Legal Sports Report

Iowa Sports Betting

Iowa sports betting is on its way.

The state has legalized wagering as of May 13, 2019, although it will still be months until wagering is available.

Read on for more about the future of Iowa sports betting.

Latest Iowa sports betting news

Iowa sports betting basics

Iowa sports betting is legal. But just because the state enacted a law does not mean you can bet legally right away.

The new law must be implemented, regulations must be written, and sportsbooks must be licensed.

What we do know: Iowa sports betting will take both in physical locations and on sportsbook apps around the state sometime after the law takes effect.

The new portion of the gaming industry will be overseen by the Iowa Racing and Gaming Commission.

Iowa sports betting launch date

There is no hard date for sports betting in Iowa to launch. But it is certainly possible that the first sportsbooks could launch in 2019, perhaps even in time for NFL season.

Online sportsbooks could also launch this year, although it’s far more likely that you will have to wait until 2020 to bet online.

Iowa sportsbook apps

Because of the open nature of the sports betting market, there should be a lot of different apps in play, perhaps up to two per casino.

Here is an incomplete list of the brands that you could see in Iowa.

  • DraftKings Sportsbook
  • FanDuel Sportsbook
  • PointsBet
  • playMGM
  • William Hill
  • FOX Bet
  • Bet365
  • 888
  • BetAmerica
  • Caesars Sportsbook

Both William Hill and PointsBet already have deals in place that will let them serve the state, should they and the licensed casino get approved.

Sports bettors will have to go to the corresponding casino to sign up for an app through the start of 2021, however, per the new law.

What’s in the Iowa sports gambling law?

The law contains a number of specifics on how sports gambling.

  • 6.75% tax rate on revenue
  • $45,000 license fee
  • Mobile betting will be allowed
  • Up to two different sportsbook apps can operate under each license
  • You must register for mobile apps in person until Jan. 1, 2021
  • Operators may not take prop bets involving in-state college teams
  • Regulated by the Iowa Racing and Gaming Commission

Iowa sports betting FAQ

Is sports betting legal in Iowa?

Yes, but you can’t actually bet legally yet. An official launch should come this year.

Where can I bet on sports in Iowa?

You will be able to bet at the state’s 19 casinos, assuming that they will all want to offer sports wagering.

Will mobile sports betting be available in Iowa?

You will also be able to bet online from anywhere in the state, once you register with an app in person. The in-person requirement will go away in 2021.

Who can apply for an Iowa sports betting license?

The 19 casinos are able to be licensed. But each licensee can have two different “skins” or brands under their license.

Who can bet on sports in Iowa?

You must be 21 years old to bet on sports in Iowa.

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