Iowa sports betting revenue tops $185 million in June 

Sports Betting

Iowa sportsbooks accepted $ $185.4 million in wagers in June 2026, up 10% drop from the same month a year earlier.

Gross gaming revenue reached $20,785,835, up 3.62% year over year, because operators held 10.88% of every dollar wagered against 9.90% in June 2025.

The state’s 6.75% tax on net receipts produced $1,403,044, also up 3.62%. Online books drove almost all of the action at $181,499,185, close to 95% of the total, while retail sportsbooks contributed $9,613,248.

Online wagering accounted for $181,499,185, or 94.97% of all bets placed, edging up from 94.25% a year ago. Retail fell harder than the overall market, down 17.42% to $9,613,248, extending a multiyear slide as in-person betting concentrates around event peaks.

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