Iowa sports handle surges 15% to $168.1 million

Sports Betting

Iowans have placed a record $168.1 million in legal sports bets in June up 15%, it takes the total amount wagered to wagered $1.38 billion in first half of year.

The total sports wagering handle reached $2.6 billion in fiscal 2024, an increase from the recorded $2.2 billion in the previous year.

Sports betting in Iowa remains resilient. Net receipts rose 56.3% year-over-year, increasing from $13.6 million to $21.3 million for February 2024 and 2025 respectively. However, the handle and payouts experienced slight declines compared to the previous year. 

The operator which experienced the most significant increase was Hard Rock Casino, with Hard Rock Bet helping revenues increase by 1704% year-on-year. Another 11 operators experienced an uplift of more than 100%.

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