Statewide Iowa — (RI) — The money bet on sports has gradually increased since it became legal in mid-August — but the betting is expected to drop off as we get deeper into winter.
Racing and Gaming Administrator Brian Ohorilko makes that prediction based on what he’s seen in the industry.
He says football is the biggest driver of the amount of money wagered that’s known as the “handle.”
Ohorilko says states that have been doing this for some time have a trend that tells the story.
Ohorilko says Iowa may not fit precisely into that trend through this first year as all the casinos are not at the same spot in getting their sports gambling programs underway.
Some of the state’s casinos took bets on site on the first day allowed by law — while others added sports betting later. The same is holding true for the casinos and their online systems.
