In a significant development, Peninsula Pacific Entertainment (P2E) and the Linn County Gaming Association (LCGA) jointly announced their intention to apply for a gaming license with the Iowa Gaming Association. The license application will be submitted after an Iowa moratorium expires on June 30, 2024.
Cedar Crossing: A Resort and Casino on the Horizon
The proposed resort and casino, known as Cedar Crossing, will be situated on the west bank of the Cedar River, nestled between Kingston Village and Time Check Park in Cedar Rapids. Linn County residents have shown overwhelming support for gaming, having passed public referendums in both 2013 and 2021, authorizing gaming in the county. The 2021 vote, known as Public Measure G, permanently authorized gaming in Linn County, eliminating the need for a third referendum.
Community Impact and Commitment
Cedar Crossing representatives have pledged to contribute 8% of the resort’s annual gaming revenue to local nonprofit organizations. This commitment aims to enhance the vibrancy of the community, with estimated annual contributions ranging from $5 million to $7 million. The project enjoys support from local government officials and trade unions, emphasizing its potential to benefit Cedar Rapids and Linn County as a whole.
Setting a New Standard
Jonathan Swain, a P2E Board Member, expressed confidence in Cedar Crossing’s vision, stating, “Our commitment to building a world-class destination has never wavered. We look forward to setting a new standard for gaming and entertainment in Iowa.” Mayor Tiffany O’Donnell of Cedar Rapids echoed this sentiment, emphasizing the project’s potential to elevate the city’s status as a modern entertainment and gaming destination.
