Sports betting in Iowa hits new record in March

Sports betting revenue in Iowa continues to increase.
Sports betting revenue in Iowa continues to increase.

Sports betting in Iowa had already set a new record in January. Revenue for March was up 75 per cent month-on-month.

US.- Sports betting in Iowa has been showing an uptick in the recent months and hit a new record in Match, with revenue of $13.45m. That’s an increase of 75.3 per cent on the $7.7m generated in February and breaks the previous record of 11.3m in January.

It also represents a 1,025 per cent increase on the US$1.2m reported in March 2020, when Covid-19 measures began.

Online sports betting accounted for $10.3m of total revenue in Match, ahead of retail at $3.1m.

Consumers spent $139.4m on internet sports betting during March, compared to $22.1m at retail sportsbooks. Online betting is no longer subject to an in-person registration requirement.

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