EDITORIAL: Is the potential Cedar Rapids, Iowa, casino worth the gamble?

Thursday, July 25, 2024 8:13 PM
Photo:  Peninsula Pacific Entertainment (courtesy)
  • Editorial Board, Corridor Business Journal

Peninsula Pacific Entertainment (P2E) and the Linn County Gaming Association (LCGA) recently announced they will jointly reapply for a gaming license with the Iowa Racing and Gaming Commission (IRGC) after the two-year state moratorium on new gaming licenses expired on June 30.

We appreciate the persistence by P2E and LCGA, but are frankly skeptical that enough has changed — including the new members to the IRGC — to warrant the granting of a new gaming license after two previous attempts.

The one thing that has changed significantly since the LCGA first tried to obtain a gaming license in 2014 is Cedar Rapids’ economic development landscape.