The new Cedar Crossing Casino and Entertainment Center in northwest Cedar Rapids is slated to open its doors on New Year’s Eve 2026, developers announced at a groundbreaking ceremony at the future casino site Friday morning.
The ceremony, which drew about 200 attendees, was held just a day after the Iowa Racing and Gaming Commission approved a gaming license for the Cedar Rapids Development Group, the project’s developers, and the Linn County Gaming Association, which will distribute 8% of the casino’s proceeds to area nonprofit agencies.
Brent Stevens, founder and chairman of the board of Peninsula Pacific Entertainment, which will operate the $275 million Cedar Crossing casino, effusively praised the political leaders, investors and labor leaders who helped bring the project to fruition, before announcing the 22-month construction window for the new facility.