Introduction to Iowa Slot Machine Casino Gambling in 2019
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Iowa slot machine casino gambling consists of 16 riverboat casinos, four tribal casinos, and three pari-mutuel racetracks with slot machines.
Payout return minimum and maximum limits have been legally set for four tribal casinos, but none exist for the 19 commercial casinos. However, payout return statistics are available for these commercial casinos.
This post continues my weekly State-By-State Slot Machine Casino Gambling Series, an online resource dedicated to guiding slot machine casino gambler to success. Now in its third year, each weekly post reviews slots gambling in a single U.S. state, territory, or federal district.
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Relevant Legal Statutes on Gambling in Iowa*
The minimum legal gambling age in Iowa does not depend upon the gambling activity:
- Land-Based Casinos: 21
- Poker Rooms: 21
- Bingo: 21
- Lottery: 21
- Pari-Mutuel Wagering: 21
Iowa has had a steady progress toward various forms of legalized gambling, sometimes the first state in the nation to offer them via constitutional amendments. This timeline includes:
- 1972: Games of change such as bingo and raffles
- 1983: Pari-mutuel wagering at racetracks
- 1985: State lottery
- 1989: Excursion boat gambling approved
- 1991: Riverboat gambling boats opened (first in the nation)
- 1992: Tribal-state compacts approved for tribal casinos
- 1994: Slot machines allowed at pari-mutuel wagering sites
- 2004: Permanent mooring of riverboat casinos allowed
- 2005: Many new licenses granted for new riverboat casinos
Iowa is at the forefront of the gambling industry with regards to legalized gambling. It was the first state to legalize riverboat casinos. Also, they were the first to legally allow both slot machines and table games at pari-mutuel racetrack facilities. By doing so, they created the first so-called racinos.
In mid-2017, the IRGC requested gaming market analysis studies from two independent contracting companies. These comprehensive Iowa gaming market studies became publicly available in October 2017.
The negotiated and approved tribal-state gaming compacts for Iowa’s three federally-recognized tribes is available at Indian Gaming Compacts within the Indian Affairs Division of the U.S. Department of the Interior.
*The purpose of this section is to inform the public of state gambling laws and how the laws might apply to various forms of gaming. It is not legal advice.
Slot Machine Private Ownership in Iowa
In Iowa, it is legal to own a slot machine privately if it is 25 years of age or older.
Gaming Control Board in Iowa
The Iowa legislature created the Iowa Racing and Gaming Commission (IRGC) with the passing of the Pari-Mutuel Wagering Act of May 1983. The IRGC administers this Act and the Exclusive Boat Gambling Act of 1989, which legalized riverboat casinos.
Casinos in Iowa
There are 16 riverboat casinos, four American Indian tribal casinos, and three pari-mutuel wagering racinos in Iowa.
The largest casino in Iowa is Prairie Meadows Racetrack and Casino with 1,682 gaming machines and 50 table games.
The second-largest casino is Ameristar Casino Hotel Council Bluffs with 1,526 gaming machines and 26 table games.
Commercial Casinos in Iowa
There are 19 commercial casinos in Iowa, including the following riverboat casinos and pari-mutuel wagering racetracks with slot machines:
- Ameristar Casino Hotel Council Bluffs located 132 miles west of Des Moines.
- Casino Queen Marquette located 131 miles northwest of Davenport near the Wisconsin border.
- Catfish Bend Casino in Burlington located 78 miles southwest of Des Moines near the Illinois border.
- Diamond Jo Casino Dubuque located 72 miles north of Davenport near the Illinois border.
- Diamond Jo Worth Casino in Northwood located 135 miles north of Des Moines near the Minnesota border.
- Grand Falls Casino & Golf Resort in Larchwood located 291 miles northwest of Des Moines near the northwest corner of Minnesota.
- Hard Rock Hotel & Casino Sioux City located 200 miles northwest of Des Moines near the Nebraska border.
- Harrah’s Casino & Hotel Council Bluffs located 133 miles west of Des Moines.
- Horseshoe Casino Council Bluffs, a pari-mutuel racetrack racino, located 131 miles west of Des Moines.
- Isle Casino Hotel Bettendorf located 54 miles northwest of Cedar Rapids.
- Isle of Capri Casino Waterloo located 30 miles west of Des Moines.
- Lakeside Hotel Casino in Osceola located 48 miles south of Des Moines.
- Prairie Meadows Racetrack and Casino, a pari-mutuel racetrack racino, in Altoona located 11 miles west of Des Moines.
- Q Casino, a pari-mutuel racetrack racino, in Dubuque located 73 miles north of Davenport.
- Rhythm City Casino Resort in Davenport.
- Riverside Casino and Golf Resort located 39 miles south of Cedar Rapids.
- Wild Rose Casino – Jefferson located 65 miles northwest of Des Moines.
- Wild Rose Casino and Resort Clinton located 37 miles northeast of Davenport near the Illinois border.
- Wild Rose Casino and Resort Emmetsburg located 165 miles northwest of Des Moines.
Tribal Casinos in Iowa
The three tribal casinos in Iowa are:
- Blackbird Bend Casino in Onawa located 35 miles southeast of Sioux City near the Nebraska border.
- Meskwaki Bingo Casino Hotel in Tama located 64 miles northeast of Des Moines.
- WinnaVegas Casino Resort in Sloan located 27 miles south of Sioux City near the Nebraska border.
Other Gambling Establishments
As an alternative to enjoying Iowa slot machine casino gambling, consider exploring casino options in a nearby state. Bordering Iowa is:
- North: Minnesota Slots
- East: Wisconsin Slots and Illinois Slots
- South: Missouri Slots
- West: Nebraska Slots and South Dakota Slots
Each of the links above will take you to my blog for that neighboring U.S. state to Iowa.
Our Iowa Slots Facebook Group
Are you interested in sharing and learning with other slots enthusiasts in Iowa? If so, join our new Iowa slots community on Facebook. All you’ll need is a Facebook profile to join this closed Facebook Group freely.
There, you’ll be able to privately share your slots experiences as well as chat with players about slots gambling in Iowa. Join us!
Payout Returns in Iowa
No payout return statistics are available from Iowa’s tribal casinos. However, both minimum and maximum theoretical payout limits exist. These limits are 80% and 99%, respectively, over the expected lifetime of the device.
No legal limits exist for theoretical payout returns on slot machines for Iowa’s commercial casinos. However, the IRGC makes return statistics available at Casino Payback Percentages. This one-page PDF document provides an average payout return for each casino for the last three months.
For the last three months ending in November 2019, the highest return went to Prairie Meadows at 91.8%. This casino’s player’s win percentage was a full point higher than the next casino return. Lakeside Casino had the lowest player’s win percentage at 89.0%.
The IRGC also makes return statistics for commercial casinos available at Gaming Revenue Reports. Here, monthly hold percentages are available by both casino and slot machine denomination as Slot Revenue Percentage. Remember, convert this casino hold% to player win% by subtracting it from 100%.
Summary of Iowa Slot Machine Casino Gambling in 2019
Iowa slot machine casino gambling consists of 23 commercial and tribal casinos including pari-mutuel racetracks with slot machines.
Theoretical payout limits are 80% and 99% at the four tribal casinos, but no theoretical limits exist for the commercial casinos. However, monthly payout return statistics are available for each commercial casino and slot machine denomination.
Annual Progress in Iowa Slot Machine Casino Gambling
In the last year, Meskwaki Bingo Casino Hotel fell from the second-largest casino in Iowa to the fourth-largest. Both the Horseshoe and Ameristar casinos in Council Bluffs have surpassed Meskwaki Bingo.
Related Articles from Professor Slots
Other State-By-State Articles from Professor Slots
- Previous: Indiana Slot Machine Casino Gambling
- Next: Kansas Slot Machine Casino Gambling
Have fun, be safe, and make good choices!
By Jon H. Friedl, Jr. Ph.D., President
Jon Friedl, LLC
Generally, the states that constitute the USA have a clearly determined standpoint regarding the subject of online gambling in USA states. Basically, there are those who are openly in favor of expanding the market and welcome any innovation that comes their way, and these are also the states where online gambling found proper ground to develop. Then there are those that blatantly oppose any idea of wagering and have a hard time moving centimeters away from their conservative path. These, of course, consider the online expansion of the phenomenon a threat, rather than focusing on the good parts it brings along with it.
Iowa, however, is a mystery for the better part of specialists, as it doesn’t really fit in any of the two categories. For instance, many have thought it to become a pioneer, with great chances to see some definite Iowa online gambling laws in the very beginning of the expansion. This state has kept an open mind towards any form of wagering, trying its best to make any amendments necessary, so all those wishing to play for real money might find the suitable option, between the state’s boundaries.
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Online gambling IA, however, despite some clear attempts at regulating it, never managed to find the support needed to make that much-awaited final step.
Best Iowa Online Casino Sites
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Contents
Iowa Gambling Stage
Iowa gambling laws are some of the most extensive and comprehensive laws on the matter in the country. Legislators here have always received with quite the enthusiasm any form of gaming where money was involved, always including the latest discoveries and permanently adding to the list of legal gambling opportunities.
But for all the opportunities that law-makers were more than willing to put at gamblers’ disposal, in the purest American spirit, there is an equivalent set of punishments and sanctions put in place, in the absence of which, things could not take place in a civilized manner. The first oddity, where Iowa differs from the majority of US states, is that it makes no difference between players which engage in illicit gambling activities and the operators which perform these illegal actions. They are all possible of the same punishments.
There is a distinction which depends on the amount involved in the illegal betting, with thresholds at 100, 500 and 5000 USD, surpassing each of them meaning a more serious degree of illegal gambling, with a more severe reaction from the authorities. The nuance of this mention helps taking care of separation of sorts between operators and simple players, assuming operators naturally roll larger amounts. Unfortunately, the casinos’ favorite type of players, the high rollers, are also possible of heavier fines and more severe punishments.
After talking about the unpleasant part of the gambling regulations, we should take a look at what is actually allowed, in order to manage to make an opinion on the magnitude of this phenomenon in Iowa. If we take it back in history, we might also understand why there were such high expectations to see online casinos in Iowa state. The first venues to open all the way back in 1983 were horse and dog betting based. Afterward, following the lotteries trend, a state lottery appeared and then evolved to include the interstate versions available across the USA.
A new shock in the gambling market of IA came when riverboats casinos were authorized to open up shop in several counties across the state. All of a sudden, there were votes in various counties where people could make their opinion heard and those who wanted to play casino games actually had a shot at making it happen. The laws are quite focused on reflecting the will of the people, and as such, there is a stipulation in the gambling laws which states that periodically, a new vote is to take place and the people have the possibility to choose differently, should they feel gambling is no longer a good idea in their state. So far, all venues remained open. More so, typically, the votes score around a percentage of 80 in favor of maintaining the status quo. Such county referendums are also held to find out residents’ opinion on opening new establishments in their area. This only gets to show that the expansion in Iowa is far from reaching its conclusion.
The Latest Development in Iowa Gambling Laws
The beginning of 2019 came with an outstanding rumor: a bill reuniting the regulation of sports betting and daily fantasy sports came into the state’s Governor’s attention. It seemed like a too good to be true news, and those dreaming of Iowa online casinos kept their enthusiasm in check. However, come May, and the bill was voted and passed. It wasn’t the all-access, full-option bill everyone hoped for, but it allowed a whole lot more than before, becoming a stepping stone towards legalizing those online casinos.
This bill managed to clear some aspects and give the green light to other services, such as:
- It allows gambling on both professional and college sports, and it stipulates the opening of sportsbooks across the state.
- The bets allowed on college sports only refer to the games’ outcomes and not in-game aspects to be wagered on, just as a measure of avoiding any suspicious activities.
- The gambling age remains 21 in this case, as well as in all the other options across the state.
- Online betting on sports is also allowed, which might just be one of the greatest news this bill brings along. However, the only way players can involve themselves in online betting is if they visit a land-based casino first and prove they are of the required age.
- Another thing in favor of online gambling is the permission of daily fantasy sports’ bets, an aspect where the laws clearly stated against.
The Present Iowa Online Gambling Market
No matter how encouraging the news, the latest 2019 bill has brought, the domain of online gambling, Iowa is still far away from achieving the potential it holds. Law-makers fear that giving the good-to-go sign for real money online slots and online poker might mean a lower attendance in the land-based casinos, which translates into lower revenues from the afferent consumption made by players from roulette, craps, poker, or baccarat tables. However, most of the 20 casino operators in Iowa don’t have the same view on the matter, and they lobby the implementation of online casinos, as they welcome the potential flux of clients that it is expected to bring along. For the time being, the state’s authorities decided to continue studying the effects this change had in the other states where it was set in place and postpone the decision-making.
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Another troublesome aspect to take into account is the fact that this delay to create online state casinos, plays right into the strategy of the offshore-based websites, which already accept players from Iowa without fearing any repercussions. Iowa authorities should start their plan by answering the question: is Bovada legal in Iowa? Because, if so, the presence of such large online operators is definitely an alarm signal of the fact that these offshore sites are aiming at a large portion of the market shares.
Right now, before setting a functional system for the online sports betting, Iowa online gambling is represented mostly by online casinos set in jurisdictions across borders, this far away location allowing them to operate in the grey area, where they can’t be touched by the American restrictions. Finding the right online casino to play at is a simple task, especially in this age when information is just at a click of a button away.
Playing casino games on these online websites is risk-free, but some limitations do exist. For instance, there are some software providers who prefer not to get involved with sites accepting US players, given the fines some operators received in recent history. Real Time Gaming, however, remains a trusty operator and seeing how it also is one of the gamblers’ favorite, things aren’t as bad as they sound.
List Of Casino Slot Machines
Another thing to take into account mentions the options used by these sites to deposit or withdraw money from the online account. Some means are safer than others but are also prone to transactions restrictions put in place by federal law. While it doesn’t make them illegal, it creates some frustrations as never knowing if it’s a simple delay, or refuse to finalize the operation. One approach to avoid such unpleasantries is to use fast money transfer services, MoneyGram, Western Union, of sorts, making it an option faster and safer, even than that of using bank cards.
Offline Options
There are plenty of alternatives for those who want to spend money and have a good time in Iowa. For instance, there are 20 Iowa state casinos, alongside three racinos, one covering horse racing and the other two based on dog races. All of them offer the possibility to play slot machines, but all the other games available in casinos.
In a state with such modern views on the subject, there is no wonder that lottery, charitable gambling in the form of bingo nights, raffles, or social gaming, are allowed. Social gambling even includes card games with small stakes. And added to that list of alternatives, since May, the possibility to bet on sports and daily fantasy sports.
Florida Casinos With Slot Machines
You Might Also be Interested in:
Missouri online casinos
Nebraska online casinos
South Dakota online casinos
Minnesota online casinos
Wisconsin online casinos
Illinois online casinos
Can you gamble online in Iowa?
The general answer would be that no, it’s illegal to gamble online, in the classic form of placing bets in online casino games. However, starting March 2019, the field of online gambling in Iowa received an unexpected boost, after the bill regulating online sports betting and wagering on daily fantasy sports, has passed.
Are casinos legal in Iowa?
The domain of gambling in IA is very ample, with many options being available to residents, land-based casinos being among them, alongside other alternatives. This openness towards embracing the latest developments of the gambling stage made people think that the state is going to be among the first to regulate online gambling, as well, but so far, Iowa online casinos are not an option.
How many casinos are in Iowa?
The list of casinos in Iowa is an extensive one, with 23 such establishments, including tribal, commercial and racinos. Most of the lobby the legalization of Iowa online gambling, making us feel positive that it’s only a matter of time before it becomes a reality
What's the gambling age in Iowa?
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The legal gambling age in Iowa is of 21 years old, regardless of the way that players want to bet their cash on. This is a strict rule, seeing how if players want to bet online on sports, they first need to get inside a land-based casino, where they will prove they’re over 21, before being allowed to wager online.