Gazette: Two firms to conduct market studies for proposed Cedar Rapids casinos

COUNCIL BLUFFS — The path forward for a high stakes decision of whether to approve a gambling license for one or more casinos in downtown Cedar Rapids became clearer today…

A timeline for evaluating the proposals also was laid out at today’s meeting and includes the following dates:

July 13 — The developers of the proposed casinos are to make presentations about their projects to the commission at Prairie Meadows Racetrack and Casino in Altoona.

Sept. 26 — The commission is to visit the three sites and the public will have a chance to weigh in at a public forum about the applications at the Cedar Rapids Convention Complex, 350 First Ave. NE.

Oct. 12 — White Sands Gaming and Marquette Advisors are to present their market studies and the Division of Criminal Investigation is to present criminal background reviews at Wild Rose Casino in Emmetsburg.

Nov. 16 — The commission is to vote on the casino license applications at Diamond Jo Casino in Dubuque.

Steve Gray, chairman of the Cedar Rapids Development Group, said in a statement the announcement of the timeline is good news for the community.

“We’re eager to make our case with the commission that our proposal is the right fit for the economic development of Cedar Rapids,” Gray said.

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