Iowa state rep: sports betting won’t be windfall for state pocketbook John Forbes, Des Moines Register · March 15, 2019 at 3:22 pm I have been assigned to handle one of the bills you are likely to hear a lot about in the weeks ahead. It is House File (HF) 648, the sports betting bill, legalizing sports betting and fantasy sports in Iowa. Like it or not, sports betting is ingrained in American life. A United States Supreme Court ruling last May cleared the way for states to allow sports betting. Eight states already allow wagering on sports, and that number is expected to grow to as many as 32 in the next five years.