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Iowa sports betting stakes top $100m in December

11th January 2021 7:26 am GMT
Des Moines Iowa

Iowa’s licensed sports betting operators collected more than $100m in monthly wagers for the first time in December.

The state’s 18 operational sportsbooks saw wagers increase by 77 per cent compared to a year ago to a record monthly high of $104.8m, comprised of online sports betting of $78.1m and retail wagers of $26.7m.

Total payouts during the month amounted to $97.3m, generating total sports betting net receipts of $7.5m, an increase of 160 per cent year-on-year. [...]

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