Legal Iowa Sports Betting Goes Live, Becomes 11th State To Launch

by | Aug 15, 2019 8:03 am | Sports Betting | 0 comments

Legal Iowa Sports Betting Goes Live, Becomes 11th State To Launch
  • With eight sportsbooks launching on the same day, Iowa sports betting will be the largest launch in American sports betting history.
  • Betting on collegiate games is permitted but in-game player prop bets involving an Iowa team or opponent are prohibited.
  • Mobile betting will also be ready to go for some of the launching sportsbooks but betting is restricted to in-state only, per federal laws.

DES MOINES, Iowa. – Sports betting is Iowa is ready to become legal when the first bets will be placed at noon on Thursday. This will make Iowa the eleventh state to launch a legal sports betting industry within the country.

Eight sportsbooks in Iowa will begin accepting wagers on the same day, making the state the grandest sports betting launch the country has seen so far.

Bettors were able to sign up for their mobile betting accounts at Iowa casinos since Tuesday, as the majority of the books that are opening will have their online platform available as well.

The Casinos Ready For Sports Betting

ELITE Sportsbook at Riverside Casino & Golf Resort
ELITE Sportsbook at Rhythm City Casino Resort

William Hill Sports Book at Lakeside Hotel & Casino

While these eight are ready to launch on Thursday, the remaining sportsbooks in Iowa all have plans to begin operations before the start of the NFL season.

Popular athletes and town officials will be placing the first bets such as Bettendorf Mayor Robert Gallagher (Isle Bettendorf), MLB Hall of Famer Andre Dawson (Isle Waterloo), WWII-Veteran Joseph Reynolds (Lakeside), and University of Iowa two-time All-American Tim Dwight (Ameristar).

What Are The Sports Betting Regulations In Iowa?

As some states have decided to prohibit wagers on in-state collegiate teams, Iowa took a different route. Betting on collegiate games being played inside the state or involving an Iowa-based university are permitted; however, sportsbooks will not offer odds on in-game player prop bets.

Restrictions of this bet type focus both on the university within Iowa as well as their competition but this prohibition only is set for college betting. In-game player prop bets on professional sports are permitted.

Sports betting is limited to those 21 and older and winnings are no longer subject for garnishment for owed debt to the state.

Mobile betting will only be permitted within state lines, in accordance with the Federal Wire Act. Also, users are required to register in person until the beginning of 2021.

Looking forward, the next Iowa casinos prepared to launch sports betting are Harrah’s Council Bluffs Hotel & Casino and Horseshoe Council Bluffs on August 23. The latter will feature hometown athletes Terence Crawford and Eric Crouch for the ribbon-cutting ceremony. Grand Falls is currently undergoing renovations that will include a physical sportsbook.

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