DraftKings launches online sportsbook in Iowa

DraftKings online and mobile sports betting app is now available in Iowa

The daily fantasy sports provider turned sportsbook operator, DraftKings, has launched its mobile sports betting app in the state of Iowa.

With the launch of DraftKings online sportsbook in Iowa, residents in the Hawkeye State now have access to another online sportsbook. In order to use the DraftKings app, residents must register an account in person at one of the three Wild Rose Casinos in the state.

DraftKings in Iowa

DraftKings initially entered the Iowa market through a partnership with Wild Rose Entertainment, the company behind the Wild Rose casinos in the state. Under the deal, DraftKings was granted the opportunity to open land-based sportsbooks at the venues and launch its mobile sports betting app.

Matt Kalish, President, DraftKings North America and co-founder said: “DraftKings has seen steady fan engagement in Iowa during the last few months at our three Wild Rose sportsbooks across the state, and we couldn’t be more excited to provide customers with our state-of-the-art mobile sports-betting platform.

“We have worked diligently to perfect our sportsbook product since it launched in 2018, and starting today, we’re proud to offer Iowans a safe and responsible place to wager on sports – one that can be accessed conveniently from the palm of their hands.”

DraftKings in the US

Since the fall of the Professional and Amateur Sports Protection Act (PASPA) in 2018, DraftKings has managed to establish itself as a household sports betting brand.

DraftKings currently operates its online sports betting platform in several states including New Jersey, Pennsylvania, West Virginia, Indiana, and New Hampshire. The operator also operates land-based sportsbooks in New Jersey, New York, Iowa and Mississippi.

Last month, DraftKings entered a partnership with Twin River Worldwide Holdings to offer sports betting in the state of Colorado when the market goes live.

In December, DraftKings confirmed that it would be merging with SBTech. Diamond Eagle Acquisition Corp will acquire the businesses to create a combined entity that will be listed on the Nasdaq Stock Exchange. According to the announcement, the combined entity will create “the only vertically-integrated pure-play sports betting and online gaming company based in the United States.”

Sports betting in Iowa

Governor Kim Reynolds signed Iowa’s betting bill into law in May 2019. With just 94 days between the signing of the bill and the launch of sports betting in the Hawkeye State, Iowa’s timeline to launch sports betting was one of the quickest in the US.

Under the state’s sports betting laws, residents and visitors must be at least 21 years of age and physically located within state lines before they can place a bet. Under state law, proposition bets on in-state college teams are prohibited in Iowa. From 1 January 2021, bettors will be able to register remotely from anywhere within the state, eliminating the inconvenience of having to travel to a casino.

At the time of writing, Iowans can bet online with several sports betting brands including William Hill, Bet.Works and DraftKings.

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