- Casino Queen Marque does not have a sports betting operator yet.
- There are 19 licensed casinos in Iowa.
- Mobile sports betting is driving in the most traffic and revenue for the casinos.
DES MOINES, Iowa – The Iowa Racing and Gaming Commission announced this week that all of Iowa’s licensed casinos have sports betting licenses.
A License For Every Casino
There are currently 19 licensed casinos in Iowa. Thanks to Iowa sports betting laws, each casino is eligible to apply for a sports betting license. Brian Ohorilko from the Iowa Racing and Gaming Commission announced that all 19 casinos have a sports betting license.
But that does not mean that every casino in the state has a sportsbook currently operating. For example, the Casino Queen Marquette does indeed have a legal sports betting license. The casino does not have a sports betting partner to operate its upcoming sportsbook. The casino will likely find a sports betting partner in the upcoming weeks or months.
Perfect Season For A Growing Market
Iowa sportsbooks first launched back on August 15 earlier this year. Within the last three to four months, the sports betting revenue has exploded.
During the month of September, the total handle wagered was over $38 million. In October, that number jumped to over $46 million wagered. That number will likely increase once November has finished.
It is more than likely that the football season is the reason for the immense growth of the Iowa sports betting market. Football is the most wagered on sport in the United States and the Iowa market opened in time for football bets to pour in. Basketball season has also started up as well, giving sports bettors more to wager on.
“I would expect that November numbers will also be strong. We are seeing some spillover into the casinos. That number was very good in September and October. It did level off a little bit,” said Ohorilko.
Mobile wagering is also driving growth in Iowa. Sportsbooks in Iowa are allowed to offer online and mobile sports betting options for customers. On top of that, these mobile sportsbooks function statewide. Customers first need to go to a retail sportsbook to register for their account. With all 19 licensed casinos having a sportsbook license, that increases the range of Iowa sports betting even further.
With 19 casinos licensed to take sports bets and mobile sports betting available, the market in Iowa will continue to grow. New Jersey is currently competing with Nevada as the best sports betting state at the moment. It is possible that Iowa can overtake both states and be the sports betting capital of the United States.
Daniel is a writer that enjoys writing to inform readers. When Daniel was writing for The Borgen Project, he liked informing the world about victories in global poverty issues. Daniel is also an avid horse racing fan who has been going to the track with his father for over a decade betting the ponies. When he is not writing about sports betting or at the track, Daniel loves playing video games and watching sports in his spare time.