Iowa reveals month-on-month betting revenue and handle declines in May

first_img Subscribe to the iGaming newsletter Tags: Revenue Handle Iowa May AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Net receipts for the month amounted to $6.1m (£4.3m/€5.0m), which was 20.8% lower than the $7.7m recorded in April of this year, marking the second consecutive month of decline in Iowa. The Iowa Racing and Gaming Commission (IRGC) has reported a month-on-month decline in sports betting revenue and handle for May. Online remained the primary source of sports betting income in Iowa, with revenue for the month reaching $4.8m, some way ahead of retail sportsbook revenue on $1.3m. Revenue was up 1,117.4% from $501,062 in the same month last year, though the May 2020 figures were severely impacted by the novel coronavirus (Covid-19) pandemic. 11th June 2021 | By Robert Fletcher Betting options in May 2020 were significantly limited as many sports events were forced to cancel or postpone due to the pandemic, while players in Iowa could only bet online as retail sportsbooks were closed for the entire month. Sports betting Topics: Sports betting Online sports betting Retail sports betting Read the full story on iGB North America. Regions: Iowa Iowa reveals month-on-month betting revenue and handle declines in May Email Addresslast_img

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