Bill puts two-year moratorium on Iowa casino licenses

One Iowa mayor is upset about the moratorium
One Iowa mayor is upset about the moratorium
Published: Jun. 18, 2022 at 11:56 AM CDT
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CEDAR RAPIDS, Iowa (AP) --Iowa Gov. Kim Reynolds has signed into law a measure that places a two-year moratorium on new casino licenses -- a move the mayor of Cedar Rapids calls “disappointing.”

The Cedar Rapids Gazette reports that an amendment to a larger gambling bill means regulators cannot issue any new licenses in Iowa until June 2024. Reynolds signed the bill Friday.

The moratorium puts on hold plans for a potential $250 million, 160,000 square-foot entertainment and cultural arts complex at the site of now-demolished Cooper’s Mill near downtown Cedar Rapids

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