Attendance and revenue at Iowa’s 19 state-regulated casinos dipped slightly for a second consecutive year, according to state gaming data.
Industry experts say those figures merely are leveling out after the industry posted big numbers in the first years coming out of the height of the COVID-19 pandemic.
But at the same time, legal sports betting in Iowa hit a record in fiscal 2024 — and combined, that translates into bettors wagering over $11.8 million a day on average at the state-licensed casinos and sportsbooks.
The gross adjusted receipts for the 19 Iowa casinos regulated by the state — not including sports betting — peaked at an all-time high of $1.77 billion in the 2022 state budget year, according to figures from the state’s nonpartisan Legislative Services Agency.
