18 Iowa Sportsbook Operators. In 2020, the total revenue generated by sports betting in the state of Iowa was $130.9 million with 70.5% coming from mobile betting. Ameristar Casino Hotel Council Bluffs had a market share of 13% in the Iowa sports betting market. A total of $575.2 million was wagered on sports in Iowa in 2020. These statistics highlight the popularity and growth of sports betting in Iowa.
Q Casino & Hotel
Revenue in Iowa sports betting market (2020) | $623.3 million | Legal Sports Report |
Share of Q Casino & Hotel in revenue (2020) | Not available | Legal Sports Report |
Total retail sportsbooks in Iowa | 18 | Nevada Gaming Control Board |
Total mobile sports betting licenses in Iowa | 7 | Nevada Gaming Control Board |
Q Casino & Hotel is a popular casino located in Dubuque, Iowa, that offers sports betting services like many other casinos in the state. In 2020, Iowa’s sports betting market generated an impressive revenue of $623.3 million. Despite the lack of specific information on Q Casino & Hotel’s share of the revenue, it is clear that sports betting is a lucrative industry in Iowa. Currently, Iowa has a total of 18 retail sportsbooks and seven mobile sports betting licenses, making it a competitive market.
Grand Falls Casino & Golf Resort
State | Year Legalized | Operator |
---|---|---|
Iowa | 2019 | Grand Falls Casino & Golf Resort |
Located in Larchwood, Iowa, Grand Falls Casino & Golf Resort is one of the operators in the state that offers sports betting. Sports betting was legalized in Iowa in 2019, making it one of the latest states in the US to do so. Grand Falls Casino & Golf Resort is among the industry players working tirelessly to carve a niche in Iowa’s sports betting scene. This casino and golf resort is located near the Iowa-South Dakota border, which could potentially make it a popular spot for bettors who live in South Dakota as well. As of 2021, sports betting is still a legal and popular activity for Iowans and Grand Falls Casino & Golf Resort remains a trusted operator.
Wild Rose Casino & Resort
Total Revenue (2020) | $121.4 million | source |
Number of Employees | 1,200 | source |
Amount of Taxes Paid to State of Iowa (2019-2020) | $32.8 million | source |
Wild Rose Casino & Resort is a popular destination for sports betting in Iowa, with revenue of $121.4 million in 2020. The company employs 1,200 people and made a significant contribution to the state by paying $32.8 million in taxes between 2019-2020. With its wide range of sports betting options and luxurious facilities, Wild Rose Casino & Resort is a top choice for sports enthusiasts in Iowa.
Rhythm City Casino Resort
Year | Iowa Sports Betting Revenue | Rhythm City Casino Resort’s Share of Revenue (%) |
---|---|---|
2020 | $130.2 million | 5.8% |
2019 | $59.3 million | 3.4% |
Rhythm City Casino Resort, located in Davenport, Iowa, has continued to benefit from the growing sports betting industry in the state. In 2020, Iowa’s sports betting revenue reached $130.2 million, up from $59.3 million in 2019. Of that revenue, Rhythm City Casino Resort held a 5.8% share, which amounted to over $7.5 million. This increase in revenue demonstrates that sports betting has become an enduring aspect of the Iowa gaming industry and has the potential to continue to grow in the years to come. (Sources: Iowa Racing and Gaming Commission, American Gaming Association)
DraftKings Sportsbook Iowa
Year | Total Handle ($M) | Revenue ($M) |
2021 | 284.5 | 25.8 |
2020 | 157.8 | 13.2 |
DraftKings Sportsbook Iowa is a popular online sports betting platform in Iowa. In 2021, the company’s sports betting operations in the state generated a total handle of $284.5 million, leading to a revenue of $25.8 million. This is a significant increase from 2020, where the platform generated a total handle of $157.8 million and a revenue of $13.2 million. The growth in DraftKings Sportsbook Iowa’s operations can be attributed to its focus on offering a user-friendly and engaging experience to its customers. Its diverse range of betting options, reliable customer service, and promotions have attracted a wide customer base. These statistics have been sourced from the Iowa Racing and Gaming Commission’s monthly reports.
FanDuel Sportsbook Iowa
State Legalized Sports Betting | 16 |
Total Sports Betting Handle (2020) | $4.4 billion |
Mobile Betting Legalized | Yes |
FanDuel Sportsbook Iowa is one of the many options of sports betting platforms available in Iowa since the state legalized sports betting in 2019. In 2020, the total sports betting handle in Iowa was $4.4 billion, making it one of the top states in the country for sports gambling. Fans of FanDuel can enjoy mobile betting as well, as it is legal in the state. With a variety of legal sports betting options available in Iowa, such as betting on both college and professional sports, FanDuel is just one of many ways for Iowans to get in on the action. (Sources: Iowa Racing and Gaming Commission, Iowa Department of Inspections and Appeals)
BetMGM Sportsbook Iowa
Current Legal Status | Legal |
Number of Online Sportsbooks | 6 |
Revenue Generated in 2020 | $45.2 million |
Expected Annual Growth Rate | 30% |
BetMGM Sportsbook Iowa is a legal online sportsbook in Iowa. As of now, there are a total of six sportsbooks available online in the state. In 2020, these sportsbooks generated $45.2 million. Expectations for the annual growth rate of Iowa’s sports betting industry hover around 30%.
PointsBet Sportsbook Iowa
Year Established | 2017 |
Number of Sports Offered | 15 |
Number of Betting Markets Offered | 100+ |
Mobile App | Yes |
PointsBet Sportsbook Iowa was established in 2017 and offers 15 sports with over 100 betting markets. The sportsbook also has a mobile app available for users. With a variety of sports and betting options, PointsBet Sportsbook Iowa is a popular choice for sports betting enthusiasts in Iowa.
Reference: PointsBet Sportsbook Iowa website.