WORTH COUNTY, Iowa - With sports gambling one step away from legalization in Iowa, it appears as though a sports book could be coming to north Iowa.
David Strow, the Vice President/Corporate Communications of Boyd Gaming Corporation out of Las Vegas, said sports betting would be implemented at Diamond Jo Casinos in Northwood and Dubuque.
Boyd Gaming is the parent company of Diamond Jo.
Strow said he’s eager for Gov. Kim Reynolds to sign the bill, although no announcement has been made on whether or not Reynolds will sign it.
Earlier this week, the Associated Press reported the Iowa House passed a bill that legalizes for the first time in Iowa betting on sporting events and fantasy sports.
It passed 67-31 on Monday night.
The bill authorizes the Iowa Racing and Gaming Commission to establish rules for betting on professional, collegiate and international sporting events, including motor racing.
It excludes betting on some events, including minor leagues and in-state college team players.
The bill also legalizes fantasy sports contests and internet fantasy sports betting but delays betting based on college sporting event statistics until May 2020.
Sports betting would be limited to those 21 and older, and the bill sets a 6.75% tax on net receipts. Taxes and licensing fees could bring in estimated annual revenue of $2.3 million to $4 million annually.
The Senate approved the bill Wednesday 31-18 with no debate. Twelve Republicans and six Democrats voted against it.
States began legalizing sports gambling last year after the U.S. Supreme Court ended Nevada's monopoly.
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