Iowa sports betting revenue rises despite handle drop in January
| By Robert Fletcher
Sports betting revenue in Iowa increased 15.4% year-on-year in January despite consumers in the state spending less on wagering.
Revenue for the month amounted to $16.5m, an increase from $14.3m in January last year but 19.1% behind $20.4m in December 2022.
Of this total, $15.3m was generated through online sports betting, while the remaining $1.3m in revenue came from retail wagering.