Iowa Sports Betting Revenue Increases To $2.2m In July

Iowa sports betting revenue increases to $2.2m in July. Sports betting revenue in Iowa rose to $2.2 m in July as the state continued to recover from the shutdown of sports and retail gambling venues from the novel coronavirus (Covid-19).

Revenue was up by 261.5% from $620,740 in June following the reopening of retail casinos after a period of closure that stretched back to mid-March. The state’s sports handle also jumped 80.3% month-on-month to $22.9m.

Online remained the primary source of sports betting revenue, generating a total of $1.3m in July from $17.8m in overall sports wagers.

Retail sales was $915,582, with more customers returning to brick-and – mortar stores, with bets worth $5.1 million made in person during the month.

[image: Drew Dau]

bitcoin
Bitcoin (BTC) $ 19,230.50 3.97%
ethereum
Ethereum (ETH) $ 1,042.21 5.55%
tether
Tether (USDT) $ 1.00 0.10%
usd-coin
USD Coin (USDC) $ 1.00 0.01%
bnb
BNB (BNB) $ 214.88 0.97%
binance-usd
Binance USD (BUSD) $ 1.00 0.23%
xrp
XRP (XRP) $ 0.316635 2.60%
cardano
Cardano (ADA) $ 0.451035 2.49%
solana
Solana (SOL) $ 32.78 3.37%
dogecoin
Dogecoin (DOGE) $ 0.065907 0.72%
S&P 500  ^GSPC 
$3,796.96  $21.87  (-0.57%)
Dow Jones Industrial Average  ^DJI 
$30,818.62  $210.69  (-0.68%)
NASDAQ Composite  ^IXIC 
$11,080.18  $97.71  (-0.87%)
Russell 2000  ^RUT 
$1,717.97  $1.40  (-0.08%)
Crude Oil Aug 22  F*CL.NYM 
$106.82  $2.96  (-2.70%)
   
$0.0000  $0.0000  (0.00%)