“I am self-assured their upcoming proposal will carry substantial Gains to Cedar Rapids and Linn County as a whole, presenting unmatched possibilities for our residents and website visitors while offering very important aid for community companies to advance and thrive.”
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If granted a license, gaming interests say the casino would guidance nearby nonprofits by contributing eight percent of its yearly gaming earnings — the highest from the state — on the Linn County Gaming Association to divvy up. Iowa demands that certified casinos donate at the least 3 % of revenue to nonprofits each year.
“Our commitment to creating a planet-class desired destination has not wavered,” Swain mentioned. “We are in the ultimate stages of finalizing our eyesight for Cedar Crossing and anticipate setting a fresh normal for gaming and entertainment in Iowa.”
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Together with the moratorium expiring shortly, we stay up for bringing an unparalleled casino gaming and leisure desired destination to Cedar Rapids.”
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“An area casino may help our communities be far more vibrant, as we estimate Cedar Crossing can commit $five million to $seven million to nonprofits annually. This will likely be An important Improve to area organizations, and just one of several numerous ways this project will make Linn dggaming County an better yet location to Are living, work and pay a visit to.”
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The Cedar Rapids Growth Team’s manage town doesn’t preclude Many others from implementing for a gaming license, but does provide the team a lift in the method as community guidance things into your Fee’s final decision.