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75% of their sportsbetting hold in tax.The Republican Governor for Iowa, Kim Reynolds (pictured), reportedly put her signature to a piece of legislation on Monday that will see the state allow sportsbetting to be conducted online and via its collection of 19 land-based casinos. The deal will make a large selection of casino games available to Draftkings players in the coming weeks....

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Since this momentous ruling, eight additional states have launched some form of sports wagering while Montana and Indiana have passed enabling legislation since the start of the year with Tennessee expected to follow suit soon. It also hands regulatory control to the Iowa Racing and Gaming Commission, which will now be tasked with formulating adequate rules, while requiring operators to hand over 6.Midwestern move:According to a Tuesday report from the Omaha World-Herald newspaper, the move means that Iowa has become the second Midwestern state after Indiana to have legalized sports wagering although the first bets will likely not be to be placed until at least July....

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