Iowa Sports Fans!

Lawmakers in Des Moines are pushing a massive tax hike on legal sports betting. But here’s what doesn’t add up: Iowa is already sitting on a $6 billion budget surplus. So why are lawmakers coming after your wallet?

“We’re looking at a nearly $2 billion ending balance. We’re looking at nearly $4 billion in the Taxpayer Relief Fund. We’re by no means somehow just opening up the wallet and spending every dollar we can get our hands on.” – House Speaker Pat Grassley

THE FACTS

  • With a tax hike, customers would have access to fewer promotions and bonuses, and more taxes mean worse odds for players like you.
  • Iowa has a fair sports betting tax rate, which generates millions yearly to address important community needs.
  • The state has a $6 billion budget surplus. Why are legislators trying to raise taxes on sports fans when the government already has billions in the bank?