The race on what state will be the first to legalize online poker is still wide open in the U.S. A bill that would legalize and regulate online poker in Iowa has failed to gain any traction, according to Card Player (via the Associated Press).
The bill will be amended and subject to another review. Card Player has some further details:
According to the article published this past Friday, lawmakers couldn’t agree on Senate File 458 in its current form. It will be amended and subject to later review by the Iowa Racing and Gaming Commission.
Supporters of the bill argue that it would bring much needed tax revenue to the state, while opponents have concerns about its ability to prevent underage players. According to the Quad-City Times, about 150,000 Iowans play poker online, and regulation could generate $30 million annually in tax revenue.