Iowa sportsbooks saw impressive activity in February 2026, processing a total of $213,646,503 in wagers. This generated a gross gaming revenue of $19,821,141, reflecting a hold of 9.28%.

The state benefited from this with $1,337,927 in tax revenue. The online betting segment dominated the market, contributing $203.45 million in wagers, while retail sportsbooks added $10.19 million.

These figures indicate a stable marketplace where wagering levels remain steady, though revenue outcomes can vary based on sportsbook margins.

February 2026’s revenue dipped slightly compared to the previous year, attributed to a decrease in hold from 9.83% in 2025 to 9.28% in 2026. It’s important to note that even marginal shifts in hold can lead to notable changes in sportsbook revenue.