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A sports wagering license is required for any Iowa licensee that is currently authorized to conduct gambling games at a pari-mutuel racetrack enclosure or a licensee authorized to operate an excursion gambling boat or gambling structure and is requesting authorization to conduct sports wagering.

Code Citation 99F

Who Applies An Iowa licensee authorized to conduct gambling games at a pari-mutuel racetrack enclosure or a licensee authorized to operate an excursion gambling boat or gambling structure.

When To Apply Application must be filed with the administrator of the Racing and Gaming Commission at least 30-60 days prior to the proposed first day of wagering.

Initial Requirements Application and application fee. Applicant must have an existing license for racetrack enclosure, gambling boat or gambling structure.

Duration One year.

Processing Time 30-60 days.

Fee Structure $45,000 initial fee; $10,000 renewal fee

Renewal Requirements Does not pertain.

Exam Does not pertain.

Additional Information None.