Like other Iowa counties, we are trying to find a fair possibility for the folks of Linn County to obtain these Added benefits for our Group.”
All 5 customers on the panel are already appointed For the reason that Cedar Rapids application final went just before it for any vote.
If granted a license, gaming interests say the casino would assistance nearby nonprofits by contributing eight p.c of its once-a-year gaming profits — the highest during the state — towards the Linn County Gaming Association to divvy up. Iowa requires that licensed casinos donate not less than three per cent of income to nonprofits each and every year.
Hoping the moratorium would expire as planned, the Cedar Rapids Town Council previous year signed off over a offer to earmark land while in the northwest quadrant in the vicinity of downtown for a potential casino, really should state regulators finally award a license.
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Together with the moratorium expiring quickly, we look ahead to bringing an unparalleled casino gaming and amusement spot to Cedar Rapids.”
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Besides county citizens, quite a few neighborhood government officials and trade unions even have lengthy supported the job.
The point out panel overseeing Iowa’s 19 licensed casinos following fulfills July eight at Prairie Meadows Casino and Resort in Altoona. There, the 5-member regulatory commission is anticipated to share information about the method and also a timeline for when gaming license purposes are going to be considered.
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