Gambling revenue goes to colleges - KTIV News 4 Sioux City IA: News, Weather and Sports

Gambling revenue goes to colleges

SIOUX CITY, Iowa (KTIV) -- Sioux City's four colleges are getting a boost, and it's thanks to MRHD.

The Missouri River Historical Development group donated $32,000 today to Morningside College, Briar Cliff University, St. Luke's College, and Western Iowa Tech. And they're committing another $44,000 to the groups in the next 4 years. The money will be used for scholarship funds at each of the colleges.

"Everything we can do to keep our folks here and to create business and become a part of business improves our level of living within this county so whatever we can do to keep them here. That's our goal," says MRHD president Mark Monson.

"Scholarships funds are extremely important at Morningside College. We have over 1,200 full-time students on campus and of them, 99% receive financial assistance. So we use this scholarship fund to help make their college education more affordable," said Kari Winkleleck of Morningside College.

MRHD is the license holder for Argosy Casino in Sioux City. The money comes from gambling profits.

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