We’re seeing a lot of reports about gambling markets in different states in the US doing well. With sports back on track, sportsbook solutions providers are already seeing a surge in betting activity. And sports betting in Iowa is one of the best we are seeing. The state shows an 80% improvement in betting handle from June to July.
The total sports betting handle in July for Iowa is $22.8 million. June’s handle is only $12.7 million. Of course, the numbers are still low. Especially when you compare them to the monthly data pre-coronavirus. But the improvement is still worth noting, as there were still few sports games in July.
Sports Betting in Iowa
Since around mid-June, casinos and retail sportsbooks started to open again. But Iowa also has online sports betting, which is a huge factor in the increase in numbers. If you go through a sportsbook pay per head company directory, you’ll see the sheer number of available sportsbooks. And almost all of them are recording increasing activity in last few weeks. A sign that the betting industry is well into its way to recovery.
In Iowa, the total mobile sports wagering handle is $17.7 million, which is 53.4% higher than June’s $11.5 million. Its also worth noting that online wagers comprise 78% of the total betting handle for July. Meanwhile, betting revenue for July is $2.2 million. This is 261.5% higher than June’s $620,740.
Online sports wagering has been saving the betting industry the past few months. Many people prefer online betting, but the number of online bettors have increased the past few months. Due to safety and health concerns, its much safer to stay at home. All you need to do is log in, check the odds, and place your bets. And for those who want to learn how to have their own sportsbook, you can always check out some bookie tutorials. If there’s ever a good time to start an online business, now would be it.
