“I am self-assured their subsequent proposal will carry major Gains to Cedar Rapids and Linn County in general, supplying unmatched chances for our residents and site visitors when supplying crucial aid for community organizations to advance and thrive.”
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If granted a license, gaming pursuits say the casino would aid nearby nonprofits by contributing 8 % of its annual gaming income — the very best while in the condition — to your Linn County Gaming Affiliation to divvy up. Iowa necessitates that certified casinos donate at the very least three p.c of revenue to nonprofits each and every year.
Hoping the moratorium would expire as planned, the Cedar Rapids City Council last calendar year signed off with a deal to earmark land while in the northwest quadrant around downtown for a potential casino, should point out regulators finally award a license.
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This was the internet site of Cooper’s Mill, dwelling to the motel and cafe, just before it was wrecked during the 2008 flood and later demolished.
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Immediately after Linn County voters in 2021 handed a public referendum authorizing gaming in the county with a 2nd-consecutive vote, that permitted casino backers to seek a license in perpetuity. The evaluate gained’t need to arrive at voters all over again.
The condition panel overseeing Iowa’s 19 certified casinos upcoming satisfies July eight at Prairie Meadows Casino and Resort in Altoona. There, the 5-member regulatory Fee is anticipated to share facts about the method and also a timeline for when gaming license purposes will be considered.
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