Des Moines, Iowa — The official application for a state license to build and operate a casino in Cedar Rapids has been filed with the commission that oversees the state’s gambling industry.
Peninsula Pacific Entertainment — which is owned by Churchill Downs — is the developer behind the proposed Cedar Crossing Casino and Entertainment Center. The Iowa Racing and Gaming Commission will review the plan for a 250-million dollar casino in Cedar Rapids on October 3rd, but will not vote on the project until February. Two previous attempts to secure a casino license for Cedar Rapids have failed.
The CEO of Grand Falls Casino near Larchwood, Dan Kehl of Elite Casino Resorts, has criticized a potential casino in Cedar Rapids, saying it would make casinos like Elite’s in Riverside less profitable. Riverside is just 40 minutes away from Cedar Rapids.
