Racing and Gaming Votes On Casino Licenses
The long-awaited decision on four license applications for casino licenses came to a vote Thursday morning in Johnston. The Iowa Racing and Gaming Commission voted unanimously to issue a casino license to a facility in Lyon County, but at the same time, also voted unanimously to deny license applications for proposed casinos in Tama, Wapello County and Webster County.
Commissioners cited concerns over financing for the applications of the Tama and Wapello (Ottumwa) casino proposals, and referred to concerns over cannibalization of the Wild Rose Casino market in the Emmetsburg area with the Webster County (Fort Dodge) proposal.
The Lyon County proposal was favored for its potential employment and economic impact on Lyon County and Larchwood, as well as the influx of revenue from out of state patrons of the new facility.
In remarks prior to their decision, commissioners also discussed the possibility of a three to five year term before considering any new gaming license applications, but no formal action was taken on those comments.