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Delaware became the first state outside Nevada to accept a legal single-game sports bet on June 5, 2018, beating New Jersey by a few weeks in the aftermath of the Supreme Court's industry-altering decision. Though Iowa has a smaller in population and has no professional sports teams, it's one of the more lucrative per capita markets in the country and benefits from sharing boarders with multiple states yet to legalize. The bill allows for 12 online sportsbook licenses, so you can expect all the big players like FanDuel and DraftKings there. Two other states that did this, New York and New Hampshire, ended up with tax rates north of 50%. 1) Another ballot initiative, which sportsbooks may not want to try. " There's gotta be a deal worked out, or else we're just going to be in a stalemate there for at least another cycle or two. Two tribes struck sports betting deals in 2020, but those were later invalidated, part of a larger conflict between competition gaming interests and the government. Yet the House vote on sports betting was carried by a Dem majority.

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