Iowa’s market might be small compared to the likes of Pennsylvania and New Jersey, but it should benefit from being able to capitalize on a lack of legal sports betting in Nebraska and Minnesota. Iowa, a relatively small state with just 3.1 mm people, is projected to eventually have more than $4 billion in annual sports wagers. As opposed to going with regulation under the lottery, Iowa went with with its Racing and Gaming Commission. Iowa considered sports betting in 2018, and there were several bills on the table this year. Iowa will allow statewide online/mobile betting, but there is an in-person registration requirement that won’t sunset until Jan. The plan is to have brick-and-mortar sports wagering by the upcoming NFL season, with mobile to follow sometime after the retail books open. The new law authorizes sports betting for the state’s 19 casinos. Reynolds took about a week to sign the bill after it was delivered to her desk on May 6. ![]() Kim Reynolds put her signature on a sports betting bill that cleared the legislature last month. The state of Iowa has joined the ranks of states to legalize sports betting.
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