Like other Iowa counties, we are searhing for a good prospect for the folks of Linn County to obtain these Positive aspects for our Local community.”
All five users with the panel are actually appointed Considering that the Cedar Rapids application last went before it for a vote.
If granted a license, gaming interests say the casino would guidance neighborhood nonprofits by contributing eight % of its once-a-year gaming earnings — the highest in the condition — to the Linn County Gaming Affiliation to divvy up. Iowa needs that accredited casinos donate a minimum of 3 per cent of earnings to nonprofits annually.
“The development crew carries on to exhibit their perseverance to Cedar Rapids using a vision to get a casino that highlights our Neighborhood’s probable as a contemporary enjoyment and gaming vacation spot,” Cedar Rapids Mayor Tiffany O’Donnell mentioned in an announcement.
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This was the site of Cooper’s Mill, property to a motel and restaurant, just before it had been wrecked from the 2008 flood and afterwards demolished.
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The point out panel overseeing Iowa’s 19 accredited casinos next meets July 8 at Prairie Meadows Casino and Hotel in Altoona. There, the 5-member regulatory Fee is predicted to share particulars about the process as well as a timeline for when gaming license programs is going to be thought of.
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The Cedar Rapids Progress Team’s contend with town doesn’t preclude others from applying to get a gaming license, but does give the group a lift in the procedure as local support elements in to the commission’s choice.