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It's nevertheless early, but sports activities gambling in Iowa appears to get a person guess for On line casino operators that may be speedily spending off.

Iowa casinos processed near $40 million in sports activities wagers in September, the primary entire month of legalized sports gambling, In accordance with revenue figures posted late this 7 days via the Iowa Racing and Gaming Commission.

Fifteen of Iowa's 18 accredited casinos have been processing bets final thirty day period. (The condition's three Wild Rose Attributes went Stay with sports activities wagering in early Oct.) The "take care of," or complete amount of cash wagered, eclipsed $38.5 million, with Web earnings totaling $4,956,347. That's a keep of 12.9%, and sportsbooks are usually joyful if figures get to the large one digits.

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Iowa grew to become the eleventh condition to legalize athletics wagering when betting went Are living Aug. fifteen. The point out's casinos reported about $eight.five million in wagers over the very first two weeks in sportsbook operation. No point out bordering Iowa has lawful sporting activities wagering.