Iowa: New Cedar Rapids casino to open on New Year’s Eve 2026

Friday, February 7, 2025 3:15 PM
  • Richard Pratt, Corridor Business Journal

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.