FanDuel retains top spot as Iowa betting revenue and handle climb
| By Robert Fletcher
The Iowa Racing and Gaming Commission reported a year-on-year increase in sports betting revenue and handle in the US state in July, with FanDuel partner Diamond Jo Casino in Dubuque retaining top spot in the market.
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Total market revenue for the month amounted to $7.1m (£5.1m/€6.0m), up 222.7% from $2.2m in July last year, but 15.5% lower than $8.4m in June this year.
Revenue from online wagering in July reached $6.2m, while the remaining $936,793 was generated at retail sportsbooks across the state.
In terms of handle, consumers spent a total of $88.9m betting on sports during the month, some 288.2% higher than $22.9m in July 2020, but 20.1% lower than $111.2m in June this year.
Players spent $77.9m betting online and $11.0m at retail facilities, winning $81.8m in the process.