William Hill US is partnering with Iowa’s Prairie Meadows Racetrack & Casino, in anticipation of the legalization of sports betting in the state.
HF2448, filed during the state’s last General Assembly, would have allowed licensees to operate sportsbooks, provided the Supreme Court repeal the federal ban on sports betting. Although the Supreme Court did just that, the bill, which would have imposed as much as a 22% tax on adjusted gross receipts over $3 million, failed to pass.
In a press release, Prairie Meadows announced that it has made William Hill its official sportsbook operator, even as a new sports wagering bill has still to be filed for the present General Assembly.
William Hill CEO Joe Asher said, “We are building a first-class sports book that will make Prairie Meadows the best place to bet and watch the games.”