Gaming officials say the drop in gaming revenue during the last fiscal year is a continued rightsizing after a post-pandemic spike in Iowa’s gaming revenue. Cedar Crossing Casino & Entertainment Center officials remain optimistic about the revenue their new Cedar Rapids casino will produce.
A district judge has affirmed the validity of a state-issued gaming license for the Cedar Crossing Casino & Entertainment Center.
Timely construction of the $275M Cedar Crossing Casino & Entertainment facility is contingent on the case’s conclusion.
Timely construction of the proposed $275 million Cedar Crossing Casino facility is contingent on the case’s conclusion.A hearing is now set for May 7.
After a Cedar Rapids license was rejected twice and as the would-be casino developers were preparing to try again, the rocky relationship between the two casino operators took a turn in 2022 -- a partnership proposal. It now has turned into a court fight.
A judge said Wednesday he won’t put a temporary hold on a state license for a Cedar Rapids casino, but said Linn County ballot language to allow gambling in the county may have “caused confusion in the mind of the voters.“
The Iowa Department of Public Safety says under current law there is no legal mechanism by which to charge individuals for sharing their sports betting accounts with others or making bets on another’s behalf.
Iowa’s Racing and Gaming Commission voted unanimously Monday to deny a request by Riverside Casino & Golf Resort to immediately pause issuance of a gambling license in Linn County. They said the issue is one for Iowa courts to decide.
Just over 24 hours after the Iowa Racing and Gaming Commission voted to grant a gaming license to build a planned $275 million casino and entertainment center near downtown Cedar Rapids, the Cedar Rapids Development Group broke ground on the new facility Friday. The celebration, however, may be premature.
After more than a decade of trying to bring a casino to Linn County, the Iowa Racing and Gaming Commission voted 4-1 to grant a gaming license to build a planned $275 million casino and entertainment center near downtown Cedar Rapids.
State gambling regulators declined Thursday to decide whether inartful language in a 2021 Linn County referendum should prevent a proposed casino from being considered there.
Iowa lawmakers are expected to again consider a moratorium blocking the Iowa Racing and Gaming Commission from awarding new gaming licenses in the state.
Two new market studies say a proposed Cedar Rapids casino would largely rely on pulling patrons from other Iowa casinos rather than bringing in new customers or significantly increasing statewide gaming revenue.
The development agreement, approved by the Cedar Rapids City Council on Tuesday, is contingent upon the Iowa Racing and Gaming Commission issuing a gaming license to the project.
However, industry leaders say the numbers are merely leveling off after a post-pandemic spike in casino attendance
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