Player spending on sports betting in Iowa fell again in July, although the state was able to post a month-on-month increase in revenue.
Handle for the month amounted to $109.7m. This was 0.7% up from $108.6m in July 2022 but 5.4% lower than $115.6m in June this year. It also represented the fourth consecutive month of spending decline.
Online spend stood at $101.3m for the month, with retail betting at $8.4m.
In terms of revenue, July’s total hit $10.6m. This was 5.4% lower than $11.2m last year but a 49.3% increase from $7.1m in June 2023.
