Iowa smashes sports betting handle record again in October

| By Robert Fletcher
Consumers in Iowa spent a total of $280.9m (£208.2m/€242.7m) betting on sports during October, marking the second consecutive month in which the US state set a new handle record.

Revenue in October amounted to $6.6m, up 27.8% year-on-year from $2.8m in October of 2020 and also 14.7% higher than the $5.7m generated in September this year – ending three consecutive months of revenue decline.

Online betting accounted for $3.5m of total revenue for October, while revenue from retail wagering reached $3.0m.

Looking at handle, player spending was up 243.0% year-on-year from $81.9m in October 2020 for a new record high, marking a 33.5% increase on the previous record of $210.4m set in September this year.

Read the full story on iGB North America.

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