The state of Iowa officially began allowing sports betting on August 15th of this year. Many casinos around the state now offer sports betting odds. This week, the Diamond Jo Casino officially opened its sportsbook.
It’s great to see Iowa embracing sports gambling. Hopefully, this industry brings the state millions of dollars in additional revenue every year. Let’s take a quick look at why lawmakers here decided to make sports betting legal.
Iowa’s Road to Sports Betting Legalization
Iowa is thought of as a very liberal state when it comes to gambling laws. For years, most forms of gambling have been legal here. There are 19 casinos spread around the state, as well as several horse racing tracks.
For decades, only Nevada was legally allowed to offer sports betting. This changed in May of 2018 when the US Supreme Court struck down PASPA. Immediately afterward, every state had the right to set laws on the sports betting industry.
Many states around the country have now legalized sports gambling. A sports gambling bill was introduced here earlier in the year and approved during the most recent legislative session. Eight casinos officially began offering sports betting odds on August 15th, and several more have begun to offer sports betting since that time.
Several casinos offer online sports betting, as well. In order to make online bets here, however, you will need to register inside of a land-based sports casinos. It’s the same set of laws that states like Nevada have in place.
This week, the Diamond Jo Casino officially launched its sports betting platform. It’s great news for sports fans in the Worth County area. Let’s look at what this casino is now offering.
Diamond Jo Casino in Iowa Unveils New Sportsbook
Competition in Iowa’s casino industry is extremely competitive. As you might expect, many casinos are trying to lure in gamblers with their new sportsbooks. The Diamond Jo Casino brought in a number of famous sports stars to give their sportsbook new exposure.
Visitors to this casino were surprised to see former Minnesota Viking and NFL Hall of Famer John Randle make the casino’s very first sports wager. Like several US casinos, Diamond Jo is teaming up with FanDuel to offer sports bets.
Scott Smith, general manager of this casino, spoke about the process of launching a sportsbook to the media this week.
“It is just training but we hire great people to work at the sportsbook and the property itself,” he said. “It’s been pretty smooth. We have great partners and are excited for this opportunity.”
“Be safe, have fun with it and good luck,” he added.
Diamond Jo’s online sports betting platform will soon be up and running. We’ll need to wait and see how successful this sportsbook is compared to others in the state.
More States Will Soon Offer Sports Betting
Iowa is the 11th state to officially legalize and regulate sports betting. Many other states have pending legislation to allow this industry. Several gambling analysts predict that Montana will be the next state to officially launch sportsbooks.
Montana Governor Steve Bullock officially signed a sports betting bill into law back in May of this year. The state’s lottery will be in charge of regulating this industry. Land-based and online sports betting will become available here sometime over the next few months.
Tennessee is also scheduled to launch sports betting this year. Lawmakers approved a sports gambling bill in May, with a 20% tax rate applied to all sports betting operators. Like the rest of the US, Tennessee requires you to be at least 21 years old in order to place sports wagers.
There is also a wide range of great online sportsbooks available in the US. These sites are based in other countries and are not regulated by state governments. One of the most popular gambling sites is Bovada, which offers great casino and sports betting options to its members.
In time, it’s likely that every state will have regulated sports betting options. Make sure to stay tuned for updates on how the Diamond Jo Casino fares with its new sportsbook!