Sports betting thrives at Sioux casino

Sports betting at the Sioux casino in Iowa pushed the Hard Rock venue's revenue up.
Sports betting at the Sioux casino in Iowa pushed the Hard Rock venue's revenue up.

The sports betting segment at the Hard Rock Hotel & Casino Sioux City got US$1.2 million from wagers during its first full month of operations.

US.- Iowa’s Hard Rock Hotel & Casino Sioux City recently launched its sportsbook, which is already thriving. The segment has only been operational for over a month and got a great reception in the area.

During the first full month of sports betting operations at the Sioux casino, punters wagered over US$1.2 million.

The venue launched its sportsbook just over a month after Iowa legalised the segment. Between September 20-30, casino handle reached US$283k and, in October, jumped to US$$1.22 million.

Anthony Torres, said the downtown casino is well on its way to exceeding its initial sportsbooks projections.

“We’re going to hit the six month’s goal in 103 days,” Hard Rock’s director of sportsbook operations Anthony Torres said. “I’m really excited about the volume we’ve been getting. The customer loyalty has been outstanding.”

Iowa sports betting

The Iowa Racing and Gaming Commission (IRGC) gathered in August in West Des Moines to discuss and vote possible regulations for the sports betting industry. The IRGC approved the proposed rules and gambling facilities in the state are now eligible to launch sports betting on August 15.

The rules obtained unanimous approval by the IRGC. The sports betting licences for 18 of the 19 casinos in the state also received the green light.

Racing and Gaming Commission Administrator Brian Ohorilko said that the commission will meet the casinos in the next two weeks: “Those meetings are intended to work through every control that’s required in the rules to give feedback to the operators. [This is so] they know if they are okay in certain areas — or there are areas where they still need to go back and beef up.”

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