Iowa gaming regulators to meet and discuss proposed Linn County casino project
The state just lifted a two-year license moratorium.
The Iowa Racing and Gaming Commission is scheduled to meet later this week to discuss a casino proposal, according to a Yahoo! News report.
The meeting will take place July 12 at 8:30am and is open to the public.
The pending project, proposed by the Linn County Gaming Association and its partner Peninsula Pacific Entertainment, would bring a new casino to the Cedar Rapids area.
The duo has worked on the application for the past two years and will be ready to submit the full proposal by the end of this month, according to a representative of the development group and Linn County Gaming Association.
Until recently, the state had a two-year moratorium on new gaming licenses in place. However, the moratorium expired earlier this month.
Cedar Rapids has attempted to bring another casino to the city multiple times throughout the years, but the city has faced opposition in those tries.
Linn County voted to approval casino expansion more than 10 years ago, setting up Cedar Rapids for the possibility of a third casino.
After legislation was passed in 2013, Cedar Rapids applied for a casino license, but saw its application denied by the state’s Racing and Gaming Commission.
But that did not stop the city from filing again in 2017. However, the state regulator once again denied Cedar Rapid’s application.
Two years ago, Cedar Rapids tried again, this time pitching a proposal for a $250m gaming facility that would sit across the river.
The Iowa Racing and Gaming Commission oversees 19 active casinos throughout the state.
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