“I'm assured their up coming proposal will convey major Advantages to Cedar Rapids and Linn County as a whole, featuring unmatched prospects for our citizens and guests though supplying very important support for community organizations to advance and thrive.”
All five associates from the panel have been appointed Considering that the Cedar Rapids software final went prior to it for a vote.
If granted a license, gaming pursuits say the casino would support area nonprofits by contributing 8 p.c of its annual gaming profits — the highest during the point out — towards the Linn County Gaming Association to divvy up. Iowa needs that licensed casinos donate at the least 3 percent of profits to nonprofits every year.
“The development staff proceeds to reveal their dedication to Cedar Rapids using a vision for the casino that highlights our Neighborhood’s probable as a modern enjoyment and gaming spot,” Cedar Rapids Mayor Tiffany O’Donnell claimed in a statement.
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Soon after Linn County voters in 2021 handed a general public referendum authorizing gaming in the county on the 2nd-consecutive vote, that permitted casino backers to hunt a license in perpetuity. The evaluate received’t have to come to voters once more.
The condition panel overseeing Iowa’s 19 licensed casinos next satisfies July 8 at Prairie Meadows Casino and Hotel in Altoona. There, the 5-member regulatory commission is predicted to share information about the process and a timeline for when gaming license apps is going to be regarded as.
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The Cedar Rapids Development Team’s manage the town doesn’t preclude Other folks from applying to get a gaming license, but does provide the team a boost in the procedure as area assist aspects into the Fee’s selection.