DraftKings Sets Monthly Record Despite Iowa Sportsbook Decrease

DES MOINES, Iowa – DraftKings had its biggest month in Iowa in October, even with the state’s sports betting market slipping. The Iowa Racing and Gaming Commission’s October report shows bettors wagered $129.1 million with DraftKings, up 7.2% from last October and topping its previous high of $122.3 million last November. However, the rest of the market went the other way as the legal Iowa sports betting handle fell 2% to $314.5 million, and net receipts slipped 2.4% to $28.2 million. This produced $1.9 million in state taxes and pushed DraftKings to 43.1% of online bets, up from 39.9%.