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PlayIA.com: Iowa’s online sportsbooks enjoy first $100 million month, but fresh records lie just ahead

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Iowa’s online and retail sportsbooks closed 2020 on a record pace, collecting more than $100 million in bets in December 2020 alone to approach $600 million in handle for the year. But with in-person registration for online sports betting now expired, those high-water marks will be short-lived, according to analysts for PlayIA, which tracks regulated online and retail gaming in the state.

“What Iowa’s sports betting industry has achieved, becoming the seventh-largest market in the U.S., in spite of a significant handicap like in-person registration has been impressive,” said Jessica Welman, analyst for PlayIA.com. “But with in-person registration now gone, Iowa’s sports betting market should take off. The monthly handle should make a jump forward in the coming months.”

According to official data released Friday, December brought a record $104.8 million in sports wagers, making Iowa the eighth state to surpass $100 million in wagers in a single month. That produced $7.5 million in net receipts, yielding $508,748 in state taxes.

In a year that saw the cancellation of March Madness, and four months of the college and professional sports calendar wiped out, Iowa bettors wagered $575.2 million in 2020. That will likely place the state seventh among legal sports betting jurisdictions in terms of handle. Those bets produced $41.6 million in net receipts and $2.9 million in state taxes.

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With the sports schedule expected to be more stable 2021, and in-person registration gone, the room for growth in the year ahead is significant. Online betting generated $405.2 million in bets, or 70.4% of the state’s handle in 2020. But in Indiana, where there is no-in-person registration requirement, online betting currently accounts for about 85% of the handle.

PlayIA.com projects that within five years Iowa will grow into a market that generates more than $4 billion in bets annually.

“Assuming Iowa follows a similar pattern, which it should, online betting will not only represent an even larger share of the sports-betting pie, but it should also grow the overall size of that pie,” said Dustin Gouker, analyst for PlayIA.com. “Removing in-person registration is a huge step toward market maturity.”

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

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Maverick Games Launches Sports Betting Operations in Ontario

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Maverick Games has launched sports betting operations in Ontario, through a partnership with Delasport.

Maverick Games will offer Ontarian players a premium sports betting experience, built on Delasport’s superior technology and known for its unique innovative features that players love including personalization, recommendations, gamification, quick bets, player engagement features, and more.

Maverick Games is the second brand to launch on Delasport’s technology in Ontario, with another full turnkey brand set to go live soon. Delasport also recently unveiled its innovative sports betting jackpot network game, SuperPot. The company will showcase this unique product at the Canadian Gaming Summit next month and begin rolling it out to Ontarian operators shortly thereafter.

“We are proud to see Maverick Games live and thriving with our one of a kind sportsbook solution at its core. They have been a fantastic partner from the start, and this launch further demonstrates how fast and efficient our technology is when paired with a clear vision and strong collaboration,” said Rosaire Galea Cavallaro, VP of Business Development at Delasport.

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“Maverick Games’s sports vertical is a major step forward for us and launching it with Delasport has been the right move from day one. The platform’s performance and flexibility allow us to deliver the kind of user experience we believe Ontario players deserve. We’re excited to now bring that vision to life,” CEO Matt Rathbun said.

The post Maverick Games Launches Sports Betting Operations in Ontario appeared first on Gaming and Gambling Industry in the Americas.

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Tsleil-Waututh Nation Signs MoU to Acquire Casino Business at Hastings Racecourse & Casino

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Tsleil-Waututh Nation (TWN) announced that it has signed a Memorandum of Understanding to acquire the casino business and related real property interests at Hastings Racecourse & Casino (Hastings) in the City of Vancouver from Great Canadian Gaming Corporation (Great Canadian Entertainment).

“We are thrilled to take another important step towards economic self-determination for our Nation in our traditional territory, and we are eager to work with the senior management team at Great Canadian Entertainment to finalize due diligence and execute a definitive agreement, as well as working with the City of Vancouver to ensure the best long-term use of this important asset within the City. We believe that this opportunity is historic for us in many ways, and we look forward to entering the gaming industry in due course,” said Jen Thomas, Chief of the Tsleil-Waututh Nation.

“We are excited about working with TWN on their potential acquisition of the casino operations and related real property interests at Hastings Racecourse & Casino. Recognizing that Hastings is part of the TWN’s traditional territory, we can think of no better entity to inherit this asset, and we look forward to supporting them in the transition after the anticipated close of the sale,” Matt Anfinson, Chief Executive Officer of Great Canadian Entertainment.

The agreement is subject to further due diligence, finalization of financial terms and the execution of a definitive purchase and sale agreement. Once a definitive agreement has been executed by the parties, it is anticipated that the transaction will be subject to customary closing conditions as well as customary approvals by gaming regulatory and other authorities, including certain approvals by the City of Vancouver given its ownership of the real property. It is expected that Great Canadian Entertainment will provide transition services to TWN for a period of time following the anticipated closing.

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Ben Clemes

High Roller Submits Gaming License Application in Ontario

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High Roller Technologies, operator of the premium online casino brands High Roller and Fruta, announced the submission of its Internet Gaming Operator license application in Ontario, Canada, targeting the launch of its flagship brand HighRoller.com in the second half of 2025.

“The submission of our licensing application to access Ontario’s regulated online gambling market is an important milestone in our Company’s journey. Once our application is approved, we anticipate that we will have the opportunity to launch our online casino product into the market later this year,” said Ben Clemes, Chief Executive Officer at High Roller.

Ontario is one of the largest regulated online gambling markets in the world as measured by gross gaming revenue. In 2024, regulated online gambling operators within the province generated approximately $2.3B in gross gaming revenue, and growth continues to be recorded in the first half of 2025. Recently, the province of Alberta passed enabling legislation to establish a regulatory framework for online gambling. Once available, the Company also intends to pursue licensure in Alberta to expand its regulated market footprint in Canada.

“Ontario is missing an elegant brand like High Roller. We’re excited to roll out the red carpet for our new customers, and we’re looking forward to showcasing our tremendous product,” said Clemes.

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