Like other Iowa counties, we are searching for a good probability to the persons of Linn County to acquire these benefits for our community.”
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If granted a license, gaming interests say the casino would aid area nonprofits by contributing 8 percent of its yearly gaming earnings — the highest while in the condition — to your Linn County Gaming Affiliation to divvy up. Iowa necessitates that accredited casinos donate at least three percent of earnings to nonprofits annually.
Hoping the moratorium would expire as prepared, the Cedar Rapids Metropolis Council very last 12 months signed off on the deal to earmark land in the northwest quadrant in the vicinity of downtown for a possible casino, need to state regulators ultimately award a license.
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Using the moratorium expiring before long, we sit up for bringing an unprecedented casino gaming and leisure vacation spot to Cedar Rapids.”
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After Linn County voters in 2021 handed a public referendum authorizing gaming while in the county with a second-consecutive vote, that permitted casino backers to hunt a license in perpetuity. The measure gained’t should arrive at voters once again.
The state panel overseeing Iowa’s 19 certified casinos up coming meets July eight at Prairie Meadows Casino and Resort in Altoona. There, the 5-member regulatory commission is expected to share particulars about the procedure in addition to a timeline for when gaming license purposes might be viewed as.
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