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Cedar Rapids Casino Proposal Seeking Approval In Iowa
![Cedar Rapids casino proposal](https://www.offshorebettingsites.net/wp-content/uploads/2024/07/cedarrapidscasinoproposal.jpg)
Investors in Cedar Rapids, Iowa, are hoping to get approval for a new $250 million casino proposal.
After unsuccessful attempts to secure a new casino license in 2014 and 2017, Peninsula Pacific Entertainment is optimistic about the potential of their new market studies. These studies are expected to demonstrate that a new casino would not only boost profits for nearby casinos but also significantly contribute to the state’s economy.
While market studies in the late 2010s suggested that an additional casino could negatively impact the revenue of existing casinos, a more recent 2021 analysis paints a more optimistic picture. This analysis indicates that a new casino could potentially increase the state’s overall profits by $51 million, offering hope for a brighter future.
Under current state gambling laws, 3% of all gaming profits are allocated to local non-profit organizations. However, Peninsula Pacific Entertainment has pledged to increase this percentage to 8% if they are granted the licensing, potentially providing a significant boost to these organizations.
The Iowa Racing and Gaming Commission will vote on Feb. 6th, 2025, to determine the fate of a new casino in Cedar Rapids.
How Many Casinos Are In Iowa?
There are currently 23 casinos in the state of Iowa, offering a wide range of gaming experiences. These include riverboat, land-based, and racino locations. Nineteen of the state’s casinos are commercially owned, while four are tribal casinos. The state allows all forms of adult gaming, including a variety of slots, live-dealer table games, specialty games, poker, and sports betting.
Iowa recently changed its minimum casino gambling age to 21 after allowing 18-and-up players to gamble for many years. This change was made to align with the age restrictions in neighboring states and to ensure responsible gambling practices. With most casinos located near the state line, Iowa casinos are aimed at attracting out-of-state players and providing multiple options for residents.
Can Iowa Players Gamble Online?
Offshore betting sites have serviced Iowa since the early 2000s and offer online casino games, sports betting, and poker gambling. Since there are no federal or state gambling laws preventing access to online gambling sites, players over the age of 18 can access online casinos and wager with real money.
Online players will find numerous banking options designed to make deposits and withdrawals fast and reliable. There are also multiple bonus options for new and returning players and rewards programs for members. With online slots, the libraries are massive, and free play options allow players to become familiar with the game before wagering.
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Major Offshore Casino Site Stops Accepting Players From Select States
![Bovada not available](https://www.offshorebettingsites.net/wp-content/uploads/2024/08/Bovada-not-available.jpg)
Bovada, the online casino and sportsbook, has announced that it will no longer accept new accounts from Michigan, Connecticut, Colorado, D.C., Delaware, Maryland, Nevada, New Jersey, New York, and West Virginia.
Bovada only recently excluded Michigan, Colorado, and Connecticut; the other states were already on the not-accepted list. This announcement comes after several states sent the trusted offshore site a cease-and-desist letter after claiming a loss of revenue for their state-licensed sportsbooks.
While Bovada could fight for access to those players, it would be easier for the site outside the US to comply instead of facing a lengthy court battle. In the past, other states have also sent letters for operators to quit accepting their client pool. States like Nevada, New Jersey, and New York were among the first to fight to retain their player pool.
Bovada has been operating legally online since 2011 when it was spurred from Bodog to target US players. Today, Bovada is still one of the most trusted online casinos available to US players and a major provider for many Americans who don’t live in states that authorize online casinos and sports betting.
Online Gambling Options For Bovada Banned States
Despite Bovada backtracking and accepting fewer players today than when they first launched, there are still plenty of legitimate offshore gambling options for all 50 states. The US States that allow offshore betting are still the majority, as Bovada is only one of several legitimate operators.
Other lesser-known casino and sportsbook operators like BetOnline, BetUS, and MyBookie have slipped under the radar and can still service Bovada-restricted states. Since there are no gambling laws that specifically make online gambling illegal, it is left for each state to decide what their residents can access online. To our knowledge, no state has passed a law banning online gambling from offshore sites. For now, only a few states are sending cease and desist letters to try to retain some players who have grown accustomed to offshore services.
Will My Bovada Account Get Locked If They Stop Accepting Players From My State?
No, Bovada will let you keep your online account and withdraw funds if you live in a recently banned state. However, you will likely not be allowed to further participate in the games found online as the site is geofenced.
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San Francisco 49ers Ink New Offshore Casino Deal
![San Francisco 49ers in Mexico](https://www.offshorebettingsites.net/wp-content/uploads/2024/08/SF-MX.jpg)
The San Francisco 49ers have made history with their recent announcement of a groundbreaking offshore casino partnership, marking the first international sports betting deal for an NFL team.
Ryan Connors, Senior Director of Global Sales and Strategy for the San Francisco 49ers, stated, “This enhanced relationship gives our Spanish-speaking and Mexico-based Faithful a lot to look forward to this season through new and engaging content, both in-person and online.”
The partnership will allow the use of official 49ers logos in the sportsbook and allow the casino to host events related to the team. Last year, numerous events were to attract 49ers fans, aka “Faithful,” during the 49erteam’s post-season. The 49ers made it to Super Bowl LVIII, where they lost 25-22 against the Kansas City Chiefs. This partnership not only expands the 49ers’ global reach but also provides unique experiences for their fans, such as exclusive events and content.
Domestic Sportsbook Expansion
Since the Professional and Amateur Sports Protection Act (PASPA) was overturned in 2018 by a Supreme Court decision, states have authorized sports betting services to operate from their jurisdiction. According to the American Gaming Association, 38 continental states offer legal sportsbooks. Washington, D.C., and Puerto Rico have also authorized sports betting, and several more states are legalizing domestic sports betting.
Domestic online sports betting is legal in 30 states but often reserved for players over 21. While many states require players to jump through hoops to bet on sports online, each state has its own regulations players must abide by before placing an online wager.
Personal Experience With Offshore Sportsbooks
In addition to the numerous U.S. betting states, U.S. players have offshore sports betting options from trusted gambling regions worldwide. Offshore sportsbooks like Bovada and BetOnline have accepted U.S. players since the early 2000s and have perfected the trade with prop builder tools, in-game wagers, and odds boosters. These offshore options often provide a wider range of betting options and competitive odds, making them a popular choice for many players.
For many players, offshore football betting sites are not just an option but a preferred choice. While I like having a drink and placing a wager at my local sportsbook, I typically find better odds online and enjoy watching the games I have laid action on in my personal space or with friends.
While I have multiple online sports betting accounts, my main source is Bovada, a platform that allows Bitcoin gambling deposits and offers fast payouts. It’s important to note that I don’t rely on my bets to pay out because I understand the risks involved. Instead, I see betting as a way to enhance the game and sometimes fund my weekend experiences.
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Las Vegas Sands Lobbying For Five Casino Destinations In Texas
![LV Sands Casino](https://www.offshorebettingsites.net/wp-content/uploads/2024/07/sandscasino.jpg)
A lobbyist from the Las Vegas Sands Corporation is pushing to get casino legislation passed in Texas as they would like to add five TX destinations in the future.
Last week, city leaders in North Texas met with Las Vegas Sands Corporation partners to gain support for new legislation that could bring domestic casinos to the state. The North Texas Commission and the Texas Association of Business assembled the meeting.
Sands’ lobbyist Andy Abboud said that Sands would eventually seek two Dallas-Ft Worth casino locations and at least five destinations in Texas. Abboud said that casinos don’t need to be on every corner and that too many locations could diminish the investment. He said that casinos should be like major league teams and only in a few select areas of the state.
The Las Vegas Sands Corporation, currently owned by billionaire Miriam Adelson, has been a major player in the push for Texas casinos in recent years. Adelson and other key figures have spent millions lobbying for the cause. Sands has taken significant steps towards this goal, including purchasing 108 acres across from the old Dallas Cowboys stadium, positioning themselves to act swiftly if legislation passes.
Are Online Casinos Legal In Texas?
There are no state or federal gambling laws that explicitly make offshore betting sites legal or illegal in the state of Texas. Therefore, players can wager online at casinos, sports, or poker gambling sites. However, it’s important to note that the state does not have domestic casinos or online casinos authorized and regulated by the state, but there are a few tribal casinos.
What Online Betting Options Can TX Players Access?
Texans have the freedom to enjoy all forms of online gambling, from casino games to sports betting, poker apps, online bingo, and more. The variety of options, including live dealer games like blackjack, roulette, and baccarat, ensures that every player can find their favorite games.
Online betting sites ask their players to follow local ordinances and laws but do not vet every player who signs up. However, players must confirm their identity and age before issuing a payout.
Will Texas Permit Domestic Casinos In The Future?
While there is no guarantee, likely, Texas will eventually open its doors to in-person casino gambling. Even though Texas has long fought illegal gambling, the revenue it can produce is substantial and could benefit the state in numerous ways. However, it’s important to consider the potential social and economic drawbacks, such as increased gambling addiction and possible negative impacts on existing businesses.
Legislation to allow domestic casinos has repeatedly failed in the state. However, it will likely be seriously considered with influential figures such as Mark Cuban and the Adelsons now determined to change the law.
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