“All winners!” said Joseph Reynolds, a WWII veteran and resident of Clarke County, who placed the ceremonial first bet at Iowa’s Lakeside Hotel and Casino earlier today.
And with his $20 wager on Iowa to beat Iowa State and another $20 put down on the Kansas City Chiefs to win Super Bowl LIV, the field of sports betting dreams is now officially open.
Iowa became the 3rd state of 2019 to offer legal sports betting when several of its casinos opened their sportsbooks and began accepting wagers on Thursday, August 15 at noon CT.
The first bet is in.
“All winners!” said Reynolds. pic.twitter.com/ifcDnacKtK
— Tyler Hetu (@TheTylerHetu) August 15, 2019
The Hawkeye State joins Arkansas and New York, who began operations earlier this year, and is now the 11th state overall and the first in the Midwest to accept legal wagers on sports.
Additionally, Iowa is the first state this year to launch mobile sports betting — the most popular and fastest-growing segment of the US sports gambling market — and to have it available with land-based sportsbooks.
Delaware, Mississippi, New Jersey, New Mexico, Pennsylvania, Rhode Island, and West Virginia legalized and opened sportsbooks last year following the US Supreme Court repeal of PASPA on May 14, 2018, which lifted the prohibition on sports betting and allowed all states to join the exempted Nevada.
Despite several states struggling to set rules and guidelines — causing numerous launch delays, as a result — Iowa managed to authorize licensed brick-and-mortar sportsbooks and mobile sports betting operators in just three months.
Iowa sports betting details
Eight of the 19 licensed casinos in Iowa offer brick-and-mortar sportsbooks starting today. Most — if not all — locations are expected to launch before the end of the month, ahead of the college football and NFL season.
If you’re looking to place a wager in Iowa, here’s everything you need to know before making a bet in the newest state to offer legal sports betting.
Legalized: Monday, May 13, 2019
Start date: Thursday, August 15 at noon CT
Regulatory body: Iowa Racing and Gaming Commission
Minimum age: 21 years old
Betting allowed: In-person, online, and mobile statewide
- Ameristar Casino Hotel ‒ Council Bluffs
- Catfish Bend Casino ‒ Burlington
- Isle Casino Hotel Bettendorf ‒ Bettendorf
- Isle Casino Hotel Waterloo ‒ Waterloo
- Lakeside Hotel Casino ‒ Osceola
- Prairie Meadows Casino and Hotel ‒ Altoona
- Rhythm City Casino Resort ‒ Davenport
- Riverside Casino & Golf Resort ‒ Riverside
Mobile launch: William Hill properties (Isle Bettendorf, Isle Waterloo, Lakeside, Prairie Meadows)
Eligible for license: 19 of 22 casinos in Iowa
Mobile license: Limit of two per casino
Mobile restrictions: Must have two feet inside state lines
Mobile registration: In-person required for online/mobile until January 1, 2021
Sports allowed: All professional and college sports
General restrictions: No prop bets allowed on games with in-state college teams
Tax rate: 6.75%
License fee: $45,000 and $10,000 annual renewal
Daily fantasy sports: DFS for pro sports will likely be ready when the 2019 NFL season starts, but DFS for college sports is prohibited until May 1, 2020. DFS operators will be subject to a $5,000 license fee and a 6.75% tax rate.
Iowa problem gambling help: Iowa Gambling Treatment Program
Who’s up next?
With Iowa legal sports betting now live, you may be wondering which states will be next to open sportsbooks.
Here’s a list of states that have legalized sports betting and are currently pending launch. The dates listed aren’t set in stone and are the latest estimated target dates from lawmakers and regulators.
Next states to launch legal sportsbooks
Indiana ‒ September 1
Montana ‒ Before 2019 NFL season opener
Oregon ‒ Before 2019 NFL season opener
Tennessee ‒ January 2020
Washington DC ‒ January 2020
Illinois ‒ February 2020
New Hampshire ‒ Early 2020
North Carolina ‒ Fall 2019