Iowa sports betting revenue up despite further handle decline in May

Sports betting revenue in Iowa increased year-on-year and month-on-month in May despite the state experiencing an ongoing drop in handle.

Consumer spending for the month amounted to $147.7m, marginally down from $147.9m in May 2022 and also 14.6% behind $172.9m in April this year.

This marked the second consecutive month of handle decline in the state.

Of the total amount wagered by players, $135.2m was bet online and $12.5m at retail sports betting facilities.

Read the full story on iGB North America.

Original Article