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Parsing the $144k parlay payday

An anonymous better—let’s call him or her “Bettor #144″—netted $144,000 last week on an $800 bet at the William Hill Sports Book’s Isle Bettendorf Casino Hotel’s operation, news first reported by Darren Rovell of the sports betting-focused outlet Action Network and confirmed by casino officials.

Iowa sports betting: ‘Fields of Opportunities’?

Since prohibition ended in mid-August, Iowa’s IRGC-regulated casinos (Iowa’s four tribal casinos, operating under a different regulatory structure, do not offer sports betting) reported a $212.2 million handle—or amount bet—as of Jan. 9. They paid out $192.9 million to winners. Casinos captured $19.3 million in net receipts and transferred more than $1.3 million in taxes to the state, according to IRGC’s fiscal year 2020 revenue report. A staggering $75 million has been bet on sports at Altoona-based Prairie Meadows since the William Hill Sports Book venue opened in August. That handle is more than four times next biggest player, Waterloo-based Isle Casino Hotel Casino, which accepted $18.7 million in bets during the same period.