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”Cashless” Sports Betting Heads to Iowa Senate

March 03, 2022 Steve Schwaller

(Des Moines)– Casinos in Iowa would be able to offer its customers “cashless” wagering on sporting events under a bill on its way to the State Senate. The House passed the bill 71-to-28 on Wednesday.

If it becomes law, casino customers with digital wallets on their smartphones would be able to place bets on all sorts of sporting events, including e-sports events where the contestants are playing video games against each other. Wagering on such events as the N-F-L draft would also be allowed.

Representative Chris Hall, a Democrat, says he’s supported Iowa’s gambling industry in the past — including the casino in his hometown of Sioux City — but cashless wagering may be a step too far after the explosion of sports betting. He voted “no.”