Subscribe

Iowa

Latest newsCompetitor landscapeMarket dataRegulation
[infogram id=”_/mPzGEqRLMvMVedI1cbuC” prefix=”n5W” format=”interactive” title=”Iowa – Competitor landscape”]
[infogram id=”_/XIrAk0xtDQzxGXknacwp” prefix=”c19″ format=”interactive” title=”Iowa – Market data”]

Is sports betting legal? 

Yes

Governor Kim Reynolds signed bill S 617 in May, legalizing sports betting for the state’s 19 casinos both in-person and online. Up to two skins are allowed per licensee.

Regulator details

Iowa Racing and Gaming Commission

DMACC Capitol Center

1300 Des Moines Street, Suite 100

Des Moines, IA 50309

Phone: 515-281-7352

irgc@iowa.gov

https://irgc.iowa.gov

Chair: Kristine Kramer

Is sports betting permitted online?

Yes, mobile betting is legal.

LEGALIZATION DATE
May 13, 2019

MARKET LAUNCH DATE
August 15, 2019

AUTHORIZED OPERATORS
Commercial casino, tribal casino & online operators

RESTRICTED BET TYPES
Prop betting on in-state collegiate teams

AGE REQUIREMENT
Must be 21+

BETTING ACCOUNT REGISTRATION
Starting January 2021, customers of online sportsbooks are no longer required to register or fund their accounts in person

TAX RATE
6.75% on sports betting revenue

TAX REVENUE ALLOCATION
The majority of sports betting tax revenue goes to the state general fund

LICENSE FEES
$45,000 initial license fee
$10,000 annual renewal fee

OFFICIAL DATA MANDATE
None

INTEGRITY FEE
None

Is there any specific legislation for daily fantasy sports?

Yes, DFS was also legalized as part of bill S 617.