Like other Iowa counties, we are searching for a fair prospect for that men and women of Linn County to obtain these Positive aspects for our Neighborhood.”
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If granted a license, gaming pursuits say the casino would guidance neighborhood nonprofits by contributing eight percent of its yearly gaming earnings — the very best during the state — into the Linn County Gaming Association to divvy up. Iowa involves that licensed casinos donate at least 3 per cent of revenue to nonprofits on a yearly basis.
Hoping the moratorium would expire as planned, the Cedar Rapids Metropolis Council past year signed off on the offer to earmark land during the northwest quadrant close to downtown for a potential casino, need to point out regulators eventually award a license.
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Using the moratorium expiring before long, we anticipate bringing an unparalleled casino gaming and enjoyment destination to Cedar Rapids.”
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“A local casino can help our communities be a lot more vibrant, as we estimate Cedar Crossing will be able to dedicate $five million to $7 million to nonprofits yearly. This can be a major boost to local corporations, and just one of the numerous ways this challenge could make Linn County an better yet spot to live, function and visit.”
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