Grand Falls/Lyon Riverboat License Renewed

Altoona, Iowa — The Iowa Racing and Gaming Commission renewed the licenses for the 19 casinos it oversees during its meeting Tuesday in Altoona.

The state issues one license to the gambling company to run the games, and one to a non-profit organization to distribute the money they are required by the state to set aside. Several members of the non-profits spoke to the commissioners during the renewal process — including the president of the Lyon County Riverboat Foundation, Jerry Keizer of Doon, who talked about the funding they receive from the Grand Falls Casino near Larchwood.

He says they also distribute funds from the casino golf course, with half going to scholarships.

The Racing and Gaming Commission took the action to renew the licenses at their meeting this past week at the Prairie Meadows Casino in Altoona.

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