Iowa Gaming Companies Prepare for End of Casino License Moratorium

  • 📰 Covers
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 59%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

With a two-year moratorium set to expire June 30, some Iowa companies already have plans to apply for new casino licenses in the Hawkeye State.

With a two-year restriction ending June 30, the Iowa Racing and Gaming Commission is preparing for a wave of new casino license applications in the Hawkeye State.The Iowa Racing and Gaming Commission hasn't issued any new casino licenses for two years. However, with the moratorium set to expire June 30, some companies have already announced plans to apply.

The casino is expected to produce hundreds of jobs for the community, boost tourism, and contribute millions of dollars to the local economy. If thegrants a license, the city plans to contribute 8% of annual gaming revenue to nonprofit organizations, as opposed to the 3% required by the state.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 341. in BE

Belgique Dernières Nouvelles, Belgique Actualités