“I am confident their next proposal will provide substantial benefits to Cedar Rapids and Linn County as a whole, presenting unmatched possibilities for our inhabitants and readers whilst giving crucial aid for Local community corporations to progress and prosper.”
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If granted a license, gaming pursuits say the casino would aid area nonprofits by contributing 8 per cent of its annual gaming income — the highest during the state — to your Linn County Gaming Association to divvy up. Iowa calls for that accredited casinos donate not less than 3 per cent of earnings to nonprofits annually.
“Our motivation to building a globe-course place has not wavered,” Swain stated. “We've been in the ultimate phases of finalizing our eyesight for Cedar Crossing and sit up for environment a brand new standard for gaming and amusement in Iowa.”
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Using the moratorium expiring soon, we stay up for bringing an unparalleled casino gaming and leisure location to Cedar Rapids.”
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The state panel overseeing Iowa’s 19 licensed casinos up coming fulfills July 8 at Prairie Meadows Casino and Hotel in Altoona. There, the five-member regulatory commission is expected to share specifics about dggaming the method plus a timeline for when gaming license apps might be viewed as.
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The Cedar Rapids Enhancement Team’s deal with the city doesn’t preclude Other people from applying for any gaming license, but does give the group a boost in the procedure as local assistance components in the Fee’s final decision.