The Iowa Horsemen’s Benevolent and Protective Association have signaled their intent to become the single license holder in Iowa for sports wagering with a bill, recently released by the state government committees in both the Iowa House as HSB 124 and Senate as SSB 1100, attempting to demonstrate the horsemen’s unique ability to implement sports wagering in Iowa.
“We believe this is the simplest option for everyone involved,” said Jon Moss, Executive Director of the Iowa HBPA. “Having one contract to oversee and manage is much easier to execute than 10 or 20. We can effectively bring one simple, unified wagering platform to everyone. And we’ve proven we can successfully implement wagering in Iowa.”
The Iowa HBPA has been successfully conducting Advanced Deposit Wagering in Iowa since 2012. The Iowa HBPA bill uses existing language that proposes sports wagering only be offered by ADW and in Iowa’s casinos.
“We also believe one of the most persuasive pieces of our bill is the opportunity to keep all proceeds right here in Iowa,” said Moss. “After all, if Iowans spend their money here, it should benefit our state economy.”