Iowa Online Sports Betting Handle Reaches $295M in October
In October 2024, online sports betting in Iowa saw a 15.5% year-over-year increase in handle, reaching $294.9 million. However, revenue declined compared to the same period last year.
Iowa Reports $295M in Handle
Iowa’s sports betting handle totaled $294.9 million in October 2024, reflecting a 15.5% increase from October 2023.
Despite the higher handle, sports betting revenue fell from $24.1 million to $18.4 million year-over-year, marking a 32.8% decline compared to September 2024.
Only two operators reported year-over-year revenue growth, further indicating that October was a strong month for bettors, as operators paid out higher winnings.
Performance by Operators
DraftKings led the Iowa market in October with $110 million in handle and $7.2 million in revenue. FanDuel followed, recording $76.3 million in handle and $5.8 million in revenue.
Other notable performances include:
- Caesars: $28 million in handle, $1.9 million in revenue.
- BetMGM: $20 million in handle, $1.1 million in revenue
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