Iowa reports record wagering for September

Iowa has reported record sports wagering for September, with over $200m in bets

Iowa has reported tape sports wagering for September, with o'er $200m inward bets. The previous enter was readiness inwards March 2021 with $161.4m.

According to official data, gamblers wagered $210.4m at Iowa’s online and retail sportsbooks inwards September, upward 94% from $108.4m inwards August and up almost 191% from $72.4m inwards Sept 2020. The betting tread roseate to $6.8m day-to-day over the 30 days of Sep from $2.4m per solar day inwards Sep 2020.

Russ Michael, Lead Analyst for PlayIA, explained: “The first-class honours degree total month of football game was border to crown of thorns young thresholds, and I of the most-watched Cy-Hawk games in account pushed the volume to another level.

"By any measure, Sept was a remarkable month. And the time to come looks simply as vivid as the Hawkeyes remain among the nation’s best, teams of regional interest litter baseball’s postseason, and bettors get more and more well-off with online betting.”

Out of the summate amount wagered inwards September, $186.5m represented online bets (88.6% of the state’s handle); retail betting accounted for the remaining $23.9m; however, retail sportsbooks generated $4.2m of the state’s $5.7m in combined network receipts.

Caesars led the online market with $66.5m inwards online bets; DraftKings followed with $64.8m inward online wagering. Ameristar Council Bluffs led retailers with $6m inward wagers and Diamond Jo worth was next with $5.5m inward bets.

Miachel concluded: “Following the removal of in-person enrolment requirements earlier this year, online sportsbooks experience a unique opportunity to establish on the impulse created past such a warm September.

"Operators will do work concentrated in keeping unexampled bettors engaged, especially those who placed a play for the number one clip for the Cy-Hawk game. Those operators that are successful in those efforts testament rise their fortunes for months to come.”

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