Prairie Meadows recently finished renovations and is ready to open the states first sports book once the Legislature approves it. Brian Powers, bpowers@dmreg.com
Iowans, get ready to start placing bets on your favorite college and professional sports teams.
Iowa lawmakers on Monday finalized legislation that will legalize sports wagering and placing bets on fantasy sports websites and apps like DraftKings and FanDuel.
The legislation follows a U.S. Supreme Court ruling last year that struck down a federal ban on sports wagering. Since then, lawmakers around the country have taken steps to regulate an industry that involves at least $150 billion in annual illegal wagers, the American Gaming Association estimates.