Mobile sports betting has finally launched in the state of Iowa, and Hard Rock Casino is at the center of it all. Sports betting enthusiasts in Iowa have been waiting for this day for quite some time, and now it’s officially game on.
Hard Rock Sioux City officially launched its mobile sports betting app earlier this week, and the reviews have already been outstanding. Hard Rock Sioux City began offering sports betting in September, and now they have taken things one step further in December.
You can expect that other casinos will be following close behind, but Hard Rock Sioux City was able to get the jump on them all.
Hard Rock Sioux City may be the location of the sports betting in Iowa, but it has partnered with a group from Europe that takes care of things on the operational side. The Gaming Innovation Group (GiG) currently operates the sportsbook on-site at the casino, and it is the group in charge of the mobile sportsbook as well.
Hard Rock and GiG had planned to offer a mobile sportsbook by the end of the year, and they were able to achieve their goal with just over two weeks to spare.
Hard Rock Casino is no stranger to the sports betting scene, and Iowa is its second sports betting location in the United States. The Hard Rock Casino is also operational in Atlantic City, NJ, and it has partnered with the Gaming Innovation Group at that location as well.
Both companies have made it known that they hope to open up other locations across the country, but they have not announced where their next preferred location will be.
Most of the states that have legalized sports betting have done so in stages, but that isn’t how it worked in Iowa. The Iowa Racing and Gaming Commission granted licenses to 19 locations that included retail, desktop, and mobile wagering.
States with mobile/online wagering have proven to make much more money than states that only have retail sports betting.
Sports Betting Laws In Iowa
Anyone wanting to bet on sports in the state of Iowa must be at least 21 years of age, and they must register for an account at one of the approved sports betting locations. The Iowa Racing and Gaming Commission is overseeing the sports betting industry in the state, and it has been getting plenty of new license applications of late.
Currently, everyone is required to register at a casino before being able to bet on sports, but that part of the law will go away in 2021.
The state of Iowa is collecting a 6.75 percent tax on all sports betting revenue that is brought in. The fee to have a sports betting license in the Hawkeye State is $45,000, and casinos are lining up to pay the fee.
There are over 20 retail locations that offer sports betting, but the addition of mobile betting will change the game.