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…