Iowa posts first month-on-month betting handle increase since March

| By Richard Mulligan
Iowa saw a double-digit rise in betting volume during August as the state recorded its first month-over-month gain in betting handle since March, but revenue was down.

Iowa’s online and retail operators welcomed $108.4m of wagers during the final month before the start of the NFL season, up 116% year-on-year and 21% compared to July 2021.

Retail handle was $12.4m compared to $11.0m in July and almost 11 times the figure of August 2020 when severe COVID-19 restrictions were in force across the state’s casino properties.

Internet handle totalled $96.1m, compared to $78.5m in the previous month and just $35.0m in August 2020.

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