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Iowa head coach Fran McCaffery watches practice as we look at the sports betting financials for Iowa in June 2024
Iowa head coach Fran McCaffery watches practice in Iowa City, Iowa. Photo by: Julia Hansen/Iowa City Press-Citizen/USA TODAY NETWORK.

Iowa's July 2024 sports betting and casino financials revealed mixed results. While some of our best sports betting sites had a great month, it wasn't all sunshine.

The Iowa Racing and Gaming Commission (IRGC) revenue reports saw Iowa sports betting post a year-over-year increase in handle and revenue. In contrast, casino gaming revenue experienced a slight decline compared to June 2023.

The figures

The sports wagering report revealed that around $146.7 million was wagered on sports in the Hawkeye State during June, up 20.7% from last year’s $119.1 million. However, it was a month-on-month decrease of 19.6% from May 2024 as the spring/summer slowdown hit. Iowa sports betting apps accounted for $136.7 million of this total handle, while retail venues collected the remaining $10 million. In partnership with Crown IA Gaming, DraftKings led the internet gaming handle with $53 million, followed by FanDuel with $33.7 million.

The two behemoths combine to produce some of our top Iowa sportsbook promos.

With $134.2 million paid out in winnings, Iowa operators collected $12.5 million in net receipts for June 2024, which marks a 15.9% rise from the $10.7 million collected in June 2023.

Casinos

According to the gaming report, Iowa’s 18 land-based casinos and one riverboat casino generated over $140.7 million in adjusted gross revenue (AGR) from slots and table games, a slight 0.7% decrease from the $141.8 million reported last June and down 5.4% from the $148.8 million collected last month. Iowa residents do not have access to real money online casinos.


Slots contributed $127 million, while table games contributed $13.7 million. Total admissions reached 1.4 million, up 0.9% year over year.

June 2024 saw Prairie Meadows Racetrack & Casino report the highest AGR of $19.3 million, followed by Ameristar II with $15.55 million and Horseshoe Casino Council Bluffs with $15.47 million.