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Iowa works on sports betting regulations

The Iowa Racing and Gaming Commission is working to develop rules for sports betting. Credits:

State regulators said that they’re close to finishing regulations that would allow Iowa casinos to accept bets on sports.

US.- Iowa became one of the latest states in the US to legalise sports betting after the Governor signed the bill into law in May. Less than a month from obtaining that signature, state regulators said that they’re on track to finishing tules that would allow licensed casinos to accept bets on professional and college sports by mid-August or earlier.

The Iowa Racing and Gaming Commission revealed that it is working to develop rules for sports betting. Administrator Brian Ohorilko said that they have a goal set for the rules to be up on their website by July 1, and will likely hold a public hearing on the rules at the July 11 meeting at Prairie Meadows.

Ohorilko also added that the commission will hold another meeting on July 30 in West Des Moines to take action on sports betting and start accepting applications from casinos interested in offering sports betting services.

“The industry is requesting a pretty aggressive timetable to have things implemented by August. We’re doing everything we can to do that, but making sure that we’re doing it the right way,” he said.

Iowa approves casinos’ requests

The regulator also approved the request from three casinos to change their gaming space in order to feature sportsbooks. Tribal casinos WinnaVegas Casino Resort and Blackbird Bend Casino were the first ones to send the request, while Hard Rock asked the commission earlier this month.

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Iowa sports betting