Sports betting is now officially legal in Iowa. Governor Kim Reynolds signed the bill legalizing sports betting on Monday. Following the new development, Diamond Jo casino has revealed its plans offer sports betting at the venue.
Casino officials said that they welcome the move and have been already planning to bring a sportsbook. Also, with sports betting the casino is also looking at increased revenue and footfall.
Wendy Runde, General Manager for the Diamond Jo Casino, said, “We’re looking at it as an opportunity. There is a mass appeal in this activity. Moreover, it’s an opportunity to drive traffic into our casino floor.”
Runde explained that “sports betting has been a proven revenue growth driver for our sister properties at Boyd Gaming with recent legislation changes in Mississippi and Pennsylvania.”
The new legislation regulating sports betting in the state has authorized the Iowa Racing and Gaming Commission to formulate rules related to sports betting.
The Iowa Racing and Gaming Commission is already working towards creating a set of rules and regulations related to sports betting, and the Iowa players may get to wager on sports event as early as July 2019.
The new law allows sports betting for those aged 21 and above. It also legalizes fantasy sports and betting on pro and college games.