Sports Betting Bill in Iowa Awaits Governor’s Sign

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Iowa has moved very close to legal sports betting. The Senate and House have approved a legislative piece that would legalise sports betting in the state. Now, the bill only needs the governor’s signature for the final approval. However, Kim Reynolds has not decided whether she will sign it or not.

According to a recent poll, 52% of the residents are against legalised betting on professional sports. “That’s what we’ll take into consideration when I sit down with the policy team and go through the bill and we’ll make the decision going forward,” Governor Reynolds said.

The bill authorises the Iowa Racing and Gaming Commission, which already regulates state casinos, to set rules for betting on professional, collegiate and international sporting events. Lawmakers believe that taxes and licensing fees could bring up to US$2.3 million to US$4 million annually in revenue.

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Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.