Cedar Rapids casino approved overwhelmingly
CEDAR RAPIDS (AP) — Now that Linn County voters have overwhelming approved the idea of casino gambling in Cedar Rapids, the next official stop for casino investors is the Iowa Racing and Gaming Commission.
Officials say the proposal passed with a 22-point margin after the ballot count was completed Tuesday, 61 percent in favor versus 39 percent against.
Casino investor Steve Gray told The Gazette that it will take four to six months to complete work on an application to the commission. He estimates it will take the commission six to 12 months to study the application before deciding whether to grant a license.
The $85 million casino will sit across the Cedar River from downtown Cedar Rapids.