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It's even now early, but sports gambling in Iowa appears being 1 wager for On line casino operators which is promptly paying off.

Iowa casinos processed near to $forty million in sporting activities wagers in September, the initial comprehensive month of legalized sports activities gambling, As outlined by earnings figures posted late this week through the Iowa Racing and Gaming Fee.

Fifteen of Iowa's eighteen accredited casinos were processing bets final month. (The condition's 3 Wild Rose Houses went Are living with sports wagering in early October.) The "manage," or whole amount of cash wagered, eclipsed $38.five million, with Web earnings totaling $four,956,347. Which is a keep of twelve.nine%, and sportsbooks are commonly happy if numbers get to the high single digits.

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Iowa grew to become the 11th point out to legalize sporting activities wagering when betting went Stay Aug. 15. The state's casinos reported about $eight.5 million in wagers above the initial two weeks in sportsbook Procedure. No condition bordering Iowa has legal sporting activities wagering.