dead man’s hand tattoo Sports wagering total in December marks the 3rd record-setting growth month in a row for the Hawkeye State and represents the highest month since the start of legal sports betting in 2019, Brian Ohorilko, administrator of the IRGC outlined, expressing his surprise that Iowa passed the $100 million threshold earlier than expected..“This is our highest month since we started back in 2019, and it was the first time we surpassed $100 million in handle. I did anticipate that we would eventually get there, but I think this is maybe a bit earlier than I thought.” Brian Ohorilko, Administrator, IRGC.Of the $104.8 million accepted in wagers, sportsbooks returned nearly $97.3 million to bettors as payouts, keeping $7.54 million as profits, registering an operator profit margin of 7.2%, well within industry long-term accepted range between 7% and 8%. 74.4% of all December wagers, or nearly $78.1 million, were placed online..And factors such as the upcoming Super Bowl and NCAA March Madness, as well as the January 1, 2021 change in Iowa law to allow online betting without the requirement to register in person at one of the state licensed casinos, strongly suggest the sports betting market would only continue to grow..For the fiscal-year-to-date (FYTD) started July 1, 2020, total wagers accounted for nearly $419.5 million, out of which bets amounting to $300 million were placed through online channels.