International edition
September 24, 2020

New online poker bill recently approved

Iowa leads race to regulate Internet Gambling in US

(US).- The US has a new leader in the race to become the first state to implement regulated iGaming as the Iowa State Senate Government Committee approved a new online poker bill by nine votes to six. Now the bill advances to full Senate from where it will need approval from the Iowa House before entering into law.

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ew Jersey will now await a referendum in November after Governor Chris Christie surprisingly vetoed a bill to modernize the State’s gambling regulation. 

New Jersey has long been acknowledged as the State best equipped to pioneer a regulated iGaming industry in the US, with its proximity to New York and the financial markets and a technological infrastructure that would position it as the “Silicon Valley” of online gambling.

However, Iowa could now steal a march on New Jersey’s ability to gain ‘first mover advantage’ by becoming the first US State to regulate Intra-State online gambling activity should the ‘Senate File 1165’ online poker Bill pass both Senate and House approval. 

According to a report in the Des Moines Register, an approximate 150,000 Iowans are playing online poker illegally, accounting for upwards of US $30 million in potential taxes that the state is currently forfeiting.

Iowa has been seen as the second most-likely state to advance its online gambling regulations after New Jersey, with California and Florida still a long way off formulating realistic support and regulation. However, it now appears in pole position to lead the US into a new dawn of iGaming regulation.

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