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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. It declared that these games ‘meet all international quality criteria’ courtesy of being certified by regulators in Romania, Malta, Italy and the United Kingdom.”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....
Compelling presence:Courtesy of a second press release published by CalvinAyre.Collegiate clause:The Gazette reported that Senate File 617, which was introduced by Iowa State Senator, Roby Smith, passed last week’s significant hurdle without public debate and moreover includes a provision that would forbid online punters from wagering on collegiate sports. 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....
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First hurdle cleared:According to a report from The Gazette newspaper, the 50-member body approved Senate File 617 by a margin of 31 to 18 on Wednesday afternoon with the legislation now due to head to the similarly Republican-controlled Iowa House of Representatives for an analogous vote. The sun is shining and Iowans will be able to participate legally and responsibly.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....
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