{"id":3384,"date":"2024-10-04T15:00:42","date_gmt":"2024-10-04T15:00:42","guid":{"rendered":"https:\/\/www.casinousa.com\/news\/?p=3384"},"modified":"2024-10-04T15:28:01","modified_gmt":"2024-10-04T15:28:01","slug":"cedar-rapids-casino-pitched-for-a-third-time-in-iowa","status":"publish","type":"post","link":"https:\/\/www.casinousa.com\/news\/cedar-rapids-casino-pitched-for-a-third-time-in-iowa","title":{"rendered":"Cedar Rapids Casino Pitched for a Third Time in Iowa"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/www.casinousa.com\/news\/wp-content\/uploads\/sites\/2\/2024\/10\/new-rendering-of-proposed-cedar-crossing-casino.jpg\" alt=\"New Rendering of proposed Cedar Crossing Casino\" class=\"alignleft size-full wp-image-3385\" width=\"300\"\/><strong>Summary:<\/strong><\/p>\n<ul>\n<li>The new project would bring more than 500 full-time jobs to the area. <\/li>\n<li>Peninsula Pacific Entertainment and Linn County Gaming Association are behind the pitch. <\/li>\n<li>Annual gaming revenues are expected to reach over $100 million. <\/li>\n<\/ul>\n<p>Yesterday, <strong>Peninsula Pacific Entertainment<\/strong> (PPE) and the <strong>Linn County Gaming Association<\/strong> gave a third presentation in the <a href=\"https:\/\/www.casinousa.com\/news\/peninsula-pacific-entertainment-to-apply-for-iowa-gaming-license\">hopes of bringing a new casino project to Cedar Rapids<\/a>. <strong>Mayor Tiffany O\u2019Donnell<\/strong> is optimistic that this time around, the project will gain approvals as the data has been updated and the plan is more robust. <\/p>\n<h2 id=\"iowa-racing-and-gaming-commission-pitched-again\">Iowa Racing and Gaming Commission Pitched Again<\/h2>\n<p>During the meeting, the <strong>Iowa Racing and Gaming Commission<\/strong> listened as the project data was revealed for a third time. The $275 million project, known as &#8220;<em>Cedar Crossing<\/em>&#8220;, would provide more than 500 full-time jobs to the area. Based on the development plans, more than 1,100 jobs would be created as the project is constructed. <\/p>\n<p>The plans revealed that <strong>projected annual gaming revenues would reach $108 million<\/strong>, of which $80 million will be new revenues for the state. The project would provide 8% of its annual revenues to local nonprofits in Iowa, much higher than the 3% required by the state. <\/p>\n<p>The new property would be located near downtown Cedar Rapids, featuring various entertainment options. <\/p>\n<div style=\"position:relative;height:0;padding-bottom:56.25%\">\n<iframe loading=\"lazy\" src=\"https:\/\/www.youtube.com\/embed\/PoPzHfRbWog?rel=0&amp;showinfo=0?ecver=2\" width=\"640\" height=\"360\" frameborder=\"0\" style=\"position:absolute;width:100%;height:100%;left:0\" allowfullscreen><\/iframe>\n<\/div>\n<p>&nbsp;<\/p>\n<h2 id=\"denied-in-2014-and-2017\">Denied in 2014 and 2017<\/h2>\n<p>The Cedar Crossing Casino &#038; Entertainment Center was up for consideration in 2014 and 2017 but failed to gain ground due to concerns about cannibalization. The fear was that a casino in Cedar Rapids would pull revenues from existing gambling outlets in <a href=\"https:\/\/www.casinousa.com\/states\/iowa\">Iowa<\/a>. <\/p>\n<p>Developers now say that the impact on other casinos would be less than originally expected. <strong>Suzanne Leckert<\/strong>, a consultant on the project, stated that the impact on existing venues was reviewed closely, and previous studies overestimated how the Cedar Rapids project would affect other properties. <\/p>\n<p>Leckert pointed out that the gaming industry has evolved since the last time the project was pitched. <a href=\"https:\/\/www.riversidecasinoandresort.com\">Riverside Casino<\/a> is one local venue that earned $85 million in 2017 and now sees around $129 million in revenues. <\/p>\n<p>The Cedar Rapids location is expected to reduce local casino revenues by just over 25%. Much of the impact would come from future growth projections instead of existing revenues. <\/p>\n<p>After hearing the updated plans and projections, the Iowa Racing and Gaming Commission must rule on the matter. <strong>The Commission does not have to make its decision until February 6, 2025.<\/strong> Before that, the project will need to complete a public comment session and site visit. The site visit is set for next month with the project trying to complete all necessary steps before the February ruling. <\/p>\n","protected":false},"excerpt":{"rendered":"Summary: The new project would bring more than 500 full-time jobs to the area. Peninsula Pacific Entertainment and Linn County Gaming Association are behind the pitch. Annual gaming revenues are expected to reach over $100 million. Yesterday, Peninsula Pacific Entertainment (PPE) and the Linn County Gaming Association gave a third presentation in the hopes of [&hellip;]","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1,3,5],"tags":[],"class_list":["post-3384","post","type-post","status-publish","format-standard","hentry","category-news","category-general","category-industry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Cedar Rapids Casino Pitched for a Third Time in Iowa<\/title>\n<meta name=\"description\" content=\"For a third time, the Cedar Crossing project was pitched again to Cedar Rapids officials in the hopes of bringing the $275 million casino project to life.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.casinousa.com\/news\/cedar-rapids-casino-pitched-for-a-third-time-in-iowa\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cedar Rapids Casino Pitched for a Third Time in Iowa\" \/>\n<meta property=\"og:description\" content=\"For a third time, the Cedar Crossing project was pitched again to Cedar Rapids officials in the hopes of bringing the $275 million casino project to life.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casinousa.com\/news\/cedar-rapids-casino-pitched-for-a-third-time-in-iowa\" \/>\n<meta property=\"og:site_name\" content=\"CasinoUSA News\" \/>\n<meta property=\"article:published_time\" content=\"2024-10-04T15:00:42+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-10-04T15:28:01+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casinousa.com\/news\/wp-content\/uploads\/sites\/2\/2024\/10\/new-rendering-of-proposed-cedar-crossing-casino.jpg\" \/>\n<meta name=\"author\" content=\"Sadonna Price\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Sadonna Price\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casinousa.com\/news\/cedar-rapids-casino-pitched-for-a-third-time-in-iowa\",\"url\":\"https:\/\/www.casinousa.com\/news\/cedar-rapids-casino-pitched-for-a-third-time-in-iowa\",\"name\":\"Cedar Rapids Casino Pitched for a Third Time in Iowa\",\"isPartOf\":{\"@id\":\"https:\/\/www.casinousa.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casinousa.com\/news\/cedar-rapids-casino-pitched-for-a-third-time-in-iowa#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casinousa.com\/news\/cedar-rapids-casino-pitched-for-a-third-time-in-iowa#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casinousa.com\/news\/wp-content\/uploads\/sites\/2\/2024\/10\/new-rendering-of-proposed-cedar-crossing-casino.jpg\",\"datePublished\":\"2024-10-04T15:00:42+00:00\",\"dateModified\":\"2024-10-04T15:28:01+00:00\",\"author\":{\"@id\":\"https:\/\/www.casinousa.com\/news\/#\/schema\/person\/d3abd52bb9d75eb130cd63cd605c76c0\"},\"description\":\"For a third time, the Cedar Crossing project was pitched again to Cedar Rapids officials in the hopes of bringing the $275 million casino project to life.\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casinousa.com\/news\/cedar-rapids-casino-pitched-for-a-third-time-in-iowa\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casinousa.com\/news\/cedar-rapids-casino-pitched-for-a-third-time-in-iowa#primaryimage\",\"url\":\"https:\/\/www.casinousa.com\/news\/wp-content\/uploads\/sites\/2\/2024\/10\/new-rendering-of-proposed-cedar-crossing-casino.jpg\",\"contentUrl\":\"https:\/\/www.casinousa.com\/news\/wp-content\/uploads\/sites\/2\/2024\/10\/new-rendering-of-proposed-cedar-crossing-casino.jpg\",\"width\":380,\"height\":250,\"caption\":\"New Rendering of proposed Cedar Crossing Casino\"},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.casinousa.com\/news\/#website\",\"url\":\"https:\/\/www.casinousa.com\/news\/\",\"name\":\"CasinoUSA News\",\"description\":\"Just another CasinoUSA Sites site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.casinousa.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.casinousa.com\/news\/#\/schema\/person\/d3abd52bb9d75eb130cd63cd605c76c0\",\"name\":\"Sadonna Price\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casinousa.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/6b8e2464e7f1d051f579e7e8960c012eab7788594ed7d4e832fc6bea70036a9e?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/6b8e2464e7f1d051f579e7e8960c012eab7788594ed7d4e832fc6bea70036a9e?s=96&d=mm&r=g\",\"caption\":\"Sadonna Price\"},\"description\":\"Sadonna Price has been part of the online casino industry for over a decade, watching it develop and expand across the US. She enjoys playing online slots and table games, as well as Texas Hold\u2019em.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/in\/sadonna-price-2702b642\/\",\"https:\/\/www.pinterest.co.uk\/sani23\/\"],\"url\":\"https:\/\/www.casinousa.com\/news\/author\/sadonna-price\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Cedar Rapids Casino Pitched for a Third Time in Iowa","description":"For a third time, the Cedar Crossing project was pitched again to Cedar Rapids officials in the hopes of bringing the $275 million casino project to life.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.casinousa.com\/news\/cedar-rapids-casino-pitched-for-a-third-time-in-iowa","og_locale":"en_US","og_type":"article","og_title":"Cedar Rapids Casino Pitched for a Third Time in Iowa","og_description":"For a third time, the Cedar Crossing project was pitched again to Cedar Rapids officials in the hopes of bringing the $275 million casino project to life.","og_url":"https:\/\/www.casinousa.com\/news\/cedar-rapids-casino-pitched-for-a-third-time-in-iowa","og_site_name":"CasinoUSA News","article_published_time":"2024-10-04T15:00:42+00:00","article_modified_time":"2024-10-04T15:28:01+00:00","og_image":[{"url":"https:\/\/www.casinousa.com\/news\/wp-content\/uploads\/sites\/2\/2024\/10\/new-rendering-of-proposed-cedar-crossing-casino.jpg","type":"","width":"","height":""}],"author":"Sadonna Price","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Sadonna Price","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.casinousa.com\/news\/cedar-rapids-casino-pitched-for-a-third-time-in-iowa","url":"https:\/\/www.casinousa.com\/news\/cedar-rapids-casino-pitched-for-a-third-time-in-iowa","name":"Cedar Rapids Casino Pitched for a Third Time in Iowa","isPartOf":{"@id":"https:\/\/www.casinousa.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.casinousa.com\/news\/cedar-rapids-casino-pitched-for-a-third-time-in-iowa#primaryimage"},"image":{"@id":"https:\/\/www.casinousa.com\/news\/cedar-rapids-casino-pitched-for-a-third-time-in-iowa#primaryimage"},"thumbnailUrl":"https:\/\/www.casinousa.com\/news\/wp-content\/uploads\/sites\/2\/2024\/10\/new-rendering-of-proposed-cedar-crossing-casino.jpg","datePublished":"2024-10-04T15:00:42+00:00","dateModified":"2024-10-04T15:28:01+00:00","author":{"@id":"https:\/\/www.casinousa.com\/news\/#\/schema\/person\/d3abd52bb9d75eb130cd63cd605c76c0"},"description":"For a third time, the Cedar Crossing project was pitched again to Cedar Rapids officials in the hopes of bringing the $275 million casino project to life.","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.casinousa.com\/news\/cedar-rapids-casino-pitched-for-a-third-time-in-iowa"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casinousa.com\/news\/cedar-rapids-casino-pitched-for-a-third-time-in-iowa#primaryimage","url":"https:\/\/www.casinousa.com\/news\/wp-content\/uploads\/sites\/2\/2024\/10\/new-rendering-of-proposed-cedar-crossing-casino.jpg","contentUrl":"https:\/\/www.casinousa.com\/news\/wp-content\/uploads\/sites\/2\/2024\/10\/new-rendering-of-proposed-cedar-crossing-casino.jpg","width":380,"height":250,"caption":"New Rendering of proposed Cedar Crossing Casino"},{"@type":"WebSite","@id":"https:\/\/www.casinousa.com\/news\/#website","url":"https:\/\/www.casinousa.com\/news\/","name":"CasinoUSA News","description":"Just another CasinoUSA Sites site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.casinousa.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.casinousa.com\/news\/#\/schema\/person\/d3abd52bb9d75eb130cd63cd605c76c0","name":"Sadonna Price","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casinousa.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/6b8e2464e7f1d051f579e7e8960c012eab7788594ed7d4e832fc6bea70036a9e?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/6b8e2464e7f1d051f579e7e8960c012eab7788594ed7d4e832fc6bea70036a9e?s=96&d=mm&r=g","caption":"Sadonna Price"},"description":"Sadonna Price has been part of the online casino industry for over a decade, watching it develop and expand across the US. She enjoys playing online slots and table games, as well as Texas Hold\u2019em.","sameAs":["https:\/\/www.linkedin.com\/in\/sadonna-price-2702b642\/","https:\/\/www.pinterest.co.uk\/sani23\/"],"url":"https:\/\/www.casinousa.com\/news\/author\/sadonna-price"}]}},"_links":{"self":[{"href":"https:\/\/www.casinousa.com\/news\/wp-json\/wp\/v2\/posts\/3384","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.casinousa.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.casinousa.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.casinousa.com\/news\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.casinousa.com\/news\/wp-json\/wp\/v2\/comments?post=3384"}],"version-history":[{"count":0,"href":"https:\/\/www.casinousa.com\/news\/wp-json\/wp\/v2\/posts\/3384\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.casinousa.com\/news\/wp-json\/wp\/v2\/media?parent=3384"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.casinousa.com\/news\/wp-json\/wp\/v2\/categories?post=3384"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.casinousa.com\/news\/wp-json\/wp\/v2\/tags?post=3384"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}