Cedar Crossing Gaming Application Submitted to State
Casino operator, nonprofit partner plan for presentation to Iowa Racing and Gaming Commission in October, development details to follow
CEDAR RAPIDS, Iowa (July 31, 2024) – Today, Peninsula Pacific Entertainment (P2E), a national gaming operator and developer, and the Linn County Gaming Association (LCGA), a local nonprofit association, jointly submitted their gaming license application to the Iowa Racing and Gaming Commission (IRGC).
“We are excited to take this next step in the IRGC process by submitting our gaming license application to make Cedar Crossing a reality for Cedar Rapids,” said Kim Pang, vice president of development for P2E. “In the coming weeks, we look forward to sharing with our community more details about Cedar Crossing’s development plans.”
Earlier this month, the IRGC set a timeline for new gaming license applications in Linn County. The commission has set Thursday, Oct. 3, as the date for new casino application presentations. Following the formal presentation of their gaming license application to the IRGC in October, P2E and LCGA will release further details about Cedar Crossing’s proposed development.
“The support we have received from the city, local nonprofits and community members means everything to all of us who have worked so hard to present our application,” said LCGA President Anne Parmley. “We will continue to work diligently alongside the City of Cedar Rapids, local trade unions and nonprofits to identify how best Cedar Crossing will help them through annual contributions, making Linn County an even better place to live, work and visit.”
P2E and LCGA have previously committed to contributing 8% of their annual gaming revenue to nonprofit organizations – the highest in the state. Iowa mandates that licensed casinos donate at least 3% to nonprofits. The $5 to $7 million in annual contributions will be a major boost to area organizations, a reason so many local organizations like the Boys & Girls Club of the Corridor have enthusiastically voiced their support for a gaming facility in Linn County.
“Cedar Crossing will draw residents and visitors to downtown Cedar Rapids and will help out our local nonprofits as they’ve continued to struggle since the pandemic and derecho impacted our communities,” said John Tursi, executive director of the Boys & Girls Clubs of the Corridor. “The millions of dollars that Cedar Crossing will be able to commit to local nonprofits every year will be truly transformative.”
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