“I'm self-assured their following proposal will provide major Positive aspects to Cedar Rapids and Linn County in general, providing unmatched opportunities for our citizens and people while offering very important assistance for community organizations to progress and prosper.”
All five customers from the panel happen to be appointed Considering that the Cedar Rapids software final went just before it to get a vote.
If granted a license, gaming passions say the casino would assist nearby nonprofits by contributing 8 percent of its annual gaming income — the very best during the point out — to your Linn County Gaming Affiliation to divvy up. Iowa requires that accredited casinos donate a minimum of three % of income to nonprofits each and every year.
Hoping the moratorium would expire as planned, the Cedar Rapids Metropolis Council previous calendar year signed off with a offer to earmark land while in the northwest quadrant near downtown for a possible casino, really should point out regulators eventually award a license.
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This was the internet site of Cooper’s Mill, residence to the motel and restaurant, right before it was wrecked in the 2008 flood and later on demolished.
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Soon after Linn County voters in 2021 handed a public referendum authorizing gaming while in the county over a next-consecutive vote, that authorized casino backers to hunt a license in perpetuity. The measure won’t must arrive at voters yet again.
The state panel overseeing Iowa’s 19 accredited casinos upcoming fulfills July 8 at Prairie Meadows Casino and Hotel in Altoona. There, the 5-member regulatory Fee is predicted to share aspects about the procedure and a timeline for when gaming license applications will probably be deemed.
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The Cedar Rapids Advancement Group’s cope with town doesn’t preclude Other folks from applying for a gaming license, but does provide the group a lift in the process as local guidance aspects into the Fee’s selection.