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Cedar Crossing Casino May Pull $28 Million in Revenue From Existing Iowa Casinos
Iowa may soon get another retail casino, but there are concerns that the proposed Cedar Crossing Casino could cannibalize up to $28 million in revenue from existing casinos in the area. However, the $275 million gaming facility will generate a total of $108 million in adjusted gaming revenue (AGR), resulting in $80.2 million in new revenue for […]
Iowa May Soon Have 20th Commercial Casino But Not Legal iGaming
Iowa has long been on iGaming advocates’ shortlist for the next state expected to legalize online casinos. However, it looks as though Iowa’s next legal gambling expansion step may be adding a 20th commercial casino to serve the state’s 3.2 million residents. That’s because, on July 1, Iowa’s two-year moratorium on new casino construction will […]
Emails Show Iowa College Gambling Sting Doubled as Law Enforcement Power Play
An investigator involved in a 2023 Iowa gambling sting that netted over two dozen college athletes suggested in an email to colleagues the bust would impress the “powers that be.” Further, special agent Christopher Adkins speculated the investigation might nudge state lawmakers to update gambling legislation to strengthen law enforcement’s powers. According to The Associated […]
Iowa Online Casino Education Appears to Be Working — Slowly
Iowa online casino education may be showing “fluid” results, an Iowa Gaming Association (IGA) leader told Bonus on Jan. 29. That’s logical, considering Iowa Rep. Bobby Kaufmann told Bonus that even though HSB227 is an active online casino bill, he won’t make an effort to move it forward during 2024. Because this is a time […]
Iowa May Be Out of 2024 Running to Legalize Online Casino Gambling
Iowa may not legalize online casino gambling this year, state Rep. Bobby Kaufmann told Bonus on Jan. 24. However, HSB227 remains active. Kaufmann, R-Wilton, informed Bonus: I am a supporter but I do not think the votes are there this year. The industry is continuing to educate people. On March 8, 2023, Kaufmann introduced HSB227. On […]
States to Watch in 2024: Iowa — Time to Stop Flying Under the Radar?
Iowa hasn’t yet had its turn in the spotlight as a candidate for online casino expansion, but it’s likely to be part of the conversation in 2024. Republican state Rep. Bobby Kaufmann introduced a bill in 2022 and again in 2023. But by his own admission, it was only to get the ball rolling, and had […]
Expired Mega Millions Prize Will Boost Iowa Lottery’s Holiday Promo
A Mega Millions jackpot winner from Iowa failed to cash in their ticket before it expired this week, but one person’s loss will be another’s gain. That unclaimed million-dollar prize will sweeten the pot for the state lottery’s annual holiday promotion, putting a positive spin on the time-related misfortune. The ticket, purchased last year at […]
If an Online Casino Bill Is To Succeed in Iowa, All Retail Casinos Must Be on Board
Iowa may pass an online casino bill in 2024, but it would need to change some minds in the state’s retail casino industry. A bill is almost certain to appear in the next legislative session, but it won’t have much chance of passing without unanimous support from existing gaming interests. There have been iGaming bills […]
Bet365 Sportsbook Launches in Iowa, Kentucky Soon to Follow
Iowans can now bet at one of the world’s largest sportsbooks as Bet365 Sportsbook has launched through a partnership with Casino Queen Marquette. Iowa is the fifth state where Bet365 now operates, alongside Colorado, New Jersey, Ohio, and Virginia. The market is starting to get crowded. Bet365’s launch makes it the 19th online sportsbook in […]
Iowa Online Casino Bill Hearing Primarily Populated by Opponents
Opponents were the primary speakers during an Iowa online casino bill hearing on March 21. The 20-minute-long hearing for HSB227 included representatives of brick-and-mortar casinos who speculated that iGaming would cannibalize revenue and others who thought 24/7 mobile availability would cause a spike in gambling addiction. Bill sponsor – state Rep. Bobby Kaufmann, R-Wilton – uttered one sentence […]
