Iowa February 2026 Gaming Revenue $156M, Casinos Up 7%

February 2026 Revenue Information

• Tuesday, March 17, 2026

• News Release

In figures provided to the Iowa Racing and Gaming Commission, Iowa’s licensed casinos and sports wagering operators reported $156.0 million in receipts for February 2026. Casino revenue increased almost 7%, while sports wagering revenue decreased by almost 7%.  Additionally, the amount wagered on the Super Bowl declined by more than 18% from last year.

“The revenue and tax numbers indicate that casino gaming in Iowa continues to be strong for the second month of 2026,” noted Tina Eick, administrator for the Racing and Gaming Commission.  “While sports wagering numbers were down for February, this is not a reliable predictor of the overall market.  Based upon the teams playing this year, Iowans weren’t as interested in betting on the Super Bowl.  That had a negative impact on sportsbook revenue for the month.  However, overall interest in sports wagering in the state continues to be strong.”

Casino Revenue and Taxes

Iowa casinos reported an increase in revenue  of 6.97% compared with February 2025.  Gaming taxes collected by the state increased 5.31% over February 2025:

• $136.21 million – Adjusted Gross Revenue
• $25.72 million – State Gaming Taxes

Sports Wagering Revenue and Taxes

Sports wagering operations in the state reported a decrease in revenue of 6.82% from February 2025. State taxes on sports wagering decreased by 7.44% from February 2025:

• $19.82 million – Sports Wagering Revenue
• $1.34 million – State Sports Wagering Taxes

Super Bowl LX Wagering

Iowa sports wagering operations reported a total of $17.47 million dollars wagered leading up to and during the course of the Super Bowl on February 8, 2026.  This showed a decline in activity in comparison with last year of 18.44%, as $21.42 million was wagered in 2025:

• $14.85 million wagered prior to the Super Bowl
• $2.62 million wagered in-game during the play of the Super Bowl

Additional Information

As of February 2026, a total of 19 state-licensed casinos are operating in Iowa. Currently, 11 state-licensed entities offer online sports betting in the state. Details for each casino and sports betting operator’s revenue statistics are available on the IRGC website.

Gambling in any form is for entertainment purposes only. If you or someone you know may have a gambling problem, call 1-800-BETS-OFF or visit yourlifeiowa.org for additional resources. Iowa residents can also visit irgc.iowa.gov for information on the statewide self-exclusion program.

The mission of the Iowa Racing and Gaming Commission is to administer the laws and rules for gambling and wagering in Iowa in order to ensure the integrity of licensees and their operations, maintain public confidence in regulated gambling and wagering activities in Iowa, and promote economic development for the citizens of Iowa. Learn more at irgc.iowa.gov/mission-statement.