This week Iowa governor Kim Reynolds signed a bill into law that will place a two-year moratorium on new casino licenses in the Hawkeye State.
The bill was originally part of House File 2497, which itself is part of a broader set of rules and regulations for the state's gambling industry. That vote passed with a 60-23 margin in the House and a 35-11 margin in the Senate.
The bill was introduced amid concerns that Iowa's casino industry is being saturated, as there are 23 in the state (19 of which are state-licensed). Lawmakers wanted to see a market equilibrium. The counterargument from opponents like Cedar Rapids mayor Tiffany O'Donnell is that the moratorium can hurt tax revenues and casino donations to nonprofits.
The moratorium is supported by the Iowa Gaming Association, the state's gambling lobby.
After two years, the state will have the option of having new casino licenses issued, or the moratorium could stretch out longer if additional bills are passed.