Potential Cedar Rapids Casino Could Impact QC - FOX 18 Quad Cities News and Weather

Potential Cedar Rapids Casino Could Impact QC

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Davenport is well on its way to getting a new land based casino but another casino, possibly coming to the Cedar Rapids area, could negatively impact the Quad Cities.
     
That's coming from two independent studies conducted for the Iowa Racing and Gaming Commission. Officials found that Rhythm City and Isle of Capri in Bettendorf would each see a $6-million loss in revenue if the new casino is built.
   
Officials say there's no way another casino can be built without taking away from others. RDA President Mary Ellen Chamberlin says the study may be underestimating how much a new casino would really affect the Quad Cities.

"Generally speaking, I think these studies are very conservative in terms of their impact and that the impact could be greater in the long term than they're indicating," Chamberlin said.
     
The IRGC has not made a decision yet on if it will allow Cedar Rapids to get a license for a new casino.
    
On Thursday, the commission will hold a public meeting where the independent study vendors will get to present their findings. Then on April 17th they are expected to make a decision about the license.

 

 

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