Iowa’s licensed sportsbooks collected total wagers of $143.6m in February 2021, with online wagers now accounting for more than 87 per cent of the total.

Continuing their strong start to the year, Iowa’s 18 operational sportsbooks saw wagers soar by 152 per cent year-on-year, with online sports wagers climbing 231 per cent to $125.2m, offsetting a 4 per cent decline in retail wagers to $18.4m.

Total payouts during the month amounted to $135.9m, generating total sports betting net receipts of $7.7m, a significant increase on the $755,334 total in February 2020.


Online Retail TOTAL
Isle Casino Hotel Waterloo 21,578,779 277,132 21,855,912
Diamond Jo Dubuque 20,844,497 516,525 21,361,021
Wild Rose Jefferson 18,817,645 177,559 18,995,203
Prairie Meadows Racetrack & Casino 15,950,836 929,857 16,880,693
Diamond Jo Worth 7,524,401 4,182,380 11,706,781
Wild Rose Clinton 10,859,502 199,330 11,451,646
Wild Rose Emmetsburg 8,827,568 156,481 8,984,049
Ameristar II 851,877 4,470,142 5,322,019
Catfish Bend Casino 4,972,935 257,910 5,230,845
Horseshoe Casino Council Bluffs 2,581,038 2,247,763 4,828,801
Rhythm City Casino 2,492,169 543,121 3,035,290
Lakeside Casino 2,240,081 791,485 3,031,566
Riverside Casino and Golf Resort 2,492,169 532,354 3,024,523
Isle of Capri Bettendorf 2,195,180 362,349 2,557,530
Hard Rock Casino 894,420 859,746 1,754,166
Grand Falls Casino Resort 565,224 1,154,240 1,719,464
Q Casino 465,202 560,825 1,026,027
Harrah’s Council Bluffs Casino & Hotel 672,111 177,523 849,634
TOTAL 125,218,448 18,396,722 143,615,170

For the second consecutive month, there was a new market leader in the state as Isle Casino Hotel Waterloo collected wagers of $21.9m, ahead of Diamond Jo Dubuque’s $21.5m and Wild Rose Jefferson’s $19.0m.

Former market leader Prairie Meadows Racetrack & Casino was the fourth biggest operator with wagers of $16.7m in February, comprising $16.0m from online and $929,857 from retail, while Diamond Jo-Worth booked wagers of $11.7m during the month, ahead of Wild Rose Clinton’s $11.5m and Wild Rose Emmetsburg’s $9.0m.

In terms of online handle, the biggest operator in February was Isle Casino Hotel Waterloo (and partner William Hill) with wagers of $21.6m, ahead of Diamond Jo Dubuque (and FanDuel) with $20.8m, Wild Rose Jefferson (and partners DraftKings and BetRivers) with $18.8m, and Prairie Meadows Racetrack & Casino (and William Hill) with $16.0m.

The biggest retail operator was Ameristar II with wagers of $4.5m, ahead of Diamond Jo Worth’s $4.2m  and Horseshoe Casino Council Bluffs’ $2.2m.

Overall, licensed operators paid out $520,444to the state in taxes during the month, an increase of 431 per cent compared to February 2020.

Gaming Intelligence

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