Louisiana Sports Betting

The move came three months following Iowa Governor Kim Reynolds signed into a law a complete bill to legalize sports betting in the Hawkeye State. Operators must spend a $45,000 licensing fee and there is a six.75 percent tax on revenue. Betting on college sports is permitted, but particular types of in-game prop bets involving college games are banned. The new law bestows the Iowa Racing and Gaming Commission with authority to regulate sports betting. Voters approved three constitutional amendments in November that would legalize “games of chance” at Nebraska’s licensed horse tracks.

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