Sportrade Comes to An Already Overcrowded Iowa

Written by :

C Costigan

Published on :

4 May, 2024

Sporttrade announced this week it will become the 18th mobile sportsbook app in a state with an adult population just over 2 million - Iowa.

The Philadelphia-based company already operates out of New Jersey and Colorado.

From its website:

"Sporttrade was borne out of the belief that the golden age of sports betting has yet to come. Combining proprietary technology, thoughtful design, and capital markets expertise, our platform endeavors to modernize sports betting for a more equitable, responsible, and accessible future."

It will partner with the Wild Rose Casino & Hotel, Clinton, just 45 minutes north of Davenport and the Quad Cities.

The Wild Rose Casino & Hotel already has tie-ins with DraftKings and BetRivers.

March By The Numbers

Operator     Handle     Revenue
DraftKings    $98.8 million    $6.6 million
FanDuel    $67.7 million    $5.1 million
Caesars    $30.3 million    $1.4 million
BetMGM    $17.9 million    $1.1 million
ESPN Bet    $10.7 million    $790,000
bet365    $8.8 million    $582,000
Fanatics    $6.7 million    $220,000
BetRivers    $3.5 million    $241,000
Circa Sports    $2.4 million    $150,000
Bally's    $1.1 million    -$29,000
Tipico    $1.08 million    $103,000
BetFred    $1.05 million    $54,000
SportTrade Coming Soon Coming Soon

"Today we're privileged to introduce the Sporttrade experience in Iowa," said Alex Kane, Sporttrade Founder and CEO. "Sporttrade isn't just any old sportsbook. We're on a relentless mission to transform the way players think about sports betting."

"Sporttrade will be attractive for sports bettors who want a premium betting experience; higher limits, better prices, and concierge care. " said Kane. "Thank you to the Iowa Racing and Gaming Commission, thank you to our players, and most of all, I want to thank the Sporttrade family of employees."

"We believe that our collaboration with Sporttrade represents the future of gaming, and we're grateful for their latest innovation." said Brian Diver, President of Wild Rose Entertainment. "

By Chris Costigan

Chris founded Gambling911.com in 1999 and serves as the website's publisher. He brings more than 3 decades of expertise related to the gambling and sports betting sector.