#Jonathan Swain

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Iowa Gov. pushed not to sign casino moratorium bill as P2E's Cedar Rapids project developers unveil $250M plans

Despite Iowa lawmakers passing last week a two-year moratorium on new casino licenses, developers and backers of a $250 million casino proposal in Cedar Rapids, Linn County, have unveiled details and plans for their project, called "Cedar Crossing." The Linn County Gaming Association (LCGA), Cedar Rapids Development Group, and Peninsula Pacific…
Gaming Authorities
Iowa Gov. pushed not to sign casino moratorium bill as P2E's Cedar Rapids project developers unveil $250M plans
The Gazette

Cedar Rapids’ casino plans envision $250 million ‘Cedar Crossing’ entertainment complex at old Coope

CEDAR RAPIDS - Undeterred by state lawmakers' action to block new casino licenses until 2024, local casino backers have unveiled plans for a $250 million, 160000 square-foot entertainment and cultural arts complex near downtown Cedar Rapids at the site of now-demolished Cooper's Mill. The Cedar Crossing casino proposal, shared exclusively with The…
Gaming Authorities
Cedar Rapids’ casino plans envision $250 million ‘Cedar Crossing’ entertainment complex at old Coope
Wild Casino
Little Village Magazine

Cedar Rapids' chance for a casino will be blocked by surprise amendment to gambling bill

Cedar Rapids' latest attempt to add a downtown casino encountered an unexpected problem on Monday, when the Iowa Legislature approved a bill with an amendment that prohibits the Iowa Racing and Gaming Commission (IRGC) from issuing any new casino licenses before June 30, 2024. "This is incredibly unfair," Cedar Rapids Democrat Rep. Kirsten…
Law
Cedar Rapids' chance for a casino will be blocked by surprise amendment to gambling bill
The Gazette

Potential Cedar Rapids casino operator sells some assets to Churchill Downs

The would-be operator of a Linn County casino is selling its Sioux City casino and other properties to Churchill Downs Inc. The $2.5 billion deal, announced Tuesday, does not affect Peninsula Pacific Entertainment's plans to develop a casino in Cedar Rapids, should one ever be approved by the state. (The Gazette) The would-be operator of a Linn…
Industry
Potential Cedar Rapids casino operator sells some assets to Churchill Downs
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Iowa Public Radio

Linn County will vote on a gambling referendum Tuesday. The outcome could have impacts statewide

Linn County residents once again have the chance to weigh in on whether gambling should be allowed in the community. The referendum on the ballot Tuesday could have implications for communities across the state that rely on revenues from existing casinos. The gambling industry has grown significantly in Iowa since lawmakers opened the door for…
Law
Linn County will vote on a gambling referendum Tuesday. The outcome could have impacts statewide
The Gazette

As casino backers look to pass Linn County gaming referendum, potential location uncertain

The three Cedar Rapids casino proposals to be considered by state regulators include (from left) Cedar Crossing 2.0, Cedar Crossing 1.0 and Wild Rose. (renderings provided by casino development groups) CEDAR RAPIDS - When voters cast their ballots in the Nov. 2 local elections, they'll have the option of backing a measure to keep the door open for…
Law
As casino backers look to pass Linn County gaming referendum, potential location uncertain
The Gazette

Another Linn County gambling vote, but gaming has changed

Given all the talk this week about a Linn County gambling referendum this fall, I tried this past week to get in touch with Jonathan Swain. He's president of Peninsula Pacific Entertainment, the casino company leading a group of investors that holds all the cards when it comes to the possibility of a casino, someday, in Cedar Rapids. The Cedar…
Gaming Authorities
Another Linn County gambling vote, but gaming has changed