Home NewsSports Betting In Iowa, Fanatics has replaced PointsBet.

In Iowa, Fanatics has replaced PointsBet.

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Fanatics Betting and Gaming has launched its sportsbook brand in Iowa replacing PointsBet.

Iowan players can download the Fanatics Mobile App and bet on sports. PointsBet users’ logins, passwords and account information will be automatically transferred to Fanatics Sportsbook.

This will include the existing PointsBet retail Sportsbook in Catfish Bend Casino being rebranded to a Fanatics Sportbook. The project includes the installation of new Suzohapp self-service betting booths.

Iowa is the 12th State for Fanatics Sportsbook. This is the final phase in FBG’s plan to gradually remove the PointsBet name across the US after its August 2023 acquisition of PointsBet US.

Connecticut, Colorado and Kentucky also offer the Fanatics sportsbook online. Kentucky, Maryland Massachusetts, Ohio Pennsylvania Tennessee Vermont Virginia West Virginia West Virginia Retail betting outlets are also available in West Virginia and Pennsylvania.

FBG offers casino games via Fanatics Casino in addition to sports betting. Currently, it is available only in Pennsylvania and West Virginia.

FBG has previously said that completions on other US markets will proceed as planned. The operator did not give a timeline for when they expect to complete further acquisitions and launch subsequent products.

Iowa expands sports betting market

FBG replaces PointsBet as the sports betting provider in Iowa. The market is continuing to grow.

In December, the latest monthly result showed that a total of $282.7m was handled (PS224.0m/EUR262.5m). It was a 23.0% increase from the $229.9m handled in Iowa during December 2022, but only 2.4% ahead of $289.7m achieved in November 2023. Online, $258.3m and retail betting totaled $24.4m.

Revenues in December reached $26.3m, an increase of 28.9% over the $20.4m generated in November. This is also 86.5 % higher than last month’s revenue of $14.1m. All revenue was made up of $23.6m from online betting and $2.7m retail wagering.

Diamond Jo Dubuque, FanDuel and FanDuel led the market in December with a combined revenue of $7.6m on $68.7m bets.

Wild Rose and DraftKings came in second place with revenue of $43.3m. Wild Rose Emmetsburg was a DraftKings Partner that came in third place with revenue of $3.0m from $27.5m wagers.

In December, the partnership between Catfish Bend Casino and its legacy brand PointsBet generated revenues of $331 818 from bets totaling $4.6 million.

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