Tag: Iowa
Bally’s Strikes Iowa Mobile Sports Betting Deal
Bally’s has reached an agreement to bring Iowa mobile sports betting to state residents via their new relationship with Elite Casino Resorts. The partnership follows Bally’s recently announced agreement to obtain sports book provider Bet.Works. Bally’s agreed to purchase the Bet.Works earlier for $125 million. Notably, expansion of Iowa mobile sports betting will be the operator’s initially market place entry in a jurisdiction the place it does not possess a land-primarily based on line casino home. After all pending land-based mostly acquisitions are concluded, which contain further properties in Indiana, Illinois, Louisiana and Nevada, the industry obtain arrangement will mark…
Iowa Regulates Sports Betting
The state of Iowa regulates sports betting after Governor Kim Reynolds signed proposed legislation on Monday which authorizes gambling on college and professional sports. Lawmakers had approved the bill on April 22, and the proposed law was only awaiting the governor’s signature to become effective. There are now eight states in addition to Nevada that have introduced full-scale legalized sports gambling and opened sports books ever since the United States Supreme Court voted in May 2018 to allow states to pass their own laws either allowing or prohibiting betting on professional and college sports. Iowa’s legislation allows residents 21 years…
Iowa Sports Betting Passes Senate
An Iowa sports betting bill was advanced by lawmakers through a crucial Senate committee last week, setting up a likely vote before the entire chamber in the coming days and pushing legal wagering on step closer to fruition. Following the recommendations of a three-person subcommittee meeting earlier this week, the Senate Ways and Means Committee passed SF 366, which would allow licensed riverboat casinos and racetracks to take wagers on sporting events. More significantly, it allows third-party online vendors into the market, drastically expanding the potential for betting on sports in Iowa. If passed, Iowa could become just the seventh…
Sports Betting in Iowa Gets a Look
Casinos would run sports betting in Iowa if the new bills in the Iowa House and Senate were to legalize the practice. Bets would be allowed on college and professional sports at the state’s 19 land based casinos, as well as online if Iowans visit a casino in person to register an account and provide age verification. The requirement to visit a casino in person would sunset after 18 months under a Senate bill. The bill, which passed a Senate subcommittee Tuesday, would also legalize fantasy sports for the first time in Iowa. A similar bill in the House is…
Iowa Supporters Hope SCOTUS Will Legalize Sports Betting
A pending decision by the U.S. Supreme Court could open the door to legalize sports betting in any state that approves it. A nonprofit organization that supports Iowa’s casinos plans to draft legislation that would legalize sports gambling in the state, should the U.S. Supreme Court rule in a way that makes that possible. That eventually could allow state-licensed casinos like the Hard Rock Hotel & Casino Sioux City to offer wagering on sporting events along with slot machines and table games. “I think there’s a great deal of interest among people (who want) the opportunity to bet on a…
William Hill and Caesars Set for Iowa Race Book
William Hill, America’s leading Race & Sports Betting company, is partnering with Caesars Entertainment to bring back pari-mutuel simulcast wagering to the Horseshoe Council Bluffs Casino. Bettors at the William Hill Race Book inside the Horseshoe Council Bluffs Casino will be able to wager on major Thoroughbred, Harness, and Greyhound tracks from around the country – seven days a week. The simulcasting area will be adjacent to the main Casino floor and include a state-of-the-art Sports Bar and video wall. Pending regulatory approvals and the construction schedule, the William Hill Race Book will open prior to the 2017 Kentucky Derby….