Legal Sports Report

Iowa Sports Betting

Iowa sports betting is officially here.

The state legalized wagering as of May 2019 and went live in August 2019. The new portion of the gaming industry will be overseen by the Iowa Racing and Gaming Commission.

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

Iowa sports betting launch date

Iowa launched both retail and mobile sports betting on August 15. Retail and mobile sportsbooks started on the first day and will offer a traditional sports betting experience.

You will be able to download an app to your smartphone or tablet and make sports wagers from your device. Some casinos could launch mobile Iowa sports betting in August, while more are certainly expected by September.

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.

Latest Iowa sports betting news

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. They could be the earliest launchers in the market.

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. An official launch took place in August 2019.

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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