{"id":8786,"date":"2024-04-08T00:00:00","date_gmt":"2024-04-08T00:00:00","guid":{"rendered":"https:\/\/www.mundovideo.com.co\/en\/america\/hawkeye-state-bettors-could-legally-wager-on-march-madness-since-the-2020-and-jump-to-272-million-in-march\/"},"modified":"2024-04-08T00:00:00","modified_gmt":"2024-04-08T00:00:00","slug":"hawkeye-state-bettors-could-legally-wager-on-march-madness-since-the-2020-and-jump-to-272-million-in-march","status":"publish","type":"america","link":"https:\/\/www.mundovideo.com.co\/en\/america\/hawkeye-state-bettors-could-legally-wager-on-march-madness-since-the-2020-and-jump-to-272-million-in-march\/","title":{"rendered":"Hawkeye State bettors could legally wager on &#8220;March Madness\u201d since the 2020 and jump to $272 Million in March."},"content":{"rendered":"<p align=\"justify\"><span style=\"font-family: Arial, serif;\"><span style=\"font-size: large;\"><span lang=\"en-US\">Iowa bettors look to have enjoyed a second straight Final Four run by Caitlin Clark and the Hawkeyes as sports betting handle in March jumped 17.1% to $272.4 million according to figures released by the Iowa Racing and Gaming Commission.<\/span><\/span><\/span><\/p>\n<p lang=\"en-US\" align=\"justify\">&nbsp;<\/p>\n<p align=\"justify\"><span style=\"font-family: Arial, serif;\"><span style=\"font-size: large;\"><span lang=\"en-US\">In terms of dollars, handle was nearly $40 million higher as Clark &mdash; a generational talent of both women&rsquo;s and college basketball &mdash; captivated the nation with her scoring prowess in rewriting the NCAA college record books. Handle was also 68.7% higher than the $161.4 million worth of wagers placed in March 2021, which was Clark&rsquo;s first NCAA Women&rsquo;s Tournament and the first year Hawkeye State bettors could legally wager on &#8220;March Madness&rdquo; since the 2020 edition was canceled due to the COVID-19 pandemic.<\/span><\/span><\/span><\/p>\n<p lang=\"en-US\" align=\"justify\">&nbsp;<\/p>\n<p align=\"justify\"><span style=\"font-family: Arial, serif;\"><span style=\"font-size: large;\"><span lang=\"en-US\">It was the sixth-highest handle in 56 months of wagering in Iowa and the fifth above $250 million in the last six months. Though the IRGC does not disclose handle and revenue by sport, Iowa&rsquo;s three wins during the NCAA Tournament in March &mdash; the Hawkeyes beat 2023 champion LSU in the regional final April 1 &mdash; likely contributed to the 6.7% statewide hold. <\/span><\/span><\/span><\/p>\n<p lang=\"en-US\" align=\"justify\">&nbsp;<\/p>\n<p align=\"justify\"><span style=\"font-family: Arial, serif;\"><span style=\"font-size: x-large;\"><span lang=\"en-US\">Iowa bettors are not allowed to place player prop bets on college games involving in-state schools.<\/span><\/span><\/span><\/p>\n<p lang=\"en-US\" align=\"justify\">&nbsp;<\/p>\n<p align=\"justify\"><span style=\"font-family: Arial, serif;\"><span style=\"font-size: large;\"><span lang=\"en-US\">Revenue was down 8.4% compared to last year as the hold was nearly two full percentage points lower than March 2023. The state collected $1.2 million in taxes for the month, lifting the total for the first quarter of 2024 to $3.6 million.<\/span><\/span><\/span><\/p>\n<p lang=\"en-US\" align=\"justify\">&nbsp;<\/p>\n<p align=\"justify\"><span style=\"font-family: Arial, serif;\"><span style=\"font-size: large;\"><span lang=\"en-US\"><strong>You know it&rsquo;s a good month for bettors when&hellip;<\/strong><\/span><\/span><\/span><\/p>\n<p lang=\"en-US\" align=\"justify\">&nbsp;<\/p>\n<p align=\"justify\"><span style=\"font-family: Arial, serif;\"><span style=\"font-size: large;\"><span lang=\"en-US\">The win rate from wagers placed via sports betting apps was 6.6% as Iowa&rsquo;s 19 mobile sportsbooks generated $252 million handle for March. DraftKings and FanDuel were 1-2 as expected, but FanDuel&rsquo;s 7.6% hold marked the first time the digital juggernaut had back-to-back months with a sub-10% win rate since June and July in 2022.<\/span><\/span><\/span><\/p>\n<p lang=\"en-US\" align=\"justify\">&nbsp;<\/p>\n<p align=\"justify\"><span style=\"font-family: Arial, serif;\"><span style=\"font-size: large;\"><span lang=\"en-US\">FanDuel did reach a pair of milestones in the Hawkeye State, surpassing $1.5 billion handle with $67.7 million worth of bets in March, and also cleared $125 million in all-time revenue after collecting $5.1 million in winnings. DraftKings, meanwhile, narrowly missed its second month with $100 million handle, coming up $1.2 million short with its second-best month of action behind last November. It had a 6.7% hold to claim $6.7 million in revenue and pace all mobile books.<\/span><\/span><\/span><\/p>\n<p align=\"justify\">&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>It was the sixth-highest handle in 56 months of wagering in Iowa and the fifth above $250 million in the last six months<\/p>\n","protected":false},"author":1,"featured_media":8787,"menu_order":243,"comment_status":"open","ping_status":"open","template":"","format":"standard","meta":{"inline_featured_image":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[],"tags":[4603,4602,1637],"class_list":{"0":"post-8786","1":"america","2":"type-america","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"tag-caitlin-clark","8":"tag-hawkeye","9":"tag-march-madness","10":"entry"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Hawkeye State bettors could legally wager on &quot;March Madness\u201d since the 2020 and jump to $272 Million in March. - Mundo Video Entertainment | Casino News in Latin America and the World<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.mundovideo.com.co\/en\/america\/hawkeye-state-bettors-could-legally-wager-on-march-madness-since-the-2020-and-jump-to-272-million-in-march\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hawkeye State bettors could legally wager on &quot;March Madness\u201d since the 2020 and jump to $272 Million in March. - Mundo Video Entertainment | Casino News in Latin America and the World\" \/>\n<meta property=\"og:description\" content=\"It was the sixth-highest handle in 56 months of wagering in Iowa and the fifth above $250 million in the last six months\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.mundovideo.com.co\/en\/america\/hawkeye-state-bettors-could-legally-wager-on-march-madness-since-the-2020-and-jump-to-272-million-in-march\/\" \/>\n<meta property=\"og:site_name\" content=\"Mundo Video Entertainment | Casino News in Latin America and the World\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/06\/hawkeye-state-bettors-could-legally-wager-on-march-madness-since-the-2020-and-jump-to-272-million-in-march.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1299\" \/>\n\t<meta property=\"og:image:height\" content=\"861\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.mundovideo.com.co\/en\/america\/hawkeye-state-bettors-could-legally-wager-on-march-madness-since-the-2020-and-jump-to-272-million-in-march\/\",\"url\":\"https:\/\/www.mundovideo.com.co\/en\/america\/hawkeye-state-bettors-could-legally-wager-on-march-madness-since-the-2020-and-jump-to-272-million-in-march\/\",\"name\":\"Hawkeye State bettors could legally wager on \\\"March Madness\u201d since the 2020 and jump to $272 Million in March. - Mundo Video Entertainment | Casino News in Latin America and the World\",\"isPartOf\":{\"@id\":\"https:\/\/www.mundovideo.com.co\/en\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.mundovideo.com.co\/en\/america\/hawkeye-state-bettors-could-legally-wager-on-march-madness-since-the-2020-and-jump-to-272-million-in-march\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.mundovideo.com.co\/en\/america\/hawkeye-state-bettors-could-legally-wager-on-march-madness-since-the-2020-and-jump-to-272-million-in-march\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/06\/hawkeye-state-bettors-could-legally-wager-on-march-madness-since-the-2020-and-jump-to-272-million-in-march.jpg\",\"datePublished\":\"2024-04-08T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.mundovideo.com.co\/en\/america\/hawkeye-state-bettors-could-legally-wager-on-march-madness-since-the-2020-and-jump-to-272-million-in-march\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.mundovideo.com.co\/en\/america\/hawkeye-state-bettors-could-legally-wager-on-march-madness-since-the-2020-and-jump-to-272-million-in-march\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.mundovideo.com.co\/en\/america\/hawkeye-state-bettors-could-legally-wager-on-march-madness-since-the-2020-and-jump-to-272-million-in-march\/#primaryimage\",\"url\":\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/06\/hawkeye-state-bettors-could-legally-wager-on-march-madness-since-the-2020-and-jump-to-272-million-in-march.jpg\",\"contentUrl\":\"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/06\/hawkeye-state-bettors-could-legally-wager-on-march-madness-since-the-2020-and-jump-to-272-million-in-march.jpg\",\"width\":1299,\"height\":861,\"caption\":\"Hawkeye State bettors could legally wager on \\\"March Madness\u201d since the 2020 and jump to $272 Million in March.\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.mundovideo.com.co\/en\/america\/hawkeye-state-bettors-could-legally-wager-on-march-madness-since-the-2020-and-jump-to-272-million-in-march\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Portada\",\"item\":\"https:\/\/www.mundovideo.com.co\/en\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Americas\",\"item\":\"https:\/\/www.mundovideo.com.co\/en\/america\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Hawkeye State bettors could legally wager on &#8220;March Madness\u201d since the 2020 and jump to $272 Million in March.\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.mundovideo.com.co\/en\/#website\",\"url\":\"https:\/\/www.mundovideo.com.co\/en\/\",\"name\":\"Mundo Video Entertainment | Casino News in Latin America and the World\",\"description\":\"Gambling news\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.mundovideo.com.co\/en\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Hawkeye State bettors could legally wager on \"March Madness\u201d since the 2020 and jump to $272 Million in March. - Mundo Video Entertainment | Casino News in Latin America and the World","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.mundovideo.com.co\/en\/america\/hawkeye-state-bettors-could-legally-wager-on-march-madness-since-the-2020-and-jump-to-272-million-in-march\/","og_locale":"en_US","og_type":"article","og_title":"Hawkeye State bettors could legally wager on \"March Madness\u201d since the 2020 and jump to $272 Million in March. - Mundo Video Entertainment | Casino News in Latin America and the World","og_description":"It was the sixth-highest handle in 56 months of wagering in Iowa and the fifth above $250 million in the last six months","og_url":"https:\/\/www.mundovideo.com.co\/en\/america\/hawkeye-state-bettors-could-legally-wager-on-march-madness-since-the-2020-and-jump-to-272-million-in-march\/","og_site_name":"Mundo Video Entertainment | Casino News in Latin America and the World","og_image":[{"width":1299,"height":861,"url":"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/06\/hawkeye-state-bettors-could-legally-wager-on-march-madness-since-the-2020-and-jump-to-272-million-in-march.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.mundovideo.com.co\/en\/america\/hawkeye-state-bettors-could-legally-wager-on-march-madness-since-the-2020-and-jump-to-272-million-in-march\/","url":"https:\/\/www.mundovideo.com.co\/en\/america\/hawkeye-state-bettors-could-legally-wager-on-march-madness-since-the-2020-and-jump-to-272-million-in-march\/","name":"Hawkeye State bettors could legally wager on \"March Madness\u201d since the 2020 and jump to $272 Million in March. - Mundo Video Entertainment | Casino News in Latin America and the World","isPartOf":{"@id":"https:\/\/www.mundovideo.com.co\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.mundovideo.com.co\/en\/america\/hawkeye-state-bettors-could-legally-wager-on-march-madness-since-the-2020-and-jump-to-272-million-in-march\/#primaryimage"},"image":{"@id":"https:\/\/www.mundovideo.com.co\/en\/america\/hawkeye-state-bettors-could-legally-wager-on-march-madness-since-the-2020-and-jump-to-272-million-in-march\/#primaryimage"},"thumbnailUrl":"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/06\/hawkeye-state-bettors-could-legally-wager-on-march-madness-since-the-2020-and-jump-to-272-million-in-march.jpg","datePublished":"2024-04-08T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/www.mundovideo.com.co\/en\/america\/hawkeye-state-bettors-could-legally-wager-on-march-madness-since-the-2020-and-jump-to-272-million-in-march\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.mundovideo.com.co\/en\/america\/hawkeye-state-bettors-could-legally-wager-on-march-madness-since-the-2020-and-jump-to-272-million-in-march\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.mundovideo.com.co\/en\/america\/hawkeye-state-bettors-could-legally-wager-on-march-madness-since-the-2020-and-jump-to-272-million-in-march\/#primaryimage","url":"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/06\/hawkeye-state-bettors-could-legally-wager-on-march-madness-since-the-2020-and-jump-to-272-million-in-march.jpg","contentUrl":"https:\/\/www.mundovideo.com.co\/en\/wp-content\/uploads\/sites\/2\/2024\/06\/hawkeye-state-bettors-could-legally-wager-on-march-madness-since-the-2020-and-jump-to-272-million-in-march.jpg","width":1299,"height":861,"caption":"Hawkeye State bettors could legally wager on \"March Madness\u201d since the 2020 and jump to $272 Million in March."},{"@type":"BreadcrumbList","@id":"https:\/\/www.mundovideo.com.co\/en\/america\/hawkeye-state-bettors-could-legally-wager-on-march-madness-since-the-2020-and-jump-to-272-million-in-march\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Portada","item":"https:\/\/www.mundovideo.com.co\/en\/"},{"@type":"ListItem","position":2,"name":"Americas","item":"https:\/\/www.mundovideo.com.co\/en\/america\/"},{"@type":"ListItem","position":3,"name":"Hawkeye State bettors could legally wager on &#8220;March Madness\u201d since the 2020 and jump to $272 Million in March."}]},{"@type":"WebSite","@id":"https:\/\/www.mundovideo.com.co\/en\/#website","url":"https:\/\/www.mundovideo.com.co\/en\/","name":"Mundo Video Entertainment | Casino News in Latin America and the World","description":"Gambling news","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.mundovideo.com.co\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/www.mundovideo.com.co\/en\/wp-json\/wp\/v2\/america\/8786","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mundovideo.com.co\/en\/wp-json\/wp\/v2\/america"}],"about":[{"href":"https:\/\/www.mundovideo.com.co\/en\/wp-json\/wp\/v2\/types\/america"}],"author":[{"embeddable":true,"href":"https:\/\/www.mundovideo.com.co\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mundovideo.com.co\/en\/wp-json\/wp\/v2\/comments?post=8786"}],"version-history":[{"count":0,"href":"https:\/\/www.mundovideo.com.co\/en\/wp-json\/wp\/v2\/america\/8786\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.mundovideo.com.co\/en\/wp-json\/wp\/v2\/media\/8787"}],"wp:attachment":[{"href":"https:\/\/www.mundovideo.com.co\/en\/wp-json\/wp\/v2\/media?parent=8786"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mundovideo.com.co\/en\/wp-json\/wp\/v2\/categories?post=8786"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mundovideo.com.co\/en\/wp-json\/wp\/v2\/tags?post=8786"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}