“I'm self-confident their up coming proposal will deliver sizeable Positive aspects to Cedar Rapids and Linn County in general, presenting unmatched possibilities for our inhabitants and website visitors while furnishing important assist for Group organizations to advance and prosper.”
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If granted a license, gaming pursuits say the casino would assistance area nonprofits by contributing 8 per cent of its annual gaming profits — the best while in the point out — into the Linn County Gaming Affiliation to divvy up. Iowa requires that certified casinos donate not less than 3 per cent of earnings to nonprofits annually.
“Our dedication to building a world-course spot has never wavered,” Swain reported. “We have been in the final stages of finalizing our eyesight for Cedar Crossing and anticipate environment a new typical for gaming and enjoyment in Iowa.”
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Just after Linn County voters in 2021 handed a community referendum authorizing gaming inside the county on the second-consecutive vote, that authorized casino backers to seek a license in perpetuity. The measure received’t should come to voters once more.
The developer paid the town $a hundred sixty five,000 for the option to acquire the home. The options demand flood safety infrastructure alongside the west facet from the Cedar River.
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