Iowa Racing and Gaming Commission Introduces Plans to Establish Rules for Sports Betting

Racing and Gaming Commission in Iowa has revealed that it is currently occupied with developing rules for sports wagering. After the Governor signed the bill into law in May, the state became…

…one of the latest ones in the US to approve sports betting. Despite the immense pressure from the industry to implement the strategy as soon as possible, the is putting plenty of efforts into arranging everything properly.

The Right Way

, Brian Ohorilko, pointed out that they are planning to the rules on their website by July 1. This way they will make them widely available to all consumers so that they can be well-informed. He also added that the commission will hold a meeting on July 30 in West Des Moines. The purpose of it is to take action on sports betting and start accepting applications from casinos interested in offering those services in Iowa. As he declared:

“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.”

Governor Okays Proposal

The idea of opening the doors for these forms of entertaining activities in the introduced Senate Study Bill 1168. As the proposal says…

… both sports wagering fully legalized in this Midwestern US state.

Busy Market

It’s not just the state, but various operators impatiently waiting for the official launch of the market. Among the brands which have already expressed such interest is Prairie Meadows Racetrack & Casino. By inking a prolific partnership agreement with William Hill, UK’s top betting site, the establishment is ready to kick off…

…as soon as the legislation receives approval. The arrangement grants Hill exclusive rights to provide sports book operations at the hub. April brought some good news, as Catfish Bend Casino in Burlington, Iowa is setting everything up to launch a new sportsbook in this state. Upon the official beginning of operation, the brand will be allowed to distribute its services to consumers.

Source:

“Iowa Racing and Gaming Commission Plans to Issue Sports Betting Regulation by July 1”, Narayan Niji, europeangaming.eu, June 18, 2019.