Iowa Makes $21.9M In Sports Betting Revenue In April 2026
April of 2026 was a good month for sports betting sites in Iowa, raking in $21.9 million on $210 million in handle with an over 10% hold rate.
Iowa
Pennsylvania Seeks To Tax Prediction Markets With New Bill
HARRISBURG, Penn. – Another state has joined in the fight to regulate prediction markets, as Pennsylvania lawmakers aim to pass new legislation taking aim at the controversial platforms. House Bill 2497 is a proposed act to amend Title 4 of the Pennsylvania Consolidated Statutes. It … Read more
Ohio Welcoming Prediction Markets with Tax Plans in SB 430
COLUMBUS, Ohio – Ohio’s prediction market bill signals a new way for states to combat the prediction market infestation. Senate Bill 430 establishes a licensing and regulation framework that would make prediction market companies pay taxes like Ohio sports betting sites do. Ohio has proven … Read more
Iowa State -145 Favorites At Home Over #3 Houston Monday
Iowa State looks to take down Houston as two and a half point favorites at home on Monday night. Joshua Jefferson has -110 odds to record over 6.5 rebounds in tonight’s game after averaging 8.3 rebounds per game in his last 15. AMES, Iowa – … Read more
Maine Seeking To Ban Credit Cards For Online Sports Betting
Rep. Marc Malon has introduced a bill in Maine that would prohibit the use of credit cards for online sports betting. Eight other states have already taken similar measures in an effort to reduce gambling addiction and debt. AUGUSTA, Maine – A new bill has … Read more
Illinois Sports Betting Taxes Cross $1 Billion Milestone
Illinois became the second state to record at least $1 billion in sports betting tax revenue, after New York. The state implemented the country’s first progressive tax system for sports betting, with rates climbing from 20% to 40%. Most tax revenue flows into Illinois’ general … Read more
DraftKings to Ban Credit Cards in All States This Week
DraftKings will stop accepting credit card deposits in every state starting on August 25, 2025. The sports betting company accepted popular credit card brands such as Visa, Mastercard, Discover, and American Express in select jurisdictions. DraftKings was recently fined $450,000 in Massachusetts for accepting credit … Read more
Bovada Has Player Props For Kansas State vs Iowa State In Ireland
Kansas State Wildcats quarterback Avery Johnson has -115 odds to go over 198.5 passing yards in the season opener against the Iowa State Cyclones. Bet on Wildcats receiver Jayce Brown to clear his 52.5-yard receiving projection at Bovada. The best prop for Iowa State is … Read more
DraftKings Eyes Railbird as FanDuel’s Boyd Buyout Finalized
DraftKings is in advanced talks to acquire CFTC-licensed Railbird Exchange, signaling a move into regulated prediction markets. Flutter Entertainment has acquired the remaining 5% of FanDuel from Boyd Gaming in a $1.75 billion deal, giving it full ownership of the sportsbook. BOSTON – Two of … Read more
DraftKings Faces Lawsuit Over Weather-Shortened Golf Bets
DraftKings voided multi-leg parlay bets following a weather-shortened golf tournament, citing rules designed to manage unpredictable outcomes and protect the platform. The lawsuit challenges whether these rules fairly apply to parlays, putting sportsbook policies and bettor expectations in the spotlight. DES MOINES, Iowa – An … Read more
Legal Sports Betting Brief: Ohio iGaming, Iowa, Illinois
Legislators in Ohio are looking to regulate online casinos, according to a report from WOSU. The fine line between NCAA oversight and sports betting laws is the focus of a college sports betting violation in Iowa. Illinois is hoping to create laws that ban peer-to-peer … Read more
Americans Have Won Over $450 Billion Betting On Sports
Bettors in New York, New Jersey, and Nevada have won more than $160 billion combined, nearly 35% of all legal sports betting payouts. Nevada boasts the highest win rate in the country at 94.2%, while Delaware ranks last with just 84.3%. LAS VEGAS – The … Read more