he legalization of gambling in the Hawkeye state began way back in 1991, when the country developed laws to allow each country to deliberate on building land-based casinos. As a result, 18 land-based casinos were established, all sanctioned to operate. The democratic space created for gambling matters also resulted in the building of several tribal and riverboat casinos.
In the past, attempts to legalize gambling in Iowa failed, probably due to the proscriptive regional climate towards gambling. For example, a bill drafted in 2013 failed soon after landing at the state assembly for deliberation. Also, similar subsequent attempts didn't see the light of day. Undeterred, the Iowa legislators resolved to formulate a scheme that would enable their residents to benefit from and enjoy gambling.
Experts speculated that the Hawkeye State would be among the states that would legalize Iowa online sports betting, right alongside Nevada, New Jersey, and Delaware. True to predictions, the state passed a new bill that saw Iowa jump into the US sports betting center within just three months of legislation.
13th May 2019 – Great Happening for Iowa Sports Betting
Iowa was the 11th state to legalize sports betting. This legalization came through the Sports Wagering Act, which the State Assembly approved on 13th May 2019. The new law paves the way for punters to bet on fantasy sports and professional and college sports.
However, even though the law had sanctioned sports betting in Iowa, more work had to be done before the law could fully take effect. The Iowa Gaming and Racing Commission had to pass the relevant Administrative Rules to govern sports betting. Luckily for punters, in July 2019, the Соmmіѕѕіоn promptly addressed the issue.
The Commission also approved the rules governing Iowa sports betting on a vote of 5-0. Soon after that, the Commission began processing license applications presented by the state’s 18 casinos. In no time, sports wagering had officially taken off, just in time for the state to reap rewards from the NFL season.
To operate as a legal gambling outfit, a casino must pay a $45,000 licensing fee to the state. After that, the establishment must pay a tax of 6.75% on all its sports gambling revenue. The state allows up to two sportsbooks to operate under one license.
Presently, Iowa is one of the Middle Eastern states to watch out for as far as mobile gaming is concerned. Its residents can now freely game via their tablets and smartphones. However, punters had to register for the mobile app personally through the respective brand’s website up to January 1, 2021.
Additionally, the state boasts of 19 licensed casinos that have online betting and sports betting for their clientele. Some of the legal sportsbooks of Iowa include: