Iowa Sees First Sports Betting Company Top $1 Billion in Yearly Wagering - Radio Iowa

Iowa sees first sports betting company top $1 billion in yearly wagering - Radio Iowa

Racing and Gaming Administrator Tina Eick  says the money bet on sports went up in Iowa in the fiscal year that ended June 30th. “The amount wagered in the last fiscal year was almost $2.9 Billion,  that’s up 9.3% over the last fiscal,” Eick says. Eick says there were some records set for the amount […]

Sports wagering was up nearly ten percent in last fiscal year

(Radio Iowa) – Racing and Gaming Administrator Tina Eick says the money bet on sports went up in Iowa in the fiscal year that ended June 30th.  “The amount wagered in the last fiscal year was almost two-point-nine billion dollars ($2.9). That’s up nine-point-three percent (9.3%) over the last fiscal,” Eick says. Eick says there were some records set for the amount wagered that is known as the handle. “Fiscal year 2025 marks the first time that a…

Tennessee hands out $50,000 fines to five offshore bookmakers

The Tennessee Sports Wagering Council (SWC) has fined five illegal operators $50,000 each in the latest crackdown from the Volunteer State regulator. Costa Rica-based trio BetAnySports, Bookmaker, and JazzSports, as well Panama-based BetOnline in were caught in the SWC’s latest clampdown. Massachusetts and Michigan have both issued cease-and-desist orders to BetOnline in recent months. Everygame, which the SWC said is based in Curaçao, was the f…