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Industry
July 13, 2022
Iowa Sports Betting Continued to Slow Down in June
The Iowa Racing and Gaming Commission released its monthly sports wagering report to reveal that sports betting was not a hot topic for Iowans in June as numbers fell sharply down across the board. Month-over-Month Decrease Continued Combined, sportsbooks in the Hawkeye State accounted for $122.4 million in sports wagering handle to register a drop […]
Sports
June 29, 2022
Betfred Sports Teams up with OpenBet in Iowa
Betfred Sports has turned to OpenBet, a provider of sports betting entertainment solutions, in Iowa. As a result, OpenBet has been able to launch its digital and retail technology solutions that will now assist the operator in the state. Betfred Sportsbook Boosts Digital and Retail Offers The technology is live at the Grand Falls Casino […]
Casino
June 20, 2022
Recent Regulations Update Puts New Casinos in Iowa on Hold
A new legislation amendment has decreed that no new casinos will open in Iowa during the next two years. By signing the new measures, Iowa governor Kim Reynolds has placed a moratorium on the issuance of new casino licenses until June 2024. This particularly affects the plans for a massive $250 million casino in Iowa’s […]
Legal
May 24, 2022
Two-Year Moratorium to Block Casino Licenses in Iowa
Iowa lawmakers have decided that they want to put the brakes on casino licenses as both the state House and Senate agree on putting a two-year moratorium on issuing new license approvals. One of the regions that are negatively impacted by this decision is Cedar Rapids, whose mayor said that the city was left in […]
Sports
May 20, 2022
Smarkets Reveals Plans to Join the Iowa Betting Markets
Smarkets has announced that it’s launching the company’s sports betting platform in Iowa in the coming months. The platform will be powered by Affinity Interactive and no exact launch date has been set in stone yet. Smarkets was launched by SBK back in 2019, and the first state it broke ground in was Colorado. Affinity […]
Sports
April 12, 2022
Iowa Sports Betting Increased by 44.7% Year-Over-Year in 2022
Iowa gamblers placed $233.5 million in sports bets in March 2022, which is an increase of 44.7% compared with the March 2021 numbers. The revenue of the state also grew 6.7% to $14.4 million. The sports betting market in Iowa registered significant growth in bets placed in March 2022, as in the same month last […]
Legal
March 8, 2022
Iowa HF 2497 Seeks to Establish Cashless Gaming, Esports Betting
Iowa is moving forward with a piece of legislation that is expected to introduce cashless payment options on casino floors and also push esports betting as one of the new verticals gamblers in the state may explore. House File 2497 has already cleared one of the first hurdles. Cashless Gaming to Hit Casino Floors In […]
Casino
February 22, 2022
CDI Expands Live and Historical Horse Racing Geographical Reach
Racing, wagering and gaming entertainment company Churchill Downs Incorporated (CDI) announced today it entered into a definitive agreement to acquire assets of Peninsula Pacific Entertainment (P2E). Acquire Additional Scale The $2.485 billion acquisition deal will see CDI acquire all Peninsula assets in Virginia and New York and its operations of the Sioux City casino in […]
Business
February 17, 2022
MaximBet Eyes US Expansion, Seeks to Launch in Iowa, Indiana
After entering Colorado last year, MaximBet announced on Thursday that it plans to continue its US expansion by launching its services in Iowa and Indiana. MaximBet Continues US Expansion MaximBet, the lifestyle sports betting and online casino brand operated by Carousel Group in collaboration with Maxim, announced that it plans to continue its US expansion. […]
Sports
February 14, 2022
Iowa Posts Record January Sports Handle in 2022
Iowa has enjoyed another solid payout as January’s numbers for the state are already in, indicating a particularly strong beginning of the year. According to data released by the Iowa Racing and Gaming Commission on Friday, the total sports betting handle for the last month reached $303.3 million. The Buckeye State has been cashing in […]