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Tax terms:As written, the legislation would reportedly allow every one of Iowa’s many land-based casinos to offer sportsbetting in exchange for agreeing to pay an annual licensing fee as well as a 6.” The measure calls for the Iowa Racing and Gaming Commission to oversee all such operations and would also legalize wagering via daily fantasy sports sites such as those offered by FanDuel Incorporated and DraftKings Incorporated....
Tax terms:As written, the legislation would reportedly allow every one of Iowa’s many land-based casinos to offer sportsbetting in exchange for agreeing to pay an annual licensing fee as well as a 6.Fresh from showing off its wares at last week’s Feria Americana de Juegos de Azar (FADJA) 2019 extravaganza in Colombia, online casino software developer Slotegrator Limited has now announced the signing of a distribution agreement with games innovator Spinmatic Entertainment.Smith said…“I believe what we’re doing in this bill is the right thing to do....
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”PASPA possibilities:The introduction of Senate File 617 came in the wake of May’s invalidation by the United States Supreme Court of the Professional and Amateur Sports Protection Act (PASPA), which had largely been responsible for limiting legalized sportsbetting to casinos in Nevada. They could also use it to prevent problem gambling, which is what the [Gambling] Commission say they should be doing.Smith said…“I believe what we’re doing in this bill is the right thing to do....
