Like other Iowa counties, we are seeking a good prospect for the folks of Linn County to obtain these Added benefits for our Local community.”
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If granted a license, gaming passions say the casino would assist nearby nonprofits by contributing eight % of its once-a-year gaming revenue — the very best in the condition — into the Linn County Gaming Association to divvy up. Iowa involves that licensed casinos donate at the least three percent of income to nonprofits each year.
Hoping the moratorium would expire as prepared, the Cedar Rapids Metropolis Council previous yr signed off on the deal to earmark land in the northwest quadrant near downtown for a possible casino, need to point out regulators sooner or later award a license.
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Along with the moratorium expiring before long, we stay up for bringing an unparalleled casino gaming and leisure desired destination to Cedar Rapids.”
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“A neighborhood casino might help our communities be a lot more vivid, as we estimate Cedar Crossing should be able to commit $5 million to $seven dggaming million to nonprofits on a yearly basis. This can be An important boost to regional corporations, and just one of many some ways this job could make Linn County an even better spot to Dwell, get the job done and visit.”
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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 give the team a lift in the method as community guidance things into your Fee’s final decision.