FanDuel still on top as Iowa records sports wagering revenue increase
| By Nosa Omoigui
Iowa recorded sports wagering revenue figures of $8.4m (£6.1m/€7.1m) for June – a 1254.8% increase on the same time last year.
The figure posted also represents an increase of 37.7% from the previous month.
The handle for sports wagering decreased compared to May, dropping 3.2% to $111.2m. The payouts to customers also decreased to $102.8m, down from $108.7m last month. Compared to last year however, handle has skyrocketed by 775.6%, whilst payouts rose by 749.6%.
The number of retail bets being placed has increased to reflect the constant easing of coronavirus restrictions. $16.1m was wagered in retail outlets in June, compared to $14.9m in May.