Iowa Sports Betting Revenue Reports

Iowa sports fans cheered for the 2019 legalization of sports betting for the love of the games. At the same time, the Iowa Senate was cheering for the increased tax revenue that will help balance the state’s books.

Both retail and online sports betting contribute to the bottom line in Iowa thanks to the state’s 6.5% tax rate on sports bets. Iowa’s tax rate is noticeably lower than in some other states. For example, Pennsylvania taxes wagers at 36% and New Jersey taxes bets at 14%.

Even with that 6.5% rate, sports betting is already bringing in millions for the state.

As part of the regulation of sports betting, the Iowa Racing & Gaming Commission releases a monthly report of how each online and retail sportsbook performed. The reports include the amount of money wagered, also called handle, what was bet online versus at a brick-and-mortar sportsbook, and how much revenue those books produced.

We’ve got the tally on which sportsbooks were on top each month as well as lifetime figures that help us grasp which books are winning and which are losing in the state.

Iowa sports betting, by the numbers

1360394470
Dollars of sports wagers

Total sports betting handle in Iowa history

101123723
Dollars of sports betting revenue

Total sports betting revenue in Iowa history

6878283
Tax dollars for the state

Total sports betting taxes to date for Iowa

Lifetime Iowa sports betting numbers

Here is a look at some of the top line numbers for Iowa’s sports betting industry so far (Last updated: May 7, 2021):

LicenseeOnline Brand(s)HandleOnline HandleRetail HandleRevenueTaxes (6.75%)
Prairie MeadowsWilliam Hill$305,321,277$283,360,296$21,960,981$22,275,847$1,503,620
Wild Rose - JeffersonDraftKings | BetRivers$130,285,410$127,502,061$2,783,349$7,718,147$520,975
Isle - WaterlooWilliam Hill$127,502,285$120,267,297$7,234,988$6,159,557$415,770
Diamond Jo - DubuqueFanDuel$126,308,722$111,485,112$14,823,610$8,798,306$594,944
Diamond Jo - WorthBetMGM$110,182,725$41,450,388$68,732,337$10,684,637$725,278
AmeristartheScore$78,598,465$4,140,030$74,458,435$9,128,133$622,275
RiversideElite$71,597,808$60,956,300$10,641,508$4,646,316$313,626
HorseshoeWilliam Hill$66,980,760$17,825,438$49,155,322$4,947,821$348,198
Wild Rose - ClintonDraftKings | BetRivers$60,624,946$57,900,000$2,724,946$3,963,628$267,545
Wild Rose - EmmetsburgDraftKings$46,081,215$44,012,901$2,068,314$3,094,465$208,876
Isle - BettendorfWilliam Hill$42,987,990$32,700,814$10,287,175$3,109,939$209,921
Catfish BendPointsBet$36,736,197$29,199,600$7,536,597$3,542,903$240,394
Rhythm CityElite$31,677,485$21,386,618$10,290,866$2,806,517$189,439
LakesideWilliam Hill$31,279,999$23,363,540$7,916,458$2,629,158$191,102
Grand FallsBetfred$29,403,289$10,894,654$18,508,635$3,018,669$203,779
Hard RockHard Rock$26,700,765$12,154,404$14,546,361$2,233,182$151,733
Q CasinoQ Sportsbook$25,332,169$11,984,191$13,347,978$1,277,899$86,258
Harrah'sWilliam Hill$12,792,964$3,039,830$9,753,134$1,088,601$84,550
Total$1,360,394,470$1,013,623,475$346,770,995$101,123,723$6,878,283

Iowa sports betting revenue, by month

Here’s a look at the month-by-month performances of Iowa’s online and retail sportsbooks:

April 2021

LicenseeOnline Brand(s)HandleOnline HandleRetail HandleRevenueTaxes (6.75%)
Diamond Jo - DubuqueFanDuel$18,454,617$17,953,321$501,296$1,301,512$87,852
Isle - WaterlooWilliam Hill$17,850,959$17,437,189$413,770$264,996$17,887
Wild Rose - JeffersonDraftKings | BetRivers$15,902,393$15,823,806$78,586$1,155,817$78,018
Prairie MeadowsWilliam Hill$12,581,579$12,030,295$551,283$941,272$63,536
Diamond Jo - WorthBetMGM$10,780,564$8,153,460$2,627,104$861,744$58,168
Wild Rose - ClintonDraftKings | BetRivers$10,239,486$10,115,638$123,848$766,043$51,708
Wild Rose - EmmetsburgDraftKings$8,463,127$8,359,193$103,934$694,847$46,902
AmeristartheScore$5,141,716$1,443,451$3,698,266$428,188$28,903
HorseshoeWilliam Hill$4,484,589$2,531,271$1,953,318$268,958$18,155
Catfish BendPointsBet$3,477,911$3,148,703$329,208$370,601$25,016
Isle - BettendorfWilliam Hill$1,755,684$1,510,824$244,860$171,582$11,582
LakesideWilliam Hill$1,647,673$1,512,978$134,695$131,431$8,872
Rhythm CityElite$1,644,036$1,203,165$440,872$102,616$6,927
RiversideElite$1,560,409$1,203,165$357,244$87,771$5,925
Hard RockHard Rock$1,322,201$640,269$681,932$67,036$4,525
Grand FallsBetfred$1,254,717$475,913$778,804$36,965$2,494
Q CasinoQ Sportsbook$968,354$302,021$666,333$9,947$671
Harrah'sWilliam Hill$825,519$669,688$155,831$63,946$4,316
Total$118,355,535$104,514,350$13,841,185$7,725,272$521,455

March 2021

LicenseeOnline Brand(s)HandleOnline HandleRetail HandleRevenueTaxes (6.75%)
Diamond Jo - DubuqueFanDuel | BetMGM$28,975,118$28,158,844$816,274$1,935,678$130,658
Wild Rose - JeffersonDraftKings | BetRivers$20,643,902$20,516,133$127,769$1,651,682$111,489
Prairie MeadowsWilliam Hill$19,278,760$18,119,248$1,159,512$1,336,965$90,245
Diamond Jo - WorthFanDuel | BetMGM$13,808,858$9,507,074$4,301,784$1,756,703$118,577
Isle - WaterlooWilliam Hill$13,080,764$12,634,024$446,740$427,572$28,861
Wild Rose - ClintonDraftKings | BetRivers$12,821,506$12,571,704$249,802$1,082,722$73,084
Wild Rose - EmmetsburgDraftKings | BetRivers$10,812,167$10,598,247$213,920$956,185$64,542
HorseshoeWilliam Hill$10,055,998$7,262,180$2,793,818$461,358$31,142
AmeristartheScore$7,457,406$1,844,702$5,612,704$853,654$57,622
Catfish BendPointsBet$6,042,264$5,669,364$372,900$766,467$51,736
LakesideWilliam Hill$3,061,385$2,550,636$510,749$368,749$24,891
RiversideElite$2,920,367$2,256,002$664,365$349,456$23,588
Rhythm CityElite$2,888,850$2,256,002$632,848$348,536$23,526
Isle - BettendorfWilliam Hill$2,885,879$2,405,405$480,474$290,776$19,627
Grand FallsElite | Betfred$2,634,791$972,398$1,662,393$448,714$30,288
Hard RockHard Rock$1,591,957$788,207$803,750$185,843$12,544
Q CasinoQ Sportsbook$1,318,450$350,279$968,171$123,387$8,184
Harrah'sWilliam Hill$1,161,139$928,698$232,441$109,709$7,405
Total$161,439,561$139,389,147$22,050,414$13,454,156$908,009

February 2021

LicenseeOnline Brand(s)HandleOnline HandleRetail HandleRevenueTaxes (6.75%)
Isle - WaterlooWilliam Hill$21,855,912$21,578,779$277,132$249,889$16,868
Diamond Jo - DubuqueFanDuel | BetMGM$21,361,021$20,844,497$516,525$988,499$66,724
Wild Rose - JeffersonDraftKings | BetRivers$18,995,203$18,817,644$177,559$852,712$57,558
Prairie MeadowsWilliam Hill$16,880,693$15,950,836$929,857$1,429,519$96,493
Diamond Jo - WorthFanDuel | BetMGM$11,706,781$7,524,401$4,182,380$686,300$46,325
Wild Rose - ClintonDraftKings | BetRivers$11,451,646$11,252,316$199,330$376,238$25,396
Wild Rose - EmmetsburgDraftKings | BetRivers$8,984,049$8,827,568$156,481$233,198$15,741
AmeristartheScore$5,322,019$851,877$4,470,142$746,303$50,375
Catfish BendPointsBet$5,230,845$4,972,935$257,910$613,251$41,394
HorseshoeWilliam Hill$4,828,801$2,581,038$2,247,763$377,226$25,463
Rhythm CityElite$3,035,290$2,492,169$543,121$139,403$9,410
LakesideWilliam Hill$3,031,566$2,240,081$791,485$378,168$25,526
RiversideElite$3,024,523$2,492,169$532,354$34,539$2,331
Isle - BettendorfWilliam Hill$2,557,530$2,195,180$362,349$263,313$17,774
Hard RockHard Rock$1,754,166$894,420$859,746$183,486$12,385
Grand FallsElite | Betfred$1,719,464$565,224$1,154,240$93,893$6,338
Q CasinoQ Sportsbook$1,026,027$465,202$560,825$(2,135)$0
Harrah'sWilliam Hill$849,634$672,111$177,523$64,347$4,343
Total$143,615,170$125,218,447$18,396,722$7,708,148$520,444

January 2021

LicenseeOnline Brand(s)HandleOnline HandleRetail HandleRevenueTaxes (6.75%)
Diamond Jo - DubuqueFanDuel | BetMGM$23,770,307$22,663,677$1,106,630$1,759,462$118,764
Prairie MeadowsWilliam Hill$23,152,724$21,629,882$1,522,842$1,840,683$124,246
Wild Rose - JeffersonDraftKings | BetRivers$21,987,945$21,639,116$348,829$1,025,005$69,188
Diamond Jo - WorthFanDuel | BetMGM$11,440,923$4,193,115$7,247,808$1,152,228$77,775
Isle - WaterlooWilliam Hill$10,914,181$10,419,968$494,212$597,712$40,346
Wild Rose - ClintonDraftKings | BetRivers$10,237,296$9,994,543$242,753$608,927$41,103
Wild Rose - EmmetsburgDraftKings | BetRivers$8,606,011$8,442,698$163,313$503,712$34,001
AmeristartheScore$6,409,442$0$6,409,442$737,258$49,765
HorseshoeWilliam Hill$6,207,377$2,192,380$4,014,997$525,371$35,463
Catfish BendPointsBet$5,378,564$4,993,786$384,778$545,921$36,850
Rhythm CityElite$4,377,408$3,517,367$860,042$383,733$25,902
RiversideElite$4,212,505$3,517,367$695,139$337,668$22,793
Isle - BettendorfWilliam Hill$3,295,729$2,712,974$582,755$294,181$19,857
LakesideWilliam Hill$3,253,750$2,401,573$852,177$314,606$21,236
Grand FallsElite | Betfred$2,368,430$567,209$1,801,221$251,661$16,987
Hard RockHard Rock$2,027,162$987,897$1,039,265$258,252$17,432
Q CasinoQ Sportsbook$1,152,345$423,170$729,175$113,615$7,669
Harrah'sWilliam Hill$732,691$463,657$269,034$93,308$6,298
Total$149,524,789$120,760,377$28,764,412$11,343,303$765,673

December 2020

LicenseeOnline Brand(s)HandleOnline HandleRetail HandleRevenueTaxes (6.75%)
Prairie MeadowsWilliam Hill$22,504,609$20,849,913$1,654,696$1,690,329$114,097
Wild Rose - JeffersonDraftKings$13,043,963$12,828,847$215,116$696,935$47,043
Diamond Jo - WorthFanDuel$10,939,859$4,609,143$6,330,715$751,011$50,693
Diamond Jo - DubuqueFanDuel$9,608,974$8,868,006$740,968$345,751$23,338
Isle - WaterlooWilliam Hill$7,466,408$6,919,271$547,137$530,953$35,839
RiversideElite$6,776,278$6,071,670$704,608$352,812$23,815
HorseshoeWilliam Hill$5,923,751$1,841,356$4,082,394$482,270$32,553
Ameristar--$5,873,155$0$5,873,155$771,349$52,066
Wild Rose - ClintonDraftKings$3,984,492$3,765,405$219,087$234,463$15,826
Isle - BettendorfWilliam Hill$3,060,746$2,356,119$704,627$293,937$19,841
Grand FallsElite | Betfred$2,621,512$1,210,776$1,410,736$235,725$15,911
Hard RockHard Rock$2,604,203$1,438,751$1,165,452$209,690$14,154
Wild Rose - EmmetsburgDraftKings$2,372,016$2,133,796$238,221$95,099$6,419
Catfish BendPointsBet$2,235,672$1,821,992$413,680$203,882$13,762
LakesideWilliam Hill$2,166,782$1,436,360$730,422$241,262$16,285
Rhythm CityElite$1,966,301$1,220,576$745,725$229,450$15,488
Q CasinoQ Sportsbook$1,183,063$459,743$723,320$116,492$7,863
Harrah'sWilliam Hill$483,845$242,736$241,110$55,596$3,753
Total$104,815,630$78,074,462$26,741,167$7,537,004$508,748

November 2020

LicenseeOnline Brand(s)HandleOnline HandleRetail HandleRevenueTaxes (6.75%)
Prairie MeadowsWilliam Hill$19,213,127$17,767,520$1,445,607$1,768,922$119,402
Wild Rose - JeffersonDraftKings$10,684,909$10,468,595$216,314$335,116$22,620
Diamond Jo - WorthFanDuel$8,779,989$3,372,870$5,407,118$1,026,330$69,277
Diamond Jo - DubuqueFanDuel$6,656,386$5,680,478$975,908$739,054$49,886
RiversideElite$6,439,134$5,668,553$770,581$490,040$33,078
Isle - WaterlooWilliam Hill$5,762,408$5,048,793$713,615$446,284$30,124
HorseshoeWilliam Hill$5,450,327$1,132,383$4,317,944$570,651$38,519
Ameristar--$5,297,592$0$5,297,592$879,256$59,350
Wild Rose - ClintonDraftKings$3,489,804$3,240,123$249,681$180,321$12,172
Isle - BettendorfWilliam Hill$2,487,536$1,894,521$593,015$312,580$21,099
Hard RockHard Rock$2,211,123$1,282,789$928,334$215,142$14,522
Grand FallsElite | Betfred$2,085,636$871,188$1,214,448$259,825$17,538
Catfish BendPointsBet$1,771,001$1,400,470$370,531$206,867$13,964
LakesideWilliam Hill$1,766,672$1,070,331$696,342$197,269$13,316
Rhythm CityElite$1,728,704$1,079,368$649,336$215,750$14,563
Q CasinoQ Sportsbook$1,556,832$1,007,126$549,706$101,106$6,825
Wild Rose - EmmetsburgDraftKings$1,491,300$1,370,810$120,490$148,879$10,049
Harrah'sWilliam Hill$297,439$53,941$243,498$50,704$3,423
Total$87,169,919$62,409,860$24,760,059$8,144,096$549,726

October 2020

LicenseeOnline Brand(s)HandleOnline HandleRetail HandleRevenueTaxes (6.75%)
Prairie MeadowsWilliam Hill$19,820,385$18,391,561$1,428,824$2,337,249$157,764
Diamond Jo - WorthFanDuel$8,312,492$2,889,965$5,422,527$790,877$53,384
Wild Rose - JeffersonDraftKings$8,187,998$8,029,679$158,319$877,082$59,203
RiversideElite$6,105,396$5,146,733$958,663$649,540$43,844
Isle - WaterlooWilliam Hill$6,036,351$5,411,466$624,885$611,658$41,287
Ameristar--$5,614,650$0$5,614,650$848,087$57,246
Diamond Jo - DubuqueFanDuel$5,282,935$4,292,469$990,466$609,400$41,134
HorseshoeWilliam Hill$4,245,663$284,829$3,960,834$384,595$25,960
Wild Rose - ClintonDraftKings$2,696,556$2,518,465$178,091$279,108$18,840
Hard RockHard Rock$2,313,331$1,321,856$991,475$267,124$18,031
Isle - BettendorfWilliam Hill$2,283,654$1,752,388$531,266$318,171$21,477
Grand FallsElite | Betfred$2,097,141$930,637$1,166,505$340,140$22,959
Q CasinoQ Sportsbook$2,091,881$1,140,481$951,400$51,417$3,471
LakesideWilliam Hill$1,917,394$1,351,667$565,726$184,611$12,461
Catfish BendPointsBet$1,688,983$1,134,631$554,352$179,747$12,133
Rhythm CityElite$1,577,314$1,019,118$558,196$228,308$15,411
Wild Rose - EmmetsburgDraftKings$1,380,334$1,261,263$119,071$107,226$7,238
Harrah'sWilliam Hill$249,959$8,998$240,960$16,656$1,124
Total$81,902,416$56,886,207$25,016,209$9,080,995$612,967

September 2020

LicenseeOnline Brand(s)HandleOnline HandleRetail HandleRevenueTaxes (6.75%)
Prairie MeadowsWilliam Hill$18,299,275$16,970,098$1,329,177$1,097,047$74,051
Wild Rose - JeffersonDraftKings$6,918,601$6,812,424$106,177$386,243$26,071
Isle - WaterlooWilliam Hill$6,458,241$6,144,049$314,192$376,640$25,423
Diamond Jo - WorthFanDuel$6,098,247$1,200,359$4,897,888$732,823$49,466
Ameristar--$5,667,710$0$5,667,710$803,249$54,219
RiversideElite$5,606,663$4,673,482$933,181$266,984$18,021
Diamond Jo - DubuqueFanDuel$3,933,393$3,023,820$909,573$173,180$11,690
Horseshoe--$2,998,329$0$2,998,329$339,405$22,910
Q CasinoQ Sportsbook$2,488,297$1,316,658$1,171,639$40,654$2,744
Isle - BettendorfWilliam Hill$2,211,024$1,724,312$486,712$136,044$9,183
Hard RockHard Rock$1,976,816$1,097,140$879,676$157,975$10,663
Wild Rose - ClintonDraftKings$1,949,325$1,818,984$130,341$72,638$4,903
Grand FallsElite | Betfred$1,872,033$611,579$1,260,454$151,380$10,218
Catfish BendPointsBet$1,679,036$1,352,242$326,795$119,864$8,091
LakesideWilliam Hill$1,424,367$1,086,803$337,564$129,404$8,735
Rhythm CityElite$1,380,011$927,678$452,333$121,896$8,228
Wild Rose - EmmetsburgDraftKings$1,320,360$1,250,995$69,365$61,200$4,131
Harrah's--$115,513$0$115,513$1,188$80
Total$72,397,241$50,010,623$22,386,618$5,167,816$348,828

August 2020

LicenseeOnline Brand(s)HandleOnline HandleRetail HandleRevenueTaxes (6.75%)
Prairie MeadowsWilliam Hill$14,171,527$13,310,813$860,714$692,929$46,773
Wild Rose - JeffersonDraftKings$5,513,311$5,445,548$67,762$148,994$10,057
Isle - WaterlooWilliam Hill$4,349,332$4,220,274$129,059$181,624$12,260
Ameristar--$3,914,695$0$3,914,695$342,010$23,086
RiversideElite$3,726,292$3,008,140$718,152$181,873$12,276
Diamond Jo - Worth--$3,031,453$0$3,031,453$414,016$27,946
Isle - BettendorfWilliam Hill$2,285,863$1,924,501$361,362$106,201$7,169
Q CasinoQ Sportsbook$2,228,621$1,059,815$1,168,806$101,165$6,829
Horseshoe--$1,864,192$0$1,864,192$193,321$13,049
Catfish BendPointsBet$1,390,647$1,153,663$236,984$104,184$7,032
Grand FallsElite$1,341,378$436,565$904,813$75,100$5,153
Hard RockHard Rock$1,212,895$786,082$426,814$2,651$179
Wild Rose - ClintonDraftKings$1,205,164$1,127,926$77,238$113,227$7,643
Rhythm CityElite$1,071,270$594,855$476,415$72,182$4,872
Wild Rose - EmmetsburgDraftKings$1,057,571$971,092$86,479$108,482$7,323
LakesideWilliam Hill$1,056,821$954,078$102,743$86,510$5,839
Diamond Jo - Dubuque--$743,393$0$743,393$64,143$4,330
Harrah's--$149,249$0$149,249$15,292$500
Total$50,313,674$34,993,351$15,320,323$3,003,903$202,316

July 2020

LicenseeOnline Brand(s)HandleOnline HandleRetail HandleRevenueTaxes (6.75%)
Prairie MeadowsWilliam Hill$7,294,327$6,920,740$373,587$529,541$35,744
Wild Rose - JeffersonDraftKings$2,802,119$2,777,934$24,185$164,536$11,106
Isle - WaterlooWilliam Hill$1,929,869$1,895,741$34,128$151,166$10,204
RiversideElite$1,869,130$1,681,144$187,985$168,306$11,361
Ameristar--$1,082,946$0$1,082,946$240,196$16,213
Q CasinoQ Sportsbook$1,071,133$684,084$387,050$91,714$6,191
Diamond Jo - Worth--$1,007,110$0$1,007,110$218,125$14,723
Isle - BettendorfWilliam Hill$953,132$836,188$116,945$83,491$5,636
Wild Rose - ClintonDraftKings$873,193$852,086$21,108$82,958$5,600
Horseshoe--$809,954$0$809,954$121,824$8,223
Hard RockHard Rock$680,675$548,928$131,748$60,499$4,084
Catfish BendPointsBet$552,025$447,738$104,287$56,631$3,823
Grand FallsElite$469,812$154,739$315,073$42,139$2,760
LakesideWilliam Hill$444,637$413,477$31,160$16,138$1,089
Rhythm CityElite$396,602$275,541$121,061$71,189$4,805
Wild Rose - EmmetsburgDraftKings$321,909$281,800$40,109$61,565$4,156
Diamond Jo - Dubuque--$267,034$0$267,034$91,879$6,202
Harrah's--$34,014$0$34,014-$7,884$0
Total$22,859,622$17,770,140$5,089,481$2,244,012$151,919

June 2020

LicenseeOnline Brand(s)HandleOnline HandleRetail HandleRevenueTaxes (6.75%)
Prairie MeadowsWilliam Hill$4,515,351$4,484,421$30,929$228,312$15,411
Wild Rose - JeffersonDraftKings$2,359,885$2,355,403$4,482$125,821$8,493
RiversideElite$1,056,092$1,032,076$24,016$35,074$2,368
Isle - WaterlooWilliam Hill$897,929$890,958$6,971$77,357$5,222
Isle - BettendorfWilliam Hill$832,403$783,650$48,753$41,818$2,823
Q CasinoQ Sportsbook$466,812$388,269$78,543$13,775$605
Rhythm CityElite$377,541$329,640$47,901$52,660$3,555
Ameristar--$332,199$0$332,199$28,253$0
Wild Rose - ClintonDraftKings$329,641$311,364$18,277$9,966$673
Grand FallsElite$323,259$221,552$101,708$31,777$1,588
Catfish BendPointsBet$313,458$313,458$0$7,776$0
Hard RockHard Rock$210,922$177,921$33,000$17,273$1,166
LakesideWilliam Hill$187,956$178,164$9,793$11,058$0
Horseshoe--$174,295$0$174,295-$3,663$0
Diamond Jo - Worth--$157,397$0$157,397-$45,669$0
Wild Rose - EmmetsburgDraftKings$118,557$114,851$3,707$1,937$131
Diamond Jo - Dubuque--$57,504$0$57,504$1,492$0
Harrah's--$0$0$0-$14,277$0
Total$12,711,201$11,581,727$1,129,474$620,740$42,033

May 2020

LicenseeOnline Brand(s)HandleOnline HandleRetail HandleRevenueTaxes (6.75%)
Prairie MeadowsWilliam Hill$2,697,551$2,697,551$0$250,708$16,923
Isle - WaterlooWilliam Hill$971,192$971,192$0$79,518$5,367
Wild Rose - JeffersonDraftKings$800,786$800,786$0$39,077$2,638
RiversideElite$747,403$747,403$0$23,726$1,602
Q CasinoQ Sportsbook$510,317$510,317$0-$4,819$0
LakesideWilliam Hill$341,463$341,463$0$13,999$0
Isle - BettendorfWilliam Hill$325,612$325,612$0$26,446$1,785
Catfish BendPointsBet$147,894$147,894$0$19,160$0
Wild Rose - ClintonDraftKings$105,115$105,115$0$12,178$822
Wild Rose - EmmetsburgDraftKings$102,875$102,875$0$22,162$1,496
Rhythm CityElite$78,257$78,257$0$9,738$657
Hard RockHard Rock$75,350$75,350$0$13,745$821
Grand FallsElite$72,802$72,802$0$178$0
Ameristar--$20$0$20-$1$0
Harrah's--$0$0$0-$1,649$0
Horseshoe--$0$0$0-$3,106$0
Diamond Jo - Dubuque--$0$0$0$0$0
Diamond Jo - Worth--$0$0$0$0$0
Total$6,976,637$6,976,617$20$501,062$32,111

April 2020

LicenseeOnline Brand(s)HandleOnline HandleRetail HandleRevenueTaxes (6.75%)
Prairie MeadowsWilliam Hill$869,008$869,008$0$62,175$4,197
Isle - WaterlooWilliam Hill$186,175$186,175$0$26,788$1,808
LakesideWilliam Hill$121,021$121,021$0-$1,040$0
Q CasinoQ Sportsbook$110,868$110,905-$37$5,804$392
Catfish BendPointsBet$71,645$71,645$0$3,968$0
Isle - BettendorfWilliam Hill$59,396$59,396$0$8,639$583
RiversideElite$48,685$48,685$0$13,356$891
Wild Rose - JeffersonDraftKings$38,393$38,393$0$11,279$761
Hard RockHard Rock$30,982$30,996-$14$5,809$0
Wild Rose - EmmetsburgDraftKings$13,728$13,728$0$6,464$436
Wild Rose - ClintonDraftKings$8,546$8,546$0$3,184$215
Rhythm CityElite$7,551$7,551$0$3,237$218
Grand FallsElite$2,499$2,499$0$1,127$0
Horseshoe--$0$0$0-$120$0
Harrah's--$0$0$0-$337$0
Ameristar--$0$0$0$0$0
Diamond Jo - Worth--$0$0$0$0$0
Diamond Jo - Dubuque--$0$0$0$0$0
Total$1,568,497$1,568,548-$51$150,331$9,502

March 2020

LicenseeOnline Brand(s)HandleOnline HandleRetail HandleRevenueTaxes (6.75%)
Prairie MeadowsWilliam Hill$6,830,707$6,194,924$635,783$612,064$41,314
Isle - WaterlooWilliam Hill$1,699,889$1,641,900$57,989$140,499$9,484
RiversideElite$1,601,572$1,443,157$158,415$81,067$5,482
Ameristar--$1,260,835$0$1,260,835$33,888$0
Diamond Jo - Worth--$1,095,308$0$1,095,308-$14,566$0
Horseshoe--$994,935$0$994,935-$24,646$0
Isle - BettendorfWilliam Hill$902,765$742,417$160,348$98,431$4,196
Wild Rose - JeffersonDraftKings$824,688$780,429$44,259$104,314$7,041
Catfish BendPointsBet$669,769$412,438$257,331$24,793$0
Grand FallsElite$598,718$184,499$414,219-$9,838$0
Rhythm CityElite$558,113$427,436$130,677$80,914$5,462
LakesideWilliam Hill$535,283$464,751$70,532$1,309$0
Q CasinoQ Sportsbook$515,138$363,001$152,138$42,173$2,348
Hard RockHard Rock$512,734$303,388$209,347$3,262$0
Harrah's--$302,858$0$302,858-$55,461$0
Wild Rose - ClintonDraftKings$249,206$156,314$92,892$32,970$2,225
Wild Rose - EmmetsburgDraftKings$221,320$201,413$19,907$23,986$1,619
Diamond Jo - Dubuque--$197,145$0$197,145-$3,997$0
Total$19,570,985$13,316,068$6,254,916$1,171,164$79,171

February 2020

LicenseeOnline Brand(s)HandleOnline HandleRetail HandleRevenueTaxes (6.75%)
Prairie MeadowsWilliam Hill$21,569,235$20,266,043$1,303,192$705,902$47,648
Isle - WaterlooWilliam Hill$5,087,255$4,791,697$295,558$128,401$8,667
RiversideElite$4,250,233$3,814,274$435,959$173,934$11,741
Diamond Jo - Worth--$3,580,878$0$3,580,878$259,859$17,540
Ameristar--$3,352,226$0$3,352,226-$152,898$0
Isle - BettendorfWilliam Hill$2,951,651$2,346,092$605,559$62,910$0
Horseshoe--$2,931,806$0$2,931,806-$179,132$0
Rhythm CityElite$1,961,877$1,512,863$449,014$33,142$2,237
Grand FallsElite$1,759,893$526,047$1,233,846$49,931$3,370
Catfish BendPointsBet$1,694,676$961,799$732,877-$74,194$0
Q CasinoQ Sportsbook$1,550,354$1,069,895$480,459-$7,391$0
Hard RockHard Rock$1,537,556$810,613$726,943-$25,381$0
LakesideWilliam Hill$1,517,187$1,176,182$341,006-$227,296$0
Diamond Jo - Dubuque--$1,067,001$0$1,067,001-$13,177$0
Harrah's--$1,008,985$0$1,008,985-$92,263$0
Wild Rose - JeffersonDraftKings$626,364$367,323$259,041$94,855$5,677
Wild Rose - ClintonDraftKings$269,678$61,472$208,205$8,193$466
Wild Rose - EmmetsburgDraftKings$203,927$82,572$121,355$9,940$617
Total$56,920,783$37,786,872$19,133,911$755,334$97,963

January 2020

LicenseeOnline Brand(s)HandleOnline HandleRetail HandleRevenueTaxes (6.75%)
Prairie MeadowsWilliam Hill$20,064,795$18,648,189$1,416,607$691,506$46,677
Diamond Jo - Worth--$4,802,169$0$4,802,169$446,490$30,138
RiversideElite$4,772,749$4,040,622$732,127$243,876$16,462
Isle - WaterlooWilliam Hill$4,194,307$3,728,561$465,746$322,408$21,763
Ameristar--$4,189,586$0$4,189,586$415,795$28,066
Horseshoe--$2,832,940$0$2,832,940$112,450$6,478
Isle - BettendorfWilliam Hill$2,811,632$2,039,182$772,450-$86,098$0
Q CasinoQ Sportsbook$2,408,321$1,121,429$1,286,892$10,508$709
LakesideWilliam Hill$2,073,872$1,378,770$695,101$115,153$7,773
Grand FallsElite$2,009,767$585,550$1,424,217$257,078$17,353
Rhythm CityElite$1,771,460$1,072,008$699,452$177,982$12,014
Hard RockHard Rock$1,745,047$680,734$1,064,313$106,163$7,166
Harrah's--$1,269,980$0$1,269,980$75,016$5,064
Catfish BendPointsBet$1,243,933$551,050$692,882$86,699$5,852
Diamond Jo - Dubuque--$1,122,933$0$1,122,933$235,166$15,874
Wild Rose - Jefferson--$354,178$0$354,178-$10,757$0
Wild Rose - Clinton--$205,237$0$205,237$22,367$1,597
Wild Rose - Emmetsburg--$154,237$0$154,237$10,893$587
Total$58,027,141$33,846,095$24,181,046$3,232,696$223,571

December 2019

LicenseeOnline Brand(s)HandleOnline HandleRetail HandleRevenueTaxes (6.75%)
Prairie MeadowsWilliam Hill$19,226,698$17,664,435$1,562,263$1,268,159$85,601
Isle - WaterlooWilliam Hill$5,073,485$4,630,255$443,230$299,643$20,226
RiversideElite$4,886,908$4,243,659$643,249$199,391$13,432
Diamond Jo - Worth--$4,516,737$0$4,516,737$221,551$14,955
Ameristar--$4,350,116$0$4,350,116$249,377$16,833
Horseshoe--$3,594,878$0$3,594,878-$16,483$0
Isle - BettendorfWilliam Hill$3,264,035$2,182,663$1,081,371-$13,083$0
LakesideWilliam Hill$2,123,299$1,298,146$825,152$100,524$6,785
Rhythm CityElite$2,101,214$1,105,460$995,754$42,127$2,929
Q CasinoQ Sportsbook$1,832,758$913,557$919,201$106,239$7,171
Hard RockHard Rock$1,694,997$289,063$1,405,934$77,009$5,198
Grand FallsElite$1,613,448$503,552$1,109,896$149,874$10,142
Harrah's--$1,608,775$0$1,608,775$115,072$8,320
Diamond Jo - Dubuque--$1,434,817$0$1,434,817$47,976$3,238
Catfish BendPointsBet$1,289,819$619,527$670,292$20,109$1,357
Wild Rose - Jefferson--$256,834$0$256,834$8,054$544
Wild Rose - Emmetsburg--$196,204$0$196,204-$3,008$0
Wild Rose - Clinton--$193,817$0$193,817$31,724$2,141
Total$59,258,838$33,450,318$25,808,520$2,904,257$198,872

November 2019

LicenseeOnline Brand(s)HandleOnline HandleRetail HandleRevenueTaxes (6.75%)
Prairie MeadowsWilliam Hill$20,589,342$19,058,390$1,530,953$1,038,586$70,105
RiversideElite$5,360,954$4,747,932$613,022$94,008$6,346
Isle - WaterlooWilliam Hill$5,356,508$4,821,957$534,551$325,906$21,999
Diamond Jo - Worth--$4,489,300$0$4,489,300$403,310$27,223
Ameristar--$4,452,158$0$4,452,158$343,340$23,175
Horseshoe--$3,806,269$0$3,806,269$223,516$15,087
Isle - BettendorfWilliam Hill$3,072,722$1,765,893$1,306,829$121,117$8,175
Grand FallsElite$2,016,902$895,937$1,120,965$177,893$11,986
Rhythm CityElite$1,753,127$999,874$753,254$98,321$6,591
Hard Rock--$1,695,245$0$1,695,245$171,018$11,531
Harrah's--$1,515,396$0$1,515,396$117,976$7,963
LakesideWilliam Hill$1,440,182$1,051,266$388,916$113,169$7,639
Q CasinoQ Sportsbook$1,298,338$298,241$1,000,097$119,405$8,060
Diamond Jo - Dubuque--$1,213,204$0$1,213,204$152,451$10,290
Catfish BendPointsBet$753,519$26,263$727,256$24,499$1,654
Wild Rose - Clinton--$196,182$0$196,182$22,383$1,511
Wild Rose - Jefferson--$176,498$0$176,498$29,812$2,012
Wild Rose - Emmetsburg--$158,960$0$158,960$23,041$1,555
Total$59,344,806$33,665,752$25,679,054$3,599,750$242,903

October 2019

LicenseeOnline Brand(s)HandleOnline HandleRetail HandleRevenueTaxes (6.75%)
Prairie MeadowsWilliam Hill$17,823,927$16,293,997$1,529,931$1,747,465$117,954
Isle - WaterlooWilliam Hill$3,877,551$3,489,435$388,116$411,381$27,768
Ameristar--$3,716,797$0$3,716,797$466,958$31,520
RiversideElite$3,385,111$2,673,657$711,455$430,119$29,031
Diamond Jo - Worth--$3,196,603$0$3,196,603$403,919$27,265
Horseshoe--$2,980,796$0$2,980,796$466,508$31,489
Isle - BettendorfWilliam Hill$2,131,376$1,339,734$791,641$263,685$17,799
Rhythm CityElite$1,373,768$674,005$699,763$141,898$9,578
Grand FallsElite$1,328,759$499,973$828,787$212,586$14,347
LakesideWilliam Hill$1,299,297$952,949$346,348$218,323$14,737
Hard Rock--$1,220,749$0$1,220,749$182,524$12,333
Diamond Jo - Dubuque--$1,184,116$0$1,184,116$171,701$11,590
Harrah's--$1,153,276$0$1,153,276$225,089$14,641
Q Casino--$866,782$0$866,782$102,318$6,906
Catfish Bend--$572,365$0$572,365$139,412$9,410
Wild Rose - Jefferson--$167,440$0$167,440$21,571$1,456
Wild Rose - Clinton--$119,057$0$119,057$24,019$1,621
Wild Rose - Emmetsburg--$102,561$0$102,561$28,656$1,934
Total$46,500,331$25,923,748$20,576,583$5,658,131$381,379

September 2019

LicenseeOnline Brand(s)HandleOnline HandleRetail HandleRevenueTaxes (6.75%)
Prairie MeadowsWilliam Hill$14,525,772$12,963,432$1,562,340$1,473,743$99,478
Ameristar--$3,798,474$0$3,798,474$613,220$41,392
Isle - WaterlooWilliam Hill$3,537,219$2,780,983$756,236$350,467$23,657
RiversideElite$2,755,276$2,216,674$538,602$271,919$18,355
Horseshoe--$2,354,588$0$2,354,588$464,210$30,695
Diamond Jo - Worth--$2,297,107$0$2,297,107$525,409$35,465
Isle - BettendorfWilliam Hill$2,214,581$1,539,088$675,494$163,900$11,063
LakesideWilliam Hill$1,587,338$1,217,541$369,797$172,135$11,619
Rhythm CityElite$1,276,032$528,577$747,455$153,232$10,341
Grand FallsElite$1,145,977$564,022$581,956$190,456$12,855
Diamond Jo - Dubuque--$978,826$0$978,826$198,134$13,374
Harrah's--$835,214$0$835,214$157,451$11,267
Q Casino--$566,871$0$566,871$71,748$4,843
Catfish Bend--$389,425$0$389,425$79,663$5,377
Hard Rock--$282,653$0$282,653$74,060$4,999
Total$38,545,352$21,810,316$16,735,036$4,959,745$334,780

August 2019

LicenseeOnline Brand(s)HandleOnline HandleRetail HandleRevenueTaxes (6.75%)
Prairie MeadowsWilliam Hill$3,411,885$2,279,001$1,132,884$532,771$35,962
Ameristar--$1,364,723$0$1,364,723$480,650$32,444
Isle - WaterlooWilliam Hill$916,349$624,630$291,719$158,694$10,712
Isle - BettendorfWilliam Hill$645,040$264,674$380,366$151,899$10,253
RiversideElite$492,126$229,735$262,391$160,856$10,888
Horseshoe--$441,273$0$441,273$183,308$13,012
Rhythm CityElite$352,759$65,109$287,649$100,203$6,726
LakesideWilliam Hill$282,054$165,304$116,750$63,677$4,298
Harrah's--$199,476$0$199,476$99,121$6,052
Catfish Bend--$142,746$0$142,746$43,603$2,943
Diamond Jo - Worth--$140,953$0$140,953$94,179$6,357
Q Casino--$120,609$0$120,609$70,779$4,778
Grand FallsElite$66,349$41,994$24,356$22,066$1,490
Total$8,576,341$3,670,446$4,905,894$2,161,807$145,915

Iowa Senate bill SF 617: Taxation levels

Sports betting has a lower overall tax rate in Iowa than in many other states. It was set at 6.5% of net revenues in bill SF 617

In addition to this tax, there are licensing fees for each online sportsbook. These are $45,000 per license, with an annual renewal fee of $10,000. 

Each of the 18 casinos in Iowa can apply for two separate mobile betting licenses. This caps the maximum tax at 45×18 = $810,000.

This amount is only part of the tax take. Winnings from sports betting are also taxable, with limited scope to offset losses. 

With the sportsbooks obliged to report on bigger wins, this could be a significant contribution to the state coffers. Unlike the licensing and reported taxes through the sportsbooks, adjustments to individual tax returns will be harder to estimate.

Finally, there are contributions from additional employment to consider. Sportsbooks will need tellers and additional service staff. Similarly, casinos will need to employ teams to work with their technology partners, working on promotions and cross over with the retail sportsbooks.

Greater revenue from online casino games

While sports betting is popular, this is not the biggest generator of revenue for state coffers. 

Casino games made Iowa $300 million in tax, based on $1.5 billion in turnover in 2018. Add to this, the thousands of people employed by these venues, and tax on winnings reported via a WG2 form, and the total goes even higher.

Online casino gaming generates a considerable amount of tax revenue in New Jersey, with Pennsylvania (another recently regulated state) showing similar levels on a population-adjusted basis.

There is currently no movement in the Iowa Senate to expand bill SF 617 to include casino games.

Online poker generates lower levels of revenue; this runs successfully alongside casino gaming in other states.