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first_img Sports wagering revenue amounted to $4.96m (£3.95m/€4.94m) in the first full month of regulated activities in Iowa, with online betting the most popular form of gambling in the state.Players placed a total of $38.5m in sports bets in September, winning a collective $33.6m in the process. Licensed operators paid $334,553 in tax last month, according to figures from the Iowa Racing and Gaming Commission.Consumers spent more online than at retail locations, with total internet sports betting spend amounting to $21.8m in September. Operators generated $2.0m in collective revenue from internet wagering.However, land-based activities generated more revenue ($2.9m) for licensees, despite punters spending less ($16.7m) at retail sportsbook sites.The William Hill-powered offering at the Prairie Meadows Racetrack and Casino was the leading operation by some margin, generating $1.5m in revenue from $14.5m in sports bets.Read the full story on iGB North America.Image: Catchpenny Email Address Iowa sports betting revenue hits $4.96m in first full month Sports wagering revenue amounted to $4.96m in the first full month of regulated activities in Iowa, with online betting the most popular form of gambling in the state. Finance 14th October 2019 | By contenteditorcenter_img Subscribe to the iGaming newsletter Regions: US Iowa Topics: Finance Sports betting AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitterlast_img read more