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SPORTS WAGERING IN IOWA SLIDES FOR SECOND CONSECUTIVE MONTH

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PlayTenn.com: Sports betting hits lowest level since November

 

Iowa’s sports betting volume dropped slightly in May and remained well below the market’s peak reached in March. The modest downtick in wagering to less than $115 million is a fresh reminder that it likely won’t be until football season before Iowa’s sports betting industry sees significant growth again, according to analysts from PlayIA, which tracks the state’s regulated online gaming and sports betting market.

“There is no avoiding a summer slowdown, but Iowa’s sportsbooks are in a remarkably better position than this time last year when there was still so much uncertainty,” said Jessica Welman, analyst for PlayIA.com. “Sportsbooks will continue to be innovative this summer in an effort to keep bettors engaged with the remaining NBA season, baseball, and other sports, including the Olympics. Contrast that to last summer when most were in survival mode.”

Bettors placed $114.9 million in wagers at Iowa sportsbooks in May, according to official data released Thursday. That is down 2.9% from the $118.4 million in bets generated in April, and well short of the record $161.4 million in wagers in March. Betting fell to $3.7 million per day over the 31 days in May from $3.9 million over the 30 days in April.

Net operator revenue reached $6.1 million in May, down from $7.7 million in April. That resulted in $414,175 in tax revenue.

This is the second consecutive month-over-month decline for Iowa, which isn’t a surprise. In April, all but one U.S. legal sports betting jurisdiction reported a month-over-month decline, including all of the nation’s 10 largest markets. Of those, only Nevada (-29.1%) and Michigan (-30.5%) experienced a larger dip from March to April than Iowa’s 26.7% decline.

“Iowa is more driven by college athletics than the majority of the largest markets in the U.S., so the end of college basketball season was bound to have an outsized effect,” said Dustin Gouker, analyst for PlayIA.com. “But a surge by the Cubs and White Sox in May was a big help for sportsbooks. If both teams can remain relevant this summer, it should really be a boost ahead of football season.”

$99.9 million in bets were made online in May, representing 87% of the state’s overall handle. That is down from 88.3% of the state’s handle in April. Retail betting accounted for the remaining $15.0 million, up from $13.8 million in April.

William Hill, which partners with six Iowa casinos — Prairie Meadows, Horseshoe Casino Council Bluffs, Isle Casino Hotel Waterloo, Isle of Capri Bettendorf, Lakeside, and Harrah’s Council Bluffs — led the market again with $37.6 million in wagers, including $35.3 million in online wagers. William Hill’s combined retail and online handle was down from $39.1 million in April and produced $1.1 million in net receipts. 

Wild Rose, which includes DraftKings and BetRivers, was second with $33.8 million in online and retail wagering. That is down from $34.6 million in April. $33.5 million of those bets were made online. Wild Rose led the market with $1.4 million in net receipts.

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Fueled by FanDuel and BetMGM, Diamond Jo took in $27.6 million in combined wagers, which included $24.3 million in online wagering. The combined bets led to a market-leading $2.5 million in net receipts.

“New operators will be pushing to launch ahead of football season, which will shake up the market a bit,” Welman said. “But for the moment, it appears the market leaders in Iowa are entrenched.”

For more information and analysis on regulated sports betting in Iowa, visit PlayIA.com/news.

About the PlayUSA.com Network:
The PlayUSA.com Network is a leading source for news, analysis, and research related to the market for regulated online gaming in the United States. With a presence in over a dozen states, PlayUSA and its state-focused branches, including PlayIA.com, produce daily original reporting, publish in-depth research, and offer player advocacy tools related to the advancement of safe, licensed, and legal online gaming options for consumers.

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RG24seven collaborates with industry experts to expand landmark Sports Betting training for gaming employees

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RG24seven Virtual Training, the industry-leading, free video-based virtual training system for casino and gaming employees and a BMM Innovation Group (BIG) company, is pleased to expand training offerings to include new sports betting courses. The new courses highlight the fundamentals of sports betting, the legal landscape, ethics and marketing, and responsible gaming practices.

Wendy Anderson, CEO of RG24seven Virtual Training, said, “We all play a part in upholding the reputation and credibility of our industry. We brought together top experts in the industry to create these courses and ensure that gaming employees are fully informed about all aspects of working in and around sports betting.”

Victoria Reed, CEO of Better Change and Strategic Advisor for RG24seven, added, “We also want to provide gaming employees with as much information as possible about the variables that influence the sports betting industry, such as the laws, its reputation, and why it’s important that we remain as ethical as possible. We hope learners will gain a strong working knowledge of sports betting, as well as understand the significance of the regulations, integrity in sports, and responsible gaming.”

Anderson concluded, “Sports betting is meant to be fun, and it’s even more so when you fully understand not only the terminology but also how you can protect both yourself and your customers from gambling harm. We welcome gaming company executives, managers, and other representatives to request organization-wide access to our new training.”

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Wildly popular ‘Fortune Tiger’ game among PG Soft Brazil rollout

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Global iGaming powerhouse SkillOnNet has announced the expansion of its strategic partnership with award-winning game developer PG Soft bringing the studio’s acclaimed content to the regulated Brazilian market.

The move comes just months after SkillOnNet went live in Brazil with its licensed brands PlayUZU.br and BacanaPlay.br, as one of the first operators to gain approval from the brand-new licensing regime.

The integration of PG Soft’s engaging portfolio, including the wildly popular Fortune Tiger, will bolster SkillOnNet’s offering in one of the most exciting emerging markets in the world.

Fortune Tiger, known locally as Jogo do Tigrinho, has become a cultural phenomenon in Brazil. Its rapid rise has been fueled by viral marketing on platforms like TikTok and YouTube, where influencers showcase big wins and gameplay tips.

PG Soft’s content is already live in over 100 countries and supports 23 languages and 100 currencies. Known for rich visuals and innovative mechanics, the studio has earned global recognition for its ability to connect with players across diverse markets.

SkillOnNet operates more than 40 brands in regulated markets globally and boasts a platform of over 7,000 titles from the industry’s top providers. PG Soft’s integration further diversifies SkillOnNet’s content portfolio, solidifying its position as a key player in Brazil’s rapidly growing iGaming landscape.

Jani Kontturi, Head of Games at SkillOnNet said: “Brazil is a market full of potential, and we’re investing heavily to ensure we become a top-tier operator here. PG Soft’s content, especially Fortune Tiger, has already made a big impact in the region. This collaboration strengthens our commitment to localising our offering and bringing world-class entertainment to the market.”

PG Soft commented: “We’re delighted to extend our partnership with SkillOnNet into Brazil, a market where our games – especially Fortune Tiger – have really resonated with players. SkillOnNet is a leading name in regulated markets, and their ambitious plans for Brazil match our own. We’re confident that this collaboration will set a new benchmark for quality and engagement in the region.”

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Conferences

EGT Digital at SBC Summit Americas 2025: High-tech gaming solutions for brilliant performance

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EGT Digital at SBC Summit Americas 2025: High-tech gaming solutions for brilliant performance

 

EGT Digital is ready for its first memorable participation in SBC Summit Americas. The company has prepared a fascinating range of innovative online gaming products, which will be available at booth C290.

EGT Digital will demonstrate its impressive portfolio of in-house developed slot games, including over 140 popular titles, as well as the jackpot bestsellers Bell Link, High Cash, Clover Chance, and Single Progressive Jackpot.

Visitors will also be able to learn more about the 4-level multi-denomination Gods & Kings Link, the latest member of the company’s jackpot family. Its first 2 games – Glorious Alexander and Ape of Luck, will provide players with numerous opportunities for winning and entertainment.

The newest addition to Clover Chance – the 5×6 Fruity Shots game, will also attract players’ attention. With a vibrant cocktail theme, it will offer functionalities such as the Toppling Reels feature, adding extra excitement by filling empty positions with new symbols, thus creating even more chances to win.

The company’s iGaming platform X-Nave will also be on display to provide operators with everything they need to build and grow their online business. It will demonstrate its 4 main modules: Sport Product, Gaming Aggregator, CRM Engine, and Payment Gateway. Standing out with great versatility, each of them is able to function as part of the turnkey solution or independently, as they allow seamless integration with third-party developments.

The Sport Product will introduce its rich sports and esports content across a number of markets around the world. EGT Digital’s Gaming Aggregator will reveal a vast range of over 13,000 titles from more than 130 popular providers, as well as a lot of functionalities for content personalization. X-Nave’s CRM Engine with its ever-evolving player management tools and bonus features, as well as the Payment Gateway, covering a wide variety of payment methods, will further expand operators’ capabilities to create customized and more engaging offerings for their customers.

“SBC Summit Americas is a well-established event, bringing together key players from across the LATAM region,” said Tsvetomira Drumeva, Head of Sales at EGT Digital. “I am confident that our participation will provide us with numerous options to start new high-potential collaborations and strengthen our existing partnerships. We are also happy to be among the finalists in the SBC Awards Americas 2025 this year.”

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