Iowa Takes Action on Legalizing Online Poker Games

February 20, 2010 :: Posted by - admin :: Category - Poker News

Online Poker Games in IowaAnother state is making steps to legalize online poker games. Iowa House leaders introduced a gambling bill that will possibly bring extra $80 million dollars to the state and will help to build a safe, regulated environment for those players, many of which currently use offshore gambling sites that do not protect their money transactions.

Many of the players taking a big risk by giving their credit card information to the offshore operators. The idea is for players to go to one of the state’s 17 casinos and deposit money – cash only – into an account. The casino would then give the player an online account and password through which secure, live gaming against other Iowans would take place.

We see movement in this direction from different states like California, Florida, Pennsylvania and New Jersey that trying to clarify and organize online gambling laws. Quirk said Iowa could become a model for those states considering such online gaming, and software companies could end up basing themselves in the state as a result. Such result will open an opportunity for our residents to safely play Poker Real Money from the comfort of their home.

The bill as it stands also contains several items that Quirk said are non-controversial and are estimated to generate $5 million to $10 million for the state. Those items include allowing casinos to take a portion of wagering from telecast horse and dog races, to allow casinos to avoid county referendums and language from a sports betting bill that has already cleared the Senate.

Also in the bill is a section allowing casinos to buy for $500 an off-floor gaming license to hold poker tournaments in adjacent ballrooms or convention areas. An amendment could allow casinos to place some electronic games around the outside of those tournaments, Quirk said.

Quirk said he hopes to have the bill ironed out by the end of next week and ready for a vote the following week. He gave the bill a 70 to 80 percent chance of passing, while a separate bill that would let casinos pay the state to stop holding greyhound races is not nearly as likely to receive approval.

Online Best Bets staff is looking forward to cover this issue for you. We will constantly update development of steps to legalize Online Poker Games in Iowa, Florida, California and New Jersey. Come back later or sign up for our RSS feed to stay updated.

2 Responses to “Iowa Takes Action on Legalizing Online Poker Games”

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