Iowa Says Online Gambling Will Take in At Least $13 Million for State

Submitted by Aaron Goldstein on

Written by :

Aaron Goldstein

Published on :

Iowa is betting online gambling will help boost that state’s economy.  The Iowa Racing and Gaming Commission will permit a debate by lawmakers next year to determine whether online gambling should be legalized within Iowa’s borders. 

The Commission issued a report outlining how the state could establish a regulatory framework, specifically for Internet poker.  That report suggests that the industry could result in $13 million to $60 million going to the state coffers annually. 

Sen. Jeff Danielson, D-Cedar Falls, chairman of the Senate State Government Committee, implied Thursday an Internet poker bill would be introduced next month (January 2012) and that the issue would be heading for a Statehouse debate. 

 “I think it would be a mistake to do nothing,” said Danielson, who noted that many Iowans are already playing Internet poker using off-shore accounts not subject to state or federal regulatory oversight.

Dan Kehl, chief executive of Kehl Management, which runs casinos at Riverside and in Lyon County, told the Des Moines Register he would like to offer an online poker site to Iowans. 

“I think it would enhance our customer base and make it a legal and fair game,” Kehl said.

Iowa Lottery Chief Executive Terry Rich offered a similar view to the newspaper. 

Gov. Terry Branstad has yet to take a stance on the issue. 

Tom Coates of Norwalk, a critic of Iowa’s gambling industry,  told the Register that allowing the state’s Indian casinos to offer online poker would open a “Pandora’s box” because Indian tribes wouldn’t be subject to state taxes or regulation.

- Aaron Goldstein, Gambling911.com

Related Content

AI and Online Slots: The New Era of Casino Gaming for Quebec Players

AI and Online Slots: The New Era of Casino Gaming for Quebec Players

When people think about artificial intelligence (AI), online slots are probably not the first thing that comes to mind. Yet AI is beginning to shape parts of the online casino experience, from game recommendations to responsible gambling tools.
Carson Beck to Throw a Touchdown on His First Offensive Drive Prop Bet - Panthers vs. Cardinals

Carson Beck to Throw a Touchdown on His First Offensive Drive Prop Bet - Panthers vs. Cardinals

Carson Beck, a third-round pick from Miami, will be under center for new Cardinals coach Mike LaFleur when Arizona hosts the Carolina Panthers for the first NFL exhibition game of the 2026 season Thursday night.
Yordan Alvarez Triple Crown Odds

Yordan Alvarez Triple Crown Odds

The Major League Baseball Triple Crown is one of the rarest individual achievements in sports. The last player to capture it was Miguel Cabrera in 2012, who snapped a 45-year drought dating back to Carl Yastrzemski in 1967.
Two Men Wanted for Swindling MGM Springfield Massachusetts Casino

Two Men Wanted for Swindling MGM Springfield Massachusetts Casino

New York resident Gonzalo Capellan and co-defendant Ruddy Iglesia, of New Jersey are both accused of swindling the MGM Springfield Casino in Massachusetts.