The first online sportsbooks went live Sept.
Iowa started accepting bets on Aug.
Though Iowa has a smaller in population and has no professional sports teams, it's one of the more lucrative per capita markets in the country and benefits from sharing boarders with multiple states yet to legalize.
More online sportsbooks could come into the state too.
It now leads all states in handle, despite a betting ban on in-state colleges, which cost it during Saint Peters' Cinderella run to the Elite Eight.
It's one of the first "grey states" to take bets without approval from lawmakers or voters, though only six retail locations are open.
Tennessee was the only state that made the operators return a mandatory 10% hold - basically, the books needed to keep 10 cents of every dollar wagered, or pay a fine.
The deal does not permit statewide mobile betting or wagering on in-state college sports, and there's no timetable for online betting.
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