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Cedar Rapids Casino

Cedar Rapids Casino. By: Marty Francksen. Table of Contents. Floods of 2008 Problem? Casino location Pros Cons Solution. Floods of 2008. June of 2008 Cedar River crested at 31.12 ft. (19 ft. above flood stage) 940 businesses damaged in downtown Many businesses didn’t return.

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Cedar Rapids Casino

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  1. Cedar Rapids Casino By: Marty Francksen

  2. Table of Contents • Floods of 2008 • Problem? • Casino location • Pros • Cons • Solution

  3. Floods of 2008 • June of 2008 • Cedar River crested at 31.12 ft. (19 ft. above flood stage) • 940 businesses damaged in downtown • Many businesses didn’t return

  4. Problem • Local investor group wants to build a casino in Linn County. • Other Iowa casino owners don’t want a casino in Linn County.

  5. Pros • Will create more than 600 jobs. • Will give a boost to Cedar Rapids’ riverfront across from downtown. • Keep gambling dollars spent by Linn County residents in Linn County. • Provide business for the city-owned hotel and convention complex.

  6. Cons • It’s not a real economic development and comes with more costs in crime and social problems than benefits. • Will not deliver all the jobs promised and will hurt existing restaurants and bars. • Has been rushed at voters with too little public debate.

  7. Solution • Make the casino smaller so it won’t make a huge difference on other casino’s revenue.

  8. Location of Casino

  9. Works Cited • "Map of Downtown Cedar Rapids." Google Maps. Google, n.d. Web. 02 Apr. 2013. • "Voters Will Decide Linn County Casino’s Fate Tuesday." The Gazette. Gazette Communications, 4 Mar. 2013. Web. 28 Mar. 2013.

  10. Questions?

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